Tag Archives: Drams

Government Again Fails To Sell ‘Opposition’ Firm

The Armenian authorities have again failed to sell off a mineral water company that was controversially confiscated from a wealthy opposition-linked businessman, a senior official said on Wednesday.

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.

Government Makes New Bid To Sell ‘Opposition’ Plant

The Armenian authorities will make another attempt this week to sell off a mineral water company that was controversially confiscated from a wealthy opposition-linked businessman.

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.

Armenian Government Approves 2010 Budget

The Armenian government approved on Thursday the final version of next year’s budget and is set to submit it to parliament for consideration and approval, Finance Minister Tigran Davtian told reporters.

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