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TURNOVER OF ARMENIAN ENTERPRISES INVOLVED IN TAM/BAS PROGRAMME INCREASES BY 65%
Noyan Tapan
Jul 17 2007
YEREVAN, JULY 17, NOYAN TAPAN. EBRD's TurnAround Management and
Business Advisory Services Programme-TAM/BAS Programme has been
implemented in Armenia since February, 2003. It has provided assistance
to 389 companies so far. They have received business consultation by
69 advisory companies qualified within the framework of the programme
and functioning in Armenia.
Natalia Melyunas, TAM/BAS' Regional Director in Armenia, Azerbaijan,
Georgia and Moldova, said this on July 16. In her words, the turnover
of each of Armenian enterprises involved in TAM/BAS programme in
average has increased by 65% and the number of jobs by 29% or by 14.
It should be mentioned that within the framework of the TAM component
(it is financed by the European Union, the EBRD's Early Transition
Countries (ETC) Fund and the government of Taiwan) 13 programmes
of 1.2m euros have been implemented in Armenia, 6 out of which are
still underway. Five enterprises receiving assistance have attracted
EBRD's investments.
53% beneficiaries of 389 programs implemented within the framework of
the BAS component (it is financed by the European Union, the EBRD's
Early Transition Countries (ETC) Fund and the Canadian International
Development Agency) are in the regions. A grant of nearly 1m 535.5m
euros has been provided to beneficiary enterprises.
According to the accounts presented for 264 programmes, thanks to the
grants and advisory assistance of 926 thousand euros provided to the
enterprises involved in these programmes, their total turnover has
increased by 78m euros, the number of employees has increased by 3576.
It should be mentioned that the same day an agreement was signed
between the USAID and the EBRD on assistance provided to EBRD Business
Advisory Services Programme for Armenia.
Noyan Tapan
Jul 17 2007
YEREVAN, JULY 17, NOYAN TAPAN. EBRD's TurnAround Management and
Business Advisory Services Programme-TAM/BAS Programme has been
implemented in Armenia since February, 2003. It has provided assistance
to 389 companies so far. They have received business consultation by
69 advisory companies qualified within the framework of the programme
and functioning in Armenia.
Natalia Melyunas, TAM/BAS' Regional Director in Armenia, Azerbaijan,
Georgia and Moldova, said this on July 16. In her words, the turnover
of each of Armenian enterprises involved in TAM/BAS programme in
average has increased by 65% and the number of jobs by 29% or by 14.
It should be mentioned that within the framework of the TAM component
(it is financed by the European Union, the EBRD's Early Transition
Countries (ETC) Fund and the government of Taiwan) 13 programmes
of 1.2m euros have been implemented in Armenia, 6 out of which are
still underway. Five enterprises receiving assistance have attracted
EBRD's investments.
53% beneficiaries of 389 programs implemented within the framework of
the BAS component (it is financed by the European Union, the EBRD's
Early Transition Countries (ETC) Fund and the Canadian International
Development Agency) are in the regions. A grant of nearly 1m 535.5m
euros has been provided to beneficiary enterprises.
According to the accounts presented for 264 programmes, thanks to the
grants and advisory assistance of 926 thousand euros provided to the
enterprises involved in these programmes, their total turnover has
increased by 78m euros, the number of employees has increased by 3576.
It should be mentioned that the same day an agreement was signed
between the USAID and the EBRD on assistance provided to EBRD Business
Advisory Services Programme for Armenia.