Jewelry is another much successful and developed sector in the Armenian economy.
The production of the jewelry industry (jewelry,precious metals and precious stones) grew by 35.7% in 2017. Continue reading “Jewelry Sector Armenia”
Pharmaceuticals is one of the booming sectors of the Armenian economy. Armenia exported about $22.8 million worth of pharmaceutical products in 2017
About 50% of Armenian pharmaceutical production was exported in 2017. Continue reading “PHARMACEUTICAL SECTOR OVERVIEW”
The number of people interested in investments in Armenia’s Tavush province has significantly increased in the recent period. Those are mainly Armenian businessmen from different counties who were born in Tavush: they want to have their investment in the homeland.
The acting minister of energy and natural resources of Armenia Garegin Baghramyan yesterday received the delegation of China National Electric Engineering Company (CNEEC) led by Vice President Jean Chenu.
Garegin Baghramyan emphasized the importance of the visit of businessmen to Armenia, stressing that there is already effective cooperation with Chinese companies. Continue reading “CHINESE COMPANY INTENDS TO INVEST IN ARMENIAN ENERGY SPHERE”
The Armenian government today approved the bill on ratifying the agreement between Armenia and Japan on liberalizing, encouraging and protecting investments.
Acting minister of economic development and investments Tigran Khachatryan said at the Cabinet meeting that the relations between Armenia and Japan have continuously progressed and developed during the recent years. Continue reading “Cabinet approves ratification of Armenia-Japan investment liberalization deal”
Lead by the CEO Mr. Armen Avak Avakian, the Business Armenia team was on an outreach mission to Lebanon on September 22-26, 2018.
Within the framework of the visit, investment agreements have been made. Continue reading “New Investments From Lebanon Expected”
Европейские компании готовы инвестировать в Армении и уже заявили о своей заинтересованности,
сказал глава делегации ЕС в стране Петр Свитальский. Continue reading “Европейские компании готовы инвестировать в Армении – Свитальский”
With the support of Business Armenia and the Armenian Embassy in Syria, the samples and catalogs of Armenian made products were sent to Damascus.
Those are to be presented at the 60th Damascus International Exhibition. Continue reading “Armenia To Participate In Damascus International Expo”
A seven-strong team of Armenian specialists have developed an automated greenhouse system Smart Green that can increase the crop capacity by 30-50% and save up to 20% of power costs.
Smart Green can measure and provide optimal heating, irrigation and ventilation settings for each plant in the greenhouse. Continue reading “Smart Green: The new system for greenhouse management”