News from Armenia and Diaspora, information-analytic center, Armenian News portal Noyan Tapan


ELECTRONIC PAYMENTS GROW BY 39.74% IN ARMENIA IN FIRST
QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-23 15:36:00

YEREVAN, MAY 23, NOYAN TAPAN. Most of electronic payments through the payment systems of the Central Bank of Armenia (CBA) in the first quarter of 2007

"CONSTRUCTION 2007" INTERNATIONAL CONGRESS TO BE HELD IN
TSAKHKADZOR ON JULY 20-23
  • Economy
  • 2007-05-22 20:00:00

YEREVAN, MAY 22, NOYAN TAPAN. On the initiative of the Master international integration assistance center, the "Construction 2007" international congress will be held in Tsakhkadzor on July

"ECONOMY AND VALUES" STUDIES PROSPECTS OF ATTRACTING BIG
TRANSNATIONAL CORPORATIONS TO ARMENIA
  • Economy
  • 2007-05-22 18:30:00

YEREVAN, MAY 22, NOYAN TAPAN. The Economy and Values research center on development and analysis of economic development strategies is currently studying the prospects of attracting big

PROFIT OF ARMENIAN INSURANCE COMPANIES MADE 150.8 MILLION
DRAMS IN FIRST QUARTER OF 2007
  • Economy
  • 2007-05-22 16:00:00

YEREVAN, MAY 22, NOYAN TAPAN. As of March 31, 2007, 12 insurance companies operated in Armenia against 13 ones in late 2006. According to data of

ARMRUSGASPROM TO ISSUE BONDS OF ONE BILLION DRAMS
  • Economy
  • 2007-05-21 22:00:00

YEREVAN, MAY 21, NOYAN TAPAN. The Board of Directors of ArmRusgasprom CJSC approved the program of issuing medium-term corporate bonds, which is aimed at financing the

NEW PROJECTS TO BE DISCUSSED AT SITTING OF GERMAN-ARMENIAN
FUND
  • Economy
  • 2007-05-21 20:00:00

YEREVAN, MAY 21, NOYAN TAPAN. The chairman of the Central Bank of Armenia (CBA) Tigran Sargsian went on a working visit to Frankfurt in order to

ARMENIAN RAILWAY REPLENISHED WITH FIVE ELECTRIC LOCOMOTIVES
  • Economy
  • 2007-05-21 20:00:00

YEREVAN, MAY 21, NOYAN TAPAN. The Armenian railway has been replenished with five locomotives which have been leased from Russian Railways company. The locomotives, whose market

ARMENIAN GDP GROWS BY 11.1% IN JANUARY-APRIL 2007 ON SAME
MONTHS OF LAST YEAR
  • Economy
  • 2007-05-21 18:00:00

YEREVAN, MAY 21, NOYAN TAPAN. In January-April 2007, Armenian GDP grew by 11.1% on the same months of last year and made 477 bln 982.4 mln

NEW PASSENGER COMPLEX OF ZVARTNOTS AIRPORT TO OPEN ON MAY
25
  • Economy
  • 2007-05-18 18:00:00

YEREVAN, MAY 18, NOYAN TAPAN. Starting from June 1, passengers will be provided services in the new complex of Zvartnots Airport. NT correspondent was inforemed from

ARMENIAN-ROMANIAN TRADE AND ECONOMIC RELATIONS DO NOT
REFLECT REAL OPPORTUNITIES OF SIDES
  • Economy
  • 2007-05-17 20:00:00

YEREVAN, MAY 17, NOYAN TAPAN. During the May 17 meeting, the Armenian prime minister Serge Sargsian and the newly appoined Romania's ambassador extraordinary and plenipotentiary to Armenia

ARMENIAN TRUCK - PARTICIPANT OF BCRHC FORBIDDEN TO ENTER
AZERBAIJAN
  • Economy
  • 2007-05-17 18:00:00

YEREVAN, MAY 17, NOYAN TAPAN. Yesterday the trucks - participants of the Black Sea Ring-Shaped Highway Caravan (BSRHC) program crossed the border of Armenia. The trucks

EXPORTS FROM ARMENIA GROW BY 25.1%, IMPORTS - 52.9% IN
JANUARY-MARCH 2007 ON FIRST QUARTER OF LAST YEAR
  • Economy
  • 2007-05-17 11:30:00

YEREVAN, MAY 16, NOYAN TAPAN. In January-March 2007, the foreign trade of Armenia made 314 bln 943.7 mln drams or 876.4 mln USD (in current prices).

TRUCKS - PARTICIPANTS OF "BLACK SEA RING-SHAPED HIGHWAY
CARAVAN" PROGRAM ARE IN ARMENIA
  • Economy
  • 2007-05-16 22:15:00

YEREVAN, MAY 16, NOYAN TAPAN. The trucks - participants of the Black Sea Ring-Shaped Highway Caravan" (BSRHC) on May 16 crossed the Armenian border. They set

DRINKING WATER TARIFF TO REMAIN UNCHANGED UNTIL JULY 1 2009
  • Economy
  • 2007-05-16 19:00:00

YEREVAN, MAY 16, NOYAN TAPAN. Under the lease agreement signed with Yerevan Water company, the current drinking water tariff of 172.8 drams in Yerevan will remain

ANNUAL INTERNATIONAL MEETING OF BANKING EXPERTS HELD IN
YEREVAN
  • Economy
  • 2007-05-15 21:40:00

YEREVAN, MAY 15, NOYAN TAPAN. The annual meeting of technical cooperation and training coordinators from the national/central banks of G-10, Austria, International Monetary Fund (IMF), European Central

DEFENCE EXPENDITURES OF ARMENIA GROW BY 7.6% IN FIRST
QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-15 20:00:00

YEREVAN, MAY 15, NOYAN TAPAN. Out of the budgetary expenditures of 93 bln 73.9 mln drams (about 259 mln USD) in January-March 2007, expenditures in the

ACTION PLAN ON FORMATION OF INFORMATION SOCIETY IN ARMENIA
TO BE DEVELOPED BY AUTUMN OF 2007
  • Economy
  • 2007-05-15 19:00:00

YEREVAN, MAY 15, NOYAN TAPAN. With the aim of implementing the programs discussed at the World Summits on the Information Society in Geneva (2003) and Tunisia

MONETARY INCOMES OF ARMENIAN POPULATION INCREASE BY 23.3%,
EXPENDITURES - BY 21.4% IN JANUARY-MARCH 2007 ON SAME PERIOD OF
LAST YEAR
  • Economy
  • 2007-05-14 19:00:00

YEREVAN, MAY 14, NOYAN TAPAN. In January-March 2007, monetary incomes of the Armenian population made 373 bln 801.4 mln drams (about 1 ln 40 mln USD),

BALANCE OF DEPOSITS ATTRACTED FROM POPULATION BY ARMENIAN
BANKS GROWS BY 27.6% IN ONE YEAR
  • Economy
  • 2007-05-14 19:00:00

YEREVAN, MAY 14, NOYAN TAPAN. As of March 31, 2007, the monetary base made 264 bln 812 mln drams (about 736 mln 735 thousand USD) in

ISSUE OF SETTING UP ARMENIAN-RUSSIAN DIAMOND CUTTING JOINT
VENTURE UNDER EXAMINATION
  • Economy
  • 2007-05-14 19:00:00

YEREVAN, MAY 14, NOYAN TAPAN. Russian structures are examining the issue of founding a diamond-cutting joint venture by state company Smolenskie Cristaly (Russia) and DCA company (Armenia).

TRADE GROWS BY 5.5% IN ARMENIA IN JANUARY-MARCH 2007 ON
SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-11 20:00:00

YEREVAN, MAY 11, NOYAN TAPAN. In January-March 2007, trade turnover in Armenia made 249 bln 635.5 mln drams (over 694.5 mln USD) in current prices, which

INDUSTRIAL PRODUCTION GROWS BY 4.3% IN ARMENIA IN
JANUARY-MARCH 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-11 20:00:00

YEREVAN, MAY 11, NOYAN TAPAN. In January-March 2007, industrial production of 152 bln 365 mln drams (about 423.9 mln USD) was made in Armenia. Industrial production

SERVICE TARIFFS GROW BY 0.1% IN ARMENIA IN APRIL ON MARCH
2007
  • Economy
  • 2007-05-11 20:00:00

YEREVAN, MAY 11, NOYAN TAPAN. A 0.1% growth in tariffs of services provided to the Armenian population was registered in April on March 2007, which was

CONSTRUCTION GROWS BY 16.4% IN ARMENIA IN JANUARY-MARCH
2007 ON SAME MONTHS OF 2006
  • Economy
  • 2007-05-11 20:00:00

YEREVAN, MAY 11, NOYAN TAPAN. In January-March 2007, construction work of 32 bln 243 mln drams (about 89.6 mln USD) was done in Armenia, including construction

ARMENIAN DRAM APPRECIATES BY 1.4% AGAINST US DOLLAR IN
APRIL 2007
  • Economy
  • 2007-05-11 20:00:00

YEREVAN, MAY 11, NOYAN TAPAN. A 0.3% decline in the settlement exchange rate of the Armenian dram against the US dollar was registered in parallel with

PRICES OF GASOLINE AND DIESEL FUEL FALL BY 0.2% AND 4.1% IN
APRIL 2007 ON DECEMBER 2006
  • Economy
  • 2007-05-11 18:00:00

YEREVAN, MAY 11, NOYAN TAPAN. The prices of gasoline and diesel fuel fell by 0.2% and 4.1% respectively in Armenia in April 2007 on December 2006.

PRICES OF NON-FOOD COMMODITIES GROW BY 0.8% IN ARMENIA IN
APRIL 2007
  • Economy
  • 2007-05-11 18:00:00

YEREVAN, MAY 11, NOYAN TAPAN. The 0.8% inflation in Armenia's non-food commodity market in April on March 2007 was mainly conditioned by 5.3% growth in the

POTATO PRICE GROWTH IN ARMENIA CONTINUES
  • Economy
  • 2007-05-11 18:00:00

YEREVAN, MAY 11, NOYAN TAPAN. A 0.1% price fall was registered in the Armenian food commodity market in April on March 2007, which was mainly due

CONSUMER PRICES RISE BY 2.1% IN ARMENIA IN APRIL 2007 ON
DECEMBER 2006
  • Economy
  • 2007-05-11 18:00:00

YEREVAN, MAY 11, NOYAN TAPAN. The consumer price index made 102.1% in April 2007 on December 2006, including the consumer price index of food commodities (including

ARMENIAN GOVERNMENT ALLOCATES 670 MILLION DRAMS FOR
RESTORATION OF MOTORWAYS DESTROYED BY SPRING FLOODS IN TAVUSH
AND LORI MARZES
  • Economy
  • 2007-05-10 21:30:00

YEREVAN, MAY 10, NOYAN TAPAN. At the May 10 sitting, the Armenian government made a decision to allocate 670 mln 252.7 thousand drams from the 2007

120 MILLION CUBIC METERS OF WATER TO BE LET OUT OF LAKE
SEVAN FOR IRRIGATION THIS YEAR
  • Economy
  • 2007-05-10 21:20:00

YEREVAN, MAY 10, NOYAN TAPAN. At the May 10 sitting, the Armenian government made a decision to set the amount of water to be let out

NO "INFORMATION TECHNOLOGY MONTH" TO BE HELD IN ARMENIA
THIS YEAR
  • Economy
  • 2007-05-10 20:20:00

YEREVAN, MAY 10, NOYAN TAPAN. No IT Month will be held in Armenia in 2007. Ara Hakobian, member of the Republican Party of Armenia (RPA) Board,

OVERALL BALANCE CAPITAL OF ARMENIAN CREDIT INSTITUTIONS
GROWS BY 4.8% IN FIRST QUARTER OF 2007
  • Economy
  • 2007-05-10 17:00:00

YEREVAN, MAY 10, NOYAN TAPAN. As of March 31, 2007, 17 credit institutions with their 17 branches operated in Armenia. According to the Central Bank of

OVERALL BALANCE CAPITAL OF ARMENIAN COMMERCIAL BANKS GROWS
BY 6.3% IN FIRST QUARTER OF 2007
  • Economy
  • 2007-05-10 17:00:00

YEREVAN, MAY 10, NOYAN TAPAN. As of March 31, 2007, 21 commercial banks with their 304 branches operated in Armenia. According to the Central Bank of

BUDGETARY TRANSFERS GROW BY 11.8% IN FIRST QUARTER OF 2007
ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-09 14:00:00

YEREVAN, MAY 9, NOYAN TAPAN. In the first quarter of 2007, current transfers accounted for 28.3% or 21.8 bln drams (about 60.6 mln USD) of current

NON-TAX REVENUES OF RA STATE BUDGET INCREASE 2.6FOLD IN
FIRST QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-09 14:00:00

YEREVAN, MAY 9, NOYAN TAPAN. In January-March 2007, non-tax revenues of the RA state budget made 11.6 bln drams (about 32.3 mln USD), as a result

RA STATE BUDGETARY EXPENDITURES GROW BY 16.4% IN FIRST
QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-09 14:00:00

YEREVAN, MAY 9, NOYAN TAPAN. In the first quarter of 2007, the RA state budgetary expenditures made 93.1 bln drams (about 259 mln USD). 82.9% of

RA STATE BUDGET FULFILLED WITH 17.6 BILLION DRAM SURPLUS IN
FIRST QUARTER OF 2007
  • Economy
  • 2007-05-09 14:00:00

YEREVAN, MAY 9, NOYAN TAPAN. In the first quarter of 2007, the state budget of the RA (without inflow of funds under credit programs financed from

STATE BUDGETARY REVENUES FROM CAPITAL OPERATIONS GROW BY
77.5% IN FIRST QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-09 14:00:00

YEREVAN, MAY 9, NOYAN TAPAN. In January-March 2007, the RA state budgetary revenues from capital operations made over 4.5 bln drams (about 12.5 mln USD), 4.1

CUSTOMS DUTY REVENUES GROW BY 22.5% IN FIRST QUARTER OF
2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-08 20:00:00

YEREVAN, MAY 8, NOYAN TAPAN. In January-March 2007, customs duties of 4.5 bln drams (more than 12.5 mln USD) were transferred to the RA state budget,

EXCISE TAX REVENUES OF RA STATE BUDGET DECLINE BY 6% IN
FIRST QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-08 20:00:00

YEREVAN, MAY 8, NOYAN TAPAN. In January-March 2007, excise tax revenues of the RA state budget amounted to 8.5 bln drams (over 23.6 mln USD), which

TAX REVENUES OF RA STATE BUDGET GROW BY 26.9% IN FIRST
QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-08 20:00:00

YEREVAN, MAY 8, NOYAN TAPAN. In the first quarter of 2007, tax revenues made up 81.4% of the RA state budgetary revenues. State duties made up

RA STATE BUDGETARY REVENUES GROW BY 34.8% IN FIRST QUARTER
OF 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-05-08 20:00:00

YEREVAN, MAY 8, NOYAN TAPAN. In the first quarter of 2007, the RA state budgetary revenues made 110.7 bln drams (about 308 mln USD), while expenditures

CBA PUTS INTO CIRCULATION NEW GOLD COMMEMORATIVE COIN "15th
ANNIVERSARY OF LIBERATION OF SHUSHI"
  • Economy
  • 2007-05-07 20:00:00

YEREVAN, MAY 7, NOYAN TAPAN. The Central Bank of Armenia (CBA) on May 7 put into circulation a new gold commemorative coin "15th Anniversary of Liberation

ARMRUSGAZPROM IS EFFICIENTLY OPERATING COMPANY AMONG JOINT
VENTURES FOUNDED BY GAZPROM
  • Economy
  • 2007-05-06 21:00:00

YEREVAN, JUNE 5, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on June 5 received the deputy chairman of the board of Gazprom OJSC (Russia) Valery

PROGRAMS ON CULTURE, INFORMATION, SPORTS AND RELIGION
FINANCED FROM RA STATE BUDGET IN AMOUNT OF 13.6 BLN DRAMS IN
2006
  • Economy
  • 2007-05-06 10:00:00

YEREVAN, SEPTEMBER 6, NOYAN TAPAN. In 2006, programs on culture, information, sports and religion were financed from the RA state budget in the amount of 13.6

ARMENIAN INFORMAION TECHNOLOGY SECTOR HAS ENTERED THE
QUALITATIVE STAGE OF DEVELOPMENT, TIGRAN DAVTIAN SAYS
  • Economy
  • 2007-05-03 20:00:00

YEREVAN, MAY 3, NOYAN TAPAN. Armenia's IT sector has entered a new stage of development - passing from the quantitative stage to the qualitative one. RA

CBA BOARD LEAVES REFINANCING INTEREST RATE UNCHAGED - 4.5%
  • Economy
  • 2007-05-02 21:00:00

YEREVAN, MAY 2, NOYAN TAPAN. By the May 2 decision, the Board of the Central Bank of Armenia (CBA) left the CBA refinancing interest rate unchanged

LICENSE TO ARMENIAN EXPRESS CJSC OPERATED REVOKED
  • Economy
  • 2007-05-02 20:00:00

YEREVAN, MAY 2, NOYAN TAPAN. The Board of the Central Bank of Armenia (CBA) annulled the activity license to "Armenian Express CJSC", a money remitter firm.

YEREVAN MAYOR'S OFFICE IMPLEMENTS WORK OF 19 BLN 256 MLN
DRAMS IN FIRST QUARTER OF 2007
  • Economy
  • 2007-05-02 20:00:00

YEREVAN, MAY 2, NOYAN TAPAN. In 2007, Yerevan mayor's office will implement work of 83 bln 718 mln drams (about 249 mln USD). The mayor Yervand

100 THOUSAND DRAM FINE IMPOSED ON ARMENTEL FOR ATTEMPT TO
MISLEAD SUBSCRIBERS
  • Economy
  • 2007-05-02 20:00:00

YEREVAN, MAY 2, NOYAN TAPAN. At the May 2 sitting, the RA State Commission on Protection of Economic Competition made a decision to stop the legal

LACK OF INVESTMENTS IN INFORMATION TECHNOLOGY SECTOR
CONDITIONED BY HIGH RISKINESS OF ARMENIA
  • Economy
  • 2007-05-02 20:00:00

YEREVAN, MAY 2, NOYAN TAPAN. The first Armenian high-tech congress "Armtech 2007" to be held in San Francisco on July 4-7 provides an exceptional chance to

ANNUAL EXHIBITION OF HEATING TECHNOLOGIES TO BE HELD IN
YEREVAN ON MAY 2-4
  • Economy
  • 2007-04-30 19:00:00

YEREVAN, APRIL 30, NOYAN TAPAN. An annual exhibition of heating technologies will be held in Yerevan on May 2-4 with the aim of informing the Armenian

CONSTRUCTION VOLUME GROWS BY 12.4% IN ARMENIA IN
JANUARY-FEBRUARY 2007 ON SAME PERIOD OF 2006
  • Economy
  • 2007-04-30 19:00:00

YEREVAN, APRIL 30, NOYAN TAPAN. In January-February 2007, construction of 14 bln 436 mln drams (about 4.1 mln USD) was done in Armenia, including construction of

STS AND USAID SIGN DOCUMENT ON COOPERATION IN 2007
  • Economy
  • 2007-04-28 20:00:00

YEREVAN, APRIL 28, NOYAN TAPAN. Head of the State Tax Service (STS) adjunct to the RA government Felix Tsolakian and Head of the USAID Armenia Office

ARMENIA IN 74th PLACE AMONG 124 COUNTRIES BY TOURISM
COMPETITIVENESS INDEX
  • Economy
  • 2007-04-28 20:00:00

YEREVAN, APRIL 28, NOYAN TAPAN. Armenia is in 74th place among 124 countries by its tourism competitiveness index, yielding only to two CIS countries - Georgia

ATDA IMPLEMENTS WORK ON ARMENIA.TRAVEL DOMAIN CREATION
  • Economy
  • 2007-04-28 20:00:00

YEREVAN, APRIL 28, NOYAN TAPAN. By late 2007, the Armenian Tourism Development Agency (ATDA) plans to implement a number of programs with the aim of expanding

SERIOUS EXPERT WORK UNDERWAY TO DECIDE FATE OF ARMENIAN
ATOMIC ENERGY
  • Economy
  • 2007-04-28 16:00:00

YEREVAN, APRIL 28, NOYAN TAPAN. According to the Armenian president Robert Kocharian, serious expert work on the fate of Armenia's atomic energy is underway and some

SYNOPSYS TO CONTINUE COOPERATION WITH SEUA
  • Economy
  • 2007-04-28 16:00:00

YEREVAN, APRIL 28, NOYAN TAPAN. The cooperation between Synopsys company, the world leader in electronic automated design, and State Engineering University of Armenia (SEUA) is unique as

ADC INVESTMENTS IN CREATION OF OPTICAL FIBER NETWORK IN
YEREVAN TO MAKE 4.9 MILLION DOLLARS
  • Economy
  • 2007-04-27 23:10:00

YEREVAN, APRIL 27, NOYAN TAPAN. The Armenian-Norwegian Armenian Datacom Company (ADC) CJSC has already invested 3.4 mln USD in construction of the optical fiber cable network

OMX INTENDS TO ACQUIRE ARMENIAN STOCK EXCHANGE AND CENTRAL
DEPOSITORY
  • Economy
  • 2007-04-27 22:20:00

YEREVAN, APRIL 27, NOYAN TAPAN. OMX - a leading player in stock exchange business, the Central Bank of Armenia (CBA) and the Armenian government on April

CONSTRUCTION OF NEW TELEPHONE NETWORK STARTS IN GYUMRI
  • Economy
  • 2007-04-27 20:00:00

YEREVAN, APRIL 27, NOYAN TAPAN. Construction of a new fixed-line phone network for 20 thousand subscribers has started in Gyumri. According to ArmenTel, all residents and organizations

CONFERENCE ON INFORMATION TECHNOLOGIES COMPETITIVENESS
ISSUES TO BE HELD IN YEREVAN ON MAY 3
  • Economy
  • 2007-04-27 20:00:00

YEREVAN, APRIL 27, NOYAN TAPAN. A conference on IT competitiveness issues will be held at Yerevan's Marriott Hotel on May 3. NT was informed from the

EU ENVISAGES IMPROVING TRADE REGIMES WITH ARMENIA
  • Economy
  • 2007-04-26 22:10:00

YEREVAN, APRIL 26, NOYAN TAPAN. Presenting the results of the 6th sitting of the EU-Armenia Cooperation's Trade, Economic and Legal Issues Subcommittee in Yerevan on April

EBRD TO PROVIDE 7 MILLION EURO-LOAN TO ARMENIAN GOVERNMENT
FOR IMPROVEMENT OF WASTEWATER MANAGEMENT SERVICES IN 5
MUNICIPALITIES
  • Economy
  • 2007-04-26 21:30:00

YEREVAN, APRIL 26, NOYAN TAPAN. The European Bank for Reconstruction and Development (EBRD) will provide a 7 mln-euro loan to the Armenian government for improvement of

AMENDMENTS TO BE MADE IN OVER 30 BYLAWS RELATED TO CIVIL
AVIATION SECTOR
  • Economy
  • 2007-04-26 21:00:00

YEREVAN, APRIL 26, NOYAN TAPAN. Issues related to civil aviation were discussed during the April 26 working meeting of the Armenian president Robert Kocharian and the

ACTIVITIES OF IT DEVELOPMENT SUPPORT COUNCIL WILL BE IN
CENTER OF ATTENTION OF NEW PRIME MINISTER, SECRETARY OF COUNCIL
SAYS
  • Economy
  • 2007-04-26 20:00:00

YEREVAN, APRIL 26, NOYAN TAPAN. Secretary of the IT Development Support Council (ITDSC) Armen Grigorian is convinced that the activities of the council will be in

IN NEAR FUTURE ARMENIA TO LINK TO INTERNATIONAL INTERNET
NETWORK BY COMMUNICATION LINES OF THREE COMPANIES AT ONCE
  • Economy
  • 2007-04-26 20:00:00

YEREVAN, APRIL 26, NOYAN TAPAN. ADC (Armenian Datecom Company) operating in Armenia with Norwegian investments started providing Internet access services in Yerevan through a network of optical

"ARMTECH 2007" TO PLAY IMPORTANT ROLE IN DEVELOPMENT OF
ARMENIAN IGORMATION TECHNOLOGIES SECTOR
  • Economy
  • 2007-04-26 20:00:00

YEREVAN, APRIL 26, NOYAN TAPAN. A 50-member delegation will represent Armenia at the first Armenian high-tech congress "Armtech 2007" to be held in San Francisco on

10th ANNIVERSARY OF GRANT THORNTON AMIO COMPANY CELEBRATED ON
APRIL 25
  • Economy
  • 2007-04-25 20:00:00

YEREVAN, APRIL 25, NOYAN TAPAN. The 10th anniverasy of the consulting company Grant Thornton Amio is celebrated in Yerevan on April 25. NT was informed from

ARMENIAN PRIME MINISTER AND "ROSATOM" HEAD DISCUSS
POSSIBILITIES OF CONSTRUCTING NEW NUCLEAR POWER PLANT IN ARMENIA
  • Economy
  • 2007-04-23 22:00:00

YEREVAN, APRIL 23, NOYAN TAPAN. The visit of the delegation of the RF Federal Atomic Energy Agency to Armenia will mark the start of a new

PRIORITY TASK OF TAX AND CUSTOMS BODIES IS UNCOMPROMISING
STRUGGLE AGAINST SHADOW ECONOMY, ARMENIAN PRESIDENT SAYS
  • Economy
  • 2007-04-23 21:40:00

YEREVAN, APRIL 23, NOYAN TAPAN. During the April 23 working consultation conducted by the Armenian president Robert Kocharian, the results of the first quarter from the

ARMENIAN-RUSSIAN COOPERATION IN ATOMIC ENERGY SPHERE TO
DEVELOP
  • Economy
  • 2007-04-23 21:00:00

YEREVAN, APRIL 23, NOYAN TAPAN. Issues related to Armenian-Russian cooperation in the sphere of atomic energy were discussed during the April 23 meeting of the Armenian

RUSSIA READY TO ASSIST ARMENIA WITH CONSTRUCTION OF NEW
NUCLEAR POWER PLANT
  • Economy
  • 2007-04-23 20:00:00

YEREVAN, APRIL 23, NOYAN TAPAN. Russia is ready to assist Armenia with construction of a new nuclear power plant, including by making investments if the Armenian

ARMENIAN AND RUSSIAN SPECIALISTS TO IMPLEMENT WORK ON
GEOLOGICAL EXPLORATION OF URANIUM MINES IN ARMENIA
  • Economy
  • 2007-04-23 20:00:00

YEREVAN, APRIL 23, NOYAN TAPAN. On April 23 the RA Ministry of Nature Protection and the RF Atomic Energy Agency signed a cooperation memorandum on prospecting,

IT IS POSSIBLE TO EXPORT SCIENTIFIC PRODUCTS AND
EDUCATIONAL SERVICES OF 300-400 MILLION DOLLARS OF ARMENIAN
INFORMATION TECHNOLOGY SECTOR, HEAD OF NORK CJSC IT DEPARMENT
SAYS
  • Economy
  • 2007-04-23 19:00:00

YEREVAN, APRIL 23, NOYAN TAPAN. In case of availability of the political will of the authorities, such conditions can be created in three-five years that will

CONSTRUCTION AND IMPROVEMENT WORK OF 20 MILLION DOLLARS TO
BE DONE IN YEREVAN THIS YEAR
  • Economy
  • 2007-04-23 19:00:00

YEREVAN, APRIL 23, NOYAN TAPAN. This year Yerevan Mayor's Office envisages to implement construction and improvement work, as well as repairs of the outdoor lighting networks

ONLY 4 OUT OF 35 YEREVAN HOTELS HAVE QUALIFICATION
CATEGORY
  • Economy
  • 2007-04-23 19:00:00

YEREVAN, APRIL 23, NOYAN TAPAN. Only 4 out of 35 hotels in Yerevan have been granted a qualification category by the RA Ministry of Trade and

PAP REPRESENATATIVE: MONOPOLY IS NOT AN EVIL BUT ABUSE OF
MONOPOLY POSITION IS
  • Economy
  • 2007-04-21 19:00:00

YEREVAN, APRIL 21, NOYAN TAPAN. The economic growth registered in Armenia is a basis for creation of economic theses for the pre-electoral program of the Republican

ARMENIAN GDP GROWS BY 11% IN JANUARY-MARCH 2007 ON SAME
PERIOD OF LAST YEAR
  • Economy
  • 2007-04-20 22:40:00

YEREVAN, APRIL 20, NOYAN TAPAN. Armenian GDP grew by 11% in January-March 2007 on the same period of last year and made 311 bln 505.9 mln

TRADE BETWEEN ARMENIA AND LATVIA CAN BE INCREASED BY
IMPLEMENTATION OF JOINT ECONOMIC PROGRAMS
  • Economy
  • 2007-04-20 20:30:00

YEREVAN, APRIL 20, NOYAN TAPAN. During the April 20 meeting with the Armenian prime minister Serge Sargsian, the Latvian foreign minister Artis Pabriks, who is on

NDP CHAIRMAN: PRIVILEGES SHOULD BE INTRODUCED FOR ARMENIAN
INFORMATION TECHNOLOGY ENTERPRISES
  • Economy
  • 2007-04-19 21:20:00

YEREVAN, APRIL 19, NOYAN TAPAN. Tax and customs privileges should be introduced for Armenian IT enterprises in order to ensure competitiveness of the country's IT sector.

5th SITTING OF ARMENIAN-CHINESE INTERGOVERNMENTAL
COMMISSION TO BE HELD IN YEREVAN ON APRIL 20
  • Economy
  • 2007-04-19 21:00:00

YEREVAN, APRIL 19, NOYAN TAPAN. The 5th joint sitting of the Armenian-Chinese intergovernmental commission will be held in Yerevan on April 20. The delegation headed by

GOVERNEMT APPROVES BILL ON APPROVAL OF ANNUAL REPORT ON
EXECUTION OF 2006 RA STATE BUDGET
  • Economy
  • 2007-04-19 20:30:00

YEREVAN, APRIL 19, NOYAN TAPAN. At the April 19 sitting, the Armenian government approved the bill on approval of the annual report on execution of the

GAS SUPPLY OF ARMENIA AND GEORGIA RESUMES
  • Economy
  • 2007-04-19 20:00:00

YEREVAN, APRIL 19, NOYAN TAPAN. On April 19 the gas supply of Armenia and Georgia was restored. It was discontinued in connection with preventive work on

ARMBUSINESSBANK PUTS INTO OPERATION FIRST IN ARMENIA
MACHINE FOR AUTOMATIC EXCHANGE OF FOREIGN CURRENCY
  • Economy
  • 2007-04-19 20:00:00

YEREVAN, APRIL 19, NOYAN TAPAN. Armbusinessbank CJSC has put into operation a machine for automatic exchange of foreign currency. This machine is the first one in

SIX ARMENIAN INSURANCE COMPANIES ALREADY OPERATE BY TARIFFS
CALCULATED BY ACTUARIAL ANALYSIS OFFICE OF NORK COMPANY
  • Economy
  • 2007-04-19 20:00:00

YEREVAN, APRIL 19, NOYAN TAPAN. The Actuarial Analysis Office of Nork CJSC calculated insurance tariffs for 6 Armenian insurance companies, made analyses for introduction of the compulsory

CBA PUTS ONE GOLD AND TWO SILVER COMMEMORATIVE COINS INTO
CIRCULATION
  • Economy
  • 2007-04-19 17:00:00

YEREVAN, APRIL 19, NOYAN TAPAN. The Central Bank of Armenia (CBA) puts into circulation the gold commemorative coin "Hayk Nahapet" and the silver commemorative coins "Grapes"

GROSS FOREIGN ASSETS OF ARMENIA GROW BY 316 MILLION 876.8
THOUSAND DOLLARS IN 2006
  • Economy
  • 2007-04-18 20:40:00

YEREVAN, APRIL 18, NOYAN TAPAN. In late 2006, the gross foreign assets of the Republic of Armenia made 1 bln 72 mln 37.3 thousand USD against

CBA TAKES MEASURES AIMED AT REGULATION OF ACTUARY ACTIVITY
SECTOR
  • Economy
  • 2007-04-18 20:00:00

YEREVAN, APRIL 18, NOYAN TAPAN. The Central Bank of Armenia (CBA) is taking measures aimed at development of methodology and order of licensing of actuary activity.

FULFILMEMT TERMS OF SOME ARMENTEL OBLIGATIONS EXTENDED
  • Economy
  • 2007-04-18 20:00:00

YEREVAN, APRIL 18, NOYAN TAPAN. At the April 18 sitting, the RA Public Services Regulatory Commision made a decision to extend the terms of fulfilment of

LANDS OF 27 THOUSAND HA TO BE SOWN WITH TRUCK CROPS AND
MELONS IN ARMENIA THIS YEAR
  • Economy
  • 2007-04-17 19:00:00

YEREVAN, APRIL 17, NOYAN TAPAN. Lands of the total area of 27 thousand ha will be sown with truck crops and melons in Armenia this year.

TRADE GROWS BY 3.6% IN ARMENIA IN JANUARY-FEBRUARY 2007 ON
SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-04-16 19:00:00

YEREVAN, APRIL 16, NOYAN TAPAN. In January-February 2007, the trade turnover made 154 bln 751 mln drams (430 mln USD) at current prices in Armenia, exceeding

NUMBER OF COMMERCIAL LEGAL ENTITIES REGISTERED IN ARMENIA
GROWS BY 3.11%, NUMBER OF PRIVATE BUSINESSMEN DECLINES BY 40.41%
IN ONE YEAR
  • Economy
  • 2007-04-16 19:00:00

YEREVAN, APRIL 16, NOYAN TAPAN. According to the data of the RA Justice Ministry's State Register of Legal Entities and Private Businessmen, in January-February 2007, 533

SALARY DEBT OWED TO "ARMENIAN AIRWAYS" FORMER EMPLOYEES
IMPOSSIBLE TO PAY IN FULL
  • Economy
  • 2007-04-16 19:00:00

YEREVAN, APRIL 16, NOYAN TAPAN. Debt of the total amount of 169 mln 297.9 thousand drams (about 457 thousand USD) owed to 331 former employees of

INTERNATIONAL SPECIALIZED EXHIBITION "CONSTRUCTION AND
REPAIR. EXPO 2007" OPENS IN YEREVAN
  • Economy
  • 2007-04-14 19:00:00

YEREVAN, APRIL 14, NOYAN TAPAN. Demand for goods produced and services provided by Armenian construction companies is growing on the foreign market day by day. Chairman

"AIESEC" TO IMPLEMEMT PROGRAM ON TRAINING OF YOUNG
SPECIALISTS OF INFORMATION TECHNOLOGIES SECTOR
  • Economy
  • 2007-04-14 18:00:00

YEREVAN, APRIL 14, NOYAN TAPAN. The Armenian office of the Association Internationale des Sciences Economiques et Commerciales (AIESEC) organization jointly with the Enterprise Incubator Foundation (EIF) will

ARMENIAN CCI IMPLEMENTS REGIONAL BUSINESS PROMOTION
PROGRAMS
  • Economy
  • 2007-04-14 18:00:00

YEREVAN, APRIL 14, NOYAN TAPAN. A seminar was held in the city of Eghegnadzor of Vayots Dzor marz on April 13 on the initiative of the

COOPERATION IN INFORMATION TECHNOLOGIES AND PHARMACEUTICAL
SECTORS TO BE MAIN SUBJECT OF DISCUSSION AT ARMENIAN-EGYPTIAN
BUSINESS FORUM
  • Economy
  • 2007-04-13 22:00:00

YEREVAN, APRIL 13, NOYAN TAPAN. A business forum with the participation of 21 businessmen from the Armenian side will be held within the framework of the

APPRECIATION OF US DOLLAR IN ARMENIA IS CONDITIONED BY
UPCOMING ARMENIAN ELECTIONS, INDEPENDENT ECONOMIST CLAIMS
  • Economy
  • 2007-04-13 21:10:00

YEREVAN, APRIL 13, NOYAN TAPAN. The appreciation of the US dollar recently in Armenia is conditioned by the upcoming parliamentary elections. Independent economist Eduard Aghajanov expressed this

UNIBANK PUTS INTO OPERATION FIRST TELLER MACHINE WITH
CASH-IN FUNCTION IN ARMENIA
  • Economy
  • 2007-04-13 20:00:00

YEREVAN, APRIL 13, NOYAN TAPAN. Unibank has become the first bank in Armenia to put into operation a teller machine with cash-in function. (It is installed

ROBERT KOCHARIAN: NECESSITY HAS ARISEN TO ADOPT NEW
APPROACHES IN INOFORMATION TECHNOLOGIES SECTOR DEVELOPMENT
CONCEPT
  • Economy
  • 2007-04-12 20:52:00

YEREVAN, APRIL 12, NOYAN TAPAN. During the April 12 meeting of the Armenian president Robert Kocharian and the heads of over ten companies of the Armenian

ARMENIAN GOVERNMENT APPROVES 2006 ANNUAL REPORT ON STATE
PROPERTY PRIVATIZATION
  • Economy
  • 2007-04-12 20:40:00

YEREVAN, APRIL 12, NOYAN TAPAN. At the April 12 sitting, the Armenian government approved the bill on approval of the 2006 annual report on implementation of

USDA PROVIDES NEW COMPUTERS TO REGIONAL VETERINARY CENTERS
OF ARMENIA
  • Economy
  • 2007-04-12 19:00:00

ARMAVIR, APRIL 12, NOYAN TAPAN. A new computer, printer and "Augius" software were given to the veterinary inspection and the laboratory of Armavir by the National

FIRST GOODS TRANSPORTED THROUGH "PORT KAVKAZ - POTI" FERRY
LINK TO BE IMPORTED INTO ARMENIA WITHIN NEXT 10-15 DAYS
  • Economy
  • 2007-04-12 19:00:00

YEREVAN, APRIL 12, NOYAN TAPAN. The first goods transported through the Port Kavkaz - Poti ferry link will be imported into Armenia within the next 10-15

RESULTS OF STUDY ON TRAVEL INTEREST OF AMERICAN ARMENIANS
SUMMARIZED
  • Economy
  • 2007-04-11 21:10:00

YEREVAN, APRIL 11, NOYAN TAPAN. A one-month study on travel interests of American Armenians was conducted in 5 US states in January 2007 on the initiative

"FLASH" AND "CITY PETROL SERVICE" GASOLINE SELLING
COMPANIES USE UNGROUNDED PRICES
  • Economy
  • 2007-04-11 20:40:00

YEREVAN, APRIL 11, NOYAN TAPAN. According to studies of the RA State Commission on Protection of Economic Competition, ungrounded prices were used in the gasoline sale

THREE BIG PRODUCERS FINED FOR RAISING EGG PRICES THROUGH
ANTICOMPETITIVE AGREEMENT
  • Economy
  • 2007-04-11 20:00:00

YEREVAN, APRIL 11, NOYAN TAPAN. At the April 11 sitting, the RA State Commission on Protection of Economic Competition made a decision about fining the three

250 MILLION DRAMS ALLOCATED TO TOURISM SECTOR FROM 2007
STATE BUDGET OF ARMENIA
  • Economy
  • 2007-04-11 20:00:00

YEREVAN, APRIL 11, NOYAN TAPAN. 250 mln drams (about 687 thousand USD) has been allocated to the tourism sector from the 2007 RA state budget. 180

ACCORDING TO FORECASTS, ABOUT 450 THOUSAND TOURISTS TO
VISIT ARMENIA IN 2007
  • Economy
  • 2007-04-11 20:00:00

YEREVAN, APRIL 11, NOYAN TAPAN. According to forecasts, in 2007 the number of tourists to Armenia will amount to 450 thousand. The RA Deputy Acting Minister

ARMENIA MEETS ALL REQUIREMENTS OF IMF DATA DISSEMINATION
SPECIAL STANDARD
  • Economy
  • 2007-04-11 20:00:00

YEREVAN, APRIL 11, NOYAN TAPAN. Statistics is a science which is always subject to methodological changes, and there is a constant need to improve the methodologies

4th CONFERENCE ON PROBLEMS OF ARMENIAN TOURISM'S
COMPETITIVENESS TO BE HELD IN YEREVAN ON APRIL 11-12
  • Economy
  • 2007-04-10 22:30:00

YEREVAN, APRIL 10, NOYAN TAPAN. The 4th conference on problems of Armenian tourism's competitiveness will be held in Yerevan on April 11-12. It is organized on

MICROSOFT TO COOPERATE WITH ARMENIAN UNIVERSITIES
  • Economy
  • 2007-04-10 22:20:00

YEREVAN, APRIL 10, NOYAN TAPAN. Microsoft company is conducting negotiations with several Armenian higher educational institutions on the issue of granting Microsoft certificates to graduates of the

MICROSOFT TO IMPLEMENT SERIOUS PROGRAMS IN ARMENIA
  • Economy
  • 2007-04-10 21:40:00

YEREVAN, APRIL 10, NOYAN TAPAN. Microsoft company wishes that in 2010, 15-20 thouasand people would be engaged in Armenia's IT sector and they would bring annual

PORT KAVKAZ - POTI FERRY LINK TO BE PUT INTO OPERATION ON
APRIL 10
  • Economy
  • 2007-04-10 19:00:00

YEREVAN, APRIL 10, NOYAN TAPAN. The Port Kavkaz - Poti ferry link will be put into operation on April 10. The Armenian delegation went to Georgia

AMOUNT OF INVESTMENTS IN ELECTRIC NETWORKS OF ARMENIA MADE
BY ONLY 22.5%
  • Economy
  • 2007-04-10 19:00:00

YEREVAN, APRIL 10, NOYAN TAPAN. The interdepartmental commission examining the qualitative indices of electricity supplied to consumers will soon submit its final conclusion and proposals regarding the

IT IS ENVISAGED TO REPAIR 110 KW-TENSION ELECTRIC NETWORK
OF KAJARAN
  • Economy
  • 2007-04-10 19:00:00

YEREVAN, APRIL 10, NOYAN TAPAN. Electric Networks of Armenia company intends to repair the 110 kw-tension electric network of Kajaran, on which 3 billion drams (about

INVESTMENTS OF ELECTRIC NETWORKS OF ARMENIA COMPANY TO MAKE
ABOUT 73 MILLION DOLLARS IN NEXT THREE YEARS
  • Economy
  • 2007-04-10 19:00:00

YEREVAN, APRIL 10, NOYAN TAPAN. At the April 10 sitting, the RA Public Services Regulatory Commission approved the 2007-2009 investment program of Electric Networks of Armenia company.

STRATING FROM MAY, ARMENIA TO ENTER FINAL STAGE OF PROCESS
FOR RECEIVING STATUS OF MARKET ECONOMY
  • Economy
  • 2007-04-06 22:00:00

YEREVAN, APRIL 6, NOYAN TAPAN. It is expected that a group of experts of the European commission will arrive in Yerevan on May 8 to conduct

DYNAMICS OF FOREIGN INVESTMENT GROWTH IN ARMENIAN ECONOMY
TO BE MAINTAINED
  • Economy
  • 2007-04-06 21:00:00

YEREVAN, APRIL 6, NOYAN TAPAN. The dynamics of foreign investments' growth in the Armenian economy will be maintained and in 2007 it will also represent a

49.7 MILLION DRAMS ALLOCATED FROM 2007 STATE BUDGET FOR
MAJOR REPAIRS OF HOSPITAL AND BOILER-HOUSE OF TASHIR CITY
  • Economy
  • 2007-04-06 20:00:00

YEREVAN, APRIL 6, NOYAN TAPAN. 49 mln 72 thousand drams (about 136 thousand USD) has been allocated from the 2007 RA state budget for major repairs

ALAVERDI HAS ALL PRECONDITIONS FOR ECOMING TOURISM CENTER
  • Economy
  • 2007-04-06 20:00:00

YEREVAN, APRIL 6, NOYAN TAPAN. 11 mln 175 thousand drams (about 30 thousand USD) was allocated from the 2006 RA state budget for drafting the master

HENCEFORTH ARMENIAN AIRLINES HAVE TO INSURE THEIR
PASSENGERS
  • Economy
  • 2007-04-06 20:00:00

YEREVAN, APRIL 6, NOYAN TAPAN. Staring from April 7, the amendments to the RA Law on Aviation will take effect, according to which the airlines operating

EXPORTS FROM ARMENIA GROW BY 18.9%, IMPORTS - BY 13.6% IN
JANUARY-FEBRUARY 2007 ON SAME MONTHS OF LAST YEAR
  • Economy
  • 2007-04-06 16:00:00

YEREVAN, APRIL 6, NOYAN TAPAN. In January-February 2007, Armenia's foreign trade made 198 bln 964.8 mln drams or 552.6 mln USD, including exports of goods amounting

ARMENIA'S NET FOREIGN DEBT MAKES 662.45 MILLION DOLLARS,
FOREIGN DEBT/GDP RATIO - ABOUT 10.3% IN LATE 2006
  • Economy
  • 2007-04-05 22:30:00

YEREVAN, APRIL 5, NOYAN TAPAN. At the end of December, 2006, the gross foreign debt of Armenia made 2 bln 52.67 mln USD, exceeding by 192.49

BALANCE OF POPULATION'S DEPOSITS ATTRACTED BY ARMENIAN
BANKS GROWS BY 24.2% IN ONE YEAR
  • Economy
  • 2007-04-05 22:00:00

YEREVAN, APRIL 5, NOYAN TAPAN. According to preliminary data of the Central Bank of Armenia (CBA), as of February 28, 2007, the monetary base made 258

RUSSIA IN FIRST PLACE BY AMOUNT OF INVESTMENTS MADE IN
ARMENIA IN 2006
  • Economy
  • 2007-04-05 21:40:00

YEREVAN, APRIL 5, NOYAN TAPAN. In 2006, the foreign investment inflow into the Armenian economy (including those through the state governance system and the banking system)

MANVEL BADEYAN: THERE WILL BE TIME WHEN BUSINESSMEN WILL
REALIZE THEY SHOULD NOT GO TO NATIONAL ASSEMBLY
  • Economy
  • 2007-04-05 20:40:00

YEREVAN, APRIL 5, NOYAN TAPAN. There will be time when businessmen will realize that they should not go to the National Assembly - economists and lawyers

REAL INCOMES OF ARMENIAN POPULATION INCREASE BY 12.7% IN
JANUARY-FEBRUARY 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-04-05 20:00:00

YEREVAN, APRIL 5, NOYAN TAPAN. In January-February 2007, monetary incomes of the Armenian population made 229 bln 35 mln drams (about 636.5 mln USD), while monetary

NEW HEAD OFFICE OF HSBCBANK ARMENIA OPENS IN YEREVAN
  • Economy
  • 2007-04-05 20:00:00

YEREVAN, APRIL 5, NOYAN TAPAN. The new head office of HSBC Bank Armenia opened at 66 Terian Street, Yerevan. A new branch of the bank is

CONSTRUCTION IN ARMENIA IN JANUARY-FEBRUARY 2007 GROWS BY
12.4% ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-04-05 17:00:00

YEREVAN, APRIL 5, NOYAN TAPAN. In January-February 2007, construction work of 14 bln 436.5 mln drams (about 41 mln USD) was done in Armenia, including construction

CBA CHAIRMAN ATTACHES IMPORTANCE TO QUALITY RATHER THAN
QUANTITY OF CREDITS
  • Economy
  • 2007-04-04 22:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. Chairman of the Central Bank of Armenia (CBA) Tigran Sargsian is not worried by the fact that acoording to a report

MOBILE PHONE COMMUNICATION OPERATORS OF ARMENIA REQUIRED TO
SUBSTANTIATE MUTUAL ACCUSATIONS OF ANTICOMPETITIVE ACTIVITY
  • Economy
  • 2007-04-04 21:30:00

YEREVAN, APRIL 4, NOYAN TAPAN. K-Telecom company (VivaCell) - the second mobile phone communication operator in Armenia, must inform the public and the RA Public Services

INDUSTRIAL PRODUCTION DECLINES BY 1% IN ARMENIA IN
JANUARY-FEBRUARY 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-04-04 20:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. In January-February 2007, industrial production of 93 bln 635.1 mln drams (about 260.2 mln USD) was manufactured in Armenia. Production of

ABOUT ONE BILLION DOLLARS NEEDED FOR CONSTRUCTION OF
IRAN-ARMENIA RAILWAY
  • Economy
  • 2007-04-04 20:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. An investment of about one billion dollars needs to be made for construction of the Iran-Armenia railway. The RA Minister of

CONFERENCE ON ARMENIA'S OPPORTUNITIES IN INFORMATION
TECHNOLOGIES SECTOR HELD IN FRANCE
  • Economy
  • 2007-04-04 20:00:00

ICI-LE-MULINO, APRIL 4, NOYAN TAPAN. An international conference dedicated to Armenia's opportunities in the IT sector took place in the French city of Ici-Le-Mulino on March

CBA REDUCES REFINANCING INTEREST RATE BY 0.25%
  • Economy
  • 2007-04-04 20:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. At the April 3 sitting, the Central Bank of Armenia (CBA) Board made a decision to reduce the CBA refinancing interest

SERGEI LAVROV: ARMENIAN BRANDY IS BETTER THAN FRENCH COGNAC
  • Economy
  • 2007-04-04 20:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. Armenian brandy is better than French cognac. The Russian Foreign Minister Sergei Lavrov, who went to the Yerevan Brandy Company (YBC)

SERGEI LAVROV: DIFFICULTIES ARISING IN RUSSIAN-ARMENIAN
COOPERATION ARE NOT INSURMOUNTABLE
  • Economy
  • 2007-04-04 20:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. "In recent year Russia not only has retained its position of the leading trade partner of Armenia but also has established

FAMOUS COMPANIES PRESENT BIDS FOR CONSTRUCTION OF NEW
TURBINE OF YEREVAN TPP
  • Economy
  • 2007-04-04 20:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. The packages of technical and financial proposals of the companies, which have presented thier bids for construction of the heat-and-gas turbine

STATE BUDGET FULFILLED WITH 20.9 BLN DRAM SURPLUS IN
JANUARY-FEBRUARY 2007
  • Economy
  • 2007-04-04 16:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. In January-February 2007, the RA state budget (without the inflow of resources received under credit programs financed from the foreign sources)

CURRENT BUDGETARY TRANSFERS INCREASE BY 10.3% IN
JANUARY-FEBRUARY 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-04-04 16:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. In January-February 2007, current transfers made 30.7% or 14.2 bln drams (about 39.5 mln USD) of current expenditures of the RA

STATE BUDGETARY EXPENDITURES GROW BY 12.8% IN
JANUARY-FEBRUARY 2007 ON SAME MONTHS OF 2006
  • Economy
  • 2007-04-04 16:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. In January-February 2007, expenditures of 54.3 bln drams (about 151 mln USD) were made at the expense of the RA state

NON-TAX REVENUES OF STATE BUDGET INCREASE 2.7FOLD IN
JANUARY-FEBRUARY 2007 ON SAME PERIOD OF LAST YEAR
  • Economy
  • 2007-04-04 16:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. In January-February 2007, non-tax revenues of the RA state budget made 7.6 bln drams (over 21.1 mln USD), which ensured fulfilment

FIXED PAYMENTS INCREASE BY 19.6%, SIMPLIFIED TAX BY 24.1%
IN JANUARY-FEBRUARY 2007 ON SAME MONTHS OF LAST YEAR
  • Economy
  • 2007-04-04 16:00:00

YEREVAN, APRIL 4, NOYAN TAPAN. In January-February 2007, fixed payments made 2.6 bln drams, exceeding by 19.6% or 423.2 mln drams the respective index of 2006.

PORT KAVKAZ - POTI FERRY LINK TO BE PUT INTO OPERATION ON
APRIL 5
  • Economy
  • 2007-04-03 21:10:00

YEREVAN, APRIL 3, NOYAN TAPAN. Port Kavkaz - Poti ferry link will be put into operation on April 5. NT correspondent was informed about it by

HRANT BAGRATIAN: 55% OF PROPERTY IN ARMENIA BELONGS TO
PEOPLE HAVING POLITICAL POWER
  • Economy
  • 2007-04-03 20:45:00

YEREVAN, APRIL 3, NOYAN TAPAN. The current authorities of Armenia carried out a "merger of property and power", due to which "55% of property belongs to

ANTHONY GODFREY: RA PUBLIC SERVICES REGULATORY COMMISSION
HAS MADE GREAT PROGRESS
  • Economy
  • 2007-04-03 20:40:00

YEREVAN, APRIL 3, NOYAN TAPAN. "The RA Public Services Regulatory Commission has made a great progress, and we anticipate to continue working with it in the

SERGEI LAVROV ASSURES THAT RUSSIA TAKES ALL POSSIBLE STEPS
TO FACILITATE ARMENIA'S TRANSPORT PROBLEMS IN REGION
  • Economy
  • 2007-04-03 20:12:00

YEREVAN, APRIL 3, NOYAN TAPAN. "Taking into account the objective situation formed, reaching an agreement on the Nagorno Karabakh conflict will be of key importance for

ARMENTEL OFFERS NEW SERVICE OF INTERNET ACCESS
  • Economy
  • 2007-04-03 19:59:00

YEREVAN, APRIL 3, NOYAN TAPAN. For Internet connection, henceforth users of fixed-line phone digital stations in Yerevan can connect to ArmenTel's modem by dialling 8888.

PROFIT TAX GROWS BY 28.2%, INCOME TAX - BY 4.3% IN
JANUARY-FEBRUARY 2007 ON SAME MONTHS OF LAST YEAR
  • Economy
  • 2007-04-03 19:20:00

YEREVAN, APRIL 3, NOYAN TAPAN. In January-February 2007, 13.8% of tax revenues of the RA state budget was ensured at the expense of profit tax, which

RA STATE BUDGETARY TAX REVENUES GROW BY 28.2% IN
JANUARY-FEBRUARY 2007 ON SAME MONTHS OF LAST YEAR
  • Economy
  • 2007-04-03 19:10:00

YEREVAN, APRIL 3, NOYAN TAPAN. In January-February 2007, tax revenues of the RA state budget made over 60.6 bln drams (about 168.4 mln USDF), which ensured

GAGIK MINASIAN RE-ELECTED CHAIRMAN OF CIS
INTERPARLIAMENTARY ASSEMBLY'S PERMANENT COMMISSION OF ECONOMY
AND FINANCE
  • Economy
  • 2007-04-03 18:40:00

DUSHANBE, APRIL 3, NOYAN TAPAN. The sitting of the CIS Interparliamentary Assembly's Permanent Commission of Economy and Finance took place in Dushanbe on April 3, during

STATE BUDGETARY REVENUES GROW BY 36.4% IN JANUARY-FEBRUARY
2007 ON SAME MONTHS OF LAST YEAR
  • Economy
  • 2007-04-02 20:00:00

YEREVAN, APRIL 2, NOYAN TAPAN. In January-February 2007, revenues of the RA state budget made more than 75.2 billion drams (about 209 million USD), while expenditures

CBA CREDIT REGISTER'S REVENUES COVER EXPENSES ON ITS
FOUNDATION
  • Economy
  • 2007-04-02 19:40:00

YEREVAN, APRIL 2, NOYAN TAPAN. In 2003 - the first year of work of the Credit Register of the Central Bank of Armenia (CBA), it received

OVER 10.1 MILLION DOLLARS ALLOCATED THIS YEAR FROM STATE
BUDGET FOR REPAIRS OF YEREVAN SCHOOLS
  • Economy
  • 2007-04-02 17:40:00

YEREVAN, APRIL 2, NOYAN TAPAN. 48 comprehensive schools under the jurisdiction of Yerevan Mayor's Office will be repaired in 2007 with state budgetary resources. Head of

ARMINCO FINED IN AMOUNT OF 2 MILLION DRAMS, BEING ACCUSED
OF PROVIDING IP SERVICES
  • Economy
  • 2007-03-31 14:00:00

YEREVAN, MARCH 31, NOYAN TAPAN. Arminco company - an Internet service provider in Armenia, has been fined by the RA Public Services Regulatory Commission in the

CHAIRMAN OF RA CCI: PRODUCTION OF ARMENIAN COMPANIES OF
CONSTRUCTION SECTOR IS ALREADY COMPETITIVE IN FOREIGN MARKET
  • Economy
  • 2007-03-30 20:37:00

YEREVAN, MARCH 30, NOYAN TAPAN. Today there are many local companies of the construction sector, whose production and services are already competitive in the foreign market.

FOOD COMMODITY PRICES DECLINE BY 1.4% IN ARMENIA IN MARCH
2007
  • Economy
  • 2007-03-30 19:30:00

YEREVAN, MARCH 30, NOYAN TAPAN. The 5.2% price growth registerted in Armenia's food commodity market in January-February 2007 was followed by a 1.4% price fall in March.

ARMENIAN DRAM APPRECIATES BY 20.5% AGAINST US DOLLAR IN ONE
YEAR
  • Economy
  • 2007-03-30 19:00:00

YEREVAN, MARCH 30, NOYAN TAPAN. A 1.7% decline in the settlement exchange rate of the Armenian dram against the US dollar was registerted in Armenia in

GASOLINE PRICE DECLINES BY 5.2%, DIESEL FUEL PRICE BY 4.1%
IN ARMENIA IN MARCH 2007 ON DECEMBER 2006
  • Economy
  • 2007-03-30 18:40:00

YEREVAN, MARCH 30, NOYAN TAPAN. The price of gasoline declined by 5.2%, that of diesel fuel - by 4.1% in Armenia in March 2007 on December

NON-FOOD COMMODITY PRICES INCREASE BY 0.1% IN MARCH IN
ARMENIA
  • Economy
  • 2007-03-30 18:30:00

YEREVAN, MARCH 30, NOYAN TAPAN. The 0.1% price growth registered in the Armenian non-food commodity market in March on February 2007 was mainly conditioned by a

CONSUMER PRICES GROW BY 2% IN ARMENIA IN MARCH 2007 ON
DECEMBER 2006
  • Economy
  • 2007-03-30 18:20:00

YEREVAN, MARCH 30, NOYAN TAPAN. In March 2007, the consumer price index made 102% in Armenia on December 2006, including the index of food commodity prices

6th NATIONAL EXHIBITION "OUR HOME 2007" TO BE HELD IN
YEREVAN FROM MARCH 30 TO APRIL 1
  • Economy
  • 2007-03-29 21:40:00

YEREVAN, MARCH 29, NOYAN TAPAN. On the initiative of the "Expomedia" center, the 6th national exhibition "Our Home 2007" will be held in the RA government's

FOURTH SPECIALIZED INTERNATIONAL EXHIBITION "CONSTRUCTION
AND REPAIRS. EXPO 2007" TO BE HELD IN YEREVAN ON APRIL 13-16
  • Economy
  • 2007-03-29 21:20:00

YEREVAN, MARCH 29, NOYAN TAPAN. On the initiative of the company Logos Expo Center, the fourth specialized international exhibition "Construction and Repairs. Expo 2007" will be

ARMAVIA STARTS OPERATING YEREVAN-COLOGNE-YEREVAN FLIGHTS
FROM MARCH 29
  • Economy
  • 2007-03-29 21:00:00

YEREVAN, MARCH 29, NOYAN TAPAN. On March 29, Armavia airline started operating new flights Yerevan-Cologne-Yerevan. NT correspondent was informed by the airline that over 50 passengers were

6th NATIONAL EXHIBITION "OUR HOME 2007" TO BE HELD IN YEREVAN
FROM MARCH 30 TO APRIL 1
  • Economy
  • 2007-03-28 18:40:00

YEREVAN, MARCH 28, NOYAN TAPAN. On the initiative of "Expomedia" center, the 6th national exhibition "Our Home 2007" will be held at the RA Government sitting hall from March 30

FOR THE TIME PRESENT VYMPELKOM INTENDS TO ACQUIRE NEITHER
VAVACEll'S SHARES NOR ARMENIAN GOVERNMENT'S STAKE OF ARMENTEL
  • Economy
  • 2007-03-27 20:40:00

YEREVAN, MARCH 27, NOYAN TAPAN. The information that Vympelkom company (Russia) - the owner of ArmenTel is conducting negotiations with VicaCell company, the second mobile phone communication

ACCORDING TO CAPS STUDY, ARMENIA MAY BE COMPETITIVE IN
SPHERE OF ENGINEERING SERVICES PROVISION
  • Economy
  • 2007-03-27 13:00:00

YEREVAN, MARCH 27, NOYAN TAPAN. Scientists working in Armenia's industrial engineering sector have enough experience to be used in the domestic industry. Chairman of the Union

YURI LUZHKOV CONVINCED THAT "YEREVAN" TRADE CENTER IN
MOSCOW TO PROMOTE ARMENIAN-RUSSIAN STRATEGICAL PARTNERSHIP
  • Economy
  • 2007-03-24 16:00:00

YEREVAN, MARCH 24, NOYAN TAPAN. The opening ceremony of "Yerevan" trade center will be held in Moscow on March 24 with the participation of the mayors

"MOSCOW HOUSE" OPENS IN YEREVAN
  • Economy
  • 2007-03-23 22:10:00

YEREVAN, MARCH 23, NOYAN TAPAN. The opening ceremony of "Moscow House" in Yerevan took place with the participation of mayors of Yerevan and Moscow on March

"ARMENIAN INTERFACE PACKAGE" OF WINDOWS XP READY
  • Economy
  • 2007-03-23 21:00:00

YEREVAN, MARCH 23, NOYAN TAPAN. "The Armenian Interface Package" (AIP) functioning in the Windows XP operational system and developed under the Local Language Program of Microsoft company

ARMRUSGAZPROM MUST SIGN AGREEMENT WITH ARMFOREST
  • Economy
  • 2007-03-23 20:00:00

YEREVAN, MARCH 23, NOYAN TAPAN. The Kajaran-Sisian-Angeghakot-Jermuk-Ararat gas pipeline will be put into operation in 2008. The RA Ministry of Nature Protection made a positive conclusion on

ARSHAK SADOYAN: SALE OF ARMENIAN GOVERNMENT'S 10% STAKE OF
ARMENTEL IS NATIONAL BETRAYAL
  • Economy
  • 2007-03-23 20:00:00

YEREVAN, MARCH 23, NOYAN TAPAN. "The sale of the government's 10% stake of ArmenTel is a national betrayal". RA National Assembly deputy Arshak Sadoyan made this

VARDAN KHACHATRIAN AND JUAN MIRANDA DISCUSS DETAILS OF
CREDIT PROGRAM OF ASIAN DEVELOPMEMT BANK
  • Economy
  • 2007-03-22 21:40:00

YEREVAN, MARCH 22, NOYAN TAPAN. The RA Minister of Finance and Economy Vardan Khachatrian on March 22 met with Juan Miranda, Director General of the Central

GLOBAL GOLD MINING CONSIDERS AS POSSIBLE RETURN OF ITS
LICENSE DURING EXAMINATION OF INTERNATIONAL COURT
  • Economy
  • 2007-03-22 21:20:00

YEREVAN, MARCH 22, NOYAN TAPAN. Global Gold Mining company (US) initiated a arbritration lawsuit against the Armenian government at the International Centre for Settlement of Investment Disputes

INTERNET CONNECTION INTERRUPTED FOR SEVERAL HOURS IN
YEREVAN
  • Economy
  • 2007-03-22 20:40:00

YEREVAN, MARCH 22, NOYAN TAPAN. Internet connection was interrupted for several hours in Armenia on March 22. As NT was informed at Arminco company, an Internet

ARMENIAN GOVERNMENT SELLS ITS 10% STAKE OF ARMENTEL
  • Economy
  • 2007-03-22 20:00:00

YEREVAN, MARCH 22, NOYAN TAPAN. At the March 22 sitting, the Armenian government made a decision to privatize ArmenTel CJCC's 1,883,771 shares repsresenting the 10% state

PROGRAM ON DIAGNOSIS OF AGRICULTURAL ANIMAL DISEASES AND
ANTI-EPIDEMIC MEASURES TO BE IMPLEMENTED IN ARMENIA THIS YEAR
  • Economy
  • 2007-03-22 20:00:00

YEREVAN, MARCH 22, NOYAN TAPAN. This year the RA Ministry of Agriculture will implement the program on diagnosis of diseases of agricultural animals and anti-epidemic measures

ARMENIAN GOVERNMENT ALLOCATES SUM EQUIVALENT TO ABOUT 702
THOUSAND DOLLARS FROM ITS RSERVE FUND TO CENTRAL ELECTORAL
COMMISSION
  • Economy
  • 2007-03-22 20:00:00

YEREVAN, MARCH 22, NOYAN TAPAN. The Armenian government allocated 322 mln 604.9 thousand drams (800 thousand USD) from its 2007 reserve fund to the Armavir regional

FAIRS IN ARMENIA ARE TAXED, TAX BODY REPRESENTATIVE ASSURES
  • Economy
  • 2007-03-22 20:00:00

YEREVAN, MARCH 22, NOYAN TAPAN. The fairs functioning in Armenia are taxed, last year they paid fixed payments of 2 bln drams (about 5.5 mln USD).

ORGANIZATIONS CONDUCTING PRIZE GAMES BY TOTALIZATORS
WITHOUT REGISTERING THEIR COMPUTERS TO BE FINED 1 MILLION DRAMS
  • Economy
  • 2007-03-22 20:00:00

YEREVAN, MARCH 22, NOYAN TAPAN. By the March 22 of the Armenian government, all organizations conducting prize games by totalizators must register at the tax body

GOVERNMENT APPROVES BILL ON TAX REGISTRATION
  • Economy
  • 2007-03-22 20:00:00

YEREVAN, MARCH 22, NOYAN TAPAN. At the March 22 sitting, the Armenian government approved the bill on tax registration. Deputy Head of the RA State Tax

HSBC BANK ARMENIA'S NEW OFFICE TO FUNCTION AT NEW ADDRESS
  • Economy
  • 2007-03-22 20:00:00

YEREVAN, MARCH 22, NOYAN TAPAN. The amended regulations of HSBC Bank Armenia CJSC were registered, according to which the new juridical address of the bank is

ARMENIA TO PARTICIPATE IN INTERNATIONAL TOURISM EXHIBITION
"CLOBE 2007" IN ROME
  • Economy
  • 2007-03-21 21:20:00

YEREVAN, MARCH 21, NOYAN TAPAN. The international exhibition "Globe 2007" will be held in Rome on March 22-25. 6 Armenian tour operators will participate in this

"CHILDHOOD WORLD. EXPO 2007" INTERNATIONAL EXHIBITION HELD
FOR FIRST TIME IN YEREVAN
  • Economy
  • 2007-03-21 20:40:00

YEREVAN, MARCH 21, NOYAN TAPAN. On the initiative of Logos Expo Center company, the international exhibition "Childhood World. Expo 2007" was held on March 19-21 in

ARMENIAN PRIME MINISTER ATTACHES IMPORTANCE TO EXTENSION OF
ARMENIAN-ROMANIAN ECONOMIC COOPERATION
  • Economy
  • 2007-03-21 20:00:00

YEREVAN, MARCH 21, NOYAN TAPAN. Expressing satisfaction over the development of the Armenian-Romanian political relations, during the March 21 meeting with the newly appointed Romanian Ambassador to

"JERMUK" INTENDS TO APPEAL TO COURT TO RESTORE ITS PRESTIGE
  • Economy
  • 2007-03-21 20:00:00

YEREVAN, MARCH 21, NOYAN TAPAN. The statement of the US National Drug Administration has caused panic among buyers, as a result of which sales of "Jermik"

"MOSCOW HOUSE" TO OPEN IN YEREVAN ON MARCH 23
  • Economy
  • 2007-03-21 18:30:00

YEREVAN, MARCH 21, NOYAN TAPAN. The delegation headed by Mayor of Moscow Yuri Luzhkov will arrive in Yerevan on March 23. NT correspondent was informed at

OPENING CEREMONY OF "YEREVAN" TRADE CENTER TO TAKE PLACE IN
MOSCOW ON MARCH 24
  • Economy
  • 2007-03-21 18:30:00

YEREVAN, MARCH 21, NOYAN TAPAN. A delegation headed by Mayor of Yerevan Yervand Zakarian will leave for Moscow on March 24. NT correspondent was informed at

NKR PRESIDENT SIGNS A NUMBER OF LAWS
  • Economy
  • 2007-03-21 13:00:00

STEPANAKERT, MARCH 21, NOYAN TAPAN. The President of the Nagorno-Karabakh Republic Arkady Ghukasian on March 20 signed the NKR Law on Suspension of Activity of Cash

OLEXANDR BOZHKO: ARMENIAN-UKRAINIAN RELATIONS DEVELOP
DYNAMICALLY
  • Economy
  • 2007-03-21 13:00:00

YEREVAN, MARCH 21, NOYAN TAPAN. The Armenian-Ukrainian relations are developing dynamically. The trade turnover between the two countries amounted to 160 million dollars in 2006, which is

GDP GROWS BY 9.4% IN ARMENIA IN JANUARY-FEBRUARY 2007 ON
SAME MONTHS OF LAST YEAR
  • Economy
  • 2007-03-21 13:00:00

YEREVAN, MARCH 21, NOYAN TAPAN. In January-February 2007, Armenia's GDP grew by 9.4% on the same months of last year and made 186 bln 799.3 mln

OBLIGATIONS OF CONSTRUCTION ORGANIZATIONS STIPULATED BY LAW
  • Economy
  • 2007-03-20 22:00:00

YEREVAN, MARCH 20, NOYAN TAPAN. The RA National Assembly on March 20 passed in second reading and completely the government's bill on making an addition to

RA NATIONAL ASSEMBLY RATIFIES 4 CREDIT AGREEMENTS
  • Economy
  • 2007-03-20 21:40:00

YEREVAN, MARCH 20, NOYAN TAPAN. The RA National Assembly on March 20 ratified the agreements on financing of 4 programs. The agreements were signed between the

ANUSHAVAN DANIELIAN: COMING YEARS WILL BE FAVORABLE FOR
ECONOMIC DEVELOPMEMT OF NKR
  • Economy
  • 2007-03-20 21:00:00

STEPANAKERT, MARCH 20, NOYAN TAPAN. The socioeconomic achievements of the Nagorno-Karabakh Republic in recent years are conditioned by domestic political stability and radical structural reforms. Responding to

ARMENIAN PRESIDENT SIGNS LAW ON TAX PRIVILEGES FOR
MEGHRI-KAJARAN GAS PIPELINE CONSTRUCTION WORK
  • Economy
  • 2007-03-20 20:40:00

YEREVAN, MARCH 20, NOYAN TAPAN. The Armenian President Robert Kocharian on March 15 signed the laws on tax privileges in aviation and construction work of the

FREE COMPETITION IN ARMENIAN ECONOMY HINDERED BY OLIGARCHS
AS WELL, WB EXPERT BELIEVES
CORRECTED VERSION
  • Economy
  • 2007-03-20 20:00:00

YEREVAN, MARCH 20, NOYAN TAPAN. "The countries that have registered a two-digit economic growth 10 years on end and achieved a sharp poverty reduction are called

PROGRAM ON FOUNDATION OF GORIS BUSINESS INCUBATOR TO COST 4
MILLION EUROS
  • Economy
  • 2007-03-20 20:00:00

YEREVAN, MARCH 20, NOYAN TAPAN. "Armenia's Small and Medium Entrepreneurship Development National Center (SME DNC) and the OSCE Yerevan Office are taking steps to raise 4

SME DNC AND OSCE YEREVAN OFFICE SIGN MEMORANDUM ON
COOPERATION
  • Economy
  • 2007-03-20 20:00:00

YEREVAN, MARCH 20, NOYAN TAPAN. "Armenia's Small and Medium Entrepreneurship Development National Center" (SME DNC) Fund and the OSCE Yerevan Office will implement a joint program