Economy

Brewing Giant Carlsberg to Buy Armenia’s Pepsi Bottler and Run It With Georgia and Azerbaijan as One South Caucasus Cluster

Danish brewer Carlsberg has agreed to acquire Armenia's PepsiCo bottler, taking over the production, sale and distribution of PepsiCo's soft drinks in the country, in a transaction that still...

ROQ Capital Launches New AI-Powered App for Users in Armenia to Trade U.S. Stocks and International Markets

Yerevan-based ROQ Capital has launched ROQ Markets, a new AI-powered investment app that lets...

Armenia to Export Up to 40 Tons of Fresh Produce a Week to UAE Starting in September Under New Deal

Armenia will begin exporting up to 40 tons of fresh fruit and vegetables a...

Armenia Opens New 10-Hectare AI-Run Tomato Greenhouse in Aragatsotn With a $26.7 Million Investment

Agro Prom has opened a state-of-the-art tomato greenhouse in Aragatsotn Province, investing roughly 9.7...

Armenia’s Exports to the Eurasian Economic Union (EAEU) Hit $1.8 Billion in the First Seven Months of 2025

Armenia’s exports to the Eurasian Economic Union (EAEU) totaled $1.78 billion between January and July 2025, Economy Minister Gevorg Papoyan announced. The figure represents...

Team Telecom Armenia to Become First in Region to Replace 2G with Advanced Networks, Launching Program to Provide New Phones to Subscribers

Team Telecom Armenia has announced the launch of a large-scale project to optimize and modernize its mobile network. Aimed at significantly improving connectivity and...

Armenia’s Economy Minister Says $13.3 Million Gained From $6 Million Jennifer Lopez Concert as 15,000 Tourists Attend, Calls for More International Star Performances

Armenia’s Economy Minister Gevorg Papoyan said on Facebook that the country received over $13.3 million in returns for the $6 million invested in Jennifer...

Armenia’s Economic Activity Index Up 5.7% in January–May 2025, Led by Construction And Services Growth, Despite Sharp Industrial Decline

Armenia’s economic activity index rose by 5.7% in the first five months of 2025 compared to the same period last year, according to data...

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