Tanik Vayq, a pipe manufacturing company in Armenia, has expanded its operations to include the production of polymer-sand tiles made from recycled plastic and sand.
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Archive for August, 2024
Tanik Vayq launches eco-friendly tile production using recycled plastic with Acba’s support
Saturday, August 31st, 2024Yerevan hosts children's book festival supported by VTB Armenia
Wednesday, August 28th, 2024The children’s book festival “Newmag Back To School” was held in Yerevan with the support of VTB Armenia.
Ardshinbank granted preliminary approval to acquire majority stake in HSBC Bank Armenia
Tuesday, August 27th, 2024The Board of Armenia’s Central Bank granted preliminary approval for Ardshinbank CJSC to acquire a significant direct shareholding of 75% or more in the charter capital of HSBC Bank Armenia, the regulator reported on Tuesday.
Broker BCS resumes AMD transactions
Tuesday, August 27th, 2024Brokerage firm “BCS World of Investments” resumed operations for the deposit and withdrawal of Armenian drams and Kazakh tenges
Unibank opens renovated branch in Ashtarak
Tuesday, August 27th, 2024Unibank has opened its newly renovated branch in Ashtarak
Unisport club celebrates achievements of Olympic athletes supported in Paris 2024
Tuesday, August 27th, 2024Unisport Club has concluded its program supporting athletes who participated in the 2024 Summer Olympics in Paris, according to a press release from Unibank.
Armenia Securities Exchange rebrands to Armenia Stock Exchange
Tuesday, August 27th, 2024The Armenia Securities Exchange has officially changed its name in English to Armenia Stock Exchange.
S&P reaffirms Armenia's sovereign credit ratings with stable outlook
Monday, August 26th, 2024On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia’s long-term and short-term sovereign credit ratings in both foreign and local currency at “BB-/B.” The agency also maintained its “stable” outlook for the country.
S&P forecasts 1.6% inflation for Armenia, predicts continued easing of monetary policy
Monday, August 26th, 2024International credit rating agency S&P Global Ratings has forecasted an average inflation rate of 1.6% for the year, reflecting a broader increase in price pressures.
Euro exchange rate down 0.57 points to 427.51 drams
Thursday, August 15th, 2024The average market exchange rate of the US dollar to the Armenian dram has dropped today by 0.16 points from August 14 to 388.26 drams, the Central Bank reported.
