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

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

In February, commercial bank deposits in Armenia decreased by 0.2%, while lending expanded by 0.9% — World Bank

In February 2026, commercial bank deposits in Armenia decreased by 0.2% (MoM), while lending grew by 0.9% (MoM), according to the World Bank's "Armenia Monthly Economic Update – April 2026."

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img