Tue, 15 July
26.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Acba Bank and NABU review results of competition announced as part of “Development of organic agriculture” program

YEREVAN, June 16. /ARKA/. The Acba Bank and Germany’s Nature and Biodiversity Conservation Union (NABU) have reviewed the results of a competition announced as part of a jointly implemented program “Development of organic agriculture” in 2020-2021, the press service of the bank reported today.

It said the competition took into account applicants’ prospects for the export of certified organic products, the environmental impact of the project, the possibility of creating new jobs, as well as the work of economic entities in border areas and a number of other factors.

This year, with the assistance of the program, 18 small and medium-sized business entities and individual entrepreneurs will receive certifications for their products.

The list of the winners of the competition can be found here.

The program “Development of organic agriculture” is annual and Acba Bank’s partners are welcome to join. it.

Acba Bank and NABU have been jointly implementing this program since 2015, which is aimed at stimulating the development of organic agriculture in Armenia and assisting producers. -0-

spot_img

POPULAR

Armenia approves grant agreement with ADB for $6 million seismic safety improvement program

The Armenian government approved a $6 million grant agreement between the Republic of Armenia and the Asian Development Bank (ADB) on a seismic safety improvement program at a meeting on Thursday.

Armenian government approved an agreement with the EIB for 50 million euros for the infrastructure development of Syunik

At a meeting on Thursday, the Armenian government approved a proposal to sign a financial agreement with the European Investment Bank (EIB) “Armenia - Sustainable Syunik Program, Special Investment Window 1 EFSD+” for 50 million euros.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Euro rises by 0.94 drams against Armenian dram

The average market exchange rate of the US dollar against the Armenian dram as of July 10, 2025, dropped by 0.08 points compared to July 9 and amounted to 383.74 drams.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

LATEST NEWS

spot_imgspot_imgspot_img