Social expenses made from June 1, 2025, and on to be reimbursed Friday, May 30 2025
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 ArmInfo. The State Revenue Committee (SRC) of Armenia reports that payments made from June 1, 2025 and later for social expenses will be reimbursed if they were paid directly by the individual declarant. |
ArmInfo. Entrepreneurs from Armenia and Poland discussed the potential for cooperation in various areas of mutual interest.
ArmInfo. The State Revenue Committee (SRC) of Armenia informs participants in foreign economic activity (FEA) that, within the framework of customs reforms, customs servicing of goods exported from the Republic of Armenia (including to the member states of the Eurasian Economic Union) on the territory of the country will be carried out around the clock, seven days a week (24/7) from June 1, 2025.
ArmInfo. The Armenia Stock Exchange and Central Depository (AMX), in collaboration with the Federation of Euro-Asian Capital Markets Association (FEAS), hosted one of region's most important capital markets conferences, ConFEAS 2025 in Yerevan on May 30-31.
ArmInfo. The Armenian Stock Exchange has officially joined the Tabadul regional digital exchange platform, operating under the Abu Dhabi Securities Exchange. The ceremony of joining the platform took place at the regional capital markets conference ConFEAS 2025, held in Yerevan.
ArmInfo. Since 2025, the situation in the insurance market has started to change: premiums have increased, while compensation has decreased, leading to a significant rise in profits. This is evidenced by data from the Financial Rating of Insurance Companies of Armenia as of 31.03.2025, prepared by ArmInfo IC based on published financial reports and missing indicators requested from the insurance companies. In the first quarter of 2025, there was a notable slowdown in in the annual decline of insurance premiums to 7%, exceeding 20.9 billion drams (over $ 53.4 million). Compensations also saw a shift in dynamics, with a slight 0.2% decrease, amounting to 10.3 billion drams ($ 26.2 million). As a result, net profit experienced a significant turnaround, going from a 73% decline to an 82.3% growth, reaching 807.2 million drams ($ 2.1 million). The most impressive profit growth was provided by LIGA Insurance (3 times) and the new IC Efes (9 times). Both companies were able to eliminate losses and achieve a substantial positive level, contributing to an overall increase market profits. For comparison, in the first quarter of 2024, premiums and compensations had opposite trends - a 19% decline in the former was accompanied by a 43% growth in the latter, as a result of which net profit fell by 73%.
ArmInfo. The net profit of the insurance sector of Armenia in the first quarter of 2025 increased by 82.3% per annum (against a 73% decline a year ago) and reached 807.2 million drams ($2.1 million). This was the result of a strong slowdown in the annual decline in premiums from 19% to 7% (20.9 billion drams or $53.4 million) and a reversal in the dynamics of compensation from a significant 43% growth towards a 0.2% decline (10.3 billion drams or $26.2 million). This is evidenced by the data of the Financial Rating of Insurance Companies of Armenia as of 31.03.2025, prepared by ArmInfo IC based on published financial reports and additional data requested from the insurance companies.
ArmInfo. Prime Minister of Slovakia Robert Fico proposed to his Armenian counterpart Nikol Pashinyan to collaborate in the field of nuclear energy and the military- industrial complex. He made this statement on May 26 during a joint press conference with Pashinyan in Yerevan.
ArmInfo. Intensive development of solar energy in Armenia is not a problem in itself, the problem arises when it is done without technical calculation, without a long-term market strategy, says energy expert, Doctor of Political Sciences Vahe Davtyan.
ArmInfo. From June 14 to June 21, the 4th annual CyberGEN conference will be held in Dilijan, dedicated to cybersecurity. The week-long event will include a number of events. Details of the conference were announced at a press conference on May 30 by Nerses Yeritsyan, the head of the Information Systems Agency of Armenia, Komitas Stepanyan, the head of the CBA Department for Information Technology and Cybersecurity, Marie Barseghyan, the director of the Microsoft Innovation Center and the head of the CyHub Armenia project, Ruben Muradyan the director of information security at Hexens, and Salwa Nacouzi, the rector of the French University in Armenia.
ArmInfo. On May 23, RA President Vahagn Khachaturyan received Vice President of Amazon Web Services (AWS) Jeff Barr.
ArmInfo. The average market price of apartments in the regions of Armenia increased by 12.9% per annum in the first quarter of 2025, reaching 162.3 thousand drams / 1 sq.m.
ArmInfo. In the first quarter of 2025, the average market price of real estate in apartment buildings in Yerevan increased by 1.5%, reaching an average of 464.3 thousand drams / 1 sq. m.
ArmInfo.In Armenia, the industrial price index increased in January- April 2025 compared to the same period in 2024 from 100.7% to 102%. This was observed against the background of a deterioration in the annual dynamics of the industrial sector from 26.8% growth to 16.1% decline, with a volume of 812.3 billion drams ($2.1 billion). This is evidenced by the preliminary data of the RA Statistics Committee.
ArmInfo.In Armenia, economic activity growth in January-April 2025 slowed significantly to 4.4% per annum (from 13.2% in the same period of 2024).
ArmInfo. In Armenia's foreign trade, transactions involving precious metals and stones have seen a decline since 2025, totaling 21.6% ($967.6 million) in the first quarter, compared to 66.1% ($6.5 billion) a year earlier. This category of goods has been the main factor contributing to the deterioration in the annual dynamics of the country's foreign trade turnover, which dropped from 212% growth to a 54.2% decline. According to the RA Statistical Committee, in the first quarter of 2025, the share of imports and exports of precious metals and stones in the total trade turnover decreased to 15.7% and 31.3%, respectively, compared to 59.4% and 74.2% in the same period last year.
ArmInfo. The information and communication technology (ICT) sector in Armenia grew by 9% annually in Q1 (compared to 17.3% growth the previous year), resulting in revenue of 284.1 billion drams ($718.5 million).
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