SAS Group Armenia runs one of the fast growing and leading supermarket chains – SAS Supermarkets.
Decrease of growth temp is conditioned by April’s index. This April compared with previous year’s April economic activity grew by 3.7%. Meanwhile in March, compared with previous year’s March, activity growth comprised 6.8%.
The community has over 5 thousand hectares of land which can be cultivated, half of which is in a dangerous zone. In some years, the Azerbaijanis had cultivated lands from their side and then quickly set it ablaze, and the re spread in the Armenian direction. The first ‘solar village’ is considered to be Lernamerdz community of Armavir.
“Currently there are energy production capacities in Armenia, which means Armenia’s market is enlarging and already regional considerations may be examined here. These opportunities include both traditional energy production and use of new—renewable green energy sources,” the Ambassador said, stressing that purpose of the conference is introduce existent opportunities in energy sector.
Firstly, Yerevan City Council elections were marked with rather low participation. Only 345 thousand out of 840 thousand eligible citizens have gone to the polling stations. Participation level comprises 41 percent.
On May 16 the Board of the Central Bank of Armenia (CBA) made a decision to keep the refinancing rate unchanged, setting it 6.0%, press service of the CBA told. In April, 2017, 1.0% ination was registered compared to 0.3% deation of April, 2016 which was mainly related with the formation of higher levels of prices of agricultural products.
On the other hand, SRC activeness contains risk for itself as well. If in the second quarter tax entries are over-fulfilled not by 12 billion, but e.g. 20 or 25, the Government may change its mind and raise the benchmark, demanding e.g. 80-100 billion extra taxes.
“By working with the Armenian government, we try to ensure favorable conditions in order for the business environment to be interested in making investments,” he said.
The EU-financed ‘Assistance for migration and border management in Armenia’ program began modernization works of border checkpoints in southern Armenia with the UNDP and state structures of Armenia.
Starting May 20, Armenia Airlines will operate the Yerevan-LondonYerevan regular flight with a stopover in Tbilisi, Georgia, Armenia Airlines told.
