ArmInfo.

ArmInfo.The Armenian government wants to introduce a new agreement format - SAFE (Simple agreement for future equity). At the plenary meeting on March 19, the National Assembly of the Republic of Armenia is discussing amendments to the law "On Joint-Stock Companies" in the first reading.

ArmInfo.Armenia's Ministry of Economy has initiated changes to the RA Law "On Joint Stock  Companies", which provides for the introduction of a new format for concluding an agreement - SAFE (Simple agreement for future equity. 

ArmInfo. The second Amundi-Acba Economic Forum 2024 was held in Yerevan on January 24, which brought together thought leaders, industry experts, and innovators to explore and discuss critical topics shaping the economic landscape.  Jean Mazedjian, CEO of Amundi-Acba Asset Management, mentioned during his greeting that, taking into account the results of last year's forum, it was decided to make the event  traditional and hold it every year.

ArmInfo. Team Telecom Armenia summed up the results of 2023, which was marked by the company's entry into the capital market, the construction of a new generation network, the re-equipment of mobile stations, the launch of the Team Energy project and a number of other initiatives.

ArmInfo. Emphasizing the importance of development of the regions and programs implemented  within the framework of social responsibility, Team Telecom Armenia begins cooperation with Loft to promote the activation and dissemination of educational, cultural, entertainment projects for young people in the regions of the country. This is stated in the Team message.

ArmInfo. The debut issue of three-year EDB bonds, denominated in US dollars, was included in the Armenia Securities Exchange’s (AMX) Abond main list as of 26 October 2023. Prior to that, the exchange’s infrastructure was modernised with a grant provided by the Eurasian Development Bank’s (EDB) Technical Assistance Fund, resulting in more than doubling the total value of listed securities. Nikolai Podguzov, Chairman of the EDB Management Board, made this announcement during his visit to Armenia.

ArmInfo.Amundi-Acba Asset Management CJSC made a major investment from the assets of the Balanced and Conservative Pension Funds under its management in the equities of Telecom Armenia OJSC by participating in the initial public offering.

ArmInfo. The LogX team became the winner of the CaseKey 2023 business problem solving initiative competition, offering the best solutions for the strategic  development of the Team Telecom Armenia telecommunications operator  in the context of the latter's IPO undertaking. As a result, the LogX  team will receive shares in Team Telecom Armenia.

ArmInfo. The next competitive stage of the CaseKey 2023 business problem solving initiative has  started at the American University of Armenia, the participants of which this time should make proposals for the strategic development of the Team Telecom Armenia telecommunications operator in the context of the latter's IPO.

ArmInfo. If we look at the structure of the financial sector in Armenia, then banks are predominant, and our citizens do not have enough opportunities in the context of investment and savings.  Armen Nurbekyan, Deputy Governor of the Central Bank of Armenia, said during the initial public offering (IPO) of the Team Telecom Armenia telecommunications company. 

ArmInfo. In such a short period of time, this year alone, the Team Telecom Armenia telecommunications  company, managed to make breakthrough steps in the domestic telecommunications market, first, it showcased itself as group of companies (Team Pay, Team Solutions, Team Systems and buy. am), Then followed the acquisition of shares of one of the leading telecommunication operators in Georgia (SkyTel) and, finally, an  company undertook its initial public offering (IPO).

ArmInfo. Krisp co-founder Artavazd Minasyan and WEB co- founder Albert Toneyan became  independent members of the Board of Directors of the telecommunications company of Team Telecom Armenia, reported in the company's press release received by ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo."Telecom Armenia" OJSC (trademark: Team Telecom Armenia) has issued and is allocating stocks  through a public offering, giving everyone the opportunity to participate in the development of the company, make an investment, share the success and become the shareholder of Team.  

ArmInfo.Governorof the Central Bank of the Republic of Armenia Martin Galstyan left the board of the Board of the AMX|Armenia Securities Exchange. He announced this on March 14 during a press conference.

ArmInfo. Switzerland’s Symbiotics Investments ranks Armenia in fourth place, along with Peru and Uzbekistan, in terms of the volume of investments it provides. The firm is the largest private investor in the country’s financial sector, providing resources for the development of small and medium-sized businesses. Symbiotics Investments Regional Manager Alexandr Fando provided this information during a conversation with an ArmInfo correspondent during the celebration of the first anniversary of the opening of the regional office in Yerevan.

ArmInfo.

ArmInfo. This year, one of the largest banks in Armenia, ACBA Bank, has made an extremely serious claim in the market. Due to the accumulated profit, the bank increased its authorized capital from 30 to 50 billion drams, and in mid-September announced an open and free subscription to its shares for a total of 7.5 billion drams.