For the first time in Armenia a strategic foreign investor acquired an Armenian mining company through joint financing of three Armenian banks. AIM-listed Chaarat Gold Holdings Limited acquired 100% of shares of “Kapan Mining and Processing Enterprise” CJSC for USD 55M from a company listed on the same stock exchange which is a subsidiary of Russian Polymetal Group.
Towards the agricultural season, Converse Bank has launched a new loan type “Agro” offering affordable and competitive interest rates to start-up and growing agricultural businesses.
Under the UK BIT, Lydian UK may submit the dispute to international arbitration three months after such formal notification, and under the Canada BIT, Lydian Canada can do so after six months. In the meantime, the Government of Armenia has an opportunity to continue amicable discussions with Lydian with a view to the prompt settlement of the disputes.
Converse Bank congratulates women on the occasion of the spring holidays and makes a number of surprises.
The European Union is fully ready to support Armenia in its reforms agenda and implementation of development programs in general, Prime Minister of Armenia Nikol Pashinyan said at the beginning of the Cabinet meeting, introducing the results of his Brussels trip.
Armenian Prime Minister Nikol Pashinyan has expressed hope that the price issue of Russian gas supplied to Armenia will be possible to resolve in 2019.
Armenian Prime Minister Nikol Pashinyan, who is in Belgium on a working visit, met with the Armenian community’s business representatives operating in the fields of diamond cutting, real estate and cargo transportations.
Armenia’s Minister of Economic Development and Investments Tigran Khachatryan says becoming a transit country for Iranian gas will only have positive impact on Armenia.
The opening ceremony of the small stage – Black Box – took place at G. Sundukyan National Academic Theatre on February 20. It’s the first Black Box stage in Armenia built at a professional theater, which will serve as an innovative theatrical platform for young artists.
Armenia’s trade turnover with the member states of the European Union has recorded a major growth in 2018, comprising 1 billion 830 million 74 thousand USD, moreover, the export grew by nearly 8%.
