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  • Archive for February 18th, 2011

    Eight insurance companies post 515.4 million drams in net losses in 2010

    Friday, February 18th, 2011

    Armenia’s eight insurance companies posted 515.4 million Drams in net losses in 2010 against almost one billion Drams in net profits earned in 2009.

    It may take 2-3 years for economy to recover to before-the-crisis level; Central Bank ex-governor

    Friday, February 18th, 2011

    A former governor of Armenia’s Central Bank said today it may take the country’s economy from 2 to 3 years to recover to before-the-crisis level

    Growth Rates Of Earning Indicator From The Sale Increased By 21.8% In December In A Number Of Large Armenian Companies

    Friday, February 18th, 2011

    Growth rates of earning indicator from the sale of a number of large Armenian enterprises increased by 21.8% making 239.5 billion drams in December versus 2009.