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ArmInfo.Ozon has opened a representative office in Yerevan and is launching its own logistics  infrastructure in the country to make it easier for local sellers to enter the Russian market and ensure prompt delivery of goods from Armenia. This was announced today, July 25, by the press service of  the company.

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ArmInfo. The next competitive stage of the CaseKey 2023 business problem solving initiative has  started at the American University of Armenia, the participants of which this time should make proposals for the strategic development of the Team Telecom Armenia telecommunications operator in the context of the latter's IPO.

ArmInfo. Azerbaijan launched a hybrid war against Armenia. Chairman of the Union of  Miners and Metallurgists of the Republic of Armenia, First Deputy General Director of Zangezur Copper-Molybdenum Combine CJSC Vardan Jhanyan stated  on July 24 at a press conference.

ArmInfo.The Russian stock market ended the year 2015 ambiguously, but, nevertheless, the ruble index managed to show a good increase. How the market lived in 2015, what challenges it faced, and what factors had the most significant impact on it — said Konstantin Tserazov, an independent expert, economist, ex-deputy head of global markets at Troika Dialog, in our interview.

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ArmInfo.Ardshinbank will become a partner of Sevan Startup Summit 2023, which will be held on July 23-29 on the shore of the Lake Sevan and will bring together entrepreneurs, investors, and startuppers from around the world.

ArmInfo.In the issue of sanctions we are closely in touch and cooperate with the EU special  envoy and the representative of the US, to make sure that we act as a responsible member of the international community. Armenian Prime Minister Nikol Pashinyan stated  in an interview with Agence France-Presse in response to a question about what the Armenian government is doing to ensure that the territory of Armenia is not used by Russia to circumvent sanctions.

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ArmInfo.From 21/07/2023, “Ardshinbank” CJSC terminates making money transfers via the Unistream fast money transfer system, the press service of the Bank reports.

ArmInfo.On July 24 of this year, IDBank will issue a dollar tranche of registered coupon bonds under the abbreviation AMANLBB2LER8 with the following conditions.

ArmInfo. The profit growth rates of Armenian banks slowed down significantly amid the ongoing serious slowdown in lending to the economy. Thus, the net profit of Armenian  banks increased by 24.8% per annum inH1 2023 (against a 2.8-fold jump  in the same period in 2022), reaching 73.6 billion drams ($367.8  million), while slowing down strongly in quarterly growth from  3.4-fold to 5.2% alone.

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ArmInfo.In Europe and in the developed countries of the world, one out of 40 small businesses  becomes large, while in Armenia, out of 500 small companies, only onegrows. Minister of Economy of Armenia Vahan Kerobyan announced  to  journalists on July 20.