Real Estate 64.7% Of Armenia’s Capital Construction Sector In Jan-Oc

REAL ESTATE 64.7% OF ARMENIA’S CAPITAL CONSTRUCTION SECTOR IN JAN-OCT 2008

ARKA
Dec 1, 2008

YEREVAN, December 1. /ARKA/. The mortgage market comprised 64.7%
of Armenia’s capital construction between January and October 2008,
the RA National Statistical Service (NSS) reports.

Capital construction in the mortgage sector amounted to 443.4bln
drams in the past ten months – 37.6% year-on-year increase. Capital
construction in municipal and social services totaled 59.1bln drams
(8.6% of the sector) in the reporting period – 8.8% year-on-year
decrease.

Capital construction in trade, repair of vehicles and household
appliances amounted to 46.8bln drams between January and October 2008 –
9.1% decline compared to the same period last year.

Transport and communications comprised 7.3% of capital construction
(49.6bln drams) – 42.4% of January-October 2007.

During the period under review, capital construction worth 3,887.9mln
drams was carried out in agriculture – 0.6% of the sector. Capital
construction in water-electricity-gas distribution amounted to 27.55bln
drams as of end-October 2008 – 12.8% year-on-year rise.

Capital construction in the hotel and restaurant business rose 1.75pct
to 2,176.8mln drams.

Armenia’s capital construction totaled 685.1bln drams in the past
ten months – 6.9% rise compared to January-October 2007. Building and
assembly operations comprised 13.5% (622bln drams) ($1 – 305.42 drams)

Georgia Welcomes Armenia’s Participation In Privatization Of Georgia

GEORGIA WELCOMES ARMENIA’S PARTICIPATION IN PRIVATIZATION OF GEORGIAN HYDROPOWER PLANTS

ARKA
Dec 1, 2008

YEREVAN, December 1. /ARKA/. Georgia has nothing to object to Armenia’s
participation in privatization of Georgian hydropower plants, Georgia’s
Deputy Minister Giorgy Baramidze told ARKA during an online interview
under the Independent Media and Civil Integration Project.

"We will only welcome the initiative, as our capital is never subject
to discrimination," he said, stressing the importance of liberal
principles in any business. "We believe a good owner is the one who
runs the company well, irrespective of his origin," Baramidze added.

The Independent Media and Civil Integration Project is supported
by the EU Caucasus Institute for Peace, Democracy and Development,
the Region Center of Investigative Journalists (Armenia) and the
Journalists’ Rights Protection Committee (Azerbaijan).

Hans Boon: I Have Worked In Over 50 Developing States, However This

HANS BOON: I HAVE WORKED IN OVER 50 DEVELOPING STATES, HOWEVER THIS WAS A UNIQUE EXPERIENCE

ArmInfo
2008-11-28 22:45:00

ArmInfo. ‘I have worked in over 50 developing states. However this
was a unique experience and maybe useful or of interest for any
foreigner without Armenian family relations’, says Hans Boon, the
director general of HayPost CJSC, in a letter to ArmInfo.

‘In this message I would like to provide you with some of the facts
and backgrounds and experience regarding the two violent attacks,
because I am really surprised about the observation that I did not
provide any statement to the Police. The opposite could also be said. I
have received other similar comments and therefore I hope to clarify
this. I have definitely no objection if you provide this statement
to the Police and other official investigators. I do not know how to
reach them and in fact have delivered information’, Boon says.

Further in the letter, Hans Boon tells: ‘The attack on 10 October
2008 took place in the late evening. The violent, and possibly quick,
attack must have been organized very well- probably from the back.

The attack included about 5 or more severe beatings on different
places of my head. It must be stated only on my head, no other places
of the body. The attack has resulted in loss of memory of that moment,
in combination with the loss of conscience for about 12 hours.

Consequently I do not know or do not remember who the assailant was
and how it was done. It must be stated however that it was not a
medical issue, like a heart attack. After the assault I must have
fallen down on the street, and nearby living inhabitants are said
to have made a call to Police or Hospital to report that a heavily
wounded or death corpse was found on the street.

The Hospital car or ambulance came and both the doctors and a police
officer made an analysis, confirming that it was the result of a
criminal attack but also noting that my body was alive. A colleague of
HayPost was also alarmed, possibly by me in one of the moments awake.

The next day around noon I regained more normal conscience and also
better memory. Most of the above between the assault and recuperation
of conscience has been told to me.

The hospital St. Grigor Lusavorich charged more than AMD 400,000/Euro
1100 for the 1 night stay and research, and explained that it charges
to foreigners five times the rate to Armenians.

The hospital looked in a very poor condition and therefore it was
decided to leave it and to rest in the apartment. The hospital had
partially undressed me and I received my clothes back. I noticed that
the wallet was not there anymore.

The wallet had in cash an equivalent of around AMD 400,000 – partially
in Armenian Dram [around AMD 200,000], Russian Rouble, US Dollars and
Euros, in addition several creditcards [not bankcards] , and a European
Union ID Card and a special card for the Amsterdam International
Airport. It is not clear whether the wallet has disappeared or fallen
out of the clothes in the hospital or the ambulance, but most likely
it has been stolen as part of the attack.

In any case, since then I have requested via the HayPost company
lawyer, a Mr Arayk Abrahayan for a police report,. This has been
requested orally, by email and by telephone to him and other colleagues
more than 15 times The request has eventually also been reported to
the Minister of the Economy .

The issue is that without such report on the police observation
and notification, the process in The Netherlands with the Insurance
companies, the Credit card companies and the official authorities
issuing IDs is very difficult and that brings additional damages of
1000s of Euros to me.

However, a request to communicate with the police and to obtain the
report remains unanswered by the Armenian side.

In stead I was informed via an other colleague that the Police had
called the Chief Company Lawyer, [ex CBA] about 20 days after the
assault, i.e. early November 2008. It means when I was already in
The Netherlands.

The Police had asked him to request me to appear at the Police
Station. The colleagues reported that the Company Lawyer stated that
I refused.

Subsequently the Police is said to have stated that I would be
imprisoned to ensure my availability for the interrogation. This was
very shocking information.

Subsequently the Police have been visited on 11 November by the
colleague, Mr A Khachaturyan, who also was during the night or
morning of the assault in the hospital. He is said to have made a 3
page statement clarifying the details situation as above described,
although I do not have any written evidence from the Police or via
the lawyers. It was also stated that the Police had requested that
I need to provide all my clothes that I had during the attack. That
request came also in the first half of November 2008 and the Police
must also have known from the reports that the assault was entirely
focused on the head, with 5 or more beatings and not on other places
of the body. It is has remained unclear why the Police is said to
have made that request at that time. Most of the clothes have been
cleaned, washed and or used after the attack, and it is unclear what
the Police expects to find that long after the attack, however it
would mean for me another expense of more than Euro 1000 in loss
of clothes and transportation costs. The clothes taken of the first
assault in July 2008 have also not been returned.

It has also been stated that more colleagues were planned to be
interrogated, such as a driver and a (daytime) security guard,
company assistant and housekeeper. According to a newspaper this
has happened, most likely in the first of half of November. I am not
informed about this and have no report, but read in the internet news
that it was stated that most of the persons mentioned that they do not
know my private life. It would have been correct to state that there
is practically no private life, except from a dinner in a restaurant
and a visit to shops or a walk on the streets during the weekend..

I should mention that I have never received a request from the Police,
only heard about it via colleagues and these requests were never in a
non-Armenian language and as far as requests were received or noted
it has been responded to but none of the requests known to me refer
to details of the assault and circumstances.

All kind requests from my side via Armenian legal staff to provide
to me a written police confirmation of the attack and theft remain
unanswered.

The following questions and impressions appear: Why does the police
start an investigation more than 20 days after the attack, that
could have resulted in death, therefore an attempt-to-murder case,
and what is the quality and depth of the investigation. One of the
media reported that the Police needs a Court decision in order to be
allowed to investigate the possibility of a combination between the
two attacks- why ?

The first Assault on the evening of 12 July 2008 which was a so-called
hooliganism attack by 2 persons first attempting to hit by car me
twice and subsequently by beating in a way that it would have resulted
in death, has lead to a verdict in November 2008. One of the persons
will walk free in Yerevan early 2009 and the other a bit later early
2009. The case was also a special experience.

It started for my Dutch colleague and me with heavy wounds , including
bleeding. The Police initially refused to arrange First Aid, and when
an Armenian colleague was able to intervene after nearly 2 hours of
bleeding in the Police Station, the Police prohibited and called a
Ambulance. The First Aid treatment resulted in 2 days hospitalization
due to the heavy wounds.

Then, friendly police officers came to visit after treatment. They
were asked how the criminal prosecution would proceed. Initially
they started laughing and after the smile they explained that the
normal Armenian way is that there is no prosecution but that the
family representatives will approach us with an offer. This scared
us and we requested how we can ensure our security, because we are
not interested in such an approach.

Subsequently the Trust Founder to whom we report, tried to promote
the intermediation in such a typical Armenian approach. It was however
understood that we expected that the Rule of Law should prevail.

The Police insisted on several hearings/interviews, in total more
than 30 hours have been by each of us spent with the police to repeat
every time the details of that assault of less than 7 minutes. All
statements have been interpreted by a qualified interpreter and have
been written manually by the Police. Initially none of the statements,
neither ours nor those of the attackers were accessible. At the end
of September we learned from the Netherlands Ambassador that a file
with more than 450 pages had been prepared. On our request, via the
Company lawyer, on documentation, no answer has been provided. We
also heard that the scheduled Court session of early October was
postponed to November because it was said not be convenient for the
barristers of the two who attacked us. We received a 10 line message
on the final outcome of the court session from the lawyer and also a
confirmation that the damages claimed had been paid. The impression
is that the lawyer, in my absence, had been instructed to "prioritize"
other activities, but this is an impression.

The Netherlands Minister of Justice officially complained in July
2008 about the police treatment of its 2 citizens, keeping them
nearly 2 hours wounded and without first aid in a police station. It
is said that the Armenian side has investigated and responded to the
Ambassador that the Dutch statements are not (completely) true and
that the First Aid was arranged rapidly. There has been no excuse
for this type of treatment from the official Armenian side.

The impression is that the first attack is not done and executed by
the same persons as the second attack. It is also not possible to form
evidence whether the two attacks were organized by a higher level of
politically and economically interested parties. The Head of Police
should have received a letter from me, but no response and also I do
not know how to reach him.

This all represents a unique experience and maybe useful or of interest
for any foreigner without Armenian family relations’.

From: Emil Lazarian | Ararat NewsPress

OSCE Hopes For Settlement Of Karabakh Conflict Within Nearest Future

OSCE HOPES FOR SETTLEMENT OF KARABAKH CONFLICT WITHIN NEAREST FUTURE

ArmInfo
2008-11-30 13:30:00

ArmInfo. The Organization for Security and Co-operation (OSCE) hopes
for settlement of the Nagorno-Karabakh conflict within a short period
of time.

Recent activation of negotiation process around settlement of the
Armenian-Azerbaijani conflict aroused hope to solve the conflict
within a short period of time, Goran Lennmarker, rapporteur of the
Parliamentary Assembly of the OSCE for the Nagorno-Karabakh conflict,
said.

Lennmarker intends to discuss new ideas with Foreign Ministers of
Azerbaijan and Armenia, Elmar Mammadyarov and Edvard Nalbandyan in
Helsinki during a meeting of the OSCE Foreign Ministers to improve
negotiation process on the Nagorno-Karabakh conflict, the rapporteur
of the PA OSCE told TrendNews via telephone from Stockholm.

The OSCE Foreign Ministers will assemble within the framework of
annual conference of the OSCE Foreign Ministers to be held in the
Finnish capital on 4 and 5 December.

"Both sides will get many positive things from solution of the
Nagorno-Karabakh conflict," Lennmarker believes.

According to Lennmarker, after solution of the conflict, Azerbaijan
can cut its military expenditures and internally displaced people
can repatriate.

"I have seen refugees, their difficult life condition and it is
difficult for me to realize that these people even cannot visit
cemetery of their death relatives," Lennmarker said.

"As to Armenia, it can improve relations with neighbor countries,
including Azerbaijan and Turkey, which will stimulate development of
its economy," the representative of the OSCE said.

After Helsinki, Lennmarker plans to visit the region and discuss
possible ways of solution of the conflict with leadership of Azerbaijan
and Armenia.

Softline In Armenia Receives Status Of Distributor Of ‘Kaspersky Lab

SOFTLINE IN ARMENIA RECEIVES STATUS OF DISTRIBUTOR OF ‘KASPERSKY LABORATORY’

ArmInfo
2008-12-01 11:25:00

ArmInfo. Softline Company in Armenia announces receipt of a status
of distributor of ‘Kaspersky Laboratory’ which allowed the Company
to deal with supply of the vendor’s software in the whole territory
of Armenia. As Russian mass media reported, with development of
IT-sector, the Armenian market becomes more and more perspective for
the leading software developers. Assignment of a status of distributor
of ‘Kaspersky Laboratory’ has become a result of the dogged work of the
Softline in Armenia as a partner on promotion of the vendor’s products
in the region market. As Director General of Softline in Armenia Armen
Karapetyan said, the antivirus solutions of the ‘Kaspersky Laboratory’
enjoy popularity both among the home users and among the companies
of big and medium business for which uninterrupted operation of
computer networks and security of information storage are extremely
important. ‘Receipt of a status of distributor of the ‘Kaspersky
Laboratory’ by Softline will allow to extend the partner network and
increase awareness of the clients about the Company’s products.

Acquisition of SW will be more available and a high- quality
technical support will be provided. Receipt of this status by
the recently opened Softline office in Armenia is a good launch
platform for further promotion of a licensed software in the market
of Armenia. Our primary goal at present is assurance of growth of the
sales volumes and holding of a stable position in the market. We also
schedule to hold seminars on the products of ‘Kaspersky Laboratory’ for
different target groups of users’, Karapetyan emphasized. ‘"Kaspersky
Laboratory" keeps on actively developing the partner network and
developing new markets. Having selected the Softline Company our
distributor in the territory of Armenia, we are sure in successful
promotion of our products, further development and extension of a
partner channel’, Managing Director of the ‘Kaspersky Laboratory’ in
Russia and Transcaucasus countries Sergey Zamkov said. The ‘Kaspersky
Laboratory’ is a leading producer of protection systems from harmful
and undesired SW, hacker attacks and spam.

The Company enters the five of the leading world developers of software
for information protection from Internet-threats. Softline Company
has been operating in the sphere of IT-technologies since 1993. It
takes the leading positions in software licensing, training and
consulting. Softline was the leader in software supplies of the Russian
IT-market in 2007 (rating of @ASTERA information-business channel).

From: Emil Lazarian | Ararat NewsPress

South Caucasian Railways Reduce Tariffs From 1 December

SOUTH CAUCASIAN RAILWAYS REDUCE TARIFFS FROM 1 DECEMBER

Arminfo
2008-12-01 11:46:00

ArmInfo. CJSC South-Caucasian Railways issued an order on 28 November
2008 on 30% reduction of cement export tariff in case of applicable
warrantees of the coordinated traffic volumes. The company also made
a decision to reduce tariffs of container carriages.

South Caucasian Railways press-service told ArmInfo the order
was issued to soften the influence of the world economic crisis on
Armenia’s economy, to support local exporters and maintain the traffic
volume of the company. In addition, the order was issued in compliance
with the Agreement with Georgian Railways ‘On traffic of container
trains of Georgian and Armenian railways in the international railway
communication’. The aforementioned changes will come into effect
beginning from 1 December 2008.

Chairman Of Union Of Winemakers Of Armenia: Armenia Needs No More Th

CHAIRMAN OF UNION OF WINEMAKERS OF ARMENIA: ARMENIA NEEDS NO MORE THAN 200 THSD USD TO IMPROVE EXPORT OF WINE

ArmInfo
2008-11-30 14:04:00

ArmInfo. Armenia needs 100-200 thsd USD to improve the export of wine,
Avag Haroutiunyan, Chairman of the Union of Winemakers of Armenia,
told ArmInfo correspondent.

"In its time Armenia missed the chance to occupy a place in the Russian
wine market after the ban on Georgian and Moldavian wines. However,
it is never late to promote the goods, moreover, the world demand
for wine remains high.

To promote brandy, one needs to have not only big business, but also
personal high-level contacts. The matter is much easier in case of
wine: the start-up capital to improve export is no more than 100-200
thsd USD, while in case of brandy one more zero at least should be
added to this figure",- Haroutiunyan said.

According to him, planting of one hectare of vineyards is estimated
today at about 4 thsd USD, deep plowing and reclamation work exclusive.

Head Of Armenia’s NSPS: Rumors About The Forthcoming Earthquake Are

HEAD OF ARMENIA’S NSPS: RUMORS ABOUT THE FORTHCOMING EARTHQUAKE ARE SPREAD IN YEREVAN BEFORE EACH ANNIVERSARY OF SPITAK EARTHQUAKE

ArmInfo
2008-12-01 15:33:00

ArmInfo. ‘Rumors about the forthcoming earthquake are spread in Yerevan
before each anniversary of the disastrous Spitak earthquake in 1988’,
Head of the National Seismic Protection Service [NSPS] of Armenia
Alvaro Antonyan said today’s press-conference in "De Facto" club.

He also said this year did not escape such rumors either. ‘Several days
ago a research officer of the Armenian National Academy of Science said
by TV that the geologists paid attention to an increased concentration
of radon gas in the layers of earth under Yerevan, that testifies of
the enhanced seismological ackground. This was enough for panic to
start in the capital city’, A. Antonyan said.

According to him, 20 radon-measuring stations and 150 seismological
stations deliver information to NSPS of Armenia on a daily basis
concerning the whole seismological situation not only on Armenia but
on the whole region as well.

‘It is impossible to predict earthquake but possible to assess general
seismological background. The data we have received, as well as the
recent weak earthquake shocks let us say with confidence that weak and
even perceivable earthquakes are possible during the next 2 months,
however, no powerful earthquake shocks are expected’, A. Antonyan said.

New European Convention On Adoption Of Children Subject To Ratificat

NEW EUROPEAN CONVENTION ON ADOPTION OF CHILDREN SUBJECT TO RATIFICATION

ArmInfo
2008-11-30 13:52:00

ArmInfo. According to the new edition of the Council of Europe
Convention on the Adoption of Children, which will replace the former
version of 1967, homosexuals will be included in the list of persons
who may potentially be provided the right to become adoptive parents,
lgbtnews.ru reports.

On 27 November 2008, during the passing of chairmanship in the
Council of Europe Committee of Ministers from Sweden to Spain, two
agreements were subject to ratification. One of them was the new
European Convention on the Adoption of Children that has already been
ratified by Armenia, Denmark, Finland, Iceland, Norway, and the United
Kingdom. The New Convention includes sole persons or two heterosexual
persons married formally or informally (if the institute of informal
marriage is available in the given signatory country) in the list of
potential adoptive parents. In addition, the Convention allows the
countries to determine themselves whether to provide the right to
adoption of children to heterosexual and homosexual couples married
formally or informally.

Issues Referring To Banking Sphere’s Development In Nagorno-Karabakh

ISSUES REFERRING TO BANKING SPHERE’S DEVELOPMENT IN NAGORNO-KARABAKH DISCUSSED IN GENEVA

De Facto
Dec 1, 2008

STEPANAKERT, 01.12.08. DE FACTO. On November 29 of the Nagorno-Karabagh
Republic President Bako Sahakian arrived in Geneva. On November 30 the
Head of the State held a meeting with an entrepreneur Vardan Sermakes.

According to the information DE FACTO received at the Central
Information Department of the Office of NKR President, a wide range of
issues related to activities currently being carried out in Artsakh
and prospects of new investment projects had been discussed at the
meeting. Special attention was paid to the development of banking
and sports spheres.

NKR finance minister Spartak Tevosian, executive director of Artsakh
Bank closed joint stock company Kamo Nersesian and other officials
partook at the meeting.