AGP Executive Report
Last update: 11 hours agoArmenia’s Industry Pulse (H1 2026): Armenia’s industrial sector bounced back with 10.8% growth in the first half, driven by a surge in mining (+28.9%) and a manufacturing rebound (+7.4%). Metals Watch: the metallurgical industry jumped 28.7%, led by higher copper and molybdenum concentrate output, with most metals largely headed to export markets in Europe and the US. Power & Energy: electricity generation rose 10% to 5.16 billion kWh in H1, with thermal and solar up while the nuclear plant cut output. Telecoms: telecom revenue grew 5.7% to 87.4 billion drams, accelerating from earlier growth rates. Trade & Consumer Markets: trade turnover reached $8.4bn (AMD 3.2tn) in H1, with retail picking up and wholesale slowing. Grid Expansion: Armenia approved a €120m KfW loan for the Caucasus Transmission Network IV project, aiming to raise Armenia-Georgia electricity exchange capacity from 200 MW to 350 MW, eventually up to 1,050 MW. Food & Agri Imports: Qatar’s Al Rawasi Food Company is exploring fresh fruit and vegetable production in Armenia for export to Qatar.
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