Vanessa Kachadurian Armenian Businesses
Sunday, October 16, 2011
Saturday, October 8, 2011
Vanessa Kachadurian Armenian Tourism increases
http://www.messenger.com.ge/issues/2453_september_29_2011/2453_econ_three.html
According to Armenia’s economic ministry by the end of 2011 Armenia could have been visited by 800,000 tourists. This is so far unprecedented. In the best tourist years for Armenia were during Soviet Union when it attracted around 600,000 tourists. The analysts estimate that while visiting Armenia tourists spend average 1,000 USD. So, if the number of tourists by the end of 2011 will be 800,000 they will approximately bring into the country 800 mln USD. This is an impressive number - approximately the same as the money entering the budget from exports.
Of course many visitors to Armenia are representatives of the Armenian diaspora abroad or people with double citizenship. They spend as much or maybe more than ordinary tourists. However the structure of their expenditure is different. If so called ordinary tourists spend money on souvenirs or hotels and tours, diaspora representatives spend money for presents, visiting domestic attractions and many of them for medical purposes. There is a tendency in the country for more traditional tourists to enter the country. Iranian tourists also visit Armenia. They save on the transportation costs because they travel by bus and personal transport. The Armenian government facilitates the process of developing the tourism infrastructure, however prices on air tickets are expensive, though hotels prices are coming down. There are many tourists in Armenia from Russia. Many Russians come to Armenia to gamble in the casinos as such gambling houses are banned in Russia.
According to Armenia’s economic ministry by the end of 2011 Armenia could have been visited by 800,000 tourists. This is so far unprecedented. In the best tourist years for Armenia were during Soviet Union when it attracted around 600,000 tourists. The analysts estimate that while visiting Armenia tourists spend average 1,000 USD. So, if the number of tourists by the end of 2011 will be 800,000 they will approximately bring into the country 800 mln USD. This is an impressive number - approximately the same as the money entering the budget from exports.
Of course many visitors to Armenia are representatives of the Armenian diaspora abroad or people with double citizenship. They spend as much or maybe more than ordinary tourists. However the structure of their expenditure is different. If so called ordinary tourists spend money on souvenirs or hotels and tours, diaspora representatives spend money for presents, visiting domestic attractions and many of them for medical purposes. There is a tendency in the country for more traditional tourists to enter the country. Iranian tourists also visit Armenia. They save on the transportation costs because they travel by bus and personal transport. The Armenian government facilitates the process of developing the tourism infrastructure, however prices on air tickets are expensive, though hotels prices are coming down. There are many tourists in Armenia from Russia. Many Russians come to Armenia to gamble in the casinos as such gambling houses are banned in Russia.
Vanessa Kachadurian Armenia "Your Partner 2011"
http://www.armradio.am/eng/news/?part=eco&id=20940
Hasmik Dilanyan
“Radiolur”
“Armenia – Your Partner 2011” international economic exhibition opened in Yerevan today and will continue through October 2.
About 200 local and foreign companies representing the fields of healthcare, agriculture, insurance, tourism, industry, innovation and information technologies participate in the exhibition.
Greeting the participants of the exhibition, Prime Minister Tigran Sargsyan expressed confidence that it will provide the local producers with an opportunity to present their production and services to their foreign counterparts.
“The exhibition is a platform for local companies to sign cooperation agreements with their partners, expanding the framework of cooperation. The exhibition will also help us sum up the path passed during the 20 years of independence, reveal the strong and week aspects of the economic field,” the Prime Minister said.
Companies from Russia, Iran, Georgia, Bulgaria, the Czech Republic and Great Britain participate in the event. The exhibition also allows the investors to study the Armenian market and negotiate new investment programs.
Minister of Economy Tigran Davtyan advised the organizers to provide privileges to local producers. The Minister is confident there are a lot of high-quality Armenian products, which the consumers do not know about.
Vanessa Kachadurian Armenian - French Business Club aims to strenghten business ties
Armenian-french business-club aims to strengthening business ties between two countries - club chairman
YEREVAN, October 7. /ARKA/. The goal of Armenian-French business-club is to strengthen cooperation between the businessmen of two countries, said Chairman of the club Arman Pinarbasi on Friday.
“Armenian-French business-club is open for all French businessmen which want to support the development of cooperation between two countries in business sphere”, said Pinarbasi in the central office of Orange Armenia.
In the central office of Orange Armenia met members of Armenian-French business-club with the Minister of Industry, Energy and Digital Economy of France Eric Beson and State Secretary of France Pierre Lellouche, who arrived in Yerevan with official delegation headed by the President of France Nocolas Sarkozy.
“We are grateful to member-companies of the business-club, including the company Orange, which from the very beginning supported the idea of the establishment of the club, and is one of its founders”, said Pinarbasi.
In its turn, President and General Director of the Group France Telecom (brand Orange) Stephane Richard who participated in the meeting said that he is very pleased with the fact of membership of Orange Armenia (“affiliate” France Telecom) in business-club.
“We hope that our contribution in the activity of the club and development of Armenian-French relations will be significant and productive”, said Richard.
Founders of Armenian-French business-club established with the support of French Embassy in Armenia in September 2011, are a group of French and Armenian businessmen, including Arman Pinarbasi (Grand Thornton), Stepan Gishyan (AGBA-Credit Agricole Bank), Patrick Laurent (“Armwatercanal”), Bruno Duthoit (Orange Armenia), Stepan Barakyan (Office Veritas), Fred Davlat (“Mother tongue”), Didier Gione (“Baghdasarov Crystal Group”).
Mission of the club is advancement, support and strengthening of positions of French business cooperation, economic-trade relations and scientific-technical exchange between Armenia and France. -0-
YEREVAN, October 7. /ARKA/. The goal of Armenian-French business-club is to strengthen cooperation between the businessmen of two countries, said Chairman of the club Arman Pinarbasi on Friday.
“Armenian-French business-club is open for all French businessmen which want to support the development of cooperation between two countries in business sphere”, said Pinarbasi in the central office of Orange Armenia.
In the central office of Orange Armenia met members of Armenian-French business-club with the Minister of Industry, Energy and Digital Economy of France Eric Beson and State Secretary of France Pierre Lellouche, who arrived in Yerevan with official delegation headed by the President of France Nocolas Sarkozy.
“We are grateful to member-companies of the business-club, including the company Orange, which from the very beginning supported the idea of the establishment of the club, and is one of its founders”, said Pinarbasi.
In its turn, President and General Director of the Group France Telecom (brand Orange) Stephane Richard who participated in the meeting said that he is very pleased with the fact of membership of Orange Armenia (“affiliate” France Telecom) in business-club.
“We hope that our contribution in the activity of the club and development of Armenian-French relations will be significant and productive”, said Richard.
Founders of Armenian-French business-club established with the support of French Embassy in Armenia in September 2011, are a group of French and Armenian businessmen, including Arman Pinarbasi (Grand Thornton), Stepan Gishyan (AGBA-Credit Agricole Bank), Patrick Laurent (“Armwatercanal”), Bruno Duthoit (Orange Armenia), Stepan Barakyan (Office Veritas), Fred Davlat (“Mother tongue”), Didier Gione (“Baghdasarov Crystal Group”).
Mission of the club is advancement, support and strengthening of positions of French business cooperation, economic-trade relations and scientific-technical exchange between Armenia and France. -0-
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