Karen Karapetyan Familiarized with Grand Candy’s Development Projects
Prime Minister Karen Karapetyan visited today Grand Candy Company. The Head of Government toured the premises getting familiar with the technology and production conditions in place. The Prime Minister was briefed on Grand Candy’s main performance indicators and future plans. The proceeds of sales stood at AMD 23 billion in 2016. Exports rose to 1430 tons of confectionery due to a USD 9 million-worth investment last year. The company employs 3 thousand workers, with an ever growing... more »
PM instructs to speed ip Syunik Marz FEZ establishment process
Chaired by Prime Minister Karen Karapetyan, a consultative meeting was held today in the Government to discuss issues related to the establishment of a free economic zone (FEZ) in Syunik Marz of Armenia. Minister of Economic Development and Investment Suren Karayan said that following discussions held with the representatives of the RA Chamber of Commerce and Syunik Free Economic Zone LLC, it was decided to set up a Syunik FEZ organizing company. Karen Karapetyan was provided details... more »
PM instructs to deal with the problem of unemployment, especially female unemployment in Lori Marz
A regular Cabinet meeting was held today, chaired by Prime Minister Karen Karapetyan. Before proceeding to the agenda, the Prime Minister gave a number of instructions. Evoking his recent trip to Lori Marz, the Prime Minister said to have seen many opportunities to create new jobs in the Marz, especially for women, and went on to advise that that a relevant instruction has been given to Minister of Economic Development and Investment Suren Karayan. The Prime Minister said that there... more »
KPMG to Present Armenia’s Investment Environment in International Arena
Attended by Prime Minister Karen Karapetyan, a memorandum of agreement was signed between the RA Ministry of Economic Development and Investment and KPMG. The Memorandum was signed by Minister of Economic Development and Investment Suren Karayan and KPMG Russia and CIS Partners Board member Victor Akulyan. According to the Memorandum, KPMG shall provide information materials on Armenia’s investment and business environment to be presented at different international platforms.... more »
Karen Karapetyan briefed on enterprise development plans in Ararat Marz
Prime Minister Karen Karapetyan paid a working visit to Ararat Marz. Karen Karapetyan first called at International Masis Tabak, where he was introduced to the company’s manufacturing activities, tobacco processing process, the production of cigarette packs and labels. The company employs 580 people with an average salary of 140 thousand drams. 8.5 million tons of tobacco raw materials were harvested from 705 hectares of cultivated land in Armenia and Artsakh throughout 2016 resulting... more »
“Our ultimate goal is to provide normal living conditions for all citizens in each community of Armenia” - PM travels to Shirak Marz
Prime Minister Karen Karapetyan paid a working visit to Shirak Marz of Armenia. The Prime Minister first laid a wreath at the memorials to Armenian Genocide victims and Great Patriotic War heroes. The Prime Minister called at Mets Mantash, Pokr Mantash, Saralanj, Nahapetavan and Horom communities to discuss the problems faced by their residents. The Premier answered the questions raised during the meetings, which specifically bore on welfare, community infrastructure, lending conditions,... more »
Karen Karapetyan Meets with EBRD, Amber Capital Representatives to Discuss New Fund’s Activities
Prime Minister Karen Karapetyan received the representatives of the European Bank for Reconstruction and Development and Amber Capital Company. The meeting focused on the activities of the private equity fund to be established by the Government of the Republic of Armenia and the European Bank for Reconstruction and Development, which will be managed by Amber Capital according to the preliminary results of the tender announced for the selection of a manager. In particular, reference was... more »
Sam Simonyan introduces higher education inter-university center program to Prime Minister
Prime Minister Karen Karapetyan received founder of Tumo Center for Creative Technologies Sam Simonyan. The interlocutors discussed issues related to the establishment of the Inter-University Center for Higher Education. Highlighting the importance of reforms in the system of higher education, Karen Karapetyan welcomed Mr. Simonyan’s initiative in this area. The Premier stressed that the Government is prepared to support the implementation of the program, adding that it will... more »
PM Reviews Implementation of Reforms with UN Assistant Secretary-General
Prime Minister Karen Karapetyan met with Magdy Martínez-Solimán, UN Assistant Secretary-General, UNDP Assistant Administrator and Director of the Bureau for Policy and Program Support. Issues related to continued cooperation between the Center for Strategic Initiatives and UNDP were discussed at the meeting. Karen Karapetyan thanked Magdy Martínez-Solimán for technical assistance provided to the Center for Strategic Initiatives and noted... more »
Karen Karapetyan Pays Working Visits to Armavir, Aragatsotn Marzes
Prime Minister Karen Karapetyan paid working visits to Armavir and Aragatsotn Marzes of Armenia, during which the Premier called at Hatsik, Myasnikyan, Lernagog, Arteni, Aragatsavan and Dashtadem communities. The Head of Government talked to the locals asking about the problems, answering their questions and speaking about his government’s development plans. Karen Karapetyan urged the residents to get acquainted with and discuss the five-year community development programs and only... more »
