Metal plant in Armenian border village to relocate after Azerbaijani shelling: THIS WEEK IN BUSINESS
CivilNet
The company behind a scrap metal plant under construction in the Armenian border village of Yeraskh reportedly plans to relocate the $70-million project.
Preliminary results from an independent feasibility study show there is “sufficient demand” to justify the construction of a so-called “dry port” in the city of Gyumri.
Armenia’s Central Bank cut interest rates by 25 basis points to 9.5% amid easing inflation and faster-than-expected growth. It marks the country’s fourth rate cut this year.
