ArmInfo NewsFeed
AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000
Team Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  openedTeam Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  opened
Armenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSCArmenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSC
Armenia values development of  cooperation with Denmark in  high  technology and renewable energyArmenia values development of  cooperation with Denmark in  high  technology and renewable energy
ArmSwissBank: First in Armenia to Publish a Climate Transition PlanArmSwissBank: First in Armenia to Publish a Climate Transition Plan
Ucom Launches 5G Network in Abovyan and EjmiatsinUcom Launches 5G Network in Abovyan and Ejmiatsin
Armenia`s government to be entitled to approve new vehicle purchase support programmesArmenia`s government to be entitled to approve new vehicle purchase support programmes
WB appoints Fabrizio Zarcone as its new Country Manager for ArmeniaWB appoints Fabrizio Zarcone as its new Country Manager for Armenia
Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer 
Armenian president holds bilateral meetings in Spain Armenian president holds bilateral meetings in Spain 
RA Tourism Committee, South Caucasus Railway combine efforts to develop tourism RA Tourism Committee, South Caucasus Railway combine efforts to develop tourism 
Populism being institutionalized in Armenia - ex-official Populism being institutionalized in Armenia - ex-official 
Samvel Karapetyan`s family starts investment dispute with Armenia Samvel Karapetyan`s family starts investment dispute with Armenia 
RA Minister of Economy  discussed  Armenian cargo carriers` situation  with his Georgian counterpartRA Minister of Economy  discussed  Armenian cargo carriers` situation  with his Georgian counterpart
Expert: Armenian businesses  face obstacles  to growth due to  unfavorable conditions Expert: Armenian businesses  face obstacles  to growth due to  unfavorable conditions 
Export growth has been minimal in recent years: Luys FoundationExport growth has been minimal in recent years: Luys Foundation
Economy Ministe: Armenia  determined to realize its agricultural potential despite numerous challengesEconomy Ministe: Armenia  determined to realize its agricultural potential despite numerous challenges
Economist: Women in Armenia are more productive in business, but  their involvement remains lowEconomist: Women in Armenia are more productive in business, but  their involvement remains low
Customer Appreciation Day at IDBankCustomer Appreciation Day at IDBank
ENA Acting CEO dismisses the idea of reducing tariffs under the new manager as a mythENA Acting CEO dismisses the idea of reducing tariffs under the new manager as a myth
ENA to defend its rights within law - statement ENA to defend its rights within law - statement 
AraratBank Joins BAFT AssociationAraratBank Joins BAFT Association
No romanticism, businesses soberer now - Tigran Jrbashyan No romanticism, businesses soberer now - Tigran Jrbashyan 
More than 2/3 of Armenian entrepreneurs do business in the extractive sector and consumer servicesMore than 2/3 of Armenian entrepreneurs do business in the extractive sector and consumer services
Minister: 69 trucks with Armenian cognac heading to Russian borderMinister: 69 trucks with Armenian cognac heading to Russian border
Economy Minster  discussed upcoming tasks with  WB Country Office HeadEconomy Minster  discussed upcoming tasks with  WB Country Office Head
Papoyan: On June 27, 94 trucks carrying Armenian apricots entered Russia for exportPapoyan: On June 27, 94 trucks carrying Armenian apricots entered Russia for export
In Armenian interbank foreign exchange market, dollar transactions decreased, while ruble transactions increased June 23 to June 27, 2025In Armenian interbank foreign exchange market, dollar transactions decreased, while ruble transactions increased June 23 to June 27, 2025
Armenia, Turkey discuss opportunities for energy cooperationArmenia, Turkey discuss opportunities for energy cooperation
Overchuk: It is impossible for Armenia to be a member of both  Eurasian Economic Union and EU at the same timeOverchuk: It is impossible for Armenia to be a member of both  Eurasian Economic Union and EU at the same time
Prime Minister participates in  Supreme Eurasian Economic Council  regular meetingPrime Minister participates in  Supreme Eurasian Economic Council  regular meeting
Over AMD 12 Billion Provided by AraratBank in 2024 to Support the MSME SectorOver AMD 12 Billion Provided by AraratBank in 2024 to Support the MSME Sector
ENA nationalization bill classic indirect expropriation - expert ENA nationalization bill classic indirect expropriation - expert 
Armenia`s authorities to nationalize ENA by amending two laws Armenia`s authorities to nationalize ENA by amending two laws 
60-70 percent of word under CEPA roadmap done - Ministry of Economy60-70 percent of word under CEPA roadmap done - Ministry of Economy
Even small states with ambitions and technological maturity can play  a significant role in the global technological ecosystem: PashinyanEven small states with ambitions and technological maturity can play  a significant role in the global technological ecosystem: Pashinyan
Under  EAEU-  UAE Economic Partnership Agreement, 95% of Armenia`s  current exports to Emirates will receive preferential coverage Under  EAEU-  UAE Economic Partnership Agreement, 95% of Armenia`s  current exports to Emirates will receive preferential coverage 
Economy Minister: In the near future, several dozen more cars will  leave Gezi as part of the agreement with TbilisiEconomy Minister: In the near future, several dozen more cars will  leave Gezi as part of the agreement with Tbilisi
World Bank to provide Armenia with $1.5 million grant for Nairit  plant dismantling and land reclamationWorld Bank to provide Armenia with $1.5 million grant for Nairit  plant dismantling and land reclamation
Economy Minister on ENA nationalization: This is not an attempt by the state to take over private businessEconomy Minister on ENA nationalization: This is not an attempt by the state to take over private business
Concessions provided to Yerevan by Ulaanbaatar to cover 98% of exports from Armenia to MongoliaConcessions provided to Yerevan by Ulaanbaatar to cover 98% of exports from Armenia to Mongolia
Armenian NA to consider nationalization of ENA on July 1 Armenian NA to consider nationalization of ENA on July 1 
Armenia to extend ban on export of several agricultural products for another 6 monthsArmenia to extend ban on export of several agricultural products for another 6 months
Caroline Geginat concludes her mission in ArmeniaCaroline Geginat concludes her mission in Armenia
Armenia to receive loan and grant funds from KfW for expansion of renewables and energy efficiencyArmenia to receive loan and grant funds from KfW for expansion of renewables and energy efficiency
Changes in government`s medium-term expenditure program are merely simple reaction to uncontrollable events - Luys FoundationChanges in government`s medium-term expenditure program are merely simple reaction to uncontrollable events - Luys Foundation
IDBank Representative Joins the Editorial Board of Trade Finance GlobalIDBank Representative Joins the Editorial Board of Trade Finance Global
Armenia`s initiatives using AI presented in China Armenia`s initiatives using AI presented in China 
Armenian premier on management of nuclear capacities Armenian premier on management of nuclear capacities 
Armenia`s economic indicators `rather good` - premier Armenia`s economic indicators `rather good` - premier 
Some professional activities to become taxable from July 1, 2025Some professional activities to become taxable from July 1, 2025
Armenia`s premier attends opening ceremony of Armenia`s premier attends opening ceremony of "Homplex Mall"  construction materials center
How to Protect Your Bank Card DataHow to Protect Your Bank Card Data
Reduction in Armenia`s industry, index of prices for industrial  products shows slower rise Reduction in Armenia`s industry, index of prices for industrial  products shows slower rise 
Economic activity growth slows down, foreign trade in decline in Armenia Economic activity growth slows down, foreign trade in decline in Armenia 
RA Embassy: due to regional situation, Wizz Air has cancels flights to Yerevan until June 30RA Embassy: due to regional situation, Wizz Air has cancels flights to Yerevan until June 30
Armenia`s economy minister on results of talks with Georgian side Armenia`s economy minister on results of talks with Georgian side 
FlyOne Armenia acquired Airbus A321, enhancing its presence in aviation marketFlyOne Armenia acquired Airbus A321, enhancing its presence in aviation market
Maxim Evdokimov: We have not yet come to a  consensus on implementing  a fair roaming rateMaxim Evdokimov: We have not yet come to a  consensus on implementing  a fair roaming rate
Pashinyan discusses  Armenian Export Strategy 2025-2030   Pashinyan discusses  Armenian Export Strategy 2025-2030   
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 Currency Market

 Indicators


Talk of the day

Samvel Karapetyan`s family starts investment dispute with Armenia 

 Tuesday, July 1 2025
Samvel Karapetyan`s family starts investment dispute with Armenia 

ArmInfo. The family of the president of the Tashir Group of Companies Samvel Karapetyan is starting an investment dispute with the Republic of Armenia over the issue of Electric Networks of Armenia CJSC. This was reported in a statement by the press service of the group of companies.

Economy

Armenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSC

ArmInfo.At an extraordinary session of the National Assembly of the Republic of Armenia on July 1, discussions began in the first reading on the draft amendments to the laws aimed at nationalizing Electric Networks of Armenia CJSC. The package, which includes amendments to the laws "On Public  Services Regulatory Authority" and "On Energy", was developed by the ruling Civil Contract faction.

Armenia`s government to be entitled to approve new vehicle purchase support programmes

ArmInfo.  In order to develop passenger and freight transportation by certain types of transport,  the Armenian government will have the right to approve programs to support individuals and legal entities in acquiring new vehicles, as well as in increasing the volume of passenger and freight transportation.

Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer 
Armenian president holds bilateral meetings in Spain 

Finance and banks

AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000

ArmInfo. AraratBank is launching a new campaign - offering a special rate of AMD 7,000 for SWIFT money transfers up to EUR 20,000 - effective until October 31st this year.

ArmSwissBank: First in Armenia to Publish a Climate Transition Plan

ArmInfo.  ArmSwissBank has officially published its first Climate Transition Plan, marking its first formal climate transition strategy aligned with the goals of the Paris Agreement and Armenia’s long-term decarbonization pathway.

WB appoints Fabrizio Zarcone as its new Country Manager for Armenia
Customer Appreciation Day at IDBank

Insurance

In  Armenia`s insurance market, the loss ratio for OSAGO  decreased  to 73.2% by June 2025

ArmInfo. In the Armenian insurance market, the loss ratio for OSAGO has begun to decrease since 2025, amounting to 73.2% in January-May compared to 79.7% the previous year. as evidenced by data from the Bureau of Motor Insurers of Armenia.

Hail damages 8,700 hectares of agricultural land - official

ArmInfo.As of today, hail has damaged 8.7 thousand hectares of agricultural land. This was reported  in Parliament on June 11 by Deputy Minister of Economy of Armenia in charge of agriculture Arman Khojoyan.

 Zinapah Foundation beneficiaries  to acquire necessary knowledge and  skills for doing business
Armenian insurance market started to reduce compensation
Energy

Armenia, Turkey discuss opportunities for energy cooperation

ArmInfo."We met with the Minister of Territorial Administration and Infrastructure of Armenia David Khudatyan in Istanbul," Turkish Minister of Energy and Natural Resources Alparslan Bayraktar wrote on his social media account.  

Armenia to receive loan and grant funds from KfW for expansion of renewables and energy efficiency

ArmInfo. On June 26, the regular session of the Cabinet of Ministers of Armenia was held on the expediency of ratifying the Agreement .

Armenian premier on management of nuclear capacities 
Rosatom Service delivers 1,500 tons of new equipment to Armenian NPP

Technology

Team Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  opened

ArmInfo. Team Telecom Armenia and Team Systems under one roof: a Team Place sales and service center with a completely new concept has officially opened in the Homplex Mall hypermarket.

Armenia values development of  cooperation with Denmark in  high  technology and renewable energy

ArmInfo.On July 1, RA Deputy Prime Minister Mher Grigoryan received Ambassador of   Denmark to Armenia Anne Tovt Sorensen.

Ucom Launches 5G Network in Abovyan and Ejmiatsin
Even small states with ambitions and technological maturity can play  a significant role in the global technological ecosystem: Pashinyan

Real estate

Majority of transactions in Armenian regions involve land sales

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.

Apartment prices in Yerevan rose by 1.5% in a year, with a  corresponding 8.7%  increase in transactions 

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.

Order of cadastral evaluation of municipal lands discussed in Armenia 
Armenia`s parliamentary opposition calls for refraining from further property tax rise, government rejects proposal

Statistics

Reduction in Armenia`s industry, index of prices for industrial  products shows slower rise 

ArmInfo. In Armenia, the industrial price index decreased in January- May 2025 compared to the same period in 2024 from 102.2% to 102.1%. This was observed against the background of a deterioration in the annual dynamics of the industrial sector from 22% growth to 14.1% decline, with a volume of 1.03 trillion drams ($2.6 billion). This is evidenced by the preliminary data of the RA Statistics Committee. At the same time, in  May 2025, compared to May 2024, the industrial price index decreased much more noticeably - from 108% to 102.2%. During this period under review, the dynamics of the industrial sector also worsened to a 5.9% decline (from 6.9% growth a year ago). It is noteworthy that inflation was recorded in the consumer market of Armenia during these periods under review. 

Economic activity growth slows down, foreign trade in decline in Armenia 

ArmInfo. In Armenia, economic activity growth in January-May 2025 slowed to 5.7% per annum (from 11.2% in the same period of 2024). Moreover, the industrial sector, which acted as a growth driver a year earlier, is weakening the pace of economic growth with the current double- digit decline. According to preliminary data from the RA Statistical Committee, this is accompanied by a deterioration in the foreign trade trend from several-fold growth to a significant decline. 

Russia`s share in money transfers to Armenia 65% 

ArmInfo. In January-April 2025,  the net inflow of private transfers to Armenia decreased by 16.5% per annum (against a decline of 54.5% a year ago), amounting to $273.4 million. In particular, the inflow increased by 6% to $1.8 billion, and the outflow - by 11.4% to $1.5 billion.  This is evidenced by the data of the Central Bank of the Republic of Armenia. 

Lower population growth in Armenia

ArmInfo. In January-April 2025, 9,729 children were born in Armenia, which is 7.3% lower than the same period last year. The birth rate per 1,000 inhabitants for the reporting period was 9.6 per mille, compared to 10.5 per mille a year earlier. This is evidenced by the data of the RA Statistical Committee.

Armenia`s industry in decline 
Wine output in decline in Armenia 
Armenia`s foreign trade turnover  significantly decreased due to   sharp decline in  export and import of diamonds and gold
Reduction in Armenia`s industrial sector, index of industrial  products prices up
Exchange rates
01.07.2025
RUB4.910.01
USD385.320.85
EUR455.064.23
GBP530.703.90
CAD283.221.93
JPY26.950.28
CNY53.800.13
CHF488.555.98




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