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10/02/2010
Construction of new subway station in Yerevan to begin in 2011 Paylak Yailoyan, director of Yerevan subway, said last Friday construction of a new station to stretch to Achapnyak quarter of the city will kick off in 2011. He said the construction will be backed by a loan from the Asian Development Bank and a government allocation. He said talks with the bank >>>
22/01/2010
New head of HSBC Bank Armenia intends to continue cooperation with country’s all organizations On Thursday, Astrid Clifford, who will succeed Tim Slater, chief executive officer of HSBC, on February 1, expressed hope for continuation of cooperation with all the organizations of Armenia. At the reception held by HSBC Bank Armenia, she thanked the bank for a warm welcome and said the first meetings >>>
21/01/2010
Astrid Clinford to be appointed new HSBC Director Astrid Clinford will hold the position of Chief Executive Director of HSBC Bank Armenia starting February 1, 2010. He will replace incumbent Director Tim Slater. The appointment of a new director should be confirmed by Central Bank of Armenia (CBA), HSBC Bank >>>
21/01/2010
Armenian government approves business environment improvement program Armenian government approved a business environment improvement program on Thursday. Armenian Economy Minister Nerses Yeritsyan, speaking at Thursday’s cabinet meeting, said the program has already been discussed in various concerned agencies. “There are some problems with Yerevan municipality >>>
18/01/2010
Araratbank’s credit portfolio grows by 33% in 2009 to 16.175 billon drams The credit portfolio of Araratbank grew by 33% in 2009 to 16.175 billon Drams, its executive director, chairman of board, Ashot Osipyan, said at a news conference today. He said the growth was secured by external sources of financing, including the European Bank for Reconstruction and Development >>>
15/01/2010
Beeline expanded 3G communication in Armenia’s large cities ArmenTel CJSC (Beeline trademark), subsidiary of Russian VimpelCom in Armenia expended its 3G communication via Armenia’s large cities, company’s press service informed NEWS.am. 3G network is provided in Gyumri, Vanadzor, Etchmiadzin and Abovyan cities. Besides, dozens of points of sales opened in >>>
24/09/2009
RUSSIAN INVESTMENTS TO BE DOUBLED IN FUTURE Armenian-Russian relations coming from centuries have virgin potential, Armenian President Serzh Sargsyan told Russian Sergey Briliov from “Vesti Nedeli”. “Russia is Armenia’s military allied and trusting partner. The deeper our relations, better for us. We think those relations are important for >>>
24/09/2009
RA-EU COOPERATION SESSION LAUNCHED IN YEREVAN Republic of Armenia – European Union cooperation tenth session has been conducted in Yerevan today. The session has been chaired by Armenian Minister of Economy Nerses Yeritsyan, European Commission Foreign Affairs general office of Eastern Europe department director Gunar Vigand, Trade General House >>>
16/09/2009
EU To Fund ‘Institutional Reform’ In Armenia The European Union will provide Armenia with 33 million euros ($48 million) in technical assistance aimed at helping it qualify for association and free trade agreements with the bloc, EU officials said on Tuesday. The agreements, which Yerevan hopes to seal in the next few years, stem from the >>>
21/08/2009
"STATE EMPLOYMENT SERVICE" AGENCY FINDS JOBS FOR 5049 JOB SEEKERS As of August 1 of the running year the unemployment rate in Armenia increased by 0.7 per cent as compared with the beginning of the year making it 7%. Head of the "State Employment Service" agency of the Armenian Labor and Social Affairs Ministry Sona Harutyunyan told today the reporters that as of August >>>
21/08/2009
GOVERNMENT TO ENSURE FINANCIAL STABILITY IN ENERGY SPHERE Armenian Prime Minister Tigran Sargsyan suggested today at the session of the government that a protocol statement be adopted to ensure financial stability in the energy sphere "not letting increase of electricity tariffs for consumers". "It is necessary to close the financial gap on the account >>>
12/08/2009
TIGRAN SARGSYAN RECEIVES NEWLY APPOINTED HEAD OF INTER-STATE BANK Prime Minister Tigran Sargsyan received today newly appointed head of the Inter-State Bank Igor Suvorov. Governmental press service told Armenpress that I. Suvorov presented to the prime minister the activity and strategy of the bank as well as programs carried out in Armenia. The sides referred >>>
01/08/2009
SURVEYS TO BE CONDUCTED IN ARMENIA TO FIND OUT THE IMPACT OF ECONOMIC CRISIS ON THE HOUSE ECONOMIES With the support of the UN Armenian office the RA Government will conduct surveys to find out the consequences of the impact of the world financial-economic crisis on 4,248 families selected on different standards. In connection with it today a document has been signed in the RA Labor and Social >>>
23/07/2009
ASPHALTING AND RENOVATION WORKS OF 1 MILLION 200,000 SQUARE METERS IMPLEMENTED IN YEREVAN DURING THE FIRST SEMESTER OF THIS YEAR Asphalting and renovation works of 1 million 200 000 square meters have been implemented in Yerevan during the first semester of this year. Head of the construction and renovation department of the municipality administration Frunz Basentsian told Armenpress that on the 1 million square meters >>>
21/07/2009
NATIONAL CENTER OF DEVELOPMENT OF SMALL AND MEDIUM-SIZED ENTERPRISES CONTINUES ITS PROJECTS ON SUPPORTING SME The National Center for Development of Small and Medium-sized Enterprises continues its programs on supporting small and medium-sized enterprises (SME) in Armenia. The Director of the center Ishkhan Karapetyan told Armenpress that Armenian government pays a special attention to the development of >>>

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