Business

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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Following WSJ Report, Firebird Co-Founder Offers Context: Armenia AI Project Has Roots Going Back Years, Built to Make Armenia a Global Technology Powerhouse

The Wall Street Journal reported this week that U.S. negotiators used access to NVIDIA's...

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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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Latest

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 billion drams, or about $26.65 million, Armenia's Economy Ministry said. The...

Armenian-Owned E-auto Invests $5 Million to Open HONGQI’s Largest Regional Center in Yerevan

E-auto opened a nearly 3,000 square meter HONGQI center at 40/3 Rubinyants Street in Yerevan on August 21, investing around $5 million in what...

S&P Cuts Armenia’s 2026 Growth Forecast to 4.9% as Russian Bans Hit Armenian Exports Worth 2% of GDP

S&P Global Ratings affirmed Armenia's BB-/B long- and short-term foreign and local currency sovereign credit ratings and kept the outlook on the long-term ratings...