ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. "Telcell", a leading payment settlement company in Armenia, has conducted an initial  issuance of its ordinary non-documentary shares with a volume of 1.540 billion drams (AMD). The issue of shares was launched on September 18 this year, as noted in the prospectus for the share offering.

ArmInfo. A 31-km section of the road connecting Akhaltsikhe with Batumi is already completed in Georgia.  In total, the Georgian authorities need to reconstruct 47 km of the road. By the next beach season, residents of Armenia will be able to reach the Black Sea coast of Georgia through a direct, short route.  As reported by the online platform "Roads of Georgia", once the Khulo-Zarzma road project is completed, the travel time from Batumi to Akhaltsikhe will be reduced by 1.5 hours.

ArmInfo. The customs authority can also complete Declaration of goods for non-personal use being transported across the borders of Armenia in the name of individuals. This is stated in the message of the State Revenue Committee, which has introduced the corresponding legislative changes as part of the customs reform.

ArmInfo.

ArmInfo.

ArmInfo. For Armenia, which does not have its own oil and gas fields, uninterrupted and safe operation of the nuclear power plant is crucial. The currently  operating power unit N2 of the Armenian NPP not only provides up to  40% of all electricity generated in the country to the energy system,  but also helps solve a number of economic and social problems.  

ArmInfo. Ambassador Armen Papikyan, Resident  Representative, Permanent Mission of the Republic  of Armenia to the IAEA in Vienna, and Hua Liu, Deputy Director  General and Head of the Department of Technical Cooperation, signed  Armenia's Country Program Framework  for the period of 2024-2029.

ArmInfo. From September 16 to 23, in the Armenian interbank foreign exchange market  there was a  noticeable decrease in dollar transactions, along with rise in ruble  transactions.

ArmInfo. Today, our airports operate flights to 45 destinations, and we are working to  expand this network. Gnel Sanosyan, the Minister of Territorial Administration and Infrastructure of Armenia, stated this during a panel discussion "Prospects of Modern Armenia: Economy, Infrastructure and Technology" held as part of the Global Armenian Summit.  In this regard, he reported that work is underway to launch  direct flights from Yerevan to New York and Los Angeles in 2025.

ArmInfo.

ArmInfo.

ArmInfo.Our goal is to transform Kapan Airport into an international or regional airport that offer flights not only to Yerevan, but also to adjacent cities of neighbouring countries.

ArmInfo.

ArmInfo.The military-industrial complex has enormous potential to become one of the most  important segments of the economy. This was stated by the Minister of High-Tech Industry of  Armenia, Mkhitar Hayrapetyan, in an interview with Public Television of Armenia.  In particular, he reported that from January to August 2024, military-industrial complexe nterprises transferred 6 billion drams in taxes to the state treasury. This amount is 70% higher than the figure for the previous year.

ArmInfo.Google is exploring the possibilities of digitizing the collections of museums, cultural  institutions and libraries of Armenia. 

ArmInfo. Prime Minister Nikol Pashinyan received the head of the Armenian mission of the International Monetary Fund (IMF), Iva Petrova, As reported by the press service of the Prime Minister, Pashinyan emphasized the importance of cooperation with the IMF for the development and stability of the economy in Armenia.  

ArmInfo. The largest organization ROTOBO, which focuses on promoting the development of business cooperation between enterprises in Japan and Eurasian countries, is establishing a network to enhance the investment environment between Armenia and Japan (Network for Investment Environment Improvement).