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

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

LATEST NEWS

spot_imgspot_imgspot_img