Judging from official statistics Armenia’s economy is developing more quickly, than anticipated. Thus, in January-March 2017 compared with the same period of the previous year, economic activity index (EAI) comprised 106.6%.
“We have many investment initiatives and look forward to getting your support in presenting them to Poland’s business circles. I am convinced that we have great potential for activating and developing economic relations,” the Premier said.
Armenia’s economic activity index for JanuaryMarch 2017 surpassed the index of the same period of the previous year by 6.6%.
In the first quarter of 2017 compared with the same period of 2016 number of tourists visiting Armenia has grown by 18.2%. Zarmine Zeytuntsyan, Chairperson of State Tourism Committee of the Ministry of Economic Development and Investments, told about this recently.
The ights will be operated on Mondays, Wednesdays and Fridays. This airline currently operates ights to almost all European countries from Istanbul. Pegasus is one of the most active airlines in the region.
“Within the framework of investment program, the Ararat Wine Factory aims at acquiring beverage production and bottling lines which will further improve the production quality and will increase the production volumes.”
Suren Karayan, Minister of Economic Development and Investments, said the Lydian Armenia CJSC has carried out geologicalexploratory works in Syunik and Vanadzor provinces as a result of which they found gold quartzite deposits.
“Today we are going to present Spayka company’s investment programs of 2017 to Armenia’s President Serzh Sargsyan. We plan to carry out several big projects that will create more than 300 jobs, and more than 70 million USD investments will be made in Armenia,” he said.
Barrel is the unit of measurement of oil volume. One barrel equals to 159.98 liter. New York’s NYMEХ (New York Merchantile Exchange) is a US futures market founded in 1882.
Based on data issued by the Central Bank of Armenia, volume of loans allotted to residents by Armenia’s trade banks (or loan portfolio) comprised AMD 2 trillion 52.9 billion in late February 2017.
