Economy

OIL:  BRENT - 94.92+2.16 WTI - 91.33+2.23
COMEX:  GOLD - 1917.90-0.75 SILVER - 23.02-0.90
COMEX:  PLATINUM - 907.70-0.40
LME:  ALUMINIUM - 2238.50+0.61 COPPER - 8131.00-0.54
LME:  NICKEL - 18990.00-1.35 TIN - 25900.00-0.99
LME:  LEAD - 2190.00-0.54 ZINC - 2528.00-0.08
FOREX:  USD/JPY - 149.05+0.12 EUR/GBP - 1.0559-0.24
FOREX:  EUR/USD - 1.0559-0.24 GBP/USD - 1.214-0.48
STOCKS RUS:  RTSI - 998.49+0.14
STOCKS US: DOW JONES - 33618.88-1.14 NASDAQ - 13063.61-1.57
STOCKS US: S&P 500 - 4272.60-1.49
STOCKS JAPAN:  NIKKEI - 32315.05-1.11 TOPIX - 2371.94-0.57
STOCKS CHINA:  HANG SENG - 17466.90-1.48 SSEC - 3102.27-0.43
STOCKS EUR:  FTSE100 - 7625.72+0.02 CAC40 - 7074.02-0.70
STOCKS EUR:  DAX - 15255.87-0.97
26/09/2023  CBA:  USD - 387.71+0.21 GBP - 472.35-1.87
26/09/2023  CBA:  EURO - 410.74-1.44
26/09/2023  CBA:  GOLD - 23993.57-18.15 SILVER - 293.68-0.96
September, 2023
September 2023
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ANIF’s new Investment in a Light Industry Project
17/05/2023 12:49

ANIF’s new Investment in a Light Industry Project

Armenian National Interests Fund’s (ANIF) subsidiary Entrepreneur + State” Investment Fund will jointly invest with Universal Closures CJSC in expansion of the company’s bottle closures and caps production.

With years of experience in the field, Universal Closers manufactures closures and supplies local and regional companies such as Coca Cola, Bjni, Baikal, Tassay (Kazakhstan) and others.

As a result of this investment, the company will additionally acquire new machinery and equipment, which will increase the current production and sales volumes of TALOG/MASC type closures for about 80%.

With a joint project, the company will also acquire a new line for the production of Crown Cap type closures. These are produced from special steel rolling used in the food industry and are used mainly for beer, as well as water and alcoholic beverages.

All imported equipment and production lines are exclusively of Western European production, and the raw materials will be purchased only from leading European manufacturers.

The products have a strong and stable demand in the local and international markets and the project has a very specific export orientation. It is planned to export more than 85% of the total volume of products.

The “Entrepreneur + State” Investment Fund will invest 3.9 million euros for the expansion of the factory’s production.

Universal Closures CJSC was founded in 2017. The total production capacity of the company’s equipment is up to 180 million closures per year.

Universal Closures is the only manufacturer of TALOG / MASC type closures in Armenia, and is also one of the main suppliers of the EAEU and CIS markets. The company’s products are sold in Georgia, Central Asia, the Middle East and Europe.

Director of the “Entrepreneur + State” Investment Fund Bella Manoukian commented on the investment “The fund invests with companies with tangible growth potential in various fields in order to create competitive business environment. This program is a big achievement in the direction of making Armenian products visible to the international market. We aim at enabling the growth of local production and the promotion of exports and this investment project is aimed at the realization of that goal.”

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AMD Rates
10:30 27/09 Buy Sell
AMD / USD 387.00 391.00
AMD / EUR 408.00 415.00
AMD / RUR 4.02 4.11
dollars
dollars
CBA Rates
26/09/2023
USD / AMD
387.71
+0.21%
EUR / AMD
410.74
-1.44%
RUR / AMD
4.03
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GBP / AMD
472.35
-1.87%
Cryptocurrencies
10:30 27/09
BTC/AMD
10,174,751
-0.20%
BTC/USD
26243.20
-0.25%
ETH/USD
1592.12
+0.02%
BCH/USD
214.88
+1.44%
XRP/USD
0.497921
-0.77%
LTC/USD
63.78
-1.21%
BNB/USD
212.92
+0.58%
DOGE/USD
0.060603
-0.61%
ETH/BTC
0.060667761
+0.27%
BCH/BTC
0.008188062
+1.69%
XRP/BTC
0.000018973
-0.52%
LTC/BTC
0.002430241
-0.96%
BNB/BTC
0.008113252
+0.83%
DOGE/BTC
0.000002309
-0.39%
CBA Metals
26/09/2023
dram / gram
Gold
23993.57
-18.15%
Silver
293.68
-0.96%
FOREX
09:51 27/09
EUR/USD
1.0559
-0.24%
GBP/USD
1.214
-0.48%
USD/JPY
149.05
+0.12%
EUR/GBP
0.8696
+0.24%
Oil
09:51 27/09
$ / barrel
Brent
94.92
+2.16%
Light Sweet
91.33
+2.23%
COMEX
09:51 27/09
$ / tr. oz
Gold
1917.90
-0.75%
Silver
23.02
-0.90%
Platinum
907.70
-0.40%
LME / 3M
09:51 27/09
$ / tonne
Aluminium
2238.50
+0.61%
Copper
8131.00
-0.54%
Nickel
18990.00
-1.35%
Tin
25900.00
-0.99%
Lead
2190.00
-0.54%
Zinc
2528.00
-0.08%
Molybdenum
55630.00
-5.31%
Cobalt
33420.00
+0.00%
Indexes
09:51 27/09
point
Dow Jones
33618.88
-1.14%
S&P 500
4272.60
-1.49%
NASDAQ
13063.61
-1.57%
FTSE
7625.72
+0.02%
CAC 40
7074.02
-0.70%
DAX
15255.87
-0.97%
RTSI
998.49
+0.14%
Nikkei
32315.05
-1.11%
Topix
2371.94
-0.57%
Hang Seng
17466.90
-1.48%
SSEC
3102.27
-0.43%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
9.75
+0.00%
Lombard Repo
Lombard Repo Rate
11.25
+0.00%
Deposit
Deposit Rate
8.25
+0.00%
Macroeconomy
07/2023
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
1,384.3
+0.5%
Export 1
Export
3,843.6
+62.1%
Import 1
Import
6,534.0
+63.0%
CPI
Consumer price index
+3.6
Avg. Salary 2
Average salary
262,591
+18.5%
Services 3
Volume of services
1,689.3
+14.9%
Construction 3
Volume of construction
222,479
+17.2%
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