Civilnet- Armenia’s sole aluminum foil factory has named a new CEO, as the plant continues to operate at a loss following a string of Western sanctions on its Russian owner.
- Armenia’s biggest mine said it is expecting to hit record production volumes this year, which would likely push its tax obligations to the Armenian government to $260 million.
- Russia’s food safety agency banned 16 Armenian companies from exporting fresh produce to the country, raising fears of severe consequences for Armenian agriculture.
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