Tue, 10 June
19.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Imports by 344 largest Armenian corporate taxpayers grew by almost 51% in may

YEREVAN, July 16. /ARKA/.  The volume of  goods and services  imported by 344 largest Armenian corporate taxpayers in 2010 May grew by almost 51% if compared to 2009 May to  62.8 billion Drams, the Armenian State Revenue Committee said in its Analysis of Aggregate Indicators of Monitoring of Large Taxpayers in May, posted on its official website.

The growth was due not only to increasing volume of imported commercial goods but also of expensive production equipment. Thus, the aggregate volume of imports by  ten largest importers-Europe, K-Telecom, Hrazdan AGPCC-3, Flash, Armenian Eclectically Networks,  Vidis Distrbution, City Petrol Group, Mikmetall, Manana Grey and Alex Grig rose by 14 billion Drams compared to 2009 May.
The volume of paid customs dues rose by 71.8% compared to 2009 May to 13.5  billion Drams.

The volume of exports by largest taxpayers in the reporting period of time grew by 4.9 billion Drams compared to 2009 May to 20.2  billion Drams. The five largest companies-Zangezur Cooper and Molybdenum Combine, Rusal-Armenal, Pure Metal Works, Armenian Molybdenum Production and  Armenian Cooper Program  reported  a total of 13.4 billion Drams wroth exports, by 6.2 billion Drams more than in 2009 May. ($1 – 364.44 Drams). -0-

spot_img

POPULAR

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

AMX introduces remote membership model, opening doors to international investors

The Armenia Securities Exchange (AMX) and the Central Depository have introduced a Remote Membership model, which is aimed at providing access to foreign investors to the Armenia Securities Exchange, the press service of the exchange reported.

Average settlement exchange rate of dram to dollar in May was 0.3% lower than a year ago

In May 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 386.6 drams, which is 0.3% lower than the same indicator in May 2024 (387.8 drams).

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img