Swiss Ambassador to Armenia Lukas Gasser: Switzerland will try to contribute to a peaceful settlement of the Nagorno-Karabakh conflict without questioning the established formats such as the OSCE Minsk process
UWC Dilijan is being built on landslides and may crash down at any moment, claims Ruben Yadoyan, Head of Engineer Geologist LLC. He told media Friday that no anti-landslide measures have been taken yet.
Armenian wines of "Maran" company picked up gold medals at the XVII International Professional Wine Testing Contest of Organisation Internationale de la Vigne et du Vin (OIV) - white dry wine "Noravank" and red dry wine "Bagratuni", director of the "Maran" company, chairman of the Union of Armenian Wine Makers, Avag Harutyunmyan, told Arminfo correspondent.
Russian gas tariff will not change for the Armenian consumers, Head of the President's Administration Vigen Sargsyan told reporters. According to Sargsyan, the agreements signed in the course of Vladimir Putin's visit to Armenia on 2 December will allow Armenia not to increase the tariff for consumers for 5 years.
Armenia's accession to the Customs Union may results in growing tariffs for the import of European energy equipment, Head of Development Department of Armenia's Energy and Natural Resources Ministry Hrachik Sokhunyan said at a roundtable discussion on Armenian-Russian cooperation in the framework of the Customs Union.
Russian gas tariff will be reduced for Armenian consumers following the sale of the Armenian Government's 20% share in ArmRusgasprom to Gazprom, Russia, Galust Sahakyan, Head of the Republican Party of Armenia Faction in the Parliament, told reporters, Tuesday.
ArmInfo's correspondent reports that during the Dec 2 session of the Third Russian-Armenian Interregional Forum in Gyumri Putin said that Armenia's intention to join the integration structures of Russia, Belarus and Kazakhstan opens wide possibilities for promotion of the cooperation. He added that Armenian experts, specialists and economists had properly estimated all the advantages and benefits of such joint activities. Putin stressed that the movement towards the Eurasian integration project is "the sovereign choice of Armenian people".
Presidents of Russia and Armenia, Vladimir Putin and Serzh Sargsyan, took part in the solemn ceremony of putting in commission the fifth power generation unit of Razdan Power Plant, 2 December.
The press service of the Armenian President reports that Putin is being accompanied by Foreign Minister Sergey Lavrov, Deputy Prime Minister Igor Shuvalov, Education and Science Minister Dmitry Livanov, Energy Minister Alexander Novak, Finance Minister Anton Siluanov, Regional Development Minister Igor Slyunyayev, Transport Minister Maxim Sokolov, Agriculture Minister Nikolay Fyodorov, Deputy Defense Minister Arkady Bakhin, Deputy Economic Development Minister Alexey Likhachev, Head of the Federal Service for Military-Technical Cooperation Alexander Fomin, Head of Rosatom Sergey Kiriyenko, Head of the Federal Agency for Tourism Alexander Radkov, CEO of Rosneft Igor Sechin, CEO of VTB Bank Andrey Kostin, CEO of Gazprom Alexey Miller, Vice President of Russian Railways Valery Reshetnikov and other officials.
Russia's direct investments in the real sector of economy of Armenia totaled $600 million, Minister of Transport of Russia Maksim Sokolov said at the ongoing Third Inter-regional Conference "Russia. Armenia. Customs Union" in Gyumri on sidelines of Russian President Vladimir Putin's visit to Armenia.
Russian investments in economy of Armenia totaled $600 million, Minister of Transport of Russia Kaksim Sokolov said at the ongoing Third Inter-regional Conference "Russia. Armenia. Customs Union" in Gyumri on sidelines of Russian President Vladimir Putin's visit to Armenia.
The Armenian delegation headed of Economy Minister Vahram Avanesyan left to Lithuania on 27 November to take part in the two-day business-forum of the EU Eastern Partnership programme. Within the framework of his visit, Vahram Avanesyan on Wednesday met with Lithuania's Economy Minister Evaldas Gustas. As press-service of the Economy Ministry reported, Deputy Economy Minister, Garegin Melkonyan and Armenia's Ambassador to Lithuania, Ara Ayvazyan, also took part in the meeting.
The press service of Shen Holding reports that from Nov 20 till Nov 25 the company placed 40,000 non-documentary nominal coupon bonds, each having an amount of $100 and a yield of 11%. The bonds were bought by 26 physical and 6 legal entities. It should be noted that the bonds were placed much earlier than supposed to (Dec 17 2013).
At the moment Cascade Consultants is introducing new HR management methods for the Armenian market, Arpi Karapetyan, Chairperson of the Armenian HR Association, Head of Cascade Consultants, said at the second regional conference on the activities and problems of HR managers when commenting on ArmInfo's question.
HR management in Armenia is intensively developing, Arpi Karapetyan, Chairperson of the Armenian HR Association, Head of Cascade Consultants, said at the second regional conference on the activities and problems of HR managers when commenting on ArmInfo's question.
The 2nd regional conference on the activities and problems of HR managers was held in Aghveran, Armenia, on Nov 22-23. Organized by the Armenian HR Association and Cascade Consultants, the conference was attended by HR specialists from Armenia, Georgia and some other countries.
A new air company, Sky Net, has appeared in Armenia to provide air services inside the country, Head of the Union of Native Producers of Armenia Vazgen Safaryan told journalists on Monday.
"Progress is already perceptible regarding the RA Government statement on transferring to the ‘open sky’ policy," reads the statement which "Armenia" International Airports" CJSC has issued.
Within the frames of the price hike for local production eggs noticed for the last weeks, at present an egg cost 80 drams in Yerevan stores. Not only big but also medium-sized and small eggs grew in price and became 70 and 55-60 drams respectively. Earlier they cost 60-65 drams, 50-55 and 35-45 drams respectively.
No serious research has been held in Armenia on expediency of the country's joining the Customs Union, Doctor of Economics, director of the analytical center "Alternativa", Tatul Manaseryan, said at today's press-conference.
The mandatory pension contributions scheme offered by the Armenian Government is a progressive instrument successfully applied in dozens of countries worldwide, Director of Alternative Analytical Center Tatul Manaseryan told journalists on Friday.
Armenian Energy and Natural Resources Minister Armen Movsisyan on Friday received an Iranian delegation led by Energy Minister Hamid Chitchian. "There is no political problem between Armenia and Iran, and all our efforts are directed at developing and expanding cooperation," - Movsisyan said and added that we have great potential for cooperation, and we will have to do our best to make full use of this potential.
The Electric Networks of Armenia CSJC (ENA) continues building a substation for the Teghut mine project in Lori region. Head of ENA's Capital Construction Department Romanos Mkrtchyan says that the project needs an 80MW substation, which in its turn needs a 110KV power transmission line. The line will be 7 km long, with the cost of the project totaling 500mln AMD or $1.24mln.
MP from the Republican Party of Armenia Vardan Ayvazyan told journalists on Friday that the new law on casinos allows gambling activities only in the resorts of Tsaghkadzor, Jermuk, Sevan and Meghri.
As Ambassador of France to Armenia Henri Reynaud told journalists today, starting May 2014, Air France will conduct six Yerevan-Paris flights per week and seven flights per week in July and August. He also added that France is waiting for tourists from Armenia.
On November 19, ArArAt brandy tasting event was held at Hotel de France, Vienna. The press service of the Armenian Foreign Ministry has told ArmInfo that the event was organized by Armenian Embassy in Austria and Yerevan Brandy Company.
Negotiations are underway for the French retailer Carrefour's coming to the Armenian market, French Ambassador to Armenia Henri Reynaud told reporters, Thursday.
Prime Minister of Armenia Tigran Sargsyan and his Kazakh counterpart Serik Akhmetov met on sidelines of the meeting of the CIS Council of the Heads of Government in Saint Petersburg on 20 November. The sides discussed perspectives of bilateral cooperation of Armenia and Kazakhstan, including opening of a direct flight Yerevan-Astana.
The Central Bank of Armenia has registered a prospectus for the issue of Shen Holding's USD nominal coupon bonds with a total amount of $4 million ($100 per bond) and an 11% yield.
Accession to the Customs Union (CU) implies introduction of a new single currency or linking of the national currencies of the CU countries to the Russian ruble in future, Hrant Bagratyan, oppositionist MP, the former prime minister of Armenia told reports, Tuesday. He is sure that the Central Bank of Armenia will lose its regulatory functions, if this happens.
The business community of Japan has a rather poor idea of Armenia in general and of the Armenian economy potential in particular, Armenian Ambassador to Japan Hrant Poghosyan said in his interview with ArmInfo. He said that the mutual relationship of Armenia and Japan is based on mutual respect, however, it is often associated with the age-old chicken and egg dilemma.
Air Armenia has launched a Yerevan- St.Petersburg direct flight, says "Air Gates of Northern Capital" LLC, which manages the infrastructure of Pulkovo Airport in St.Petersburg.