Armenia | News
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Armenian News - Tert.am - 09:24 Mar 28, 2024
With the support of Viva-MTS and with joint efforts of Union of Employers of ICT (UEICT) and National Polytechnic University of Armenia (NPUA), two auditoriums renovated and turned into IoT labs have been opened at the 9th building of the university. Two well-equipped auditoriums provide a motivating educational environment. Since 2019, partner organizations have opened 11 auditoriums and a co-working space at NPUA to provide modern educational conditions for students and startups. Viva-MTS has invested AMD 184 million for this purpose. Government representatives, the Rector and faculty members of NPUA, Viva-MTS General Director and representatives of the Company, board members of UEICT, its Executive Director, as well as other members of the Union participated in the opening ceremony of the educational facilities. RA Deputy Minister of Economy Rafael Gevorgyan noted in his welcoming speech that not only the creation of appropriate infrastructure is important for strengthening the ties between education and b... -
Armenian News - Tert.am - 08:00 Mar 27, 2024
Ucom is set to commence a network modernization in various regions of Armenia. In particular, on March 28, the legacy Mobile Switching Subsystem will be replaced with a new one. This replacement is a part of a year-long network modernization project aimed at improving connection quality. Due to these planned works, some subscribers in Shirak, Aragatsotn, Kotayk, and Armavir marzes, as well as partially in Gegharkunik, Lori, and Ararat marzes, may experience direct call interruptions. The migration will be organized during nighttime to minimize inconvenience to customers, however, voice services may still be affected during the day. It should be noted that connection outages or call drops will affect mostly 3G connection and direct calls. We apologize in advance for any inconveniences this may cause and assure customers that they will be notified beforehand about future upgrades. -
Armenian News - Tert.am - 06:38 Mar 26, 2024
Ucom announces the launch of the modernization efforts aimed at enhancing the coverage and end-user performance of existing 4G+ networks in the regions of Armenia and the upgrade and expansion of the mobile network in preparation for the delivery of 5G-ready services. With the first batch from planned shipments of this year Ucom received an up-to-date systems and radio modules from Nokia. These up-to-date modules will be utilized to modernize a portion of Ucom’s regional sites enhancing coverage in those areas and extending LTE technology. The latest released baseband and radio modules are designed to support all known mobile technologies simultaneously, including 3G/4G+. This also will facilitate a seamless transition to 5G in the future, requiring only a software reconfiguration. "According to our vision, expanding and modernizing our regional networks is one of Ucom’s primary goals, as well as laying down the network of the future preparing our equipment to support 5G technology. Today this is the first st... -
Adevarul Romania - 14:34 Mar 16, 2024
Selecționerul naționalei Under-21 a României, Daniel Pancu, a anunţat lotul pentru meciul cu Armenia, ce va avea loc pe 26 martie, în deplasare, în calificările pentru Campionatul European de tineret din 2025, informează site-ul Federaţiei Române de Fotbal (FRF). -
Armenian News - Tert.am - 10:34 Mar 11, 2024
Ameriabank has been named the Best Bank in Armenia in sustainable finance for 2024. This achievement marks the fourth consecutive win for Ameriabank for funding initiatives designed to mitigate the negative impacts of climate change and help build a more sustainable future. Ameriabank stands as the sole recipient from Armenia to have been honored with this prestigious award since its inception in 2019. The winners, selected in 53 countries and territories, were chosen by the editors of Global Finance, based on entries, as well as independent research. Criteria for evaluation included governance policies and goals as well as measurable achievements in environmental and social sustainability financing. “Climate change concerns, regulations and increasing investor awareness have ensured growing demand for sustainable investments,” said Global Finance funder and editorial director Joseph Giarraputo. “Innovations in clean technologies, green finance instruments, and data analytics are also making sustainable finan... -
Armenian News - Tert.am - 13:06 Jan 31, 2024
Over a dozen diplomats accredited in Armenia and approximately 50 representatives from the business community took part in one of the most significant events in Armenia's business community – the annual business breakfast. The gathering aimed to foster discussions on business and culture, exploring potential collaborations. This event, organized for the third consecutive year, was a joint effort of Galaxy Group of Companies and the European Business Association, with active support and participation from European embassies accredited in Armenia. Aram Khachatryan, Co-Founder and Chief Executive Officer of Galaxy Group of Companies, highlighted the strategic significance of the European direction for Galaxy Group, emphasizing the presence of over 200 partners from Europe. He underscored the importance of such events as more than just breakfast, considering them a platform for fostering creative and innovative approaches. Mr. Khachatryan views these gatherings as an opportunity to address challenges, share succe... -
Armenian News - Tert.am - 11:59 Jan 17, 2024
Boosting green lending for SMEs and households, especially in agriculture, manufacturing, and small-scale renewable energy The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, is re-engaging with the leading Armenian SME bank ARARATBANK through the provision of a USD 5 million loan facility. In a significant move to drive sustainable development in Armenia, this strategic partnership with ARARATBANK aims to broaden the network of GGF partners on the ground and provide critical support for green lending initiatives directed at SMEs and retail clients. The funding will help the Bank in meeting the growing demand for green capital expenditures in key sectors, such as agriculture, food processing, manufacturing, and construction. Additionally, it will support individual households in adopting energy efficient systems and eco-friendly practices, including the implementation of small renewable energy measures. The Fund’s support extends beyond financing, incorporating a dedicate... -
Armenian News - Tert.am - 07:28 Jan 10, 2024
A long-term loan facility to prioritize women in business The European Fund for Southeast Europe (EFSE) reaffirms its commitment to fostering economic development in Armenia by providing a USD 5 million senior loan facility to its long-standing partner ARARATBANK. With this new facility, the partners aim to facilitate access to finance for micro-, small-, and medium-sized enterprises (MSMEs) and importantly those that are majority-owned or led by women and contribute to increased business competitiveness and inclusiveness in Armenia. ARARATBANK is a leading SME financier in the country with a proven strong track record in gender finance. EFSE’s investment will further solidify the Bank’s dedication to supporting women-owned or -led enterprises and promoting socio-economic empowerment and inclusiveness. EFSE Regional Director Oxana Binzaru said: “We are honored to continue our journey with ARARATBANK, a trusted partner that shares our mission to foster economic development. This USD 5 million investment is a t... -
Armenian News - Tert.am - 07:03 Dec 19, 2023
Statistics show that almost 3 billion people around the world shop online every year. The trend of sharp increase in purchases has also increased significantly in recent years in Armenia. Globbing company, which is also a leader in Kazakhstan and Uzbekistan, makes it possible for people in Armenia to make and receive orders from the most famous online stores from 8 countries over the world by providing foreign addresses. Globbing's foreign warehouses continue to work in emergency mode. A high shipping rate has been set for Black Friday online shopping. Globbing managed to deliver most of the parcels significantly earlier. For example, in the US warehouse, despite a 37% increase in orders, 99% of parcels were registered on the same day; most in just 4 hours on average, in the case when registration usually takes 24 hours and 48 hours during peak periods. This year, foreign stores also have provided up to 90% discounts for the most popular products. During Black Friday and the following Cyber Monday, Globbing e... -
Armenian News - Tert.am - 13:07 Nov 17, 2023
Ameriabank has been recognized as the Best Bank for Digital Solutions in Armenia for the year 2023, as announced by Euromoney magazine in its Awards for Excellence. The magazine emphasizes Ameriabank's commitment to digital innovation and transformative technology, which has surpassed that of its peers over the past 12 months. According to the magazine, Ameriabank’s impressive digital metrics include a remarkable 46% year-on-year increase in its internet and mobile banking user base, with active users growing by an impressive 67% across all channels. Ameriabank also distinguished itself by recording around 12 million electronic transactions on its channels, setting a new record in the market. For several years, the bank has offered an online onboarding solution for physical clients, allowing them to open their first bank account or order their first card online. In 2023, the Bank introduced an end-to-end solution that automates the customer identification process, eliminating the need for calls. As a result, ... -
Armenian News - Tert.am - 11:49 Nov 14, 2023
The website-building platform Ucraft Next has achieved a significant milestone by becoming the first company in Armenia to receive Fiverr certification. Fiverr, a globally popular platform, connects users with professionals across various fields for a wide range of tasks and services. Now users can find Ucraft Next Ucraft Next specialists on the platform who specialize in building online stores, who can assist in creating a professional website, designing a logo and brand identity, updating an existing website, or providing consultations for any business. Upon registering on Fiverr, all one needs to do is find the right Ucraft Next specialist, furnish them with the necessary information, and specify the website requirements. This presents an excellent opportunity for businesses to receive professional assistance in crafting their perfect website. One of Ucraft Next's notable advantages is its diverse array of features and integrations for building online stores. For users in Armenia, there are also integratio... -
Armenian News - Tert.am - 07:22 Nov 07, 2023
Amidst the picturesque landscapes of Armenia's Lori province lies Margahovit, a village teeming with untapped potential. It is here that Goqor Bandikian, born in New Jersey to parents from Yerevan, has embarked on a journey to introduce sustainable agricultural practices that promise to uplift the local community. Goqor's connection to his Armenian heritage was deepened in Los Angeles, where he immersed himself in the city's vibrant Armenian community. But it was his life-changing experience with Birthright Armenia in 2006 that truly anchored his bond to his homeland. Through this initiative, Goqor interned at the Ministry of Finance in Yerevan, an experience that not only fortified his professional acumen but also brought him closer to the Armenian way of life. In 2007, Goqor's path took a significant turn when he met his wife through a program at the Central Bank of Armenia. Their relationship blossomed, and in 2010, they got engaged. It was during this time that she introduced him to Margahovit, her hometo... -
CEENERGYNEWS - 14:33 Sep 21, 2022
'Chapter Zero Ukraine and Caucasus' has been launched under the umbrella of the Climate Governance Initiative. Board members and executives of financial and non-financial corporations from Ukraine, Georgia and Armenia will now be able to join a global network promoting the adoption of effective climate governance. -
CEENERGYNEWS - 12:03 Aug 19, 2022
The Eurasian Development Bank will provide up to 37 million US dollars to finance the construction of 11 solar power plants with a total capacity of up to 65 MW in Armenia. -
ukrinform.net - 19:50 Mar 24, 2022
Russian authorities have set up a series of rallies in Serbia, Bulgaria, Armenia, and Syria to misinform the international community. At the same time, this did not help the Kremlin implement its plans. -
ukrinform.net - 18:48 Mar 18, 2022
The Russian Federation, trying to restore the combat capability of its units in the territory of Ukraine, plans to transfer to Ukraine some units from the 102-nd Russian military base in Armenia.