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  • Number Of Commercial Legal Entities Grows By 5.2%, That Of Private B

    NUMBER OF COMMERCIAL LEGAL ENTITIES GROWS BY 5.2%, THAT OF PRIVATE BUSINESSMEN BY 34.94% IN ARMENIA IN PAST YEAR

    Noyan Tapan
    http://www.nt.am?shownews=1009400
    Nov 4, 2008

    YEREVAN, NOVEMBER 4, NOYAN TAPAN. By data of the State Register of
    Legal Entities and Private Businessmen of the RA Ministry of Justice,
    2,798 commercial legal entities and 13,956 private businessmen were
    registered in January-September 2008, with their total number making
    58,598 and 63,263 respectively as of October 1, 2008. By data of the
    RA National Statistical Service, there were 55,708 legal entities
    and 46,881 private businessmen as of October 1, 2007. The number of
    legal entities grew by 5.2%, that of private businessmen by 34.94%
    in the past year.

    747 legal entities and 1,141 private businessmen were wound up in
    January-September 2008.

    2,798 legal entities registered in January-September 2008 made
    investments of 17 bln 808.08 mln drams (about 58 mln 230.6 thousand
    USD). Investments of 9 bln 161.35 mln drams were made in 283
    enterprises founded with foreign capital, including investments of
    7 bln 102.42 mln drams in 167 enterprises founded by only foreign
    legal entities and citizens and investments of 2 bln 58.93 mln drams
    in 116 joint ventures.
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