The prospects for the economic stability in Armenia were discussed at the meeting organized by Galaxy Group of Companies and the European Business Association – Armenian News

Worldwide and regional processes have postured new challenges to companies, constraining them to implement methods that might guarantee corporations’ imaginative and prescient, whereas guaranteeing sustainable operations.

 These points had been talked about on the enterprise breakfast occasion, co-hosted by Galaxy Group of Corporations and European Enterprise Affiliation in Armenia.

 “The conferences of multilateral format are an awesome alternative to determine the elements and situations affecting the enterprise atmosphere in Armenia and to counsel a roadmap for financial growth. Our objective is to hitch efforts to discover the financial potential and to draw new investments,” stated Aram Khachatryan, Co-founder and CEO of Galaxy Group of Corporations.

 Vahan Dilanyan, CCO of Galaxy Group delivered opening remarks on the occasion, noting the technique of the Galaxy Group in establishing partnerships and contributing to the financial growth.

 “Such occasions are extraordinarily vital for establishing a constructive dialogue between the private and non-private sectors, as a result of solely with mixed efforts it’s potential to contribute to the answer of the issues the companies are going through,” stated Diana Sarumova, Govt Director of European Enterprise Affiliation in Armenia.

 In her speech, she thanked the representatives of the diplomatic missions accredited in Armenia and worldwide organizations, whereas highlighting the position of Galaxy Group of Corporations within the strategy of growing Armenian economic system.

 Evaluation on the financial affect of the struggle in Ukraine on Japanese Partnership nations had been offered by Francesco Alfonso, a Coverage Analyst on the Group for Financial Co-operation and Improvement (OECD).

 Edgar Karapetyan, Deputy CEO, Technique and Innovation at Galaxy Group, talked in regards to the results of exterior shocks on the economic system of Armenia.

 Throughout his speech Varoujan Avedikian, Managing Associate of TK & Companions, referred to the challenges of relocation, indicating the chances for overcoming them.

 The aggressive benefits of the funding atmosphere in Armenia and the incentives in numerous industries had been offered by Hovsep Patvakanyan, Founder at Investin.AM platform.

 Elina Gabrielyan, Deputy CEO, Enterprise Operations at Galaxy Group, spoke in regards to the Group’s funding tasks and social-economic affect of final years.

 Deputy Minister of Financial system of Armenia, Armen Arzumanyan, was current on the assembly. He greeted the individuals, underlined the significance of holding such occasions, and answered a number of questions. The enterprise breakfast was attended additionally by representatives of public sector and enterprise group, heads of diplomatic missions accredited in Armenia and worldwide organizations, and others.

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Galaxy Group of Corporations is among the largest employers and taxpayers in Armenia. Throughout greater than 20 years of its operations, Galaxy established and developed 15 companies in Armenia, Georgia, and Belarus, making certain administration and strategic growth. The success elements of all corporations have been business innovation, efficient group involvement, and a accountable enterprise tradition developed on the premise of steady studying.

  The European Enterprise Affiliation Armenia was based in October 2015 below the assist of the Delegation of the European Union to Armenia. It is part of the European Enterprise Group World Large Community representing 42 markets outdoors the EU. The principle goal of the European Enterprise Affiliation is to assist Enterprise Group in Armenia, facilitate the mixing thereof, promote cooperation between Armenia and the European Union in addition to to enhance the enterprise atmosphere, encourage overseas investments and enhance the corresponding legislative framework.