Economy

    Economy (7)

    In mid-June, the CEO of Russia’s gas monopolist Gazprom, Alexei Miller, paid a spontaneous visit to Yerevan, where he met with Armenia’s Prime Minister Karen Karapetyan. Official information about the meeting is rather scarce. Besides mutually exchanged compliments, reports mention plans for the exploitation of the fifth unit of the…
    Shovels in April will start turning on a new gold mine in Armenia, says the managing director of Geoteam, the company behind the Amulsar gold project in southern Armenia. “Construction will be finished in January 2018 according to our schedule, then mine exploitation will begin. It will last for 10…
    Students of National Polytechnic University of Armenia will do an internship in the mines of Armenia and Karabakh. The respective agreement was reached between the University, Union of Miners and Metallurgists of Armenia and Vallex Group.
    The number of tourist, visiting Armenia should be increased to 3 million a year, Armenian PM Karen Karapetyan said at parliament's Wednesday session, presenting the action plan for 2017-2022.
    Wednesday, 24 May 2017 23:21

    Armenia PM to head for Russia

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    An Armenian governmental delegation, led by Prime Minister Karen Karapetyan, on Thursday will travel to Russia, on a two-day working visit.
    Wednesday, 17 May 2017 15:21

    Nuclear Energy in Armenia

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    The Metsamor NPP consists of two power units with WWER-440/270 reactors. The Unit 1 was put into operation on December 22, 1976 and the Unit 2 was put into operation on January 5, 1980. The installed power of the units is 407,5 MW(e).
    An international airport near Armenian capital Yerevan will have a new functioning terminal by the end of this year. According to the company managing the airport, by its technical parameters and passenger service quality the new arrivals and departures hall, due to open in October, will be the best in…
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