Tatra truck production to launch in Armenia

A Tatra truck production factory will be built in Armenia’s Kotayk province, according to a memorandum signed between Tatra Trucks and Zenon LLC, a top official from Gazprom Armenia said. Andranik Harutyunyan More »

Smart and Armenian: Armenia’s first smartphone goes on sale

The first smartphone made in Armenia, called the ArmPhone, went on sale this week. Various Armphone models were unveiled during a kick-off celebration on Monday held as part of a marketing campaign More »

Week of Economic Opportunities Exhibition in Yerevan

To support the economic integration of Syrian refugees in Armenia, GIZ EISRA organises the  business forum “Week of Economic Opportunities (WEO)” on 19-22 May 2016 at Yerevan Expo to promote entrepreneurship, job More »

PicsArt receives USD 20 million funding

According to Techcrunch, PicsArt will allocate the received sum to grow the startup’s user base in China and Japan.   Although PicsArt doesn’t reveal how many users it has in Asia, the More »


Oil prices soar on hopes of Opec production cut


Oil prices surged as much as 12% on Friday after new suggestions that Opec nations were set to cut oil production.
The United Arab Emirates’ energy minister said that Opec members were ready to reduce output, the Wall Street Journal reported.

Armenia planning to build new nuclear power generating unit by 2027


Work is underway to extend the operational life of the current energy unit of Armenia’s nuclear power plant until 2027, Energy Minister said at a meeting with Czech Minister of Industry and Trade Jan Mladek Friday, February 12.
According to Yervand Zakharyan, Armenia is going to build a new nuclear power generating unit with a 600 MW capacity by 2027.

Paris will unite world’s Armenian businessmen in April

Paris France

Forum initiator and French-Armenian Business Society President Vardan Gabrielyan told Banks.am that the forum aims to arrange ties between Armenian businessmen and create an Armenian Business Agency.

“The Agency plans to create a database of Armenian businessmen and companies, establish cooperation, develop and implement business programs, as well as promote development projects for Armenia and Diaspora,” said Vardan Gabrielyan.

Armenian premium domains for sale


The list of Armenian top (premium) domain names, which are for sale and listed in SEDO domain auction/parking service. The list of Armenian domains includes travel, hiking, news, emagazine and business oriented domain names.

Georgia’s “Airzena” air company to resume operating Yerevan-Tbilisi flights

Yerevan-Tbilisi by Airzena Georgian Airways

Georgia’s “Airzena” – Georgian Airways will resume operating flights between Yerevan and Tbilisi on June 29, Novosti-Georgia reported Thursday referring to the Georgian economy ministry’s Civil Aviation Agency.

The flights will be operated four times a week, one ticket prices will start from €55.

Regular air communication between Armenia and Georgia was ceased in 2011. Armavia, the then Armenian air company that operated regular flights between the two cities, explaining its decision, said this route was not profitable in winter season.