3.6 Armenia Additional Services
Overview
All the services that might be required for operations are available in Armenia and can be easily contracted.
For more information on company contact details, please see the following link: 4.11 Additional Services Contact List
Accommodation
The availability of accommodation / housing in the country is on a high level. There are many hotels/hostels/bed and breakfast facilities/apartments available for rent in all the regions of Armenia, varying in prices from 100 USD to 3000 USD and above per month. There can be found accommodations that meet minimum criteria regarding security for agencies. There are many ongoing constructions throughout the country (mainly in the capital city Yerevan) and the country has the capacity to house and support a large influx of demand. There are hotels in different regions of Armenia that have been assessed and with which there exist common UN Long Term Agreements.
Electricity and Power
Armenia has no proven reserves of oil or natural gas and currently imports nearly all gas from Russia. The Iran-Armenia Natural Gas Pipeline has the capacity to provide twice the country's 2008 natural gas consumption and has the potential to provide energy security for Armenia as an alternative to the Russian-dominated imports that flow through the Georgian border. Despite a lack of fossil fuel, Armenia has significant domestic electricity generation resources
The main source of electricity in Armenia is Hydropower, Nuclear and Thermal generation. The principal hydro electricity producers are International Energy Corporation with Sevan – Hazdan Cascade seven hydropower plants and Vorotan Cascade who have 3 power plants.
- Nuclear Power Plant (NPP) was commissioned in 1976 (first reactor) and 1980 (second reactor)
- The nuclear reactors have been upgraded and adapted to local conditions with a seismic rating of 8
- After the 1988 earthquake the Board of Ministers of USSR ordered the operation at the NPP to be halted
- The Government of Armenia restarted the NPP in 1993 to overcome the energy crisis
- The rehabilitation was undertaken with international specialists from the US, France, Russia and the IAEA
- The 2nd stage of the NPP, with a capacity of 407.5 MW was restarted in 1995 with no emergency breakages
- The restart of the NPP caused negative reactions from neighbouring countries and international organizations
- In 2003, management of NPP was given to the Russian, Inter RAO EES Co (subsidiary of RAO EES Russia)
- The plant provides more than 33% of total electricity consumption
- In 2003, NPP generated about 2 billion kWh of electricity which is about 36% of the total generation in Armenia
- Once per quarter, emergency fire and anti-emergency trainings are performed in the plant
- Furthermore, once every 3 years, emergency training is conducted at an international level
The country also has eleven hydroelectric power plants and has plans to build a geothermal power plant in Syunik. Most of the rest of Armenia's electricity is generated by the natural gas-fired thermal power plants in Yerevan (completed in 2010) and Hrazdan.
The Armenian electrical energy sector has had a surplus capacity ever since emerging from a severe post-Soviet crisis in the mid-1990s thanks to the reopening of the nuclear power station at Metsamor. The Metsamor Nuclear Power Plant provides 42.9% of the country's electricity. Armenia has plans to build a new NPP in order to replace the aging Metsamor which was built in 1979.
The voltage in Armenia is 220 volts.
Electricity and Power Summary Table
|
Production Unit |
Type (Hydroelectric, Thermal, etc.) |
Installed Capacity (MW) |
Current Production (MW) |
|---|---|---|---|
|
Armenian Nuclear Power Plant - Metsamor |
Nuclear |
815 MW |
407.5 MW |
|
Hrazdan Thermal Power Plant |
Thermal |
1,200 MW |
600 MW |
|
Yerevan Thermal Power Plant |
Thermal |
550 MW |
550 MW |
|
Vanadzor Thermal Power Plant |
Thermal |
47 MW |
49 MW |
Financial Services
Armenia has a strong and stable financial system with banks dominating in the system. The system is well protected due to the strict and market-friendly supervision by the Central Bank of Armenia. The banking system is the biggest part of the Armenian financial market. As of December 31, 2021 there are 17 commercial banks operating in the Republic of Armenia. They have 553 branches in Armenia
The accounting services are also available and at a high level in Armenia. There are many tax and accounting companies, as well as consulting companies. In Armenia function also branches of such international companies as KPMG Armenia CJSC, Grand Thornton Legal and Tax LLC, Ernst and Young CJSC, etc.
AMIO Bank
|
Company Overview |
||
|---|---|---|
|
Company Name |
AMIO Bank |
|
|
Address |
Nalbandyan str. 48, Yerevan |
|
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
|
Has IBAN, BIC, or SWIFT number? |
Yes |
|
|
Provides currency exchange? |
Yes |
|
|
Will initiate / receive wire transfers? |
Yes |
|
|
Provides Loan / Credit services? |
Yes |
|
|
Other Comments or Key Information |
|
|
Other Locations
|
Region(s) |
Service Location(s) |
|---|---|
|
Yerevan |
Yerevan |
|
Syunik |
Agarak, Kapan |
|
Ararat |
Ararat, Masis, Artashat |
|
Hrazdan |
Hrazdan |
|
Ijevan |
Ijevan |
|
Armavir |
Armavir |
|
Vanadzor |
Vanadzor |
|
Gyumri |
Gyumri |
|
Byurak |
Byurak |
|
Vardenik |
Vardenik |
|
Sevan |
Martuni, Gavar |
Clearing and Forwarding Agents
There are clearing and forwarding agents in Armenia who provide high quality services. UN holds Long term agreements with several such companies.
Construction, Material Handling & Power Generation Equipment
Zeppelin Armenia Ltd
District #4, Kotayk Marz, Yerkrord Artadrakan Abovyan,Armenia,
Name: Frank Janas, Title: Chief executive officer
Web: www.zeppelin.am
Tel: +374 10 284 221 Tel: +374 10 222 240 Fax: +374 10 222 370
Postal and Courier Services
In Armenia there exist both – Postal and Courier Service providers. HayPost CJSC is the official national postal operator of Armenia which provides postal, payment and retail services. Haypost currently operates through 900 postal offices across Armenia, from urban to the most remote rural regions. Starting 2010, "HayPost" CJSC began the provision of postbanking services in Armenia.
There are also Courier Service providers in Armenia, such as "MAIL-EXPRESS" EXPRESS DELIVERY SERVICE, "TRANSIMPEX" Limited LLC (Official Agent of FedEx, TNT, Major Express), "DHL WORLDWIDE EXPRESS", REPRESENTATION IN ARMENIA – UMAKS, "GARANTPOST" DOOR TO DOOR MAIL DELIVERY SERVICE – CHRONOGUARANT.
Printing and Publishing
The market of printing and publishing service providers is much developed in Armenia. Most companies offer design and printing services at the same time to make it more convenient for the customers. The companies provide printing not only on paper, but also on other items, such as T-shirts, cups, pens, etc. Among such companies are: Asoghik LLC, Tosp LLC, Task LLC, etc. There are also publishing houses in Armenia, such as Antares Media Holding, Zangak Publishing house, etc.
Taxi Companies
There is a vast diversity of taxi service providers in Armenia. Among such, there are individual taxi drivers; taxi services; as well as application-based taxi services such as GG, Yandex Taxi, Uber. The taxi services accept both - cash and coupon payments, in case agreement with company exists. The application-based taxi services accept cash, as well as online payments. Taxi companies offer not only sedan cars, but also mini-vans, buses, and in some cases even trucks.
Vehicle Rental
There is a possibility for rental of any type of vehicle in Armenia. The cars can be rented with or without a driver. There exist representations of internationally known companies, such as Hertz (Travelex Co. LTD), SIXT (Fora LLC), J.M.S Co. Ltd, as well as local companies.
Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.
Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.