ArmInfo.Electricity generation in Armenia in January-February 2022 amounted to 1,678.9 million kWh, which is 21.9% higher than a year ago (against a decline of 5.8% a year earlier). However, in February alone, a decline of 10.3% was  recorded - to 793.7 million kWh. This is evidenced by the data of the  RA Statistical Committee.

ArmInfo. In Armenia, the production of aluminum foil in January- February 2022 compared to the same period in 2021 decreased by 7.9% (against a 0.5% decline a year  earlier), amounting to 5.389 thousand tons. This is evidenced by the  data of the RA Statistical Committee.

ArmInfo.Metallurgical industry of Armenia  increased production volumes by 6.2% per annum in January-February  2022 (against a 1.4% decline over the same period in 2021).

ArmInfo.  Russian Air Transport Agency extended  restrictions on flights to some airports in the south and in the central part of the country until April 13.

ArmInfo. A common electricity market will be established on the territory of the EAEU - the protocol on the formation of a common electricity market of the  Eurasian Economic Union has entered into force.

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ArmInfo. Under the government housing programme, a total of 5,391 families left homeless by the Spitak earthquake back in 1988, Chairman of the RA Urban Development Committee Armen Ghulyan reported at a Cabinet meeting. 

ArmInfo.In 2021, Armenia reduced the export of cigarettes, cigarillos and cigars by 10.3% - to 21.9 billion units, with a decrease in customs value by 1.4% - to  $237.8 million, this is evidenced by the data of the RA Customs  Service.

ArmInfo. In 2021, the average y-o-y unemployment rate in Armenia decreased to 15.3% from 18.1% in 2020. This is evidenced by the data of the RA Statistical Committee.

ArmInfo.The industrial sector of Armenia in January-February 2022 increased production by 9.7% per annum (against a 7.9% decline in the same period in 2021), reaching 356.3 billion drams ($759.2 million).

ArmInfo.In Armenia, in January-February 2022, the energy complex and the service sector were the drivers of double-digit growth economic activity - by 12% per  annum.  

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ArmInfo. In 2021, Armenia increased wine exports by 17.7% to more than 3 million liters, against a decrease of 5.9% in 2020. According to the data of the RA  Customs Service, the value of exported wine increased by 27.8% - up  to $10.9 million.

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ArmInfo. A Crimean delegation has arrived in Yerevan to inform Armenian businesses of the advantages of investing in spar treatment, production of welding equipment and  fertilizers, TASS reports.  

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ArmInfo.Ameriabank has been named Best Bank in Armenia in 2022 by Global Finance, a leading magazine specializing in coverage of international finance sector. The announcement has come as the publication summed up its 29th annual awards for the World’s Best Banks, assessing the financial performance for the reporting period and achievements of the Banks in more than 150 countries and territories around the world. 

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ArmInfo. Last year, Armenia's wheat imports totaled 271.3 thousand tons - a 23.4% decrease. The customs value reached $62.4mln - a 13.8% decrease. Russia is the  major exporter of wheat to Armenia (99.4%), with the rest imported  from Georgia.