Tue, 5 August
34.1 C
Yerevan
USD: 383.84 RUB: 4.70 EUR: 442.91 GEL: 141.90 GBP: 512.96

Acba Bank and NABU sum up  results of  “Development of Organic Agriculture in 2023-2024” program’s competition

YEREVAN, August 22. /ARKA/. The Acba Bank and Germany’s Nature and Biodiversity Conservation Union (NABU) have summed up the results of a competition announced as part of a jointly implemented “Development of Organic Agriculture in 2023-2024” program. 

The applicants’ prospects for export of organic products in the event of certification and growing interest in the product, as well as the program’s environmental impact, short- and long-term goals, motivation and risks had been considered. 

This year, with the assistance of the program, 13 SMEs and individual entrepreneurs will undergo certification. The winners of the “Development of Organic Agriculture 2023-2024” competition are:

1. Narek Hovhannisyan (beekeeping)

2. Samvel Hakobyan (dried fruit production) .

3. Naira Hambardzumyan (fruit processing)

4. Nairi Galstyan (beekeeping)

5. Suren Grigoryan (vegetable processing)

6. Ashot Ghazaryan (grain processing)

7. Vigen Mnatsakanyan (beekeeping)

8. Nerses Manukyan (beekeeping)

9. Areg Galstyan (tea production)

10. Levon Paronyan (grain processing)

11. Vardan Kocharyan (beekeeping)

12. Hayarpi Hakobyan (beekeeping)

13. Gohar Movsisyan (grain and vegetable processing).

The Acba Bank and NABU have been jointly implementing the program  since 2015. Its goal is to promote the development of organic agriculture in Armenia. –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img