Mon, 12 January
-4.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

Total turnover of Orange Armenia ups 46% to amd 21 bln in 2012

YEREVAN, February 14. /ARKA/. The turnover of Orange Armenia company ascended by 46% or 7 billion drams in 2012 from a year earlier to nearly 21 billion drams, the company’s CEO Francis Gelibter told reporters on Thursday.

The investments accounted for nearly 6 billion drams which was about 30% of the total turnover of the company, he added.

Orange Armenia, 100% subsidiary of France Telecom, launched its mobile voice and internet services on November 5, 2009 providing 95% coverage in 600 towns and villages of the republic. ($1 – 406.74 drams).—0-

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Euro  falls against Armenian dram by 3.02 points

The average market exchange rate of the US dollar to the Armenian dram on January 5, 2026, increased by 0.19 points compared to December 30, 2025, to 381.55 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

LATEST NEWS

spot_imgspot_imgspot_img