The tax authorities have imposed a $1.5mln fine on Yerevan Brewery, reports Armenia's Finance Ministry.
The Armenian air company Air Armenia cannot be blamed for the debt to the Russian State Corporation for Organization of the Air Traffic in Russia, as it arose because of technical problems, Director of Air Armenia, Arsen Avetisyan, told Arminfo correspondent.
Following consultation with partner countries, EU member States and the European Parliament, the European Commission has taken decisions providing important EU funding to the partners in the EU Neighbourhood in the coming years.
Armenia may become a platform for the French companies to enter the market of the Eurasian Union, Prime Minister of Armenia Hovik Abrahamyan and French Socialist Party parliamentary leader Bruno Le Roux think so.
In 2014 Yerevan Brandy Company is planning to procure 37,000 tons of grapes (2,000 tons or 6% more than in 2013). The Aygavan branch (Ararat region) started procuring grapes on Sept 5, the Armavir branch (Armavir region) will start procurements on Sept 6, the Berd branch (Tavush region) will do it on Sept 15.
Armenia was down 6 positions (from 79 to 85) in the WEF Global Competitiveness Report 2014-2015.
Idling Vanadzor Chemical Industry CJSC is negotiating with a new investor for reactivation of the plant, Alexander Snegirev, Director General of the Company, told ArmInfo.
Tickets of "Armenia" train running Yerevan-Batumi- Yerevan have become cheaper by 2.2 thousand drams for sleeping cars and by 2.7 thousand drams for compartment coaches due to seasonal discounts, the South Caucasus Railway said in a statement.
A Radisson Hotel may open in Armenia. The possible opening was discussed in Yerevan during a meeting of Hovik Abrahamyan, Armenian Prime Minister, and Arild Hovland, Senior Vice President of The Rezidor Hotel Group.
Armenian exporters of agricultural products can significantly increase exports to Russia, but they need to provide products of competitive quality and price, if they seek to build their business in the Russian market for long. The statement came from the second president of Armenia Robert Kocharyan in an interview with Noyan Tapan.
On September 2-3, Minsk will host the 4th sitting of the Traffic Safety Committee of the Council for Rail Transport. The South Caucasus Railway CJSC will be represented by Vladimir Khachatryan, Deputy Supervisor for Rail Traffic Safety.
The Armenian Government is planning to cut its passenger traffic subsidies to South Caucasus Railway by 40mln AMD.
Armenia and Georgia will build a bridge of friendship between their borderline villages of Bagratashen and Sadakhlo, Georgian Prime Minister Irakly Garibashvili told journalists in Yerevan on Thursday.
Armenia will build a farm to breed ishkhan (Sevan trout). A relevant program was approved by the Armenian Government on Thursday.
Damage caused by the Wednesday landslide on the Georgian Military Highway in Dariali Gorge is more tangible than from the last landslide in May. Georgian Prime Minister Irakli Garibashvili said on 21 August. Two people are reported to be missing in the disaster area. Vehicle traffic on the highway, linking Georgia and Russia, has been banned due to the emergency situation.
The Government of Armenia adopted a decision Wednesday to license Natali Pharm Company to import narcotic and psychotropic substances in Armenia. The license is provided for a period of three years. The company is affiliated with Armenian MP, oligarch Samvel Aleksanyan,
Yerevan Sports and Concerts Facility after K. Demirchyan will be signed off to the Defense Ministry of Armenia for debts in conformity with the Government's decision of 21 August 2014.
Vorotan Cascade of HPPs must remain under management of the government, says Vazgen Safaryan, Head of the Union of Local Producers.
Russia's sanctions against Ukrainian air companies have not yet affected the prices of flights to Armenia, representative of Ukraine International Airlines in Armenia Tigran Achoyan told ArmInfo on Monday.
In past four years the world's longest ropeway in Tatev has carried 250,000 people. The 250,000th passengers, Mary Hovhannisyan was carried on Wednesday. The managers of the ropeway had a surprise for the lucky - she will be able to use the ropeway free of charge during one year.
Vallex Group has invested $320 million in exploration and development of the Teghout copper and molybdenum deposit in Lori region, Armenia, Vice President of Vallex Group Gagik Arzumanyan told reporters, as Armenian Prime Minister Hovik Abrahamyan visited the deposit, Wednesday. Arzumanyan said the total cost of the project is $350 million. The remaining funds will be invested by the end of the year.
Government of Armenia pins hopes with a new owner of the Ahktala mining and enrichment combine, Prime Minister Hovik Abrahamyan told reporters when visiting the company earlier today, on 6 August.
5-6 organizations have an intention to invest in construction of solar power plants in Armenia, Tamara Babayan, Director of the Renewable Resources and Energy Efficiency Fund of Armenia, said at a press conference on Tuesday.
On Aug 1 2014 CEO of the South Caucasus Railway Viktor Rebets summed up the results of his company's work in July 2014.
The Yerevan-Sevan-Ijevan-Azeri border highway, which was closed on July 16, will be opened in late August in case of favorable weather conditions, the Armenian Ministry of Transport and Communication reports.
The Embassy of the United States in Armenia has sent Armenian businessmen messages urging them to refrain from contacts with Russian companies as this implies additional reputational risks, President of the Union of Manufacturers and Businessmen of Armenia Arsen Kazaryan told journalists on Thursday.
On Aug 2, the Day of Railroader, the South Caucasus Railway's commuter trains will be free of charge all over Armenia
One of the goals of the West's sanctions against Russia is to curb the Eurasian Economic Union project, well-known Armenian economist, professor Tatul Manaseryan told ArmInfo on Wednesday.
The West's sanctions against Russia concern the fields of energy, technologies and finances and cannot but affect the Armenian economy, well-known Armenian economist, professor Tatul Manaseryan told ArmInfo on Wednesday.
The Public Services Regulatory Commission of Armenia ruled on Wednesday that the Electric Networks of Armenia (ENA) should pay a fine of 15mln AMD for having broken some of the Commission's rules, particularly, for having failed to meet its contractual obligations to Mikmetal, a company building a multifunction building in the center of Yerevan.
The online booking service Oktogo.ru has determined the most popular resorts in the CIS and post-Soviet area for the summer vacations of Russian tourists.