#INDUSTRY
From 2023 to 2025, Armenian government invested approximately 171 billion drams in the military-industrial complex, says Pashinyan.
From 2023 to 2025, the Armenian government invested approximately 171 billion drams in the military-industrial complex, said Prime Minister Nikol Pashinyan.Industrial production in Armenia saw a decline of 7.8% during the first eight months, totaling 1.8 trillion drams.
The industrial output in Armenia for the period of January to August 2025 reached 1,770,561.4 million drams (at current prices), reflecting a 7.8% decrease in comparison to the same period in 2024, as reported by the Statistical Committee of Armenia.Armenia aims to enhance its trade volume with China and draw in investments - Papoyan
Armenia is looking to boost its trade turnover with the world's second-largest economy and attract investments from China, as stated by Minister of Economy Gevorg Papoyan in reference to the strategic partnership agreement signed between the two nations last week.Industrial output in Armenia decreased by 12.1% over the past six months to 1.2 trillion drams
From January to June of 2025, the industrial output in Armenia amounted to 1,257,746.6 million drams (in current prices), which is a 12.1% decrease compared to the same period in 2024, the National Statistical Committee said.Armenia institutionalized defense industry
he Armenian government has approved two new regulations: "On conducting state tests of military products, their parts, components, prototypes and results of special research and development work in the Republic of Armenia" and "On forming, financing and implementing applications for special research and development work (R&D) for military needs".Manufacturing production in Armenia in 4 months of 2025 decreased by 23.5% to 535.4 billion drams
The volume of production in the manufacturing industry in January-April 2025 amounted to 535,405.7 million drams, a decrease of 23.5% compared to January-April 2024. This is evidenced by the data published by the National Statistical Committee of Armenia.Armenian government will allocate 1.6 billion drams for the implementation of 27 subvention programs in the regions
It is planned to allocate 1.6 billion drams for the implementation of 27 subvention programs in 17 communities in Armenia, said Armenian Minister of Territorial Administration and Infrastructure David Khudatyan.Armenia proposed China to establish joint ventures in textile industry
The prospects of the Armenian textile industry were discussed at a meeting of the Ministry of Economy of Armenia with a delegation of the Association for the Promotion of Foreign Markets of the city of Shaoxing Keqiao (China), famous for its textiles.Armenia has already built 58 “smart” barns for over 900 million drams: authorities are expanding the assistance program
Armenia has already built 58 “smart” barns at a cost of 925 million drams, Deputy Minister of Economy Arman Khojoyan said Thursday as he presented the revised terms of the livestock support program, which includes the construction of “smart” barns and the development of pedigree cattle breeding.A protracted trade war could hit everyone, it’s too early to talk about winning – former head of the Armenian Ministry of Finance
The trade war could harm all parties if it becomes protracted, said former Armenian Finance Minister Vardan Aramyan in the "ARKA Business" program on the ARKA news agency’s YouTube channel.News 1 - 20 of 122
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