Three Armenian businesses named amongst European business awards Ruban d’Honneurs

YEREVAN, July 29. / ARKA /. Three Armenian companies  have been awarded a ‘Ruban d’Honneur’ prize under the category “The Chairman’s Selection” in the penultimate stage of the European Business Awards, sponsored by HSBC, the bank told ARKA.

The successful companies include AUM LTD, Byurakn LLC and Manana Grain LLC representing the crème de la crème of Armenia’s business.

Some 100 of Europe’s most dynamic businesses have survived intensive and rigorous judging to make it onto the finalists list, HSBC said. With victory in their sights they now have a chance to be crowned as one of ten overall category winners in the Awards. ‘Ruban d’Honneur’ winners in each of the categories will be announced at the Awards ceremony in Barcelona on 22nd November 2011.

HSBC Bank Armenia Press Officer commented: “We are very pleased for providing Armenian businesses with the opportunity to represent their country and to showcase their own success in the European community. While last year HSBC Armenia nominated 10 companies, this year number of businesses who were interested in connecting internationally has grown to 40”.

The results for the second round of European Business Awards sponsored by HSBC had been announced on July 15. Some 220 exceptional companies, ten businesses from Armenia had been selected to represent their nation across Europe and compete..-0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 19–25)

The financial agenda in Armenia over the past week focused on the performance of the banking sector for the first nine months of 2026, the development of the bond market, and enhancements to financial regulation.

Armenia Updates Income Declaration Procedures: New Rules, Exemptions, and Deadlines

Armenia has streamlined the process for filing annual personal income tax declarations, expanded the scope of data that is auto-populated, and defined categories of non-taxable income that citizens are not required to include in their declarations.

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

Armenian brokerage market until 2030: ARKA agency presented a study

The Armenian brokerage market continues to grow, but its future development will be determined not so much by the number of open accounts as by its ability to attract and retain active investors.

Central Bank of Armenia increased the countercyclical capital buffer for banks to 2.25%

The Board of the Central Bank of Armenia has decided to increase the countercyclical capital buffer for banks by 0.25 percentage points, setting it at 2.25% of risk-weighted assets.

LATEST NEWS

spot_imgspot_imgspot_img