Tag Archives: Armenia

EIB Global and EU Unveil €70M Initiative to Empower Armenian MSMEs and Foster Sustainable Growth

(IN BRIEF) EIB Global and the European Commission have launched a €70 million financing package to support Armenian MSMEs. The package includes €58.5 million in loans to three financial institutions—Inecobank, ArmSwissBank, and Farm Credit Armenia—and an €11 million grant to … Read the full press release

Nearly 100 Armenian Businesses to Benefit from EIB and Evocabank Partnership, Sustaining Around 1,200 Jobs

(IN BRIEF) The European Investment Bank’s (EIB) global arm, EIB Global, has partnered with Evocabank to improve financial access for micro-, small-, and medium-sized enterprises (MSMEs) in Armenia. EIB Global is providing a €12 million loan to Evocabank, which will … Read the full press release

EBRD Empowers Local Businesses with Risk Sharing Framework, Boosting Growth in Armenia, Mongolia, and Uzbekistan

(IN BRIEF) At the European Bank for Reconstruction and Development’s (EBRD) 33rd Annual Meeting and Business Forum in Yerevan, the Bank unveiled its latest initiative under the Risk Sharing Framework (RSF) to bolster domestic businesses in Armenia, Mongolia, and Uzbekistan. … Read the full press release

EBRD and EU-Funded Program Propel Alaska Hotel’s Sustainability Drive in Tsaghkadzor, Armenia, with Solar Investment

(IN BRIEF) Nestled in Tsaghkadzor, Armenia’s popular health resort, the Alaska Hotel is attracting visitors with its renowned Armenian hospitality and a commitment to sustainability. With support from the European Bank for Reconstruction and Development (EBRD) and the European Union … Read the full press release

Sweco Joins EU4Sevan Initiative to Assess Lake Sevan’s Water Level Impact

(IN BRIEF) Sweco, a consultancy firm, is participating in a project under the EU4Sevan program to assess the potential impact of raising the water level of Lake Sevan by over 6 meters. Lake Sevan is vital for Armenia’s irrigation, freshwater … Read the full press release

EBRD Funds Boost Access to Finance for Women-Led SMEs in Armenia

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a $10 million loan to Acba Bank, a prominent Armenian bank, with support from the European Union (EU) and Sweden. This funding will specifically target women-led small and … Read the full press release

EU Commits €10 Million to Improve Education Infrastructure in Armenia’s Syunik Region

(IN BRIEF) At the Global Gateway Forum, the EU Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, and the European Investment Bank (EIB) President, Werner Hoyehr, announced a financial package to enhance education infrastructure in Armenia. The package includes a €10 … Read the full press release

European Investment Bank Extends €70 Million Loan to Bolster Armenian SMEs and Mid-Caps

(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release

El programa del BERD y la UE ayuda a las empresas armenias a invertir en tecnología sostenible

(NOTICIA EN BREVE) El Banco Europeo para la Reconstrucción y el Desarrollo (BERD) y la Unión Europea (UE) han lanzado conjuntamente el programa EU4Business-BERD Credit Line en Armenia para ayudar a las pequeñas y medianas empresas (PYME) a adoptar tecnologías … Read the full press release

EBRD and EU Program Helps Armenian Companies Invest in Sustainable Technology

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have jointly launched the EU4Business-EBRD Credit Line program in Armenia to support small and medium-sized enterprises (SMEs) in adopting greener technology, improving product quality, and … Read the full press release

George Akhalkatsi succède à Dimitri Gvindadze à la tête du bureau résident de la BERD à Erevan en Arménie

(COMMUNIQUÉ DE PRESSE) LONDRES, 17-Mar-2022 — /EuropaWire/ — La Banque européenne pour la reconstruction et le développement (BERD), une banque multilatérale d’investissement pour le développement, a annoncé que George Akhalkatsi succédera à Dimitri Gvindadze à la tête de son bureau … Read the full press release

George Akhalkatsi to succeed Dimitri Gvindadze as head of EBRD’s Yerevan Resident Office in Armenia

(PRESS RELEASE) LONDON, 17-Mar-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced that George Akhalkatsi will succeed Dimitri Gvindadze as head of its Yerevan Resident Office in Armenia. Mr Akhalkatsi … Read the full press release

Rosneft President Igor Sechin met Pirelli Chairman Marco Tronchetti Provera over discussion about Pirelli retail outlets at Rosneft’s chain of filling stations

04-9-2013 — /EuropaWire/ — On September 3, Rosneft President and Chairman of the Management Board Igor Sechin held a working meeting with Pirelli Chairman and Managing Director Marco Tronchetti Provera. As part of the meeting the parties discussed the protocol of understanding … Read the full press release

Rosneft President Igor Sechin held working meeting with Armenian Nairit Plant Top Management

04-9-2013 — /EuropaWire/ — On September 3, 2013, Rosneft President and Chairman of the Management Board Igor Sechin held a working meeting with Director General of Nairit Plant Ovanes Akhinyan and Deputy Director General for Reconstruction and Development Karen Mirzoyan. The meeting … Read the full press release

Update on the European Union most important on-going and forthcoming free trade agreements

02-8-2013 — /EuropaWire/ — Over the next years, 90% of world demand will be generated outside the EU. That is why it is a key priority for the EU to open up more market opportunities for European business by negotiating new … Read the full press release

400 tons of toxic rocket fuel safely removed from Kazakhstan with the help of OSCE

SARY OZEK, KAZAKHSTAN, 1-7-2013 — /europawire.eu/ — A train carrying 410 tonnes of a toxic rocket fuel component, which had been stored in deteriorating containers, left Kazakhstan today for safe disposal at a specialized chemical plant in Dzerzhinsk, Russia as part … Read the full press release

OSCE-supported seminar discussed Armenia’s higher education system

YEREVAN, 24-6-2013 — /europawire.eu/ —  Reforms and recent improvements in higher education as well as measures to fight corruption, to encourage students’ participation and ensure quality education are among the topics of an OSCE-supported event that started today in Yerevan. The … Read the full press release