Sat, 21 February
12.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Students of Movses school to create robots and carry out 3-d modeling with support of Stepan Gishyan charity foundation

YEREVAN, December 19. /ARKA/. Owing to Stepan Gishyan Foundation, run by ACBA-CREDIT AGRICOLE BANK, the students of a school in the border village of Movses in Tavush province will be able to create robots and carry out 3-D modeling, ACBA-CREDIT AGRICOLE BANK said today in a press release.

It said two years ago students of the school began to study programming by using Aghves and Krya software at ArMath engineering laboratory, created by the Union of Advanced Technology Enterprises (UATE), however, they did not have the opportunity to create robots because of the lack of appropriate tools. Now the knowledge and skills acquired in the laboratory will be used to operate the robots.

“Movses is a border village and this program is important for the students. Now, after receiving an education, they will be able to earn money on the spot, and this will help prevent migration from the village. The program with the assistance of UATE was presented to us by the students of the school together with the physical education teacher. When you see such enthusiasm in children’s eyes you just cannot not fail to support them,” said Anna Gishyan, the head of the Stepan Gishyan foundation.

According to the coordinator of UATE engineering laboratories Sedrak Vardanyan, the children will carry out three-dimensional modeling with the help of 3D printer Bzez, produced in the Armenian town of Goris. He said they will work mainly with the instruments manufactured in Armenia.

“By this, we want to show the children that there are many examples of success in Armenia, and that their peers having gained knowledge, were able to produce such devices,” he said.

In 2015, ACBA-CREDIT AGRICOLE BANK, French Credit Agricole, the National Federation of Credit Agricole and the family of Gishyan founded the Stepan Gishyan charitable foundation (http://foundation-gishyan.am/).

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK. -0-

spot_img

POPULAR

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

Byblos Bank Armenia online loan via mobile: Up to AMD 10 mln in just minutes

Byblos Bank Armenia has launched an online lending product, enabling customers to apply for and receive financing within minutes.

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img