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Armenian IT Cos. to open representations in Canada, USA, Germany

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  • Armenian IT Cos. to open representations in Canada, USA, Germany

    ArmenPress
    May 4 2004

    ARMENIAN IT COMPANIES TO OPEN REPRESENTATIONS IN CANADA, USA, GERMANY

    YEREVAN, MAY 4, ARMENPRESS: Bagrat Yengibarian, the director of
    Armenian Enterprises Incubator Foundation (EIF), funded by World Bank
    told Armenpress that the government and the Bank have approved the
    idea of opening representations of Armenian IT companies in Canada
    and the USA. Yengibarian said another project for opening a
    representation in Germany is underway.
    He said the first representation will open next month in Canada's
    Toronto. He said the EIF is now discussing with Armenia-based IT
    companies the ways of cooperation based on contracts to be signed by
    the representation, as the Toronto representation is supposed to
    resolve initially several priority problems of Armenian companies in
    Canada's IT market.
    Yengibarian said Armenian embassy in Canada will help organize the
    second online conference between Canadian and Armenian IT companies
    in June. He said the previous such conference attracted tens of heads
    of Canadian It companies, 70 percent of whom were non-Armenians.
    He said the representation in the USA will most likely open by the
    end of 2004.
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