ArmInfo.SHASTA, the large Iranian holding, the investment arm of the Social Security Investment Company (SSIC), is considering investing in a number of areas in  Armenia. This became known after the meeting of the Minister of  Economy of Armenia Vahan Kerobyan with the delegation of the Iranian  holding, headed by Director General Mohammad Rezvanifar.

ArmInfo.Ms. Sabine Gaber, member of the Executive Board at OeEB (Development Bank of Austria), talks about OeEB’s mission, actions taken in response to the economic impact of the pandemic in the developing countries and the long-lasting and successful partnership with Ameriabank. 

ArmInfo.The Minister of Economy of Armenia Vahan Kerobyan received the Ambassador Extraordinary and Plenipotentiary of Canada to the RA Alison LeClaire, yesterday, the press service of the department reported today.

ArmInfo. Previous effective cooperation can form the basis for strengthening further  partnerships. This was announced during the online meeting of the EU  Ambassador Extraordinary and Plenipotentiary to Armenia Andrea  Wiktorin and the Minister of High-Tech Industry (HTI) of Armenia Hayk  Chobanyan.

ArmInfo.The Ambassador of the European Union to Armenia and the leadership of the Armenian Nuclear Power Plant (ANPP) discussed the possibilities of expanding  cooperation within the framework of projects to ensure a high level  of responsible and safe management of spent fuel and radioactive  waste within the CEPA framework. This became known following the  working visit of the EU Ambassador Extraordinary and Plenipotentiary  to Armenia Andrea Wiktorin to the Metsamor NPP.

ArmInfo. Deputy Chairman of the Board of the Eurasian  Development Bank (EDB) Tigran Sargsyan during his speech at the opening of the seminar "Russia and Europe: New Challenges for Economic Cooperation and Overcoming the Pandemic" noted the importance and effectiveness of international digital solutions in the context of the global spread of the virus.

ArmInfo.The international rating agency Moody's Investors Service confirmed the long-term rating of CJSC "Electric Networks of Armenia" at the BA2 level with a  stable outlook. The rating of the company is unprecedented both for  companies of Armenia and the region.  

ArmInfo.5 November, 2020 Ameriabank has entered into long-term subordinated loan agreement with Symbiotics SA for USD 15 million, with possible increase up to USD 25 million. The funds qualify as Bank Tier 2 capital instrument under Basel III framework and are aimed at strengthening the overall capital position of the Bank.

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ArmInfo. 42 Chinese specialists of the Sinogidro Corporation arrived in Armenia to  participate in the construction of roads within the Tranche-3  investment program under the North-South project (Talin-Lanjik - 18.7  km and Lanjik-Gyumri - 27.5 km). The representative of the  <Sinogridro Corporation> company informed representatives of the  Ministry of Territorial Administration and Infrastructures of Armenia  about this.

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ArmInfo. The communications market of Armenia ceases to be part of the world telecom and is locked within its small borders. The news published in the media that MTS following VEON is going to leave Armenia is depressing.

ArmInfo. On May 12, Minister of Territorial Administration and Infrastructures of Armenia Suren Papikyan had a telephone conversation with Chinese Ambassador to RA  Tian Erlun.

ArmInfo. The Ministry of Territorial Administration and Infrastructures sent a letter to the Tian Erlun, Ambassador Extraordinary and Plenipotentiary of the  People's Republic of China to the RA, in connection with the  situation related to the departure of the Chinese company Sinohydro,  which is a contractor in the North-South construction project. This  was announced on May 6 by the Minister of Territorial Administration  and Infrastructures of the Republic of Armenia Suren Papikyan during  questions and answers in the National Assembly of the Republic of  Armenia.

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ArmInfo. Ambassador of Armenia to the Russian Federation, Plenipotentiary Representative of the Republic of Armenia to the Committee on Economic Affairs at the  Economic Council (EC) Vardan Toghanyan in Moscow takes part in the  85th meeting of the EC of the Commonwealth of Independent States  (CIS).

ArmInfo.A number of French enterprises are interested in developing business in Armenia. Ambassador Extraordinary and Plenipotentiary of France to Armenia Mr.  Jonathan Lacote stated this during a meeting with Minister of Economy  of the Republic of Armenia Tigran Khachatryan. He noted that business  sees real opportunities in Armenia today.