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Armenia's investment story, as it happens.

News and commentary on the brands, capital, and policy shaping Armenia's market - from the team at NorthStar Group.

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Franchising Guide August 22, 2026

Master Franchise vs. Area Developer: What's the Difference?

A clear breakdown of the two structures international brands use to enter new markets - how they differ, when brands use each, and which one fits a given expansion plan.

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Franchising Guide August 22, 2026

How Much Does It Cost to Franchise a Brand Internationally?

What actually drives the cost of international franchise expansion - real estate, equipment, fees, working capital, and contingency - and who typically pays for it.

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Franchising Guide August 22, 2026

The 3C Standard: What Franchisors Look for in a Master Franchise Partner

Well-capitalized, capable, and committed - the screening standard most franchisors use to evaluate master franchise and area development candidates, explained.

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Market News August 22, 2026

Armenia and the US Near Signing of the TRIPP Agreement

Armenia's Foreign Minister says a U.S.-Armenia framework agreement on the TRIPP transit corridor could be signed within weeks - a major signal for Armenia's investment story.

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Market News August 22, 2026

Firebird Opens the Region's Largest AI Factory in Armenia

Firebird has switched on the region's largest AI factory in Hrazdan, backed by NVIDIA and Dell Technologies, with plans to scale toward 2 gigawatts of global capacity by 2028.

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Market News August 21, 2026

Subway Plans 60 New Locations in Armenia

Subway's regional leadership met with Armenian officials in Yerevan this month to discuss a major franchise expansion - a sign of growing international appetite for Armenia's fast-food market.

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