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Armenia's Economic Pulse

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  • Re: Armenia's Economic Pulse




    Cool!
    General Antranik (1865-1927): “I am not a nationalist. I recognize only one nation, the nation of the oppressed.”

    Comment


    • Re: Armenia's Economic Pulse

      Originally posted by Joseph View Post
      Very cool! Thanks for sharing this. I recall a few spyurkahyes trying to modernize Armenia's stock exchange so a lot of these start ups could get massive amounts of cash and have better access to resources like management and operations. It's all possible:

      Comment


      • Re: Armenia's Economic Pulse



        Syrian-Armenians move their chocolate business to Armenia


        Author Hasmik Hambardzumyan

        Syrian-Armenian Sosi Temirchian arrived in Armenia in 2012. She has been engaged in chocolate production in Syria for 15 years. During the war, she moved to Armenia with her family to continue her work here.

        Presenting their pavilion full of chocolate, Mrs Sosi said that they didn’t want to do anything else in Armenia, but to continue their business.

        “This is what we now, so we started working. It will get better little by little,” Mrs Sosi said.

        Their production includes Vivaldi Chocolate, Harry Chocolate and the new King George assortment.
        They also produce gifts for all kinds of celebrations, including weddings, christenings, birthdays etc.
        The Syrian-Armenian woman has moved to Armenia with her husband and two sons.

        “We’ve left everything in Syria, our house, our fortune,” Mrs Sosi said.

        Concerning returning to Syria, she said that they don’t intend going back because it’s better living in one’s own motherland.
        General Antranik (1865-1927): “I am not a nationalist. I recognize only one nation, the nation of the oppressed.”

        Comment


        • Re: Armenia's Economic Pulse

          ^^^ aman babam some of these Syrian Armenians nag so much and spread negative rumors about Armenia, it's becoming a joke.
          They don't assess their situation and the country they're coming from. They are not aware that Syria is a classical dictatorship country where you have to be on your knees for the immortal leader. They nag and nag and nag about Armenia and tell you how great Syria was.
          If it was that great of a country with a great leader, why is it in this condition now?

          Comment


          • Re: Armenia's Economic Pulse

            Originally posted by Shant03 View Post
            Haykakan would be proud.
            lol.......I bet its a carrot and stick.


            btw, I had some of those chocolates and saving the rapper attached to the frame of picture of Mt Ararat my wife drew. There is also a 7.62X39 round on top and an barbecue AK 47 lighter for liberation of Artsakh and Western Armenia, lol.
            Last edited by Eddo211; 05-25-2016, 12:19 AM.
            B0zkurt Hunter

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            • Re: Armenia's Economic Pulse

              Iranian businessman denied access to Armenia’s petrol market

              YEREVAN, May 25. /ARKA/.

              Arshia Monjezi, an Iranian entrepreneur, has been barred from entering Armenia's market, Zhamanak reports.

              According to the newspaper, he was warned against entering Armenian market a few months ago, when he wanted to start importing petrol into Armenia from Iran.

              Remarkable is that Hovik Abrahamyan, Armenia's prime minister, swore recently before members of the National Assembly that there is no monopoly at Armenia’s liquid fuel market and anybody who wants may import fuel into the country.

              One liter of ‘Regular’ petrol is sold in Armenia at 390 drams, while in neighboring Georgia its price is only 250 drams.

              Taking into account all his expenses, the Iranian entrepreneur was going to supply petrol to Armenia and sell it at 270 to 290 drams per liter.

              “We have always said that petrol can be brought to Armenia from Iran, Turkmenistan and other countries, if desired, and this will be far cheaper,” Arshia Monjezi is quoted by the newspaper as saying.

              “The bulk of petrol comes to Armenia from Russia, and they decide how much it will cost.”

              Monjezi is convinced that this is not a simple problem that can be solved. He stated that contrary to the Armenian prime minister’s statement, there is a monopoly at Armenian market and that he will not make another attempt to enter Armenia’s market, since it is doomed to failure.

              Comment


              • Re: Armenia's Economic Pulse

                Originally posted by Zeytun View Post
                Iranian businessman denied access to Armenia’s petrol market

                YEREVAN, May 25. /ARKA/.

                Arshia Monjezi, an Iranian entrepreneur, has been barred from entering Armenia's market, Zhamanak reports.

                According to the newspaper, he was warned against entering Armenian market a few months ago, when he wanted to start importing petrol into Armenia from Iran.

                Remarkable is that Hovik Abrahamyan, Armenia's prime minister, swore recently before members of the National Assembly that there is no monopoly at Armenia’s liquid fuel market and anybody who wants may import fuel into the country.

                One liter of ‘Regular’ petrol is sold in Armenia at 390 drams, while in neighboring Georgia its price is only 250 drams.

                Taking into account all his expenses, the Iranian entrepreneur was going to supply petrol to Armenia and sell it at 270 to 290 drams per liter.

                “We have always said that petrol can be brought to Armenia from Iran, Turkmenistan and other countries, if desired, and this will be far cheaper,” Arshia Monjezi is quoted by the newspaper as saying.

                “The bulk of petrol comes to Armenia from Russia, and they decide how much it will cost.”

                Monjezi is convinced that this is not a simple problem that can be solved. He stated that contrary to the Armenian prime minister’s statement, there is a monopoly at Armenian market and that he will not make another attempt to enter Armenia’s market, since it is doomed to failure.

                http://arka.am/en/news/business/iran...petrol_market/
                Bad move. Constrains Armenia to Russia gas only at a higher price and hurts relations with Iran and furthermore discourages increased investment and ties with Armenia and a good neighbor. This also reeks of corruption.
                General Antranik (1865-1927): “I am not a nationalist. I recognize only one nation, the nation of the oppressed.”

                Comment


                • Re: Armenia's Economic Pulse

                  Terrible.

                  Comment


                  • Re: Armenia's Economic Pulse

                    Government Committed To Antitrust Measures, Insists Minister



                    Nane Sahakian
                    Հրապարակված է՝ 26.05.2016

                    The government is serious about its pledges to de-monopolize lucrative imports of essential goods and commodities to Armenia, Economy Minister Artsvik Minasian insisted on Thursday.

                    Prime Minister Hovik Abrahamian has vowed to put in place “equal conditions” for all importers as part of sweeping reforms announced by him earlier this month. He said that the Armenian government will step up its fight against corruption and radically improve the domestic business environment in view of new security challenges facing the country.

                    Abrahamian told the Ministry of Economy and state anti-trust regulators to “analyze” within the next three weeks the impact of de facto monopolies on economic competition in the country. Companies owned by government-linked businesspeople have long controlled imports of fuel and basic foodstuffs, something which economists regard as a major hurdle to faster economic growth.

                    Minasian said that his ministry will release soon a detailed report on the monopolies. As part of the same effort, it has drawn up “explanatory” booklets for businessmen interested in importing about a dozen items, including fuel, wheat and sugar. Minasian unveiled them at a weekly cabinet meeting in Yerevan.

                    Minasian, who was appointed as minister in March following a power-sharing deal struck by his Armenian Revolutionary Federation party with President Serzh Sarkisian, dismissed lingering media and opposition skepticism about the government’s stated reform drive.

                    “Instead of joining forces to put that policy into practice, as soon as something good is done we criticize and complain about why it hasn’t been done before,” Minasian told journalists. “I not only believe [in the seriousness of the reform promise] but am also fighting for that.”

                    Critics argue that that many senior government officials have personally benefitted from business “oligopolies” and heavily relied on them for political support.

                    Comment


                    • Re: Armenia's Economic Pulse

                      Financial resources coming to Armenia from Eurasian Economic Union budget shrunk

                      YEREVAN, May 27. /ARKA/. The flow of financial resources from the Eurasian Economic Union’s common budget to Armenia has dwindled, Haykakan Zhamanak (Armenian Time) reports.

                      According to the newspaper, in April’s customs receipts from the Eurasian Economic Union budget to Armenia totaled AMD 4.4 billion, and this amount is smaller than that of the same month a year before by AMD 0.5 billion.

                      The flow of financial resources from the Eurasian Economic Union’s common budget to Armenia has dwindled, Haykakan Zhamanak (Armenian Time) reports.

                      Comment

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