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

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.27 points on October 2 compared to October 1, settling at 362.55 drams.

Armenia targets 6% annual GDP growth – Prime Minister

The Armenian government aims to ensure an average annual economic growth rate of 6% over the next five years, Prime Minister Nikol Pashinyan stated.

Unibank has issued perpetual bonds with an annual coupon yield of 13.2%

Unibank announces a new issue of perpetual bonds denominated in AMD. The total issue volume is AMD 3 billion, with the placement scheduled to continue until 4 December 2026.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

LATEST NEWS

spot_imgspot_imgspot_img