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Armenia's Economic Pulse

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  • Re: Armenia's Economic Pulse

    New Developments on Armenian-Turkish Railway

    Russian company “South Caucasus Railway” CJSC (SCR) announced that it is in negotiations with Poland for buying freight carriages to supply an Armenian-Turkish railway. The company also announced its plans to build a logistic centre at Akhurian station situated in the Armenian-Turkish border corridor, reports Russian paper “Nezovisimaja Gazeta.”

    Evidence proving that Armenia intends to purchase 120 freight carriages from Polish Poznan factory for an Armenia-Turkey railway were published by Polish media after Extraordinary and Plenipotentiary Ambassador of Armenia to Poland Ashot Galoyan’s visit to the company last week.

    However, Armenia’s foreign minister has denied this information stating that the ambassador’s visit to Poznan is related with the settlement of relations in the region. The Armenian foreign ministry’s position is most likely explained by Armenians’ unsettled attitude towards the Armenian-Turkish Protocols, reported Polish paper Gazeta Wyborcza.

    No comments were provided by South Caucasus Railway, who refused even to answer the question why freight cars are being purchased from Poland and not from Russia.

    “In any case of clarify, official information will be provided,” they stated at SCR.

    At a press conference in Yerevan recently, a SCR representative stated that the company is ready to start construction work on the Armenia-Turkey railway two days after the border is opened.

    http://www.tert.am/en/news/2009/09/28/railway/
    "Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a man, you take it." ~Malcolm X

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    • Re: Armenia's Economic Pulse

      USAID/ARMENIA Suspended Program Might Be Recommenced
      From: Sebouh Z Tashjian <sebouhz_tashjian@yahoo.com.au>
      Date: Wed, 30 Sep 2009 16:55:02 +0500 (AMST)

      --------------------------------------------------------------------------------

      USAID/ARMENIA SUSPENDED PROGRAM MIGHT BE RECOMMENCED

      PanARMENIAN.Net
      29.09.2009 21:25 GMT+04:00

      /PanARMENIAN.Net/ On September 29, Vice Speaker of RA Parliament
      Arevik Petrosyan met the Director of US International Development
      Agency (USAID) Jatinder Cheema. The meeting focused on USAID/ARMENIA
      suspended program recommencement, organizational matters and activity
      spheres selection.

      On behalf of RA NA Chairman Hovik Abrahamyan, Vice Speaker of RA
      Parliament Arevik Petrosyan emphasized the importance of program
      recommencement.

      Within program frameworks, the parties discussed RA NA's professional
      and technical re-equipment. They stressed the importance of memorandum
      conclusion to specify concrete collaboration sphere, RA NA press
      service reported.
      Hayastan or Bust.

      Comment


      • Re: Armenia's Economic Pulse

        NAIRIT PLANT TO BE STARTED-UP IN OCTOBER 2009

        ArmInfo
        2009-10-01 13:24:00

        ArmInfo. Production at Nairit plant, which specializes on manufacture
        of synthetic rubber, was restarted from September 2, spokeswoman of
        Nairit Plant CJSC Anush Harutyunyan told ArmInfo on Thursday.

        She said the plant was stopped for repair-and-renewal operations from
        June 12, 2009, in view of the production accident on May 14, as a
        result of which the chloroprene production section was damaged. All the
        repair-and-renewal operations have been completed and the management
        hopes for the plant start-up in October, the spokeswoman said. She
        added that about 3,000 employees will be engaged at the plant.

        To recall, 4 people died and 8 injured as a result of May 14 accident,
        the reasons of which are under investigation. Rhinoville Property
        Limited International company, 10% shares of which remained with the
        state, is 90% owner of Nairit plant. Rhin®ville Property Limited
        has been established by Samex Polish Company, American Intertex and
        Russian "Eurogas". In 2008, the plant produced 5414 tons of rubber,
        and for Jan-Aug, 2009 - 534 tons.
        Hayastan or Bust.

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        • Re: Armenia's Economic Pulse

          Theres an atomic bomb laying near Caucasus.. I know Armenia needs that energy and lacks rivers that could take its part.. But that does not change the fact.. sad.

          Im sure it would be more safe now. However, is it safe enough, I dont have any information. Can you please write about that too, thanks.

          Comment


          • Re: Armenia's Economic Pulse

            Originally posted by Army View Post
            Theres an atomic bomb laying near Caucasus.. I know Armenia needs that energy and lacks rivers that could take its part.. But that does not change the fact.. sad.

            Im sure it would be more safe now. However, is it safe enough, I dont have any information. Can you please write about that too, thanks.
            I guess your talking about the powerplant. I believe the old one was renovated and a new one is scheduked to be built.
            Hayastan or Bust.

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            • Re: Armenia's Economic Pulse

              Originally posted by Haykakan View Post
              That more efficiant japanese plant must be pretty small since it is going to generate so much less then the other russian plants.
              It doesn't have to. They just have to stick "Sony" on the front and people will pay 10 times as much for the label.

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              • Re: Armenia's Economic Pulse

                Originally posted by hipeter924 View Post
                It doesn't have to. They just have to stick "Sony" on the front and people will pay 10 times as much for the label.
                I know what you mean, i hate that.
                Hayastan or Bust.

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                • Re: Armenia's Economic Pulse

                  Originally posted by Haykakan View Post
                  I know what you mean, i hate that.
                  For most things these days you are just paying for the brand, when in reality it only costs like $10 to make.

                  Comment


                  • Re: Armenia's Economic Pulse

                    Originally posted by hipeter924 View Post
                    For most things these days you are just paying for the brand, when in reality it only costs like $10 to make.
                    Off topic ex:
                    True Religion Jeans $2 made in a chinese textile factory, $300 american malls.

                    Comment


                    • Re: Armenia's Economic Pulse

                      Originally posted by Icy View Post
                      Off topic ex:
                      True Religion Jeans $2 made in a chinese textile factory, $300 american malls.
                      That's called an "import tax"
                      "Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a man, you take it." ~Malcolm X

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