Fancy jewelry company to invest 90 million drams in expansion of output
The Fancy jewelry company will invest 90 million drams in the expansion of production, Armenian minister of economic development and investment Suren Karayan said at a government meeting on Thursday.
The government provided today the company with customs payments benefits in connection with the import of technological equipment and raw materials.
"The company plans to increase production by means of investments to 200 million drams a year and sell 190 million drams worth goods across the Euras...
EEU and Iran to sign free trade agreement in a few months
The Eurasian Economic Union (EEU) and Iran may sign an agreement on trade and economic relations in a few months, a spokeswoman for the Armenian ministry of economic development and investment, said on Tuesday to ARKA.
"Negotiations (between EEU and Iran) on trade and economic cooperation continue; they have not been suspended," Anna Ohanyan said. According to her, the sides have delayed the signing of a relevant agreement because of a very large package of documents, they need to reconcile.
Armenia’s state food safety service to encourage orderly meat products selling s...
Armenia’s State Food Safety Service said it will encourage those meat products selling stores, whose operation will comply with all safety requirements.
It explained that those stores, whose operation meets all veterinary and sanitary-hygienic standards, will be given special stickers, indicating that they have proper lighting and ventilation, that they comply with sanitary and hygienic standards and have also refrigerators and special equipment for cutting meat.
Employees of stores shou...
Unibank offers gold-secured loans at profitable terms
The Yerevan-based Unibank said today it offers gold-secured loans starting from 19% per annum interest rates. According to a bank’s press release, the largest loan amount is 2 million drams repayable within 36 months.
Loans are provided by the following branches in Yerevan- Malatia, Tamanyan, Acharyan, David Bek and Kochar, as well as by regional branches Abovyan, Etchmiadzin, Sevan, Martuni, Artashat, Gyumri, Vanadzor, Artik and Armavir.
To obtain a loan, customers need to have a passpo...
Over 12,200 real estate transactions registered in Armenia in February
Some 12,247 real estate deals were registered in Armenia in February 2017 – 8.1% less than in the same period a year before, but 24.1% more than in January 2017, the State Real Estate Cadastre of Armenia reports.
Yerevan is singled out in the report for the largest number of transactions, which made up 39.7% of the total number, and Vayots Dzor province for the smallest number – 2.2%.
Kotayk province accounted for 10.4% of the total number, Gegharkunik for 7.9%, Armavir for 7.1%, A...
Coca-Cola Hellenic Bottling Company Armenia celebrates the 20th Anniversary
Already for 20 years Coca-Cola Hellenic Bottling Company Armenia – a subsidiary of one of the world’s largest producers of soft drinks - operates in Armenia, serving the whole country with a large portfolio of quality non-alcoholic beverages. During an official event held on this occasion on May 10, Coca-Cola Hellenic Armenia summarized the results of its activity and achievements over the past 20 years.“Coca-Cola Hellenic Armenia is a valuable member of Coca Cola Hellenic Comp...