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Armenia's Economic Pulse

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  • #1321
    Re: Armenia's Economic Pulse

    .

    YEREVAN. – Spayka company of Armenia is launching the production of blue cheese.

    Armenia company starting blue cheese production
    https://news.am/eng/news/385444.html
    As per the head of the Project Management Division at Spayka, it plans to invest about $15 million per year for the production of cheese and other dairy products…


    Head of the Project Management Division at Spayka, Karen Baghdasaryan, informed about the aforesaid at a press conference on Wednesday.

    “Studying the Russian market, we [Spayka] saw that there is huge potential,” said Baghdasaryan. “At present, contracts already have been signed for exporting more than 1,000 tons of blue cheese per year, from Armenia to Russia.”

    The respective cheese factory will operate in Kotayk Province of Armenia.

    The company plans to invest about $15 million per year for the production of cheese and other dairy products.

    In 2017, Spayka will implement several major projects, and as a result, 390 new jobs will be created and about $70 million will be invested in Armenia.

    In 2016, the company exported more than 100,000 tons of goods from the country. In the current year, it plans to increase exports by 20 percent, and by expanding its export markets and including the countries of the European Union and the Middle East.


    .
    Politics is not about the pursuit of morality nor what's right or wrong
    Its about self interest at personal and national level often at odds with the above.
    Great politicians pursue the National interest and small politicians personal interests

    Comment

    • #1322
      Re: Armenia's Economic Pulse

      Originally posted by HyeSocialist View Post
      Spayka means United in Russian. Quite possibly an Armenian merchant in the food business that expanded into freight forwarding. Possibly wants to be anonymous. Who knows. But the company seems to be behaving like your textbook conglomerate. Kudos for him! Thanks for sharing. Hopefully he becomes a bigger freight forwarder in all of the CIS. It's a good business, and one that I am in.
      Agree with you! I hope it is Armenian owned company.

      Comment

      • #1323
        Re: Armenia's Economic Pulse

        Originally posted by Azad View Post
        Agree with you! I hope it is Armenian owned company.
        Reporting live from Armenia: rumor has it its Kocharians sons and Serges sons business in exporting. Rumor has it they're going to start exporting to Italy. I say rumor because everything in this country seems to be a rumor.

        Comment

        • #1324
          Re: Armenia's Economic Pulse

          I have eaten some great cheese in Armenia. The best ones were from the people who make them for themselves, like the sheppards in the mountains. The cheese I bought at the store that was locally made was also very good! I wish they would export to USA. Cheese prices here are crazy.
          Hayastan or Bust.

          Comment

          • #1325
            Re: Armenia's Economic Pulse

            Originally posted by HyeSocialist View Post
            Reporting live from Armenia: rumor has it its Kocharians sons and Serges sons business in exporting. Rumor has it they're going to start exporting to Italy. I say rumor because everything in this country seems to be a rumor.
            There are many things that are exported from Armenia.

            The issue has to be, is the foreign exchange coming into Armenia or going into some offshore account.


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            .
            Last edited by londontsi; 04-26-2017, 10:18 AM.
            Politics is not about the pursuit of morality nor what's right or wrong
            Its about self interest at personal and national level often at odds with the above.
            Great politicians pursue the National interest and small politicians personal interests

            Comment

            • #1326
              Re: Armenia's Economic Pulse

              Armenia, EU start negotiations on Comprehensive Air Transport Agreement
              13:42, 27 Apr 2017
              Siranush Ghazanchyan



              The first stage of the negotiations between the Republic of Armenia and the European Union on the Comprehensive Air Transport Agreement (Common Aviation Area between the Republic of Armenia and the European Union) has been kicked off.
              “The Common Aviation Area Agreement will help to enhance tourism & trade, allow more EU citizens discover beautiful Armenia,” Head of the EU Delegation to Armenian Piotr Switalski said at thexopening of the negotiations.
              “This is a beautiful day because the relations between Armenia and the European Union are getting a new positive impetus,” he said.
              The negotiating group of the Armenian side will be headed by the Head of the General Department of Civil Aviation of the Republic of Armenia Sergey Avetisyan.
              Negotiating delegation from the European Union side is headed by the Deputy Head of Unit for Aviation Agreements of the European Commission xKlaus Geil.
              In the frames of this agreement the Republic of Armenia will join the EU Common Aviation Area, and as a result the parties will liberalize the market, providing the airlines with the opportunity to operate the routes without any limitations and enjoy equal opportunities of servicing a market with a population of 500 million.
              The effective European standards will be introduced in the Republic of Armenia and the Armenian and foreign airlines will be provided with the opportunity to operate air routes based on commercial considerations without any limiting interference by the states.
              We should note that on 1 December of 2016 the Council of EU Transport Ministers adopted a mandate that allowed the European Commission to start negotiations with the Republic of Armenia.
              Just a moment...
              http://www.armradio.am/en/2017/04/27/armenia-eu-start-negotiations-on-comprehensive-air-transport-agreement/
              Hayastan or Bust.

              Comment

              • #1327
                Re: Armenia's Economic Pulse

                That is good news.
                B0zkurt Hunter

                Comment

                • #1328
                  Re: Armenia's Economic Pulse

                  PV Magazine
                  May 2 2017


                  Armenia announces tender for 55 MW solar project
                  The Armenian Ministry of Energy Infrastructure and Natural Resources has prequalified ten companies in the preliminary phase of the tender for the project, which will be located in Masrik, Gegharkunik province, in the eastern part of Armenia.
                  May 2, 2017 Emiliano Bellini

                  Armenia’s Ministry of Energy Infrastructure and Natural Resources announced it will issue a tender for the construction of a 55 MW PV power plant in Masrik, Gegharkunik province, eastern Armenia. State-owned press agency Arka reports that already 40 unspecified developers have expressed interest in the project, and that only 10 were prequalified for the tender.
                  Deputy Minister Hayk Harutyunyan said the project’s required investment should be between $40 million and $60 million. The tender is scheduled to be completed in the second quarter of next year. The minister also said that the project could be expanded to 100 MW at a later stage, depending on the investor’s interest.
                  The project is part of the national plan for the development of renewable energies and is one of six PV plants with a combined capacity of 110 MW that the government is currently supporting through a recently created ad hoc commission.
                  The commission is formed by representatives from the Ministry of Energy Infrastructure and Natural Resources, the Ministry of Finance, the Ministry of Economic Development and Investments, the Ministry of Justice, the Ministry of Environmental Protection, the Central Bank and the State Services Regulatory Commission.
                  In late April, the Republic of Armenia Ministry of Economic Development and Investment announced it exempted solar project developers from paying customs duties on the import of PV components for the first time.
                  In mid-April, the Ministry of Energy announced the start of construction on the country’s third 1 MW PV plant being developed under the special tariff regime introduced by the Armenian Public Services regulation commission (PSRC) in December 2016.
                  The Armenian government is currently supporting PV projects up to 1 MW through a FIT scheme and residential and commercial solar up to 150 kW through net-metering.
                  Armenia’s six-year $58 million solar program is directed by the Renewable Energy and Energy Efficiency Foundation, a non-governmental organization whose mission is to facilitate investments in energy efficiency and renewable energy in Armenia. The scheme is also supported by the Climate Investment Funds, the Armenian Ministry of Energy and Natural Resources, the World Bank, and the Asian Development Bank.
                  Armenia announces tender for 55 MW solar project
                  https://www.pv-magazine.com/2017/05/02/armenia-announces-tender-for-55-mw-solar-project/
                  The Armenian Ministry of Energy Infrastructure and Natural Resources has prequalified ten companies in the preliminary phase of the tender for the project, which will be located in Masrik, Gegharkunik province, in the eastern part of Armenia.
                  Hayastan or Bust.

                  Comment

                  • #1329
                    Re: Armenia's Economic Pulse

                    Originally posted by Haykakan View Post
                    PV Magazine
                    May 2 2017


                    Armenia announces tender for 55 MW solar project
                    The Armenian Ministry of Energy Infrastructure and Natural Resources has prequalified ten companies in the preliminary phase of the tender for the project, which will be located in Masrik, Gegharkunik province, in the eastern part of Armenia.
                    May 2, 2017 Emiliano Bellini

                    Armenia’s Ministry of Energy Infrastructure and Natural Resources announced it will issue a tender for the construction of a 55 MW PV power plant in Masrik, Gegharkunik province, eastern Armenia. State-owned press agency Arka reports that already 40 unspecified developers have expressed interest in the project, and that only 10 were prequalified for the tender.
                    Deputy Minister Hayk Harutyunyan said the project’s required investment should be between $40 million and $60 million. The tender is scheduled to be completed in the second quarter of next year. The minister also said that the project could be expanded to 100 MW at a later stage, depending on the investor’s interest.
                    The project is part of the national plan for the development of renewable energies and is one of six PV plants with a combined capacity of 110 MW that the government is currently supporting through a recently created ad hoc commission.
                    The commission is formed by representatives from the Ministry of Energy Infrastructure and Natural Resources, the Ministry of Finance, the Ministry of Economic Development and Investments, the Ministry of Justice, the Ministry of Environmental Protection, the Central Bank and the State Services Regulatory Commission.
                    In late April, the Republic of Armenia Ministry of Economic Development and Investment announced it exempted solar project developers from paying customs duties on the import of PV components for the first time.
                    In mid-April, the Ministry of Energy announced the start of construction on the country’s third 1 MW PV plant being developed under the special tariff regime introduced by the Armenian Public Services regulation commission (PSRC) in December 2016.
                    The Armenian government is currently supporting PV projects up to 1 MW through a FIT scheme and residential and commercial solar up to 150 kW through net-metering.
                    Armenia’s six-year $58 million solar program is directed by the Renewable Energy and Energy Efficiency Foundation, a non-governmental organization whose mission is to facilitate investments in energy efficiency and renewable energy in Armenia. The scheme is also supported by the Climate Investment Funds, the Armenian Ministry of Energy and Natural Resources, the World Bank, and the Asian Development Bank.
                    https://www.pv-magazine.com/2017/05/...solar-project/
                    Finally. Solar and Wind power is something Armenia can not only use, but also build. Solar Power especially. We have everything domestically ready to build these things. Wind power in Armenia has about a 500mw exploitable opportunity. Seems like a good target and project for the government to try to take.

                    Comment

                    • #1330
                      Re: Armenia's Economic Pulse

                      30,000 people leave Armenia annually: migration service chief
                      http://panarmenian.net/eng/news/239072/


                      self-destruction is continuing. How will we look about at this period in 100 years and who will we blame.

                      Comment

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