Economy

100 New Starlink Terminals Arrive In Armenia To Bring Fast, Stable Internet To Remote Schools Nationwide

A new batch of 100 Starlink terminals, donated to the Government of Armenia, has arrived in the country through cooperation between the American company Starlink and Armenia’s Ministry of...

Armenia’s GDP Grows 7.2% In 2025, Reaching $29.2 Billion

Armenia’s Gross Domestic Product (GDP) in 2025 increased by 7.2% compared to 2024, totaling...

Armenia Building The Region’s Largest Chocolate Factory With €145 Million Investment, Creating Up To 2,000 Jobs

Armenia is building the region’s largest chocolate and confectionery factory, backed by a €145...

American Fast Food Giant Wendy’s Opens First Restaurant in Yerevan, Armenia, Launching a Nationwide Expansion to 20 Locations by 2030

American fast food giant Wendy’s has officially entered the Armenian market with the grand...

EBRD Funds Largest Road Project In Armenia With €236 Million Loan For Sisian-Kajaran Road Construction As Part Of North-South Corridor

The European Bank for Reconstruction and Development (EBRD) will provide a €236 million loan to Armenia for the construction of a new 24.2 km...

Rick Caruso Endorsed For Los Angeles Mayor By ANCA Local Chapters

Rick Caruso has been endorsed by the Armenian National Committee of America's Hollywood, Sunland-Tujunga, and San Fernando Valley chapters in the Los Angeles Mayoral...

Asseco Group, One of Europe’s Largest IT Companies, Is Opening An Office In Armenia

One of Europe's largest IT companies, Asseco Group, the main IT company of the EU-Asia Business Finance Center Holding, which has more than 60...

Germany’s Lufthansa Will Be Entering The Armenian Market In August, 2021.

The German-based Lufthansa airline will be entering the Armenian market on August 13, 2021 after the successful completion of negotiations, informs Zvartnots. The airline will...

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