Thu, 26 February
6.1 C
Yerevan
USD: 376.92 RUB: 4.92 EUR: 444.01 GEL: 140.90 GBP: 509.29

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

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

LATEST NEWS

spot_imgspot_imgspot_img