Analysis: growth of earnings from Armenian companies’ sales slows down by 4.1% in 2009

YEREVAN, February 17. /ARKA/. Growth of Armenian companies’ earning from sales slowed down by 4.1% in 2009, compared with 2008, to AMD 1793.8 billion by late December, Armenian State Revenue Committee said after analyzing large taxpayers’ indicators.

Earnings from sales of Pure Iron Plant, Zangezur Copper and Molybdenum Combine, Armenian Molybdenum Production, Armenian-Canadian Grand Tobacco, Armenia-International Airports, Armenian Railway, Pares-Armenia, Agarak Copper and Molybdenum Combine, Mikmetal, Yerevan Brandy Factory, Zangezur Mining and Toyota Yerevan shrank by AMD 128.4 billion in 2009, compared with 2008, to AMD 166.9 billion.

The committee has analyzed 325 large taxpayers’ 2009 indicators. ($1 = AMD 381.33).-0-

spot_img

POPULAR

EBRD to provide $20 million to support refugees and young entrepreneurs in Armenia

The EBRD will provide $20 million (€17.1 million) to improve access to finance for refugees and young entrepreneurs in Armenia, the EU Delegation to Armenia announced on Facebook.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

Collapse of the US currency market could negatively impact Armenia – Central Bank

A collapse of the US currency market could negatively impact the Armenian market, stated Martin Galstyan, Governor of the Central Bank of Armenia.

Armenia’s insurance market is undervalued but has significant growth potential: Deputy Governor of the Central Bank

Armenia's economy maintains high growth rates and macroeconomic stability, creating a favorable environment for insurance development, said Deputy Governor of the Central Bank of Armenia Armen Nurbekyan.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 5, 2026, fell by 0.05 points compared to June 4, to 368.54 drams.

LATEST NEWS

spot_imgspot_imgspot_img