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...

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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...

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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...

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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...

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Latest

Armenia’s GDP Increases 5.2% in Quarter 3 Of 2024

Armenia's GDP grew by 5.2% in the third quarter of 2024 compared to the same period in 2023, reports Armenpress. The country's GDP in Q3...

Armenia’s Exports To The U.S. Increase By 25% To $50.2 Million While Overall Trade Turnover Declines By 59%

Armenia's exports to the United States increased by 25% in the first ten months (January-October) of 2024, reaching $50.2 million, according to a Facebook...

Colliers International Secures $250 Million Mandate To Build State-Of-The-Art World Trade Center In Armenia’s Capital, Yerevan

Colliers International, a top global commercial real estate brokerage, has secured a $250-million mandate through its division Colliers Project Leaders " Middle East, a...