Tag Archives: construction

Armenia Seeks Another Major Loan from Russian-Led Group

The Armenian government moved on Thursday to obtain yet another large-scale foreign loan which it hopes will help the country overcome the ongoing economic crisis.

Armenian Cement Plant Closed Down Amid Construction Slump

Citing a continuing slump in construction, one of Armenia’s two cement factories halted production operations and effectively laid off most of its 600 workers on Wednesday.

Gordon Urges Turkey to Drop Karabakh Condition For Armenia Ties

Within days of Turkish Prime Minister Recep Tayyip Erdogan clearly linking the normalization of relations between Ankara and Yerevan to a resolution of the Nagorno-Karabakh conflict, a senior US State Department official urged Turkey to make progress on normalization efforts without setting preconditions.

Armenia’s Tycoons Cut Donations to Armenia Fund Charity

Armenia’s leading oligarchs have all but stopped funding a pan-Armenian charity that has been implementing large-scale infrastructure projects in Nagorno-Karabakh, it emerged on Wednesday.

88 Earthquake Commemorated as Authorities Downplay Failure to Rebuild Gyumri

Officials on Monday downplayed the government’s failure to rebuild regions devastated by the 1988 earthquake, insisting that reconstruction is going according to plan as Armenia marked the 21st anniversary of the calamity that killed 25,000 people and left hundreds of thousands of others homeless.

Russia to Own 50 Percent of New Armenian Nuclear Plant

Armenia’s government unveiled on Thursday plans to create a Russian-Armenian joint venture tasked with building a nuclear power station in place of the aging soviet-era facility at Metsamor by 2017.

Historic Youth Center Opens Doors In Glendale

The Armenian Cultural Foundation (ACF) Glendale Chapter marked the opening of its long anticipated Youth Center on Sunday, July 12 as hundreds from the community attended a special ribbon cutting ceremony to inaugurate the new building, located at the center of a diverse and growing city of over 200,000.

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