The economic activity index of Armenia grew by 7,8% in 2019 compared to the previous year, the Statistics Committee said in a report. During the reporting period the volume of industrial output grew by 9%, the gross agricultural production dropped by 4.2%, construction increased by 4,6% and trade turnover by 8.9%. Volume of services grew…
The price of gas supplied from Russia to Armenia at the border will not increase in 2020. There is an agreement according to which there will be no change in tariff for consumers until April 1, and Gazprom Armenia CJSC will not submit an application to the Public Services Regulatory Commission, Deputy Prime Minister of…
Armenia will have at least a 7.5% economic growth based on the annual results of 2019, Minister of Economy Tigran Khachatryan has declared. “We have started a very good year as it is built on the good base of 2019. Based on the results of the 11 months of the past year we have a…
With the arrival of a Moscow-Yerevan flight, the Zvartnots International Airport’s 2019 passenger flow exceeded 3,000,000 for the first time in its history. On this occasion, the airport’s administration surprised the passengers of the flight with holiday gifts. In 2018 the passenger flow was 2,690,000. (Armenpress/Business World Magazine)
A new low-cost airline is entering Armenia’s aviation market. Wizz Air budget airline will start operating flights from Yerevan in April 2020, Andras Rado, Corporate Communications Manager at Wizz Air budget airline, has announced. “From April 2020 we will start operating flights to Vienna and Vilnius. The flights will be carried out twice a week.…
Gas price will not increase in Armenia until April 1, 2020, Deputy Prime Minister of Armenia Mher Grigoryan has announced. “I cannot say for now what will happen after April 1, 2020 because the talks are not over yet, and we have not summed up the agreements. I can confidently state one thing that there…
In the first half of 2019 growth in export of Armenian wines was noticed compared to the same period of 2018, Director of the Vine and Wine Foundation of Armenia Zaruhi Muradyan said. This year various programs were implemented aimed at raising awareness on and exporting the Armenian wines. In 2019 the Armenian wines were…