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Business

Danil Khachaturov may buy Rosgosstrakh
Russia has decided to sell its package of shares in Rosgosstrakh - the largest insurance company in Russia. The Russian Federal Agency for State Property Management has defined the initial price for the package as 8.7 billion rubles.
Tue, 31 Aug 2010 04:14:35 -0500

Armenian firms suggest supplying meat for Turkey
Armenian companies have proposed exporting red meat to Turkey to satisfy growing demand in the country despite border disputes between the two countries.
Thu, 26 Aug 2010 07:59:04 -0500

Buckwheat prices skyrocket in Armenia
Tense and speculative situation in the world wheat market and the newly-sparked buckwheat deficit in Russia are already affecting also Armenia.
Wed, 25 Aug 2010 05:54:42 -0500

Are Armenian internet users protected against cyber attacks?
Internet users in Turkey and Russia are among the least protected against cyber attacks, a research conducted by AVG Company has revealed.
Tue, 24 Aug 2010 06:00:45 -0500

Nabucco group scraps plan for Iranian gas supply
European energy companies have shelved a plan to source gas from Iran to Europe via the European Union-backed Nabucco gas pipeline given Iran's political situation, the Nabucco consortium said Monday.
Tue, 24 Aug 2010 05:49:45 -0500

Armenal has new general director
Largest Russian aluminum producer Rusal has a new general director in Armenal, its branch in Armenia.
Mon, 23 Aug 2010 07:47:46 -0500

US warns Turkish firms on deals with Iran
Turkish companies that continue their relations with Iran in defiance of sanctions risk having all business ties with the United States severed, a U.S. government delegation to Turkey has reportedly warned.
Sat, 21 Aug 2010 04:31:31 -0500

Iran is potential wheat market for Armenia to import
Armenia is considering Iran as a positional market for wheat imports after Russia imposed a ban on its wheat products following a drought season and wildfires affecting many parts of the country.
Thu, 19 Aug 2010 08:17:20 -0500

Jolie and Pitt launching children's clothing line
Angelina and Brad will launch a children's clothing line. Inspired by fashion styles of their children - Madoxx, Zahara, Pax, Shiloh. Money from sales will go to the Foundation Jolie-Pitt, which supports humanitarian causes worldwide.
Wed, 18 Aug 2010 07:59:00 -0500

Viticulture and brandy-making sectors still crisis-hit
Armenian farmers are expecting good and high-quality grapes yield this year in comparison with 2009, President of the Union of Winemakers Avag Harutyunyan said at a press conference today.
Tue, 17 Aug 2010 07:58:00 -0500

Passenger flow on the increase in Zvartnots Airport
Armenia's main Zvartnots International Airport has during January-July 2010 had 5340 landings and flights. Last year that number was 4624.
Mon, 16 Aug 2010 08:24:55 -0500

German economy sees record growth of 2.2%
The German economy grew by 2.2% in the three months to the end of June, its fastest quarterly growth in more than 20 years, official figures show.
Sat, 14 Aug 2010 05:08:57 -0500

Troika Dialog brings first ever revenues to Standard Bank
Troika Dialog Group has secured 70 per cent of all the proceeds South African Standard Bank has had from all its joint enterprises.
Fri, 13 Aug 2010 07:16:04 -0500

General Motors boss to stand down
The chief executive of the US car giant General Motors has announced plans to resign. Edward Whitacre will leave the role in September, after taking over last year to guide the company through restructuring.
Fri, 13 Aug 2010 05:48:13 -0500

Deadline for flour market players to report on their activities is expiring
August 12 was the deadline State Commission for Protection of Economic Competition of the Republic of Armenia had set for two largest wheat importers to provide the Commission with information about their activity in the wheat flour market, SCPEC spokesperson Nelly Danielyan told.
Thu, 12 Aug 2010 07:09:49 -0500

London penthouse apartment sells for record £140 million
A central London penthouse flat is being reported to have been sold for a whopping £140 million, which makes it the most expensive in the world.
Wed, 11 Aug 2010 08:50:53 -0500

Ukraine blocking wheat exports: Businessmen capitalize on the situation
Ukraine’s authorities and representatives of business are blocking wheat exports from the country.
Tue, 10 Aug 2010 05:22:34 -0500

Wheat ban may be extended beyond 2010
Russian Prime Minister Vladimir Putin has warned this year's grain harvest - hit by fire and drought - will be worse than previously forecast. The harvest is now expected to be 65 million tonnes, but could be as low as 60 million tonnes, Mr Putin said.
Tue, 10 Aug 2010 05:06:49 -0500

New owner brings hope to Shirak club
Gyumri's "Shirak" football club will restore its position in the Armenian football as it is having now a new proprietor - Arman Sahakyan, President of Sovrano Group.
Mon, 09 Aug 2010 09:05:39 -0500

Surging bread and flour prices in Armenia
Russia's recent move to impose a ban on wheat exports has caused a rise in wheat prices in the world market. Prices in Armenia have been affected too.
Mon, 09 Aug 2010 08:09:32 -0500

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