ArmInfo. From January 1 to March 2, 2025 inclusive, 4,818 electric vehicles were imported to Armenia without the participation of official distributors (about 96.4% of  the annual duty-free quota). This was reported by the State Revenue  Committee of the Republic.

ArmInfo. The Upper Lars checkpoint on the Georgian-Russian border has opened for all types of vehicles. This was stated in a statement by the Rescue Service of the  Ministry of Internal Affairs of Armenia.

ArmInfo. On February 27, IDBank once again held a Customer Appreciation Day, welcoming clients with surprises and a special atmosphere at its "Centre" branch.

ArmInfo. The impact of sanctions against Russia on the Armenian economy and the  possibilities of mitigating their negative consequences were  discussed in Yerevan. This was stated in a statement by the Union of  Industrialists and Entrepreneurs of Armenia.

ArmInfo. Dollar transactions and the same number of ruble transactions were conducted on the Armenian interbank currency market from February 24 to 28, 2025.

ArmInfo.On February 28, 2025, IDBank placed registered coupon bonds under the abbreviation AMANLBB2SER3 through a public offering on the following terms:

ArmInfo.As reported by the press service of the Embassy, this program involves  investments of millions USD into the country's economy, could amount to millions of dollars, that  will create new jobs and prosperity  for the Unite  States and Armenia.  "Armenia is open for U.S. businesses, and the U.S. Embassy is proud to support as we work toward a more prosperous future," the statement reads.

ArmInfo.The Minister of Finance of Armenia, Vahe Hovhannisyan, and the Director of the Asian  Development Bank (ADB) Resident Mission in Armenia, Don Lambert, have signed a loan agreement for a program aimed at improving the quality of healthcare in the country.

ArmInfo. In the plastic card market of Armenia, cashless transactions established themselves as the dominant force in 2024, accounting for 52.3% of the total volume (compared to 51% in 2023 and 40% in 2022), totaling 3.6 trillion drams ($9.1 billion) in absolute terms. This is evidenced by data from the Central Bank of the Republic of Armenia.

ArmInfo.From February 26 to 28, the 49th meeting of the member states of the Joint Board of  Customs Services of the Eurasian Economic Union was held in Yerevan. Delegations from Armenia, Russia, Belarus, Kazakhstan and Kyrgyzstan participated in the meeting.

ArmInfo.The technology sector of Armenia, in terms of IT alone (software development,  computer programs, data processing, etc.), closed 2024 with a turnover of 915 billion drams. This was stated by the Minister of High-Tech Industry of Armenia Mkhitar Hayrapetyan, citing data from the State Revenue Committee, during an event dedicated to the creation of the second Formula VC venture fund.

ArmInfo. The growth rate of the Armenian economy in 2025 will be lower than the indicator planned  by the country's government. Economist Aghasi Tavadyan said this in an interview with an ArmInfo correspondent. 

ArmInfo. From January 1 to February 27 inclusive, 2025, 4,718 electric vehicles were imported to  Armenia without the participation of official distributors (about 94.4% of the annual duty-free quota). This was reported by the State Revenue Committee of the Republic.

ArmInfo.The Defense Innovation Agency, subordinate to the French Ministry of Defense, is  interested in cooperation with the Military-Industrial Committee of Armenia and the Ministry of High-Tech Industry. This was stated during a meeting between Deputy Minister of High-Tech Industry of the Republic of Armenia Gevorg Mantashyan, Chairman of the Military Industry Committee Aram Jivanyan and a delegation led by Director of the French Defense Innovation Agency General Patrick Aufort.

ArmInfo.A ceremonial event was held in Yerevan yesterday to mark the creation of the second  venture fund, Formula VC. The fund's portfolio is $30 million, which will be invested in 40 startups over the next 5 years, not only in Armenia, but also in the Diaspora.

ArmInfo. The movement of vehicles with trailers and semi-trailers has been restored on the Gudauri-Kobi section of the Mtskheta-Stepantsminda-Lars international  road. This was reported to an ArmInfo correspondent by the customs  attache of the RA Embassy in the Russian Federation Vahan Hakobyan.

ArmInfo. On February 27, the RA NA Vice President Hakob Arshakyan participated in the official opening ceremony of the Formula VC  II  fund and gave a welcome  speech.

ArmInfo. The Upper Lars checkpoint has opened for passenger cars, but remains closed for heavy vehicles.

ArmInfo. Samvel Karapetyan, President of the Tashir group of companies took second place in the  Forbes rating .  According to Forbes, Tashir's rental incomer in 2024 was $685 million (in 2023 - $640 million, in 2022 - $600 million). The company has a presence in cities such as Moscow, St. Petersburg, Sochi, Yaroslavl, etc. 

ArmInfo.The Idram&IDBank app has introduced long-awaited updates designed to make online transactions and payments even more convenient. In a world where cashless payments have become essential, managing your finances is now easier than ever.