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.
In Jan-June 2014 Armenian Copper Programme (ACP) cut blister copper production by 13.5% to 5,015 tons. According to the ACP's spokesman Vahram Avagyan, in Jan-June 2014 the company processed 25,767 tons of copper concentrate against 22,916 tons a year before.
More than thirty employees of Armenian ancestry from the internationally recognized audit firm EY (Ernst & Young) recently visited Armenia in order to enjoy both its natural beauty and rich cultural heritage—in essence, to become familiar with the land of their ancestors. Some, who were visiting Armenia for the first time, had identified with the country although they’d never seen the peaks of Ararat from the top of the Yerevan Cascade. Here the city of Yerevan— the center of the Armenian world—spreads out before you.
The Armenian economy is fully controlled by oligarchs and will die eventually if nothing is changed, Armenian businessman Vahagn Hovnanyan told azatutyun.am.
The indicator of the economic growth in Armenia is extremely low for the first half of 2014 versus the same period of 2013, the former prime minister of Armenia, a member of the parliament from the opposition Armenian National Congress, Hrant Bagratyan, wrote at his "Facebook" page.
On July 24, the Armenian Government took a decision to transfer part of the assets of Nairit Plant and "Nairit-2" State Research Institute CJSC into the ownership of "Vorotan Hydro Cascade" CJSC.
"Mika cement" CJSC will have a new owner soon, Director General of the company, Naira Martirosyan, told ArmInfo correspondent.
The Yerevan-based Haykakan Zhamanak (Armenian Time) newspaper says that the State Revenue Committee has published the list of the companies, whose funds on the tax accounts in early July 2014 are much bigger than in early July 2013.
Air Armenia has leased an Airbus 320. The company's marketing manager Sirak Hambardzumyan told ArmInfo on Friday that the plane arrived at Zvartnots Airport on Thursday evening.
On July 20 Air Armenia will start flying to Moscow three times a day. According to the company's marketing manager Sirak Hambardzumyan, the third flight will be carried out in the afternoon. Until now the company has flown to Moscow only in the evening.
Light industry in Armenia is desolate but not hopeless, Suren Bekirski, Director General of the Tosp knitwear factory, says in an interview to ArmInfo when commenting on the lack of progress in the light industry development in Armenia.
By October 2014 Armenia will consider and approve a new indicative balance for duty-free supplies of Russian petroleum derivatives in 2015, Armenian Deputy Minister of Energy and Natural Resources Iosif Isayan says in an interview to ArmInfo.
The hypermarket Carrefour will open in Armenia in autumn of the current year, ambassador of France to Armenia, Henri Reynaud, said at today's press-conference in Yerevan.
After the successfully held geophysical exploration, Orogen Gold has announced the mobilization of a drill rig to commence its 2014 diamond drilling program at its Mutsk gold project in Armenia. Mining Global reported.
The fate of Nairit Plant will be decided within the next two months, Armenian Minister of Energy and Natural Resources Yervand Zakharyan told ArmInfo when commenting on the July 10 action of protest. Over 100 employees of the Plant gathered near the building of the Armenian Government and demanding that the Plant should pay them the arrears of wages.
ՙՀարավկովկասյան երկաթուղի՚ ՓԲԸ գլխավոր տնօրենի ժամանակավոր պաշտոնակատար Սերգեյ Վալկոն հուլիսի 7-ին կայացած խորհրդակցության ընթացքում ամփոփել է Ընկերության հունիսյան աշխատանքների արդյունքները:
Acting CEO of South Caucasus Railway (SCR) CJSC Sergey Valko summed up the company's activity results for June 2014.
Vice Speaker of the Parliament of Abkhazia, Hero of Abkhazia Vagharshak Kosyan, MP of the Abkhazian Parliament of the second convocation, Hero of Abkhazia Galust Trapizonyan, Chevalier of the Order of Leon Karapet Karagozyan and MP of the Abkhazian Parliament of the fourth convocation, Chevalier of the Order of Leon Valery Mayromyan suggest launching public debates on possible resumption of the railway service via Abkhazia.
Amulsar will be the first mine in Armenia to bring modern, environmentally friendly heap leaching technology to the country with no process discharge to the environment and no tailings dams, the press service of Geoteam CJSC says.