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unusual facts about Economy of the Nagorno-Karabakh Republic


Economy of the Nagorno-Karabakh Republic

The name of this new electric energy company is "Artsakh HEK”, which already had a base capital of $5mln on the day of its inauguration. Prime Minister of Armenia, Tigran Sargsyan has called on the public and the diaspora to buy the shares of "Artsakh HEPS" and to invest in NKR economy, saying that its security and future relies on its economic growth and economic self-sufficiency.


Lernayin Artsakh FC

Lernayin Artsakh FC is an association football club based in Stepanakert, Nagorno-Karabakh Republic.

Oriental Orthodoxy

Oriental Orthodoxy is a dominant religion in Armenia (94%), the ethnically Armenian Nagorno-Karabakh Republic (95%), and in Ethiopia (43%, the total Christian population being 62%), especially in two regions in Ethiopia: Amhara (82%) and Tigray (96%), as well as the chartered city of Addis Ababa (75%).

South Caucasus

The region remains one of the most complicated in the post-Soviet area, and comprises three heavily disputed areas – Abkhazia and South Ossetia in Georgia, and Nagorno-Karabakh Republic recognised only by three other non-UN states.


see also