Tatoyan family in Nerkin Getashen repairs watermill with assistance of ACBA Federation and NABU

YEREVAN, December 11. /ARKA/. The Tatoyan family in the village of Nerkin Getashen has turned a watermill, built back in the 1800s, into a real time machine, the ACBA – CREDIT AGRICOLE BANK said in a press release.

It said the family members show the watermill to the locals and foreign tourists, visiting the village, telling the story of its creation.

The family ascribe the success they registered in the field of rural tourism also to their partners. The miller Mezhlum Tatoyan says when they learned about a joint program called “Development of Rural Tourism’ which is conducted by the ACBA Federation and the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, they applied for it immediately submitting an application and the result was not long in coming.

“With the assistance of the ACBA Federation and NABU we were able to renovate our watermill. We are grateful to them for the assistance and help,” he said.

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.

Founded in 1899, NABU encompasses more than 520,000 members and sponsors, who commit themselves to the conservation of threatened habitats, flora and fauna, to climate protection and energy policy. NABU`s main objectives are the preservation of habitats and biodiversity, the promotion of sustainability in agriculture, forest management and water supply and distribution, as well as to enhance the significance of nature conservation in our society. -0-

spot_img

POPULAR

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Let’s Talk Smart About Money: Armenia to Host Global Money Week 2026

The international information campaign "Global Money Week 2026" (GMW2026) will be held in Armenia from March 16 to 22, 2026.

Trend of declining public debt-to-GDP ratio in Armenia will continue – Ministry of Finance

Armenia intends to continue reducing its public debt-to-GDP ratio, stated Deputy Finance Minister Avag Avanesyan.

LATEST NEWS

spot_imgspot_imgspot_img