[Всеармянский банк будет создан к концу 2008 года]

ЕРЕВАН, 23 июня. /АРКА/. В конце 2008 - начале 2009 года в Армении будет создан Всеармянский банк, уставной капитал которого составит 30 млрд. драмов (около $100 млн.). Как заявил в субботу в Дилижане в ходе годового собрания Союза банков Армении председатель Центробанка Артур Джавадян, Всеармянский банк создается в формате открытого акционерного общества, и его учредителями станут правительство Армении с 20%-ной долей участия, ведущие мировые финансовые организации и частные инвесторы.«Миссией Всеармянского банка, который основывается на принципе сотрудничества государства и частного сектора, является финансирование проектов, создаваемых с учетом потенциала конкурентоспособной и наукоемкой всеармянской сети», - сказал он, представляя концепцию создания Всеармянского банка (Банк).По словам Джавадяна, основной целью Банка является обеспечение финансирования всеармянских проектов в рамках решений Совета национальной конкурентоспособности, а также проектов, содержащих инновационные элементы и реализуемых в любой точке земного шара членами всеармянской сети.Глава Центробанка отметил, что Банк будет преследовать цель получения прибыли и не будет субсидировать некачественные проекты или организации.«Банк руководствуется принципом «не конкурирования» с действующими на территории Армении коммерческими финансовыми институтами», - пояснил он.Джавадян сообщил, что основная деятельность банка будет направлена на управление, финансирование, разработку и анализ проектов, в том числе, на сбор и обработку информации, прикладные исследования, разработку бизнес-планов, консалтинговую деятельность и образовательные программы.«Банк возьмет на себя также функции «биржи» проектов, т.е. формирования площадки спроса и предложения на базе существующих проектов, выявление инвесторов, продвижение проектов, PR и всеармянское сотрудничество», - сказал он.При этом он добавил, что Банк может реализовывать все функции в рамках банковской деятельности, кроме открытия и обслуживания счетов, а также приема мелких вкладов объемом менее 100 млн. драмов.Главный банкир Армении отметил, что Банк будет реализовывать свою деятельность за счет инвестиций посредством приобретения доли в капитале, кредитов, гарантий, приобретения облигаций, предоставления синдицированных кредитов, а также венчурных инвестиций посредством создания венчурных фондов или приобретения в них своей доли участия.По словам Джавадяна, планируется, что в течение ближайшего месяца будет готов соответствующий закон о Банке, который будет рассмотрен в правительстве, после чего предположительно в сентябре состоится его утверждение Национальным Собранием.«Система управления Банком будет соответствовать лучшим принципам корпоративного управления, а органами управления Банком будут Общее собрание, Совет Банка, а также исполнительный орган», - пояснил он, добавив, что Совет будет состоять из 9-15 членов, пятеро из которых будут представлять правительство республики. –0--

[ОффТопИк]

Napik jan, xosker chem gtnum vor artahaytem im hiacmunq@ :flower:

[ОффТопИк]

Какие наши армяночки ВСЕ красивые!!! я бы на всех женился......но ездить далеко туда сюда!

:lol: :lol:

[Euro 2008]

ААААААААААААААААААА Молодцы русские !!! Какую игру продемонстрировали , офигеть !!! :clap:

[Love Is ....]

Как называеться саунрдрек к клипу?

GREGORIAN - MOMENTS OF PEACE

[Армения заняла 1-е место среди стран СНГ]

Ереван /Медиамакс/. Армения занимает 61-е место среди 118 стран мира в «Докладе о стимулировании всемирной торговли» за 2008 год, опубликованном Всемирным экономическим форумом (ВЭФ).Как сообщили сегодня Медиамакс в исследовательском центре «Экономика и ценности», являющемся партнером ВЭФ в Армении, по уровню стимулирования торговли Армения заняла 1-е место среди стран СНГ, опередив такие страны, как Украина (68 место), Азербайджан (78) и Россия (103).По уровню свободы выхода на рынок Армения заняла 43 место, что свидетельствует о том, что экономическая политика страны в достаточной мере поощряет выход на армянский рынок иностранных компаний.Согласно докладу, из 10 основных показателей в Армении наиболее благоприятно дела обстоят в сферах тарифных и нетарифных ограничений (14 место) и регулирующего деловую атмосферу правового поля (47 место).Самые проблемные показатели для Армении зафиксированы в области эффективности таможенного регулирования (103 место), прозрачности в деятельности регулируюущих органов на границе (92), наличия и качества транспорта (89), а также в сфере доступности и качества средств информации и коммуникации (86).

[Строится завод автомобильных аккумуляторов]

В июне 2010 года в Армении планируется запустить завод по производству автомобильных аккумуляторов производительностью 300 тыс. штук в год и объемом инвестиций в 30 млн. долларов. Об этом сообщил технический директор созданного для реализации этого проекта совместного предприятия ЗАО "Элбат" Акоп Акопян. По его словам, ЗАО "Элбат" было создано в декабре 2007 года на паритетных началах президентом и директором армянского завода "Электрон" Самвелом Абрамяном и немецкой компанией "Хронимет Майнинг". В данном проекте "Хронимет Майнинг" выступает в качестве инвестора, а армянская сторона обеспечивает производственные и административные территории и коммуникации. Завод будет построен на базе армянского завода "Электрон". 6 июня в Ереване руководство ЗАО "Элбат" заключило субподрядный договор с австрийской компанией Battery Machine (BM). А.Акопян сообщил, что общая стоимость бизнес-проекта составляет 30 млн. долларов. "Элбат" приступит к производству свинцово-кислотных аккумуляторов с пластиковыми корпусами, которые не требуют обслуживания. Мощность аккумуляторов будет колебаться от 45 до 210 А/ч. В первый год запуска завода планируется произвести 125 тыс. аккумуляторов, на второй год - 225 тыс., на третий год выйти на проектную мощность в 300 тыс. штук. Технический директор отметил, что ежегодно в Армении реализуется порядка 100 тыс. аккумуляторов, и спрос растет в среднем на 20% в год в связи с увеличением числа автомобилей. Он отметил, что аккумуляторы планируется поставлять не только на внутренний рынок, но и экспортировать в Грузию и опосредованно в Азербайджан. После процедуры сертифицирования продукцию планируется поставлять и в Европу. На базе "Электрона" еще в 1995 г. было налажено производство советских аккумуляторов с эбонитовыми корпусами. Однако с годами возникла необходимость наладить выпуск более качественной продукции и модернизировать производство.

[Wimax запускается]

ОАО "Комстар-Объединенные ТелеСистемы" ("Комстар-ОТС") рассчитывает в ближайшие несколько дней получить коды на оказание услуг международной и междугородней связи МГ/МН для запуска национальной сети WiMAX в Армении. Об этом в Санкт-Петербурге сообщил вице-президент по финансам и экономике компании Виктор Кореш. Проект планируется запустить в середине июля 2008 г. Сейчас идет установка оборудования по всей территории Армении. В.Кореш отметил, что "Комстар" прорабатывает проект по прокладке кабеля связи в Армению. Он напомнил, что сейчас в Армению идет только один кабель связи, который на днях был поврежден на территории Грузии. В связи с этим в Армении часть населения не могла пользоваться услугами Интернета. "Комстар" стремится уйти от такой зависимости. Сейчас рассматривается ряд проектов. Один из них предполагает прокладку кабеля вдоль газопровода Газпрома через территорию Ирана, кроме того, рассматривается вариант прокладки кабеля вдоль железной дороги через территорию Грузии.

[Love Is ....]

Как красиво!!! Завидую девушке для которой ты сделал клип ))

Спасибо Напик джан. Этот клип посвящается всем нашим армянским девушкам.

[Love Is ....]

Lazar, а что за прога . То есть мне понравился переходы букв. Может поделишься.

Программа называется Swish Max - позволяет создавать флэш эффекты без особых знаний в флэш анимации. Скачать можно отсюда http://depositfiles.com/files/4062515

[Love Is ....]

Я когда-то клип делал про любовь. Может кому то понравится... http://www.youtube.com/watch?v=twgtO2AGiqM

[Кредиты на сельские дороги]

Японский банк международного сотрудничества до конца 2008 г. предоставит Армении кредит в 182 млн. долларов на восстановления сельских автодорог.

"Предварительная договоренность с представителями банка уже достигнута", - пояснил министр транспорта и связи РА Гурген Саркисян. Он отметил, что средства будут направлены на реализацию программы по восстановлению автодорог жизненно важного значения протяженностью 807 км. По данным Минтранса Армении, восстановление сельских дорог Армении будет вестись также в рамках программы Азиатского банка развития стоимостью в 42 млн. долларов, из которых финансирование со стороны Азиатского банка составляет 30,6 млн. долларов, а остальные 11,3 млн. долларов будет предоставлено правительством Армении. Кроме того, в рамках программы "Вызовы тысячелетия" в 2008-2009 годах Армении будет предоставлено 67 млн. долларов на восстановления 330 км сельских дорог.

[МВФ прогнозирует снижение объёма ВВП Азербайджана]

Естественно, учитывая полную зависимость экономики Азербайджана от нефти. А прогнозы для 2008, 2009 годов слишком завышенные кстати.

[Строительные проекты в Ереване]

AQUAVILLA is a uniquely designed residential complex near the village of Brochyan along the Ashtarag highway, with bungalows and duplexes assembled around a large swimming pool and bar.

CASCADE TOWN HOMES is a brand new residential project located near the northwest corner of the Cascade Complex.

ARAMI is a new residential and commercial complex just north of Republic Square, on Arami Street between Abovyan Street and Mashdots Avenue.

KAYARAN is a new residential complex near the Cascade designed by prominent local architect Hratchya Boghossyan.

DZORAP is a residential complex located near the Hrazdan Gorge, with views to the gorge and the river. The complex includes recreational zones and restaurants.

TONUS - AYGETSOR 78A is a residential complex consisting of apartment blocks and private villas, overlooking Hrazdan Gorge.

NORTHERN RAY (Hyusisayin Jaragayt) is a new residential building to the north of the Cascade Monument.

GARNI TERRACE SUITES is a newly constructed 9-story, 48-unit mixed-use residential, office and retail building on Northern Avenue.

PUSHKIN 21 is a newly constructed 3-building 60-unit residential block in the heart of the Northern Avenue district, on Pushkin Street.

BAGHRAMYAN 59 is a newly-completed residential and commercial building located on Baghramyan Avenue, just before the Orbeli intersection, with views to the city center and Ararat.

PARLIAMENT HILLS brand new luxury condominium development located next to the Cascade Monument, with breathtaking views of Ararat, the Parliament building and downtown Yerevan.

NORD DISTRICT consists of a group of residential and office buildings that mark the top end of Northern Avenue, opposite the Opera House.

YERAZ is a newly-completed residential, commercial and office complex in the heart of Yerevan, on Amiryan Street between Mashdots Avenue and Saryan Street.

VAHAKNI is an American-style 500-home gated private residential community just outside Yerevan that includes a golf course, pool, country club, and future school and mall.

CINEMA HOUSE (KINO TOUN) is a large residential and commercial complex located at the intersection of Khanjian and Hanrapetutyan Streets.

YEREVAN BERD - BUZANT Str.

is a nine-storey residential and commercial complex located at 7 Buzant Street, which links Abovyan Street and Mashdots Avenue, very near Republic Square.

YEREVANIAN BERD - BLOCK ONE

is part of a large residential and commercial complex located near the Ararat wine and brandy factory, overlooking Hrazdan Gorge at the entry into Yerevan.

YEREVANIAN BERD - BLOCK TWO

is part of a large residential and commercial complex located near the Ararat wine and brandy factory, overlooking Hrazdan Gorge at the entry into Yerevan.

YEREVANIAN BERD - BLOCK THREE

is part of a large residential and commercial complex located near the Ararat wine and brandy factory, overlooking Hrazdan Gorge at the entry into Yerevan.

YEREVANIAN BERD - BLOCK FOUR

is part of a large residential and commercial complex located near the Ararat wine and brandy factory, overlooking Hrazdan Gorge at the entry into Yerevan.

YEREVANIAN BERD - BLOCKS 5 & 6

is part of a large residential and commercial complex located near the Ararat wine and brandy factory, overlooking Hrazdan Gorge at the entry into Yerevan.

YEREVANIAN BERD - BLOCKS 7-10

is part of a large residential and commercial complex located near the Ararat wine and brandy factory, overlooking Hrazdan Gorge at the entry into Yerevan.

GRIAR is a large residential, commercial and office complex located at the intersection of Amiryan and Zakyan Streets, near Yerevan's central Republic Square.

CASCADE is a residential building located on Demirjian Street, facing Parliament. Status: completed.

CHARENTS 24 is located on Charents Street near the university sector, and consists of luxury apartments and penthouses.

CASCADE 17 is a residential building located in an upscale neighborhood near the top of the Cascade Monument and Museum. Built by Urban Unit.

NORKVIEW is a residential building located in the upscale residential district of Nork Marash, overlooking the center of Yerevan.

ELITE PLAZA is a Class-A residential, commercial and office complex located on Khorenatsi Street, opposite the Gold Market and south of the Central Bank and Republic Square.

SOLE e LUNA is a charming residential building overlooking the British garden near the Italian and French Embassies. Built by Renco.

OUR YARD is a residential and commercial complex located at the intersection of Rostomi and Zavaryan Streets, near Krikor Lusavoritch Cathedral.

WINDOWS to ARARAT occupies prime real estate on a hillside overlooking Yerevan, with breathtaking views of Ararat and the city.

VANAHOVIT is a private residential compound located 16km from the center of Yerevan, on the highway to Ashtarag, with its own restaurant and recreation spaces.

ARTIN ENTERPRISES ONE is a residential, commercial and office building located on Arami Street not far from Mashdots Avenue.

STANISLAVSKI COMPLEX is a large residential, office and commercial building that sits right in the heart of Yerevan's new Northern Avenue, with views and access to North Avenue, the Opera House and Toumanyan Street.

GULBENKYAN 27 is a residential and commercial complex on Gulbenkyan Street, just off Komitas Avenue and Hrachya Kochar Street. Built by Yerevanshin.

PAPAZIAN is a 14-floor residential project consisting of several adjacent towers, located on Papazian Street off Komitas Avenue near Davitashen Bridge and overlooking Arabkir Park.

CITADEL is a top-rated multifunctional business center located at the intersection of Teryan and Koryun Streets, with open-concept office spaces, high-level security, conference, concert and exhibition halls, restaurants and cafes, a shopping center and fitness centers/spas.

HERMEK is located in the heart of Yerevan, overlooking a park, 5 minutes walk from the Opera House, Republic Square and Mashtots Avenue. It has quick access to downtown restaurants, shops, museums, and theatres.

DAVITASHEN is a large residential project consisting of several tower blocks, located just of Tigran Pertrossyan Street in the northern suburb of Davitashen and overlooking a large park.

66 TERYAN STREET is a residential and commercial complex that houses the headquarters of HSBC Bank Armenia. The building looks on to Yerevan's green belt, and has spectacular views of the city center.

ARTIN ENTERPRISES TWO is a residential, commercial and office building located at the intersection of Northern Avenue and Abovyan Street.

ARARAT TOWERS is a twin-tower residential complex located on the northern hilltop overlooking Baghramyan Avenue,t he American University and the city center. Accessible from both Baghramyan Avenue and Komitas Avenue.

ATAMYAN RESIDENTIAL ONE is a residential building located just off Pushkin Street in the heart of Yerevan, between Mashdots Avenue and Saryan Street.

PUSHKIN RESIDENTIAL ONE is a residential and building located just off the intersection of Pushkin and Abovyan Streets, across the street from Northern Avenue and the famous Dolmama restaurant, a short walk from Republic Square.

This MULTIFUNCTIONAL COMPLEX is probably the largest single project in Yerevan. Consisting of apartments, offices and shops, the building is located in Aygetsor, Yerevan's larger city center.

RENCO OFFICE ONE is a brand-new office building located at the intersection of Argishti and Lusavortich streets, opposite the French Embassy and Yerevan's Town Hall.

ANI TAGHAMAS is a charming residential neighborhood consisting of private villas in Tsaghgatsor, Armenia's top year-round tourism destination.

ATAMYAN RESIDENTIAL TWO is a residential and office building located just off the start of Baghramyan Avenue, just a short walk from the Opera House.

ARTIN ENTERPRISES THREE is a residential, commercial and office building located on Northern Avenue, in the middle of Yerevan's renovated central district.

34 NARDOS STREET is a 12-floor residential project consisting of several adjacent tower blocks located on Nar-Dos Street near the Movses Khorenatsou intersection.

ARTIN ENTERPRISES FOUR is a residential building facing a central Park along Mashdots Avenue, in a new residential area that contains a number of new buildings.

ATAMYAN RESIDENTIAL TWO is a residential building locate at the peak of Komitas Avenue. Designed by one of Armenia's top architects, Nareg Sarkissyan.

AMIRYAN PLAZA is a large-scale commercial project located in the heart of Yerevan just off Republic Square on Amiryan Street facing the Zakyan Street intersection at the southern end of the city's renovated center.

[Интервью с ЮляКомитетШуши]

100% Թուրք ա:

[В 2007г было создано около 16000]

На долю столицы Армении приходится 44,4% открытых в 2007 году малых и средних предприятий в стране. Об этом сказал во вторник на пресс-конференции исполнительный директор Национального центра развития малого и среднего предпринимательства (НЦРМСП) в Армении Ишхан Карапетян.

По его словам, в 2007 году в Армении было создано порядка 16 тыс. новых малых и средних предприятий, которые создали 23 тыс. новых рабочих мест в республике.

Карапетян сообщил, что центр осуществляет в областях страны программу по поддержке начинающих предпринимателей.

"В рамках программы мы предоставляем им гарантии, по которым предприниматели могут брать трехлетний кредит в банке в размере 1 млн драмов. Нужно сказать, что для сельских общин это достаточно большая сумма", - сказал Карапетян.

Он отметил, что по данной программе сельские жители могут брать кредиты с процентной ставкой 16-21%, в то время как обычно в селах кредиты выдаются под 22-26% в год.

"Сфера малого и среднего бизнеса в Армении демонстрирует положительные результаты, это видно из анализа статистических данных. В частности, в 2007 году удельный вес сферы малого и среднего предпринимательства Армении в ВВП составил 41% против 40,3% в 2006 году", - сказал Карапетян.

Он отметил, что увеличился также удельный вес МСБ в общем объеме экспорта, который в 2007 году составил 17% против 16,9% в 2006 году. Карапетян добавил, что индекс развития МСБ, рассчитанный по методологии ООН, в 2007 году составил 398,6 против 237,2 в 2006 году. По его словам, этот показатель в 7 раз превышает уровень 2002 года.

Исполнительный директор НЦРМСП сообщил, что в 2007 году удельный вес занятых в сфере МСБ составил 40,7% от всех рабочих мест в стране, в то время как этот показатель в 2006 году был равен 35,1%.

[Объем российских инвестиций в Армению в I квартале]

Объем инвестиций из России в Армению в январе-марте 2008г., по данным Национальной службы статистики Армении, составил 110 млн долл., в том числе прямые инвестиции - 55 млн 006,1 тыс. долл. Это составляет 65,8% от всего объема иностранных инвестиций в реальный сектор Армении и 59,9% от прямых инвестиций. По сравнению с аналогичным периодом 2007г. инвестиции из России увеличились в 3,3 раза, прямые инвестиции - в 2,3 раза. В январе-марте 2007г. объем инвестиций из России составлял 33,5 млн долл., из которых прямые инвестиции - 24,3 млн долл.

По совокупному объему инвестиций, а также по величине прямых инвестиций в Армению по итогам I квартала 2008г. Россия занимает первое место, передает "Арка".

Российские инвесторы 64,89% своих средств (70,9 млн долл.) направили в сферу связи, 22,98% (25,1 млн долл.) - в производство и распределение электроэнергии, газа, горячей воды и пара, 6,8% (7,4 млн долл.) - в металлургическую промышленность. Инвестиции также были осуществлены в такие сферы, как предоставление частных услуг (1,1 млн долл.), организация отдыха, развлечений, деятельность культуры и спорта (1,4 млн долл.), предоставление потребителям других видов услуг (2,6 млн долл.).

Общий объем иностранных инвестиций в экономику Армении за I квартал 2008г. составил 165,9 млн долл., из которых 91,7 млн долл. составили прямые инвестиции в реальный сектор.

[Список зарубежных компаний в Армении]

Trademarks, foreign companies and organizations Representing companies and organizations in Armenia

"1C" (Russia) "CIT" ("CENTER FOR INFORMATION TECHNOLOGIES"), Franchisee

"LINK", Franchisee

"2N TELEKOMUNIKACE" (Czech Republic) "MELINET" INFORMATION TECHNOLOGY SOLUTION PROVIDER, Distributor

"3COM" (USA) "BEVER COMPUTERS", Registered Partner

"MICRORING", Partner

"VALLEX IT", Network Solution Partner

"999 ACETONE" (Armenia) ARAM DANGHYAN, Holder

"999 GER LUTSICH" (Armenia) ARAM DANGHYAN, Holder

"999 PVA EMULSIA" (Armenia) ARAM DANGHYAN, Holder

"ABASKO" (Russia) "VERFAR", Exclusive Representative

"ABBOTT LABORATORIES" (USA) "PHARM TRUST", Representative and Distributor

"ABE ELECTRONICA" (Italy) "ARDZAGANK STUDIO" MUSIC COMPANY, Representative

"ABLOY" (Finland) "FITTICH HALDI", Representative

"ABRO" (USA) "COMFORT" COMPANY CHAIN STORE, Official Dealer

"ABSOLUT" (Sweden) "NOYAN TAPAN" SPECIALIZED CHAIN STORE FOR ALCOHOLIC BEVERAGES, Distributor

"ACE" (Germany) "STATE INSURANCE-ARMENIA", Reinsurance Partner

"ACORSA" (Spain) "HIKSOS", Distributor

"ACTAVIS" (Bulgaria) "PHARM TRUST", Distributor

"ADIDAS" (Austria) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"ADOBE" (USA) "DOM-DANIEL", Authorized Distributor

"ADOLF WUERTH" (Germany) "WURTH", ARMENIAN BRANCH OF "ADOLF WUERTH" COMPANY

"AEG-ELECTROLUX" (Germany-Sweden) "CONSEL", Representative

"AEV" (USA) "ARDZAGANK STUDIO" MUSIC COMPANY, Dealer

"AFTAB" (Iran) "TURNA", Distributor

"AGENT PROVOCATEUR" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"AGU" (Ukraine) "PIK-PAK" COSMETICS IMPORTATION COMPANY, Exclusive Distributor

"AGV" (Italy) "Z MOTORS COMPANY", Distributor

"AHMAD TEA" (United Kingdom) "NIVEA" WHOLESALE TRADING WAREHOUSE, Exclusive Distributor

"AIELLO" (Armenia) "NICOLA INTERNATIONAL, ARMENIA", Holder

"AIRFEL" (Turkey) "AIRFEL TRADE" AIR CONDITIONERS AND HEATING SYSTEMS SHOP, Partner

"AIR FRANCE" (France) "EXECUTIVE TRAVEL", General Agent

"AIRUNION" (Russia) "DIRIGIBLE", Representative

"AIST" (Russia) "SAR-JI", Authorized Distributor

"AKG" (Austria) "SHOW-MASTER", Distributor

"AKRIKHIN" (Russia) "MERCADO HOLDING", Distributor

"ALBATRON" (Taiwan) "ONLINE PLUS", Distributor

"ALCATEL-LUCENT" (France) "YEREVAN TELECOM SOLUTIONS", Business Partner

"ALCOPROM" (Russia) "MACRO-YEREVAN", Authorized Distributor

"ALESSANDRO DELL'ACQUA" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"ALEXI ANDRIOTTI" (Greece) "VIA ARTIS" WOMEN'S CLOTHES STORE, Distributor

"ALFA" (Turkey) "LIA-K GROUP", Distributor (powdered detergent)

"ALFA LAVAL GROUP" (Italy) "AROST", Exclusive Distributor

"ALFIERI & ST.JOHN" (Italy) "MERCURY" JEWELLERY BOUTIQUE, Official Dealer

"ALFRED KAERCHER" (Germany) "KAERCHER" COMMERCIAL CENTER, Distributor

"ALGOTHERM" (France) "ANASSA" SPA CENTER, Authorized Representative

"ALKMENE" (Germany) "QUANTUM S.", Distributor

"ALLGA SAN" (Germany) "ANTWERPEN", Exclusive Representative

"ALL-THERM" (Iran) "ALL THERM" SPECIALIZED SHOP FOR HEATING SYSTEMS, Representative

"ALLURE" MONEY TRANSFER SYSTEM (Russia) "CONVERSE BANK", Operator

"ALOKOZAY TEA" (United Arab Emirates) "HARD LIGHTS", Importer

"ALPA" (France) "SARD" CHAIN STORE, Dealer

"ALULUX" (Germany) "MMM", Authorized Distributor

"ALUPLAST" (Germany) "KARITAS" WOOD WORKING CENTER, Exclusive Dealer

"ALVARION" (Israel) "REDINET", Authorized Distributor

"AMCODOR" (Belarus) "BELAZ KAVKAZ TRANS SERVICE", Partner

"GALOPER", Dealer

AMERICAN SOCIETY OF TRAVEL AGENTS (ASTA) (USA) "FIVE STARS TRAVEL", Representative

"AMITA MACHINES" (Japan) "ROCARM" PRODUCTION COMPLEX, Partner

"AMOUN PHARMACEUTICAL" (Egypt) "PHARM GOHAR", Distributor

"ANDROMEDA" (Italy) "PILE" SHOP SALON, Authorized Distributor

"ANELIK" MONEY TRANSFER SYSTEM (Armenia) "ANELIK BANK", Holder

"ARARATBANK", Operator

"ARMBUSINESSBANK", Operator

"PROMETEY BANK", Member

"VTB BANK (ARMENIA)", Operator

"ANGEL SCHLESSER" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"ANIBIOTECH" (Finland) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"ANTADO" (Poland) "ABACHO-FRANCE", Exclusive Distributor

"ANTHOGYR" (France) "ACC ASSOCIATES", Authorized Representative

"ANTHURA" (Netherlands) "HEALTHY PLANTS", Representative

"ANTICA MURRINA VENEZIANA" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (fashion jewelry)

"EGOISTE" BOUTIQUE, Exclusive Distributor (souvenirs)

"ANUSH" (Armenia) "KOT-CHEMICAL", Holder

"APARAN" (Armenia) "WATERLOK", Holder (spring water)

"APC" (USA) "BI LINE", Master Distributor, Authorized Service Center

"CIT" ("CENTER FOR INFORMATION TECHNOLOGIES"), Dealer

"COMPUTER SERVICE", Partner

"KHARTIA", Partner

"MICRORING", Distributor

"VALLEX IT", Authorized Reseller

"APE" (Italy) "TERMOROS-AR" HEATING SYSTEMS SHOWROOM, Distributor

"APPLE COMPUTER" (USA) "APPLECENTER" COMPUTER WARE STORE, Authorized Representative

"MICRORING", Distributor

"APPLE IMC" (USA) "MTD-GROUP", Business Partner, Authorized Service Center

"AQUAPHOR" (Russia) "GIPFEL" KITCHENWARE SHOP, Exclusive Representative

"ARAN" (Italy) "ZIGZAG", Dealer

"ARARAT" (Armenia) "YEREVAN BRANDY COMPANY", Holder

"ARCOR" (Argentina) "CHAICOFF" SPECIALIZED SHOP FOR TEA AND COFFEE, Exclusive Distributor (confectionery)

"ARDO" (Italy) "COMFORT" COMPANY CHAIN STORE, Distributor

"ARENI-MALISHKAI" (Armenia) "MARAN", Holder

"ARENI MARANI" (Armenia) "MARAN", Holder

"ARGOTOUR" (Georgia) "ARGOTOUR" TRAVEL AGENCY, YEREVAN BRANCH OF GEORGIAN "ARGOTOUR" LTD.

"ARGUMENTI NEDELI" (Russia) "ARGUMENTI NEDELI V ARMENII" WEEKLY, Partner

"ARISTON" (Italy) "COMFORT" COMPANY CHAIN STORE, Official Dealer

"V-THERMO" HEATING SYSTEMS AND PLUMBING FIXTURES SHOP, Partner

"ZIGZAG", Dealer

"ARIX" (Italy) "NAREK" CHAIN STORE, Exclusive Distributor

"ARJO WIGGINS" (France) "ANTARES HOLDING", Distributor

"ARMAND BASI" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"ARMAQUA" (Armenia) "JERMUK GROUP", Holder

"ARMENIA" (Armenia) "BJNI" MINERAL WATERS PLANT, Producer (spring water)

"WATERLOK", Holder (mineral water)

"ARMENIA YELLOW PAGES" (Armenia) SPYUR INFORMATION CENTER, Holder

"ARMENTEL" (Armenia) "MACRO-YEREVAN", Authorized Distributor

"AROR" (Armenia) "TSOVI ASTGH", Holder

"ART" (Germany) "AVANGARD MOTORS", Partner

"ARTFOOD" (Armenia) ARTASHAT CANNERY, Holder

"ARTIOLI" (Italy) "ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Distributor

"A.S. CREATION" (Germany) "SARD" CHAIN STORE, Dealer

"ASIA PHARMACEUTICAL INDUSTRIES" (Syria) "ARMFARM", Authorized Representative

"ASL INTERCOM" (Netherlands) "SHOW-MASTER", Distributor

"ASPECT" (Russia) "EDESSA", Representative

"ASTELLAS" (Netherlands) "NATALI PHARM", Distributor

"ASTRAL" (Spain) "AQUATUS" SHOWROOM OF SAUNAS & SWIMMING POOLS, Distributor

"ASUS" (USA) "COMPUTER SERVICE", Partner

"ATOMTECHENERGO" (Russia) "TECHNOATOMENERGO", Partner

"ATOP TECHNOLOGY" (China) "YEREVAN TELECOM SOLUTIONS", Partner

"AUDI" (Germany) "OVNE" CAR MAINTENANCE COMPANY, Service Center

"AUSTRIAN AIRLINES" (Austria) "AUSTRIAN AIRLINES", ARMENIAN BRANCH

"AUTODIESEL" (Russia) KAPAN MACHINE-BUILDING PLANT, Dealer

"AVAYA" (USA) "MICRORING", Business Partner

"AVENE" (France) "ARSANA", Exclusive Distributor

"AVERMEDIA INFORMATION INC." (Taiwan) "FIRM ALPHA", Authorized Regional Distributor

"AVK" (Ukraine) "SOVRANO", Partner

"AVTOKRAZ" (Ukraine) "G.A.A.S. MOTORS", Authorized Representative

KAPAN MACHINE-BUILDING PLANT, Dealer

"AVTO LTD" (Russia) "HUYS-MOTOR", Authorized Importer

"AWARENESS TECHNOLOGY" (USA) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"AXA GROUP" (France) "ROYAL INSURANCE", Partner

"AZAD PHARMA" (Switzerland) "AZAD FINE CHEMICALS", Partner

"AZMOL" (Ukraine) "ARMAN-OIL", Dealer

"EXPORT OIL", Representative

"VALVOLINE" ENGINE OIL STORE, Authorized Representative

"VILA TRANS", Authorized Representative

"BACON" (Armenia) "LINDA" MEAT PROCESSING AND PACKING FACTORY, Holder

"BAGI" (Israel) "CONTE ELEGANT", Exclusive Representative

"BAILEYS" (United Kingdom) "AGENA" ALCOHOLIC BEVERAGE IMPORTATION COMPANY, Distributor

"BALACRON" (Netherlands) "ANTARES HOLDING", Distributor

"BALCONI" (Italy) "SOVRANO", Partner

"BALDESSARINI" (Germany) "MILANO" TRADE STORE, Exclusive Distributor

"ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"BALDININI" (Italy) "ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Partner

"BALKANPHARMA" (Bulgaria) "NATALI PHARM", Distributor

"BALLY" (Switzerland) "BALLY" BRAND SHOE AND LEATHER ACCESSORIES STORE, Franchisee

"BALTIKA" (Russia) "JERMUK GROUP", Distributor

"BANG & OLUFSEN" (Denmark) "BANG & OLUFSEN" AUDIO & VIDEO EQUIPMENT STORE, Official Dealer

BARANOVICHI COTTON PRODUCTION ASSOCIATION (Belarus) "LAUMA" LINGERIE FIRM SHOP, Authorized Distributor

"BARCO" (Belgium) "BUSINESS-INVEST", Distributor

"BARF" (Iran) "MONA GROUP", Business Partner

"BARKER" (United Kingdom) "ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Distributor

"BARKHATNYE RUCHKI" (Russia) "C & F CO", Authorized Distributor

"BASIC HOUSE" (Republic of Korea) "BASIC HOUSE" CLOTHING SHOP, Representative

"BAW" (China) "AAB CONCERN", Exclusive Representative

"BAXI" (Italy) "CERAMICA", Partner

"V-THERMO" HEATING SYSTEMS AND PLUMBING FIXTURES SHOP, Partner

"BAYER SCHERING PHARMA AG" (Germany) "DEGHABAZA YEREVAN", Authorized Distributor

"BBC" (United Kingdom) "RADIO IMPULS-MAYAK FM-106.5", Official Partner

"B.BRAUN" (Germany) "NATALI PHARM", Distributor

"BEARMACH" (United Kingdom) "KARHAGAR", Distributor

"BEAUD" (France) "EGOISTE" BOUTIQUE, Exclusive Distributor (accessories for watches)

"BEAUFOUR IPSEN PHARMA" (France) "QUANTUM S.", Distributor

"BEKO" (Germany) "BEKO" BRAND CHAIN STORE, Exclusive Distributor

"BELAVIA" (Belarus) "BELAVIASERVICE", General Agent

"BELAZ" (Belarus) "BELAZ KAVKAZ TRANS SERVICE", Dealer

"BELLA" (Poland) "NAREK" CHAIN STORE, Exclusive Distributor

"SAR-JI", Authorized Distributor

"BELLAVISTA" (Spain) "IDEAL SYSTEM" CHAIN STORE, Partner

"BELSHINA" (Belarus) "BELAZ KAVKAZ TRANS SERVICE", Dealer

"BENETTON" (Italy) "UNITED COLORS OF BENETTON" CLOTHING SHOP, Authorized Representative

"BENJAMIN MOORE PAINTS" (USA) "BENJAMIN MOORE" PAINTWORK MATERIALS SHOP, Exclusive Representative

"BERCO" (Italy) "A-JAVA", Partner

"BERETTA" (Italy) "BERETTA" HEATING SYSTEMS SHOWROOM, Dealer

"MASTER LUX" SHOP, Seller

"V-THERMO" HEATING SYSTEMS AND PLUMBING FIXTURES SHOP, Partner

MARSEL AYVAZYAN, Partner

"BERGER" (United Kingdom) "ATLANTA" SHOP, Distributor

"BERNAFON" (Switzerland) "ARFA-MED" HEARING AIDS CENTER, Authorized Partner

"BERNARDAUD" (France) "EGOISTE" BOUTIQUE, Exclusive Distributor (chinaware)

"BETTY BARCLAY" (Germany) "BETTY BARCLAY" WOMEN'S CLOTHES FIRM SHOP, Exclusive Representative

"BEYERDYNAMIC" (Germany) "ARDZAGANK STUDIO" MUSIC COMPANY, Representative

"BIASI" (Italy) "AR & AR DESIGN CONSTRUCTION", Distributor

"ARTCLIMA", Partner

"EUROPROFILE", Distributor

"V-THERMO" HEATING SYSTEMS AND PLUMBING FIXTURES SHOP, Partner

MARSEL AYVAZYAN, Partner

"BIELLA" (Armenia) "VALLETTA", Holder

"BILANCIONI" (Italy) "MILANO" TRADE STORE, Authorized Distributor

"BILIJARDAI" (Lithuania) "BILLIARDIST" SPECIALIZED SHOP FOR BILLIARDS TABLES AND ACCESSORIES, Partner

"BILL COST" (Greece) "VIA ARTIS" WOMEN'S CLOTHES STORE, Distributor

"BIOCAD" (Russia) "PHARM TRUST", Representative and Distributor

"BIO COSMETIC" (Sweden) "IDEA-S", Authorized Representative

"BIODERMA" (France) "ARSANA", Exclusive Distributor

"BIOFORM RESEARCH CENTER" (Russia) "PHARM TRUST", Representative and Distributor

"BIOLA" (Ukraine) "UNION", Exclusive Distributor (juices)

"BIOMEDICARE" (India) "MERCADO HOLDING", Representative

"BISTRAYA POCHTA" MONEY TRANSFER SYSTEM (Russia) "ARDSHININVESTBANK" BANK FOR INDUSTRY, CONSTRUCTION AND INVESTMENT, Agent

"AREXIMBANK", Operator

"INECOBANK", Operator

"VTB BANK (ARMENIA)", Operator

"BITZER" GROUP OF COMPANIES (Germany) "AROST", Exclusive Distributor

"BJC" (Spain) "PILE" SHOP SALON, Exclusive Distributor

"BJNI" (Armenia) "BJNI" MINERAL WATERS PLANT, Producer (mineral water)

"BLANSOL" (Spain) "IDEAL SYSTEM" CHAIN STORE, Partner

"BLIZKO" MONEY TRANSFER SYSTEM (Russia) "CONVERSE BANK", Operator

"BMT" (Czech Republic) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"BMW" (Germany) "ELIT" SPECIALIZED CHAIN STORE, Seller (automotive spare parts)

"EUROMOTORS", Exclusive Importer

"EUROMOTORS", Importer (automotive spare parts)

"EUROMOTORS", Service Center

"OVNE" CAR MAINTENANCE COMPANY, Service Center

"BOBCAT" (USA) "RAFAEL", Dealer

"BODUM" (Switzerland) "CHAICOFF" SPECIALIZED SHOP FOR TEA AND COFFEE, Authorized Representative

"BOECKEL" (Germany) "DELTA" RESEARCH AND PRODUCTION CENTER, Exclusive Distributor

"BOEHRINGER INGELHEIM" (Austria) "LAMBRON-PHARMIMPEX", Distributor

"BOLID" (Russia) "DS SYSTEMS", Authorized Representative

"ELCOMP", Business Partner

"BOMBARDIER RECREATIONAL PRODUCTS" (Canada) "VITESSE", Distributor

BORSCHAGOVSKY CHEMICAL-PHARMACEUTICAL PLANT (Ukraine) "ARMFARM", Authorized Representative

"BOSCH" (Germany) "BINAM", Representative (automotive spare parts)

"IND COMP", Official Dealer

"ZIGZAG", Dealer

"BOSCH THERMOTECHNIK" (Germany) "BOSCH" SPECIALIZED SHOP OF HEATING SYSTEMS, Exclusive Distributor, Authorized Service Center

"BOSS" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"BOUCHARA RECORDATI" (France) "PHARM TRUST", Representative and Distributor

"BOURJOIS" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"BOVA" (Germany) "IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"BOVELACCI" (Italy) "NAREK", Business Partner

"BRABUS" (Germany) "AVANGARD MOTORS", Partner

"BRANCHER" (France) "LIMUSH", Business Partner

"BRINKO" (Germany) "EUROTERM", Exclusive Distributor

"BRISTOL-MYERS SQUIBB" (Switzerland) "NATALI PHARM", Distributor

"BRITISH AMERICAN TOBACCO" (United Kingdom) "BRITISH AMERICAN TOBACCO (UK & EXPORT)" LTD., ARMENIA REPRESENTATIVE OFFICE

"BRITISH MIDLAND AIRWAYS LIMITED" (United Kingdom) "BRITISH MIDLAND AIRWAYS LIMITED", ARMENIAN BRANCH

"CARGO BRIDGE", General Sales and Services Agent

"BRITISH PETROLEUM" (United Kingdom) "GT-AR GROUP", Exclusive Representative

"BRUNNEN" (Germany) "ANTARES HOLDING", Distributor

"BSB" (Greece) "VIA ARTIS" WOMEN'S CLOTHES STORE, Distributor

"BSS" (USA) "SHOW-MASTER", Distributor

"BUDERUS" (Germany) "AR & AR DESIGN CONSTRUCTION", Dealer

"BULVINOS CHEMICALS" (United Kingdom) "BULVINOS CHEMICALS", Representative

"BUREAU VERITAS" (Ukraine) "BUREAU VERITAS ARMENIA", Authorized Representative

"BUZON" (Belgium) "GEESA", Representative

"BVLGARI" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"BYBLOS" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"BYUREGH" (Armenia) "JERMUK GROUP", Holder

"CALVIN KLEIN" (Switzerland) "EIFFEL" SALON OF SWISS WATCHES, Official Dealer

"CAMELION" (Germany) "POLAROID" SHOP, Partner

"CAMPIONI" (Italy) "VALLETTA", Distributor

"CAN-AM" (Canada) "VITESSE", Distributor

"CANON" (Japan) "FINE", Authorized Reseller

"CAPAROL" (Germany) "FIL", Authorized Representative

"CARACTERE" (Italy) "MILANO" TRADE STORE, Exclusive Distributor

"CARDIOCENTER" (Russia) "PHARM TRUST", Representative and Distributor

"CARLSBERG BRAUEREI" (Denmark) "TIEZERK", Authorized Distributor

"CARLSON FILTRATION" (United Kingdom) "BULVINOS CHEMICALS", Country Distributor

"CARL ZEISS" (Germany) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"CARRARA" (Italy) "SOFT LAND" TEXTILE HOME, Importer

"CARRIER" (USA) "AR & AR DESIGN CONSTRUCTION", Dealer

"CARRIER TRANSICOLD FRANCE" (France) "SPAYKA", Exclusive Distributor

"CARTON PLAST" (Iran) "PALIMPSEST" CONSULTING ARCHITECTS, ENGINEERS AND PLANNERS, Exclusive Representative

"CASPIAN" AIRLINES (Iran) "TATEV-T.T.T.", Authorized Representative

"CASTROL" (United Kingdom) "GT-AR GROUP", Exclusive Representative

"CATERPILLAR" (USA) "ZEPPELIN ARMENIA", Authorized Distributor

"CAV" (France) "ZIGZAG", Dealer

"CERABATI" (France) "SARD" CHAIN STORE, Dealer

"CERAMICA DOLOMITE" (Italy) "CERAMICA", Partner

"CERAMIKA PARADYZ" (Poland) "ABACHO-FRANCE", Exclusive Distributor

"CERESIT" (Germany) "HENKO", Official Dealer

"CERRUTI" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"CERSANIT" (Poland) "ABACHO-FRANCE", Exclusive Distributor

"CHAFFOTEAUX" (France) "AIRFEL TRADE" AIR CONDITIONERS AND HEATING SYSTEMS SHOP, Representative

"CHERKIZOVSKY" (Russia) "CATHERINE GROUP", Exclusive Distributor

"CHERNY ZHEMCHUG" (Russia) "C & F CO", Authorized Distributor

"KALINA-DVIN", Distributor

"CHIMENTO" (Italy) "MERCURY" JEWELLERY BOUTIQUE, Authorized Distributor

"CHISTAYA LINIYA" (Russia) "C & F CO", Authorized Distributor

"KALINA-DVIN", Distributor

"CHODOVAR" (Czech Republic) "BOHEMIAN RESORT" HOTEL COMPLEX, Authorized Representative and Distributor

"CHORATAN" (Armenia) "AGASHA", Holder

"CHRISTIAN BRETON" (France) "RENOIR" SALON-BOUTIQUE, Exclusive Distributor

"CHRISTIAN DIOR PARFUMS" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"CHTZ" (Russia) "GALOPER", Dealer

"CHUVASHTORGTECHNIKA" (Russia) "UNIVERSAL ORDER" HOTEL, RESTAURANT & CATERING PRODUCTS TRADE CENTER, Authorized Representative

"CIBA VISION" (Switzerland) "LUMIERE" OPTICAL SALON, Exclusive Representative

"CILAG" (Switzerland) "AZAD FINE CHEMICALS", Exclusive Distributor

"CILAG GMBH INTERNATIONAL" (Switzerland) "DEGHABAZA YEREVAN", Distributor

"LAGI", Partner

"CIPLA" (India) "ARNICA", Exclusive Distributor

"CISCO" (USA) "YEREVAN TELECOM SOLUTIONS", Partner

"CISCO SYSTEMS" (USA) "BI LINE", Authorized Dealer, Reseller

"CIT" ("CENTER FOR INFORMATION TECHNOLOGIES"), Authorized Partner

"DOM-DANIEL", Authorized Reseller

"INNOVA SOLUTIONS", Partner

"MICRORING", Business Partner

"REDINET", Official Partner

"UNICOMP", Partner

"VALLEX IT", Business Partner

"CLIVET" (Italy) "MASTER-CLIMA", Official Dealer

"CODA AUDIO" (Germany) "ARDZAGANK STUDIO" MUSIC COMPANY, Dealer

"CO.DA.P COLA DAIRY PRODUCTS SPA" (Italy) "ALPHA FOOD SERVICE", Exclusive Distributor

"COES" (Italy) "EUROPROFILE", Business Partner

"TERMOROS-AR" HEATING SYSTEMS SHOWROOM, Distributor

"COLGATE - PALMOLIVE" (USA) "DERJAVA-S", Distributor

"COMAP" (France) "THERMOSYS" SHOWROOM, Authorized Distributor

"COMISA" (Italy) "BOSCH" SPECIALIZED SHOP OF HEATING SYSTEMS, Authorized Distributor

"CONTACT" MONEY TRANSFER SYSTEM (Russia) "ARDSHININVESTBANK" BANK FOR INDUSTRY, CONSTRUCTION AND INVESTMENT, Agent

"CONVERSE BANK", Operator

"DEPI TUN" MONEY TRANSFER AND PAYMENTS OFFICE, Subagent

"HAYPOST", Operator

"COOPERATIVA CERAMICA D'IMOLA" (Italy) "CERAMICA", Partner

"COOPOLIVA" (Spain) "UNIVERSAM GROUP", Distributor

"COREL" (USA) "DOM-DANIEL", Authorized Distributor

"COTTO" (Japan) "NOR TUN" BUILDING MATERIALS CHAIN STORE, Exclusive Distributor

"COVEX SA" (Spain) "ARMFARM", Authorized Representative

"CP PHARMACEUTICALS" (United Kingdom) "DEGHABAZA YEREVAN", Distributor

"CREED" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"CRESPO" (Spain) "VALLETTA", Distributor

"CROWN" (USA) "SHOW-MASTER", Distributor

"CROWN OF FERTILITY" (Russia) "HIKSOS", Distributor

"CSC" (Austria) "QUANTUM S.", Distributor

"CTC-BENTONE" (Sweden) "EUROTERM", Authorized Distributor

"CTS VIAGGI" AIRCOMPANY (Italy) "MGA CONTINENT", Exclusive Representative

"CTX" (Thailand) "UNICOMP", Distributor

"CUENOD" (France) "AR & AR DESIGN CONSTRUCTION", Distributor

"CYDEN LIMITED" (United Kingdom) "PHARM GOHAR", Distributor

"CZECH AIRLINES" (Czech Republic) "VISA CONCORD" (RUSSIA), ARMENIAN BRANCH, General Agent

"D & B AUDIOTECHNIK" (Germany) "ARDZAGANK STUDIO" MUSIC COMPANY, Dealer

"D & G" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"DAB" (Italy) "EUROTERM", Sales Agent

"TERMOROS-AR" HEATING SYSTEMS SHOWROOM, Distributor

"DAB PUMPS" (Italy) "MASTER-CLIMA", Official Dealer

"DAEWOO DAMAS" (Uzbekistan) "UNION", Importer (cars)

"DAEWOO ELECTRONICS" (Republic of Korea) "ATLANTA" SHOP, Exclusive Distributor

"DAEWOO MATIZ" (Uzbekistan) "UNION", Importer (cars)

"DAEWOO NEXIA" (Uzbekistan) "UNION", Importer (cars)

"DAF" (Germany) "IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"DAIMLER" (Germany) "AVANGARD MOTORS", General Distributor

"DAMIANI" (Italy) "MERCURY" JEWELLERY BOUTIQUE, Official Dealer

"DANIEL SWAROVSKI" (Austria) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"D.A.S. AUDIO" (Spain) "FORTE" MUSIC CENTER, Distributor

"DATA+" (Russia) "MICRORING", Distributor

"DAYCO" (Italy) "EVROPEL" AUTOMOTIVE SPARE PARTS SPECIALIZED SHOP, Partner (automotive spare parts)

"DB TECHNOLOGIES" (Italy) "ARDZAGANK STUDIO" MUSIC COMPANY, Dealer

"DBX" (USA) "SHOW-MASTER", Distributor

"DEANTE" (Poland) "ABACHO-FRANCE", Exclusive Distributor

"DE DIETRICH" (France) "EUROPROFILE", Distributor

"DEFENDER" (Germany) "INFORM ALLIANCE", Official Dealer

"DELL" (USA) "LANS", Service Provider and International Distributor

"VALLEX IT", Authorized Distributor

"DE'LONGHI" (Italy) "MASTER-CLIMA", Official Dealer

"DELPHI LOCKHEED" (United Kingdom) "ENGLISH TRADE HOUSE", Authorized Distributor

"DERBY" (Turkey) "YEREVAN PLAST", Dealer

"DETECON INTERNATIONAL" (Germany) "ACC ASSOCIATES", Authorized Representative

"DEUTZ" (Germany) "BELAZ KAVKAZ TRANS SERVICE", Dealer

"DEVI" (Denmark) "MASTER LUX" SHOP, Seller

"DE-VI" (Denmark) "KARIN", Official Dealer

"DEWALT" (Germany) "AREG", Distributor

"DHU" (Germany) "PHARM TRUST", Representative and Distributor

"DIAGEO" (United Kingdom) "AGENA" ALCOHOLIC BEVERAGE IMPORTATION COMPANY, Distributor

"DICOTA" (Germany) "UNICOMP", Distributor

"DILMAH" (Sri Lanka) "SOVRANO", Partner

"DIMA" (Italy) "NAREK", Business Partner

"DIONICE" (Russia) "MACRO-YEREVAN", Exclusive Distributor

"DIROL CADBURY" (Russia) "DERJAVA-S", Distributor

"DISNEY" (Spain) "SOFT LAND" TEXTILE HOME, Importer

"D-LINK" (USA) "ONLINE PLUS", Authorized Distributor

"DOCTOR TRAVKIN" (Russia) "NAREK" CHAIN STORE, Exclusive Distributor

"DOD" (USA) "SHOW-MASTER", Distributor

"DOLCE & GABBANA" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"DOLINA VKUSA" (Armenia) "BORODINO" ARMENIAN CANNERY, Holder

"DOLIVA" (Germany) "ANTWERPEN", Exclusive Representative

"DOMESTOS" (United Kingdom) "C & F CO", Authorized Distributor

"DONBASSAERO" (Ukraine) "DONBAS-TOUR", Representative

"DOOSAN" (Republic of Korea) "RAFAEL", Dealer

"DORMA" (Germany) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"EUROPROFILE", Partner

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"MMM", Authorized Distributor

"DOVE" (United Kingdom) "C & F CO", Authorized Distributor

"DPI" (Japan) "BEARINGS CITY", Distributor

"DRAEGER" (Germany) "DIASERV", Distributor

"DRAKA COMTEQ" (Germany) "YEREVAN TELECOM SOLUTIONS", Business Partner

"DREMEL" (Mexico) "IND COMP", Exclusive Dealer

"DRG INTERNATIONAL" (USA) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"DR.THEISS" (Germany) "ANTWERPEN", Exclusive Representative

"DUCRAY" (France) "ARSANA", Exclusive Distributor

"DUFA" (Germany) "SARD" CHAIN STORE, Dealer

"DUNHILL" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"DUPLO" (Japan) "ALPHA-PRINT" PRINTING HOUSE, Partner

"DURABLE" (Germany) "ANTARES HOLDING", Distributor

"DURALAMP" (Italy) "PILE" SHOP SALON, Exclusive Distributor

"DURON" (USA) "YERANG" PAINT SHOP, Distributor

"DUTCH BOY" (USA) "YERANG" PAINT SHOP, Distributor

"DZINTARS" (Latvia) "ANTWERPEN", Exclusive Representative

"ECO" (Italy) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"ECOFLAM" (Italy) "AR & AR DESIGN CONSTRUCTION", Dealer

"MASTER-CLIMA", Official Dealer

"ECOLAB" (Germany) "BULVINOS CHEMICALS", Country Commercial Agent

"EDDING" (Germany) "ANTARES HOLDING", Distributor

"EDRAM" PAYMENT SYSTEM (Armenia) "NATC" ("NEW AGE TRUST CORPORATION"), Holder

EDUCATION & TRAINING CENTER OF THE NETHERLANDS (ETCN) (Netherlands) ARMENIAN MARKETING ASSOCIATION, Exclusive Partner

"EFFECT" (Ukraine) "NIVEA" WHOLESALE TRADING WAREHOUSE, Distributor

"EGIS" (Hungary) "LAMBRON-PHARMIMPEX", Distributor

"EKRIS" (Russia) "HUYS-MOTOR", Authorized Importer

"ELENOS" (Italy) "ARDZAGANK STUDIO" MUSIC COMPANY, Representative

"ELNOR" (Armenia) "ELNOR" BUTTER FACTORY, Holder

"EMANUEL UNGARO" (France) "SOFT LAND" TEXTILE HOME, Importer

"EMILIANA PARATI" (Italy) "NAREK", Business Partner

"EMILIO CARANDINI" (Italy) "ALPHA FOOD SERVICE", Exclusive Distributor

"EMME UNO" (Italy) "MODERN" SPECIALIZED SHOP FOR PLUMBING FIXTURES, Distributor

"EMSAL" (Germany) "NARIM", Exclusive Distributor

"EMTEC/BASF" (Germany) "UNICOMP", Dealer

"ENERGIZER" (Switzerland) "NARIM", Exclusive Distributor

ENGELS FILTER PLANT (Russia) "VILA TRANS", Partner

"EPSON" (Japan) "NORMA SERVICE", Authorized Service Center

"ERDAL" (Germany) "NARIM", Exclusive Distributor

"ERDAS" (USA) "MICRORING", Distributor

"ERICSSON" (Sweden) "INNOVA SOLUTIONS", Authorized Reseller

"ERMENEGILDO ZEGNA" (Italy) "ERMENEGILDO ZEGNA" MEN'S ELITE CLOTHING BOUTIQUE, Exclusive Representative

"ESCADA" (Germany) "ESCADA" WOMEN'S CLOTHING STORE, Franchisee

"ESCADA SPORT" (Germany) "ESCADA" WOMEN'S CLOTHING STORE, Franchisee

"ESRI" (USA) "MICRORING", Distributor

"ESSE" (Republic of Korea) "HARD LIGHTS", Importer

"ESSILOR" (France) "LUMIERE" OPTICAL SALON, Exclusive Representative

"ETERNIT" (Belgium) "TRIYAN", Distributor

"EUREKA" (Greece) "PARTNER", Distributor

"EUROPCAR INTERNATIONAL" "EUROPCAR" RENT-A-CAR, Exclusive Representative

EUROPEAN FESTIVAL ASSOCIATION "PERSPECTIVES XXI" INTERNATIONAL MUSIC FESTIVAL, Full Member

"EUROTAXPOL" (Poland) "ABACHO-FRANCE", Exclusive Distributor

"EUROTERM" (Armenia) "EUROTERM", Holder

"EVELINE COSMETICS" (Poland) "SAR-JI", Authorized Distributor

"EXTE" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"EXTRON ELECTRONICS" (USA) "FIRM ALPHA", Authorized Distributor

"FA" (Germany) "C & F CO", Authorized Distributor

"FABERLIC" (Russia) "FABERLIC-ZAKAVKAZYE", Official Service Center

"FABI" (Italy) "ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Partner

"FAGOR" (Spain) "HASMIK-H ELECTRONICS" HOUSEHOLD ELECTRICAL EQUIPMENT STORE, Representative

"FAL" (Italy) "SHOW-MASTER", Distributor

"FAR" (Italy) "TERMOROS-AR" HEATING SYSTEMS SHOWROOM, Distributor

"FARAL" (Italy) "CERAMICA", Partner

"FARASSOO" (United Arab Emirates) "GF COMPUTERS", Authorized Distributor

"FARIMAN" (Iran) "TURNA", Distributor

"FARMACOLOR PROFESSIONAL" (Italy) "NJF DISTRIBUTION", Authorized Distributor

"FARMAK" (Ukraine) "ARMFARM", Authorized Representative

"FARMAVITA" (Italy) "NJF DISTRIBUTION", Exclusive Representative

"FASTNET" (Armenia) "BIONET", Holder

"FAW" (China) "AAB CONCERN", Exclusive Representative

"FCS-BUROTECHNIK" (Germany) "ALPHA-PRINT" PRINTING HOUSE, Partner

"FEDEX" (USA) "TRANSIMPEX", Agent

"FEG-KONVEKTOR" (Hungary) "AR & AR DESIGN CONSTRUCTION", Distributor

"FENOX" (Belarus) "BELAZ KAVKAZ TRANS SERVICE", Partner

"FERGANA" (Uzbekistan) "ARMAN-OIL", Dealer

"FERO" (Armenia) "FERO", Holder

"FERRERO" (Italy) "DERJAVA-S", Distributor

"FERROLI" (Italy) "ARTCLIMA", Partner

"MAVA TERM", Authorized Representative

"V-THERMO" HEATING SYSTEMS AND PLUMBING FIXTURES SHOP, Partner

"FERROSAN A/S" (Denmark) "DEGHABAZA YEREVAN", Distributor

"FETI" (Armenia) "FERO", Holder

"FGUP KREML" (Russia) "MACRO-YEREVAN", Exclusive Distributor

"FHP MANUFACTURING" (USA) "TIR-ECOTHERM", Authorized Distributor

"FIATA" "MELTRANS" CARGO TRANSPORTATION COMPANY, Official Member

"FILADORO" (Italy) "NJF DISTRIBUTION", Exclusive Distributor

"FIORE" (Italy) "MODERN" SPECIALIZED SHOP FOR PLUMBING FIXTURES, Distributor

"FIV" (Italy) "TERMOROS-AR" HEATING SYSTEMS SHOWROOM, Distributor

"FLORA" (Ukraine) "PIK-PAK" COSMETICS IMPORTATION COMPANY, Exclusive Distributor

"FLORENA" (Germany) "NIVEA" WHOLESALE TRADING WAREHOUSE, Distributor

"FLOS" (Italy) "PILE" SHOP SALON, Authorized Representative

"FLUGEL" (Germany) "EUROINTER" CANDLES AND ACCESSORIES SPECIALIZED SHOP, Distributor

"FLUKE NETWORKS" (USA) "LANS", Certified Partner

"FONDITAL" (Italy) "KANAYAN & CO", Certified Partner

"NOR TUN" BUILDING MATERIALS CHAIN STORE, Exclusive Distributor

"V-THERMO" HEATING SYSTEMS AND PLUMBING FIXTURES SHOP, Partner

"FORD" (Germany) "FORA", Authorized Representative

"FORD" (USA) "IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"OVNE" CAR MAINTENANCE COMPANY, Service Center

"FORTE" (Armenia) "PAPAZYAN-OSKANYAN", Holder (coffee)

"FOTON" (China) "AAB CONCERN", Exclusive Representative

"FRANC ALFA" (France) "SARD" CHAIN STORE, Dealer

"FREDERIQUE CONSTANT" (Switzerland) "EIFFEL" SALON OF SWISS WATCHES, Official Dealer

"FROSCH" (Germany) "NARIM", Exclusive Distributor

"FUJI" (Japan) "JUPITER PHOTO EXPRESS", Partner

"FUJIFILM" (Japan) "INFORM ALLIANCE", Authorized Official Distributor

"FUJIREBIO DIAGNOSTICS" (Sweden) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"FUJITSU SIEMENS COMPUTERS" (Germany) "BECAM", Authorized Business Partner

"FINE", Authorized Representative

"MICRORING", Business Partner

"MTD-GROUP", Business Partner, Authorized Service Center

"FUKUDA DENSHI" (Japan) "DIASERV", Distributor

"GABEL" (Italy) "SOFT LAND" TEXTILE HOME, Importer

"GALENIC" (France) "ARSANA", Exclusive Distributor

"GALENIKA" (Serbia) "MERCADO HOLDING", Representative

"GALLINA BLANCA" (Spain) "DERJAVA-S", Distributor

"GALLUS" (Switzerland) "HEIDELBERGER DRUCKMASCHINEN OSTEUROPA VERTRIEBS GMBH", REPRESENTATION IN ARMENIA, Partner

"GAMMA CENTER" (Russia) "SMART-TEST" BANK EQUIPMENT IMPORTATION AND SERVICE COMPANY, Authorized Business Partner

"GARNI COLA" (Armenia) "ROCARM" PRODUCTION COMPLEX, Holder

"GARNI CRISTALLINE" (Armenia) "ROCARM" PRODUCTION COMPLEX, Holder

"GAZ" (Russia) "KARCOMAUTO", Exclusive Representative

"GEDEON RICHTER" (Hungary) "GEDEON RICHTER", REPRESENTATION IN ARMENIA

"RICHTER-LAMBRON", Business Partner

"GEDORE" (Germany) "BINAM", Representative

"GEGHARD" (Armenia) "GEGHARD MSAMTERQI KOMBINAT", Producer

"GEKO & EISEMANN" (Germany) "RED WOOD", Authorized Representative

"GENERAL ELECTRIC" (USA) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"GENERAL ELECTRIC" (USA-Belgium) "EUROTECHNOLUCE" SHOWROOM, Distributor

"GENERAL ELECTRIC" (USA) "LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"GENERAL MOTORS" (USA) "OVNE" CAR MAINTENANCE COMPANY, Service Center

"GENEX" (Sri Lanka) "VALLETTA", Distributor

"GEWISS" (Italy) "EUROTECHNOLUCE" SHOWROOM, Distributor

"GEZE" (Germany) "MMM", Authorized Distributor

"GF FERRE" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"EGOISTE" BOUTIQUE, Exclusive Distributor (watches, clocks)

"ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Partner

"G-HANZ" (Germany) "ZIGZAG", Authorized Distributor

"GIACOMINI" (Italy) "AR & AR DESIGN CONSTRUCTION", Dealer

"BOSCH" SPECIALIZED SHOP OF HEATING SYSTEMS, Authorized Distributor

"GIANFRANCO FERRE" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"GIESECKE & DEVRIENT" (Germany) "NORMA SERVICE", Authorized Service Center

"GILLETTE" (USA) "ARGE BUSINESS", Distributor

"GIPFEL" (Germany) "GIPFEL" KITCHENWARE SHOP, Authorized Representative

"GLADE" (USA) "NJF DISTRIBUTION", Authorized Distributor

"GLAMOUR" (Italy) "C & F CO", Authorized Distributor (tights)

"GLAVERBEL" (Belgium) "MMM", Authorized Distributor

"GLAXOSMITHKLINE" (United Kingdom) "DEGHABAZA YEREVAN", Distributor

"GLAXOSMITHKLINE EXPORT LIMITED", REPRESENTATIVE OFFICE IN ARMENIA

"GLISS KUR" (Germany) "C & F CO", Authorized Distributor

"GLOBAL" (Italy) "BOSCH" SPECIALIZED SHOP OF HEATING SYSTEMS, Authorized Distributor

"GLOBAL CERTIFICATION LIMITED" (United Kingdom) "BUSNESIN ANDARAG" QUALITY CONSULTING CENTER, Representative and Partner

"GLUBOKOYE" (Belarus) "CATHERINE GROUP", Exclusive Distributor

"GNOMON" (Armenia) "YEREVAN JEWELLERY PLANT-1 GNOMON", Holder

"GOLDEN LADY" (Italy) "NJF DISTRIBUTION", Representative

"GOODMAN MANUFACTURING" (USA) "TIR-ECOTHERM", Authorized Distributor

"GOODYEAR" (USA) "VITESSE", Dealer

"GRAND DI PASTA" (Russia) "VERFAR", Exclusive Representative

"GREINER BIO-ONE" (Austria) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"GRINDEKS" (Latvia) "TONUS-LES", Distributor

"GROHE" (Germany) "MODERN" SPECIALIZED SHOP FOR PLUMBING FIXTURES, Distributor

"GRUNDFOS" (Germany) "EUROTERM", Sales Agent

"GRUNDIG" (Germany) "ZIGZAG", Distributor

"GRUPPO CORDENONS" (Italy) "ANTARES HOLDING", Distributor

"GS1" (Belgium) "GS1 ARMENIA" INTERNATIONAL ARTICLE NUMBERING NGO, Sole Representative and Distributor

"GSN ELECTRONIC" (Israel) "DS SYSTEMS", Authorized Representative

"GU" (Germany) "VAL-AN PROF" WINDOW AND DOOR MANUFACTURING ENTERPRISE, Authorized Representative

"GUERLAIN" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"GULF" (Netherlands) "VALVOLINE" ENGINE OIL STORE, Distributor

"H3C" (China) "LANS", Business Partner

"HAELSSEN & LYON" (Germany) "CHAICOFF" SPECIALIZED SHOP FOR TEA AND COFFEE, Authorized Representative

"HAGER" (Germany) "ROOT ITSP", Distributor

"HAIER" "VERSHINA" SHOWROOM, Exclusive Distributor

"HAMA" (Germany) "ZIGZAG", Distributor

"HARMAN/KARDON" (USA) "ATLANTA" SHOP, Exclusive Distributor

"HARVIA" (Finland) "AQUATUS" SHOWROOM OF SAUNAS & SWIMMING POOLS, Exclusive Distributor

"HAY COLA" (Armenia) "UNION", Holder

"HB BODY" (Greece) "HB BODY" AUTOMOTIVE CHEMICALS AND TOOLS IMPORTATION COMPANY, Exclusive Distributor

"HEIDELBERG" (Germany) "HEIDELBERGER DRUCKMASCHINEN OSTEUROPA VERTRIEBS GMBH", REPRESENTATION IN ARMENIA

"HEIMEIER" (Germany) "EUROPROFILE", Business Partner

"HEINE OPTOTECHNIC" (Germany) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"HEMATOLOG" (Russia) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"HEMOFARM" (Serbia) "MERCADO HOLDING", Distributor

"HENCO" (Belgium) "AR & AR DESIGN CONSTRUCTION", Exclusive Distributor

"HENKEL" (Germany) "C & F CO", Authorized Distributor

"HENKO", Representative

"HENKEL-ERA" (Germany) "SARD" CHAIN STORE, Dealer

"HERAEUS" (Germany) "LIVA DECOL", Partner

"HERBS TRADING GMBH" (Austria) "DEGHABAZA YEREVAN", Distributor

"HERMANN" (Italy) "CONSEL", Representative

"HERTZ RENT-A-CAR" (Austria) "HERTZ" RENT-A-CAR, Representative

"HERZ" (Austria) "KANAYAN & CO", Official Partner

"HERZ ARMATUREN" (Austria) "EUROTERM", Distributor

"HEWLETT-PACKARD" (USA) "BI LINE", Business Partner, Authorized Service Center

"CIT" ("CENTER FOR INFORMATION TECHNOLOGIES"), Dealer and Business Partner

"COMPUTER SERVICE", Business Partner

"MICRORING", Business Partner

"ONLINE PLUS", Business Partner

"UNICOMP", Preferred Premium Partner

"VALLEX IT", Corporate Reseller

"HEXAL" (Germany) "LAMBRON-PHARMIMPEX", Distributor

"QUANTUM S.", Distributor

"HIKMA PHARMACEUTICALS" (Jordan) "MERCADO HOLDING", Representative

"HILTI" (Liechtenstein) "MLL INDUSTRIES", Official and Exclusive Distributor

"HIPP" (Austria) "NATALI PHARM", Exclusive Distributor

"HIPPO VIAJES" (Spain) "AMISTAD-TOUR", Representative

"HOFFMANN-LA ROCHE" (Switzerland) "HOFFMANN-LA ROCHE", REPRESENTATION IN ARMENIA

"PHARM GOHAR", Distributor

"HOFMANN" (Germany) "BM PLUS" COMPLEX, Authorized Distributor

"HOLSTEN-BRAUEREI" (Germany) "TIEZERK", Official and Exclusive Distributor

"HONDA" (Japan) "GARANTSERVICE", Partner

"OVNE" CAR MAINTENANCE COMPANY, Service Center

"Z MOTORS COMPANY", Distributor

"ZIGZAG", Distributor (mobile power plant)

"HONDA ELECTRONICS" (Japan) "DIASERV", Distributor

"HOWO" (China) "AAB CONCERN", Exclusive Representative

"HUAWEI-3COM" (Taiwan) "BEVER COMPUTERS", Authorized Partner

"HUGO BOSS" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"HYPERCOM EMEA" (USA) "SMART-TEST" BANK EQUIPMENT IMPORTATION AND SERVICE COMPANY, Authorized Business Partner

"HYUNDAI" (Republic of Korea) "GARANTSERVICE", Partner

"IBM" (USA) "BEVER COMPUTERS", Authorized Partner

"LANS", Business Partner

"ICOM" (Japan) "ELCOMP", Official Dealer

"HENRI RADIO", Exclusive Distributor

"ICOPAL" (Poland) "GEESA", Exclusive Representative

"IDEAL" (Germany) "ALPHA-PRINT" PRINTING HOUSE, Authorized Distributor

"ILLY" (Italy) "SOVRANO", Partner

"IMMUCOR" (USA) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"IMMUNOSTICS" (USA) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"INDESIT" (Italy) "ZIGZAG", Dealer

"INDORAMA" (Thailand) "ROCARM" PRODUCTION COMPLEX, Exclusive Representative

"INESSA" (France-Australia-China) "VALLETTA", Importer

"INFINITY" (USA) "ATLANTA" SHOP, Exclusive Distributor

"INFOSEC" (France) "DOM-DANIEL", Exclusive Distributor

"INGERSOLL RAND" (USA) "RAFAEL", Dealer

"INGRID MILLET" (France) "MASHA" PERFUME & COSMETICS SHOP, Distributor

"INLINE FIBERGLASS" (Canada) "ONIX GC", Distributor

"INTEL" (USA) "BEVER COMPUTERS", Associated Partner

"COMPUTER SERVICE", Network Solution Partner

"UNICOMP", Channel Partner Premier

"INTEREXPRESS" MONEY TRANSFER SYSTEM (Russia) "CONVERSE BANK", Operator

"VTB BANK (ARMENIA)", Operator

"INTERFLORA" (Switzerland) "BRABION FLORA SERVICE", Official Member

INTERNATIONAL BODYGUARD ASSOCIATION "UNIPROTECT SECURITY" GROUP OF MANNED GUARDING COMPANIES, Representative

INTERNATIONAL CHAIR DEPARTMENT OF UNESCO OF CULTURAL TOURISM FOR PEACE AND DEVELOPMENT ARMENIAN INSTITUTE FOR TOURISM, THE BRANCH OF RUSSIAN INTERNATIONAL ACADEMY FOR TOURISM, Partner

INTERNATIONAL CONGRESS OF EXECUTIVE TOURISM EDUCATION ARMENIAN INSTITUTE FOR TOURISM, THE BRANCH OF RUSSIAN INTERNATIONAL ACADEMY FOR TOURISM, Partner

INTERNATIONAL UNION OF EXHIBITIONS AND FAIRS "EXPO-SERVICE", Full Member

"INTERNATIONAL HOUSE WORLD ORGANIZATION" (United Kingdom) "SOFT & SAFE", Partner

"IPOD" (USA) "APPLECENTER" COMPUTER WARE STORE, Authorized Representative (players)

"IPS" (Italy) "TERMOROS-AR" HEATING SYSTEMS SHOWROOM, Distributor

"IREKS" (Germany) "ALPHA FOOD SERVICE", Exclusive Distributor

"ISCRA" TOUR OPERATOR (Italy) "UNONA-TOUR", Representative

"ISOVER" (France) "FIL", Exclusive Representative

"IVAX" (Czech Republic) "NATALI PHARM", Distributor

"IVECO" (Italy) "IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"IVTRANS", Official Dealer

"JABLOTRON" (Czech Republic) "EL HABITUS", Exclusive Distributor

"JA-DE" (Israel) "SAR-JI", Authorized Distributor

"JADRAN GALENSKI LABORATORIJ" (Croatia) "PHARM TRUST", Representative and Distributor

"JAGA" (Belgium) "TERMOROS-AR" HEATING SYSTEMS SHOWROOM, Distributor

"JANSSEN PHARMACEUTICALS" (Belgium) "LAMBRON-PHARMIMPEX", Distributor

"JAPAN TOBACCO INTERNATIONAL (JTI)" (Switzerland) "ARSOIL", Exclusive Importer

"JAZZVE" (Armenia) "PAPAZYAN-OSKANYAN", Holder (coffee)

"JBL" (USA) "ATLANTA" SHOP, Exclusive Distributor

"SHOW-MASTER", Authorized Distributor

"JEAN-CHARLES BROSSEAU" (France) "RENOIR" SALON-BOUTIQUE, Exclusive Distributor

"JEAN PATOU" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"JERMUK" (Armenia) "JERMUK GROUP", Holder

"VAYOTS DZOR", Producer

"JERMUK MAYR GORTSARAN" (Armenia) "JERMUK MAYR GORTSARAN", Holder

"JET" (Switzerland) "AREG", Distributor

"JOHNNIE WALKER" (United Kingdom) "AGENA" ALCOHOLIC BEVERAGE IMPORTATION COMPANY, Distributor

"JOHNSON & JOHNSON" (USA) "PARTNER", Authorized Representative

"JOHNSONDIVERSEY" (USA) "UNICLEAN", Exclusive Distributor

"JOOP" (Germany) "SOFT LAND" TEXTILE HOME, Importer

"JOSE EISENBERG" (Monaco) "ARMFARM", Authorized Representative

"RENOIR" SALON-BOUTIQUE, Exclusive Distributor

"JOY LAND" (Armenia) "VEH GROUP", Holder

"JUGUANG" (China) "LIMUSH", Business Partner

"JULIANA GROUP" (India) "ROCARM" PRODUCTION COMPLEX, Partner

"JUNKERS" (Germany) "IND COMP", Official Dealer

"KALDE" (Turkey) "ARTCLIMA", Partner

"KALINA" (Russia) "C & F CO", Authorized Distributor

"KAMA" (Germany) "HEIDELBERGER DRUCKMASCHINEN OSTEUROPA VERTRIEBS GMBH", REPRESENTATION IN ARMENIA, Partner

"KAMAZ" (Russia) "KAMAZAVTOCENTER", Official Dealer

"MLL MOTORS", Official Dealer

"KAMILL" (Germany) "NIVEA" WHOLESALE TRADING WAREHOUSE, Distributor

"KARAPUZ" (Ukraine) "NAREK" CHAIN STORE, Exclusive Distributor

"KARL STORZ" (Germany) "DIASERV", Exclusive Distributor

"KDM" (Germany) "ARSANA", Exclusive Distributor

"KENWOOD" (Japan) "ATLANTA" SHOP, Exclusive Distributor

"KENZO PARFUMS" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"KETTLER" (Germany) "RAYWERTHI", Representative (furniture)

"KG" (Japan) "BEARINGS CITY", Distributor

KHARKOV BISCUIT FACTORY (Ukraine) "SOVRANO", Partner

"KIA MOTORS CORPORATION" (Republic of Korea) "KIA MOTORS ARMENIA" AUTOMOBILE IMPORTATION AND TRADING COMPANY, Official and Exclusive Distributor

"KIEVMEDPREPARAT" (Ukraine) "NATALI PHARM", Exclusive Distributor

"KILIKIA" (Armenia) "BEER OF YEREVAN", Producer (beer)

"KING" (Turkey) "YEREVAN PLAST", Dealer

"KINGSTON TECHNOLOGY COMPANY" (USA) "COMPUTER SERVICE", Partner

"MICRORING", Distributor

"KINHIL" (China) "IDEAL SYSTEM" CHAIN STORE, Partner

"KLM" (Netherlands) "LEVON TRAVEL YEREVAN", Representative

"KLORANE" (France) "ARSANA", Exclusive Distributor

"KM PRODUCTS EUROPE" (United Kingdom) "A-JAVA", Authorized Distributor

"KNAUF" (Germany) "FIL", Authorized Representative

"KNECHT" (Austria) "ENGLISH TRADE HOUSE", Authorized Distributor

"KNUERR" (Germany) "ROOT ITSP", Distributor

"KOBELL" (United Kingdom) "NORMA SERVICE", Authorized Service Center

"KODAK" (USA) "DIASERV", Distributor

"KOMANDOR" (Canada) "PAHARAN" FURNITURE SHOWROOM, Exclusive Distributor

"KOMATSU" (Japan) "MLL MOTORS", Official Dealer

"KOMATSU FORKLIFT" (Japan) "BELAZ KAVKAZ TRANS SERVICE", Dealer

"KOMPASS INTERNATIONAL" (France) SPYUR INFORMATION CENTER, Exclusive Representative

"KONE" (Finland) "YUGLIFT", Authorized Distributor

"KONICA MINOLTA" (Japan) "MICRORING", Distributor

"KOOIJ & ZONEN" (Netherlands) "HEALTHY PLANTS", Representative

"KOTAYK" (Armenia) "KOTAYK" BREWERY, Holder

"KOYO" (Japan) "BEARINGS CITY", Dealer

"KRASKI TECS" (Russia) "SARD" CHAIN STORE, Dealer

"KRASNAYA LINIA" (Russia) "AGULIS-FARM" COSMETICS AND PERFUMES IMPORTATION COMPANY, Partner

"KRASNOYARSK AIRLINES" (Russia) "DELTA-FRAGMENT", Partner

"KRAZ" (Ukraine) "G.A.A.S. MOTORS", Importer (automotive spare parts)

"KREWEL MEUSELBACH" (Germany) "NATALI PHARM", Exclusive Distributor

"KRISTEC" (Finland) "ANTARES HOLDING", Distributor

"KRKA" (Slovenia) "LAMBRON-PHARMIMPEX", Distributor

"KRUPS" (France) "ZIGZAG", Dealer

"KT & G - KOREA TOMORROW & GLOBAL CORPORATION" (Republic of Korea) "HARD LIGHTS", Importer

KURSK ELECTRICAL EQUIPMENT PLANT (Russia) "SHAKS GROUP", Official Dealer

"KWB" (Germany) "IND COMP", Exclusive Dealer

"KYOCERA MITA" (Japan) "UNICOMP", Distributor

"LAB. BESINS ISCOVESCO" (France) "PHARM TRUST", Representative and Distributor

"LAB. MAYOLY SPINDLER" (France) "PHARM TRUST", Distributor

"LAB. NIGY" (France) "PHARM TRUST", Representative and Distributor

"LAB. OMEGA PHARMA" (France) "PHARM TRUST", Representative and Distributor

"LABORATOIRE INNOTECH INTERNATIONAL" (France) "QUANTUM S.", Distributor

"LABORATORIO SANTA CATARINENSE" (Brazil) "MERCADO HOLDING", Representative

"LACALUT" (Germany) "ANTWERPEN", Exclusive Representative

"LA CASA DEL HABANO" (Cuba) "ARSOIL", Authorized Importer

"LACOSTE" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor (perfumes)

"LAKME" (Spain) "LAKME" DISTRIBUTION CENTER, Distributor

"LAMBORGHINI" (Italy) "TERMOROS-AR" HEATING SYSTEMS SHOWROOM, Distributor

"LAMB WESTON / MEIJER" (Netherlands) "ALPHA FOOD SERVICE", Exclusive Distributor

"LANDERT MOTOREN" (Switzerland) ABRAM ABRAMYAN, Authorized Dealer

"LAND ROVER" (United Kingdom) "FORA", Authorized Importer

"LANGUIRU" (Brazil) "VALLETTA", Distributor

"LAPIN" (Greece) "VIA ARTIS" WOMEN'S CLOTHES STORE, Distributor

"LA TORRE" (Italy) "MODERN" SPECIALIZED SHOP FOR PLUMBING FIXTURES, Distributor

"LAUMA LINGERIE" (Latvia) "LAUMA" LINGERIE FIRM SHOP, Distributor

"LAUNCH" (China) "OVNE" CAR MAINTENANCE COMPANY, Official Dealer

"LAURA BIAGIOTTI" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"LAUREN VIDAL" (France) "INKERON" GIFT & WOMEN CLOTHES SHOP, Distributor

"LAVA" (Sweden) "NAKAMICHI ART SALON" AUDIO & VIDEO EQUIPMENT STORE, Authorized Representative

"LAVAMAC" (Belgium) "UNIVERSAL ORDER" HOTEL, RESTAURANT & CATERING PRODUCTS TRADE CENTER, Authorized Distributor

"LD" (United Kingdom) "CATHERINE GROUP", Exclusive Distributor

"LEADER" MONEY TRANSFER SYSTEM (Russia) "BYBLOS BANK ARMENIA", Agent

"CONVERSE BANK", Operator

"LEB INTERNATIONAL" (USA) "PHARM TRUST", Distributor

"LEGRAND" (France) "EUROTECHNOLUCE" SHOWROOM, Distributor

"KARIN", Official Dealer

"MASTER LUX" SHOP, Seller

"MICRORING", Business Partner

"TELETEK-M", Authorized Service Provider

"LEK" (Slovenia) "LAMBRON-PHARMIMPEX", Distributor

"MERCADO HOLDING", Distributor

"QUANTUM S.", Distributor

"LES GRANDS CHAIS DE FRANCE" (France) "TIEZERK", Distributor

"LESNOY BALSAM" (Russia) "KALINA-DVIN", Dealer

"LEUCHI" (Italy) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"LEVI'S" (USA) "LEVI'S" SPECIALIZED JEANS SHOP, Exclusive Distributor

"LEXICON" (USA) "SHOW-MASTER", Distributor

"LEXMARK" (USA) "KHARTIA", Official Dealer

"LG" (Republic of Korea) "ZIGZAG", Dealer

"LG-NORTEL" (Republic of Korea - Canada) "BI LINE", Business Partner

"LG-NORTEL" (Republic of Korea) "MELINET" INFORMATION TECHNOLOGY SOLUTION PROVIDER, Business Partner

"LIBERO" (Sweden) "LIBERO" DISTRIBUTION CENTER, Distributor

"LIBRESSE" (Sweden) "LIBERO" DISTRIBUTION CENTER, Distributor

"LIERAC" (France) "ARSANA", Exclusive Distributor

"LILU" (Armenia) "LENTEX", Holder

"LINK" MANAGEMENT INTERNATIONAL INSTITUTE (Russia) "ALBION" TRAINING CENTER, Country Representative

"LINKSYS" (USA) "BEVER COMPUTERS", Authorized Partner

"LIPOVICA" (Croatia) "THERMOSYS" SHOWROOM, Authorized Distributor

"LIQUI MOLY" (Germany) "LM OIL", Authorized and Exclusive Representative

"LLADRO" (Spain) "EGOISTE" BOUTIQUE, Exclusive Dealer (chinaware)

"LLOYD'S BROKER - THE FIRSTCITY PARTNERSHIP" (United Kingdom) "ROYAL INSURANCE", Partner

"LN - LIQUID NAILS" (USA) "YERANG" PAINT SHOP, Distributor

"LOEWE" (Germany) "ZIGZAG", Dealer

"LONDA PROFESSIONAL" (Germany) "WELLA PROFESSIONAL", GENERAL REPRESENTATION IN ARMENIA, Representative

"LONGINES" (Switzerland) "EIFFEL" SALON OF SWISS WATCHES, Official Dealer

"L'OREAL" (France) "MARY" PERFUME CHAIN STORE, Authorized Distributor

"LOSK" (Germany) "C & F CO", Authorized Distributor

"LUBECA" (Germany) "ALPHA FOOD SERVICE", Exclusive Distributor

"LUCIANO SOPRANI" (Italy) "ARMFARM", Authorized Representative

"RENOIR" SALON-BOUTIQUE, Exclusive Distributor

"LUKOIL" (Russia) "EXPORT OIL", Representative

"VALVOLINE" ENGINE OIL STORE, Representative

"VILA TRANS", Authorized Representative

"LUKOIL VOLGOGRADNEFTEPRODUCT" (Russia) "ARMAN-OIL", Dealer

"LUMENE" (Finland) "SAR-JI", Authorized Distributor

"MAAZA" (Cyprus) "ZOVQ" FACTORY OF YEREVAN, Partner

"MACMILLAN" (United Kingdom) "MACMILLAN-ARMENIA", Distributor

"MAKFA" (Russia) "VERFAR", Exclusive Representative

"MAKITA" (Japan) "AREG", Distributor

"MALENKAYA FEYA" (Russia) "C & F CO", Authorized Distributor

"MAN" (Germany) "IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"MANANA" (Armenia) "BIO UNIVERSAL", Holder

"MANET TILES" (Armenia) "MANET TILES", Holder

"MANN & SCHROEDER" (Germany) "QUANTUM S.", Distributor

"MANN + HUMMEL" (Germany) "ENGLISH TRADE HOUSE", Authorized Distributor

"MAPEI" (Italy) "AQUATUS" SHOWROOM OF SAUNAS & SWIMMING POOLS, Authorized Distributor

"MARANIK" (Armenia) "MARANIK", Holder

"MARANTZ" (Japan) "NAKAMICHI ART SALON" AUDIO & VIDEO EQUIPMENT STORE, Authorized Representative

"MARAZZI" (Italy) "LIA-K GROUP", Distributor

"MARCOLIN GROUP" (Italy) "HAY OPTIC" GLASSES SHOP, Dealer

"MARCON AVISTA" (Poland) "PIK-PAK" COSMETICS IMPORTATION COMPANY, Exclusive Distributor

"MARLANVIL" (Italy) "EUROTECHNOLUCE" SHOWROOM, Distributor

"MARQUISE" "NOR TUN" BUILDING MATERIALS CHAIN STORE, Exclusive Distributor

"MARS" (USA) "DERJAVA-S", Distributor

"MARSHALL TUFFLEX" (United Kingdom) "MTD-GROUP", Reseller

"MARTELLATO" (Italy) "ALPHA FOOD SERVICE", Exclusive Distributor

"MARTEX" (Italy) "NAREK", Business Partner

"MARTIN BRAUN" (Germany) "ALPHA FOOD SERVICE", Exclusive Distributor

"MARTIN PROFESSIONAL" (Denmark) "BUSINESS-INVEST", Distributor

"MAXELL" (Japan) "INFORM ALLIANCE", Authorized Official Distributor

"MAX FACTOR" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"MAX MARA" (Italy) "MAX MARA" WOMEN'S ITALIAN CLOTHING AND ACCESSORIES SHOP, Exclusive Representative

"MAYAK" RADIO COMPANY (Russia) "RADIO IMPULS-MAYAK FM-106.5", Official Partner

"MAZ" (Belarus) "BELAZ KAVKAZ TRANS SERVICE", Partner

"GALOPER", Dealer

"MAZDA" (Belgium) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"MCCANN-ERICKSON" (USA) "MCCANN-ERICKSON" ADVERTISING AGENCY (USA), REPRESENTATION IN ARMENIA

"MEDIUM GMBH" (Germany) "FIRM ALPHA", Authorized Regional Distributor

"MEDOCHEMIE" (Cyprus) "PHARM TRUST", Representative and Distributor

"MEFFERT" (Germany) "SARD" CHAIN STORE, Dealer

"MELANTE" (Armenia) "MELANTE" KNITWEAR MANUFACTURING ENTERPRISE, Holder

"MELO GRANO" (Armenia) "AAFPC", Holder

"MEMOREX" (United Kingdom) "MCS CAUCASUS", Authorized Distributor

"MEPHA" (Switzerland) "NATALI PHARM", Distributor

"MERCEDES-BENZ" (Germany) "AVANGARD MOTORS", General Representative

"MERCEDES-BENZ" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"MERCEDES-BENZ" (Germany) "ELIT" SPECIALIZED CHAIN STORE, Seller (automotive spare parts)

"IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"OVNE" CAR MAINTENANCE COMPANY, Service Center

"MERCURY" (Taiwan) "IDEAL SYSTEM" CHAIN STORE, Partner

"V-THERMO" HEATING SYSTEMS AND PLUMBING FIXTURES SHOP, Partner

"MERIVAARA" (Finland) "DIASERV", Distributor

"MERLIN GERIN" (France) "EUROTECHNOLUCE" SHOWROOM, Distributor

"METABO" (Germany) "AREG", Distributor

"METROLOGIC" (USA) "UNICOMP", Distributor

"METSO" (Sweden) "ZEPPELIN ARMENIA", Authorized Distributor

"METTLER TOLEDO" (Switzerland) "EDESSA", Representative

"MEYER SOUND" (USA) "BUSINESS-INVEST", Distributor

"MICHELIN" (France) "SAMASU", Partner

"VITESSE", Dealer

"MICROS" (Austria) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"MICROSOFT" (USA) "ARMINCO" GLOBAL TELECOMMUNICATIONS, Certified Partner

"BEVER COMPUTERS", Registered Partner

"BI LINE", Distributor

"DOM-DANIEL", Gold Certified Partner

"MICROSOFT RA", REPRESENTATIVE OFFICE OF "MICROSOFT" COMPANY IN ARMENIA

"MICRO STAR INTERNATIONAL" (Taiwan) "CIT" ("CENTER FOR INFORMATION TECHNOLOGIES"), Distributor

"MIELE" (Germany) "ZIGZAG", Dealer

"MIGOM" MONEY TRANSFER SYSTEM (Russia) "ARARATBANK", Operator

"CONVERSE BANK", Operator

"DEPI TUN" MONEY TRANSFER AND PAYMENTS OFFICE, Subagent

"PROMETEY BANK", Member

"MILAN" (Spain) "ANTARES HOLDING", Distributor

"MILAVITSA" (Belarus) "MILAVITSA" LINGERIE SHOP, Exclusive Representative

"MINI RAXEVSKY" (Greece) "VIA ARTIS" WOMEN'S CLOTHES STORE, Distributor

"MINPLY INDUSTRIES SDN BHD" (Malaysia) "DREAM BUILD", Official Dealer

MINSK ELECTROTECHNICAL PLANT NAMED V.I.KOZLOV (Belarus) "ENERGYNETCONSTRUCTION", Authorized Representative

"MINU" (Brazil) "VALLETTA", Distributor

"MIR" INTERGOVERNMENTAL TV & RADIO COMPANY "MIR" INTERGOVERNMENTAL TV & RADIO COMPANY, NATIONAL BRANCH IN ARMENIA

"MISSONI" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"MISS SIXTY" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"MISTER DEZ" (Russia) "NAREK" CHAIN STORE, Exclusive Distributor

"MITA CABLING" (United Kingdom) "UNICOMP", Distributor

"MITSUBISHI ELECTRIC CORP." (Japan) "CONSEL", Authorized Distributor

"MITSUBISHI ELECTRIC CORP. (DISPLAY ENGINEERING)" (Japan) "FIRM ALPHA", Authorized Distributor and Service Center

"MITSUBISHI MOTORS" (Japan) "CAR-EREM-PARTS" AUTOMOTIVE SPARE PARTS SHOP, Partner (automotive spare parts)

"ELIT" SPECIALIZED CHAIN STORE, Seller (automotive spare parts)

"GARANTSERVICE", Partner

"OVNE" CAR MAINTENANCE COMPANY, Service Center

"MIU MIU" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"M.M. LAMPADARI" (Italy) "PILE" SHOP SALON, Authorized Representative

"MOBARAK" (Iran) "PIK-PAK" COSMETICS IMPORTATION COMPANY, Distributor

"MOBIADO" (Canada) "NAKAMICHI ART SALON" AUDIO & VIDEO EQUIPMENT STORE, Authorized Representative

"MODECOR" (Italy) "ALPHA FOOD SERVICE", Exclusive Distributor

"MOLCA" (Netherlands) "EUROINTER" CANDLES AND ACCESSORIES SPECIALIZED SHOP, Distributor

"MOMENT" (Russia) "SARD" CHAIN STORE, Dealer

"MONEYGRAM" MONEY TRANSFER SYSTEM (USA) "ARDSHININVESTBANK" BANK FOR INDUSTRY, CONSTRUCTION AND INVESTMENT, Agent

"DEPI TUN" MONEY TRANSFER AND PAYMENTS OFFICE, Subagent

"INECOBANK", Operator

"MONIN" (France) "ALPHA FOOD SERVICE", Exclusive Distributor

"MONROE" (Belgium) "BINAM", Representative

"MONT BLANC" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"MORDAUNT-SHORT" (United Kingdom) "NAKAMICHI ART SALON" AUDIO & VIDEO EQUIPMENT STORE, Authorized Representative

"MORELLATO" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (fashion jewelry)

"EGOISTE" BOUTIQUE, Exclusive Distributor (souvenirs)

"MORGAN" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"MORRIS LUBRICANTS" (United Kingdom) "ERIAK", Partner

"MOSCHINO" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

MOSCOW PLANT OF THERMAL AUTOMATION (Russia) "TIR-ECOTHERM", Exclusive Representative

"MOSKVA RE" (Russia) "STATE INSURANCE-ARMENIA", Reinsurance Partner

"MOTAN" (Romania) "BOSCH" SPECIALIZED SHOP OF HEATING SYSTEMS, Exclusive Distributor, Authorized Service Center

"MOTHERCARE" (United Kingdom) "MOTHERCARE" PREGNANT WOMEN AND BABY PRODUCTS SHOP, Franchisee

"MOULINEX" (France) "ZIGZAG", Dealer

"MPC" (USA) "ENGLISH TRADE HOUSE", Authorized Distributor

"MPI PHARMACEUTICALS" (Germany) "RICHTER-LAMBRON", Exclusive Distributor

"M-REAL INTERNATIONAL" (Finland) "LIMUSH", Business Partner

"MR MUSCLE" (USA-Ukraine) "NJF DISTRIBUTION", Authorized Distributor

"MRV COMMUNICATIONS" (USA) "REDINET", Authorized Distributor

"MSI" (Taiwan) "NEWCOMP", Distributor

"MTZ" (Belarus) "BELAZ KAVKAZ TRANS SERVICE", Partner

"MUCOS PHARMA" (Germany) "QUANTUM S.", Distributor

"MV - OFFICE EQUIPMENT" (Russia) "AMARILIS", Dealer

"NACHALO" (Russia) "HUYS-MOTOR", Authorized Importer

"NACHI" (Japan) "BEARINGS CITY", Dealer

"NAFTAN" (Belarus) "ARMAN-OIL", Dealer

"NAKAMICHI" (Japan) "NAKAMICHI ART SALON" AUDIO & VIDEO EQUIPMENT STORE, Authorized Representative

"NARVA" (Germany) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Partner

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Partner

"NATIONAL GEOGRAPHIC" (Spain) "SOFT LAND" TEXTILE HOME, Importer

"NATURA" (Russia) "CATHERINE GROUP", Exclusive Distributor

"NATUR PRODUKT" (Netherlands) "ARSANA", Exclusive Distributor

"NAVICOM" (USA) "MICRORING", Partner

"NCR" (USA) "MTD", Official Partner-Distributor

"NEFIS COSMETICS" (Russia) "NAREK" CHAIN STORE, Exclusive Distributor

"NELK" (Russia) "ELCOMP", Authorized Representative

"NEMIROFF" (Ukraine) "SOVRANO", Partner

"NEOPLAN" (Germany) "IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"NERO JAZZVE" (Armenia) "PAPAZYAN-OSKANYAN", Holder (coffee)

"NESTLE" (Switzerland) "HAYR & VORDI YERITSYANNER", Exclusive Distributor (baby food)

"NET2PHONE INCORPORATION" (USA) "MELINET" INFORMATION TECHNOLOGY SOLUTION PROVIDER, Representative

NETHERLANDS INSTITUTE OF MARKETING (NIMA) (Netherlands) ARMENIAN MARKETING ASSOCIATION, Exclusive Partner

"NEVSKAYA COSMETICA" (Russia) "NAREK" CHAIN STORE, Exclusive Distributor

"NEVSKI FILTER" (Russia) "VALVOLINE" ENGINE OIL STORE, Distributor

"VILA TRANS", Partner

"NEW HOLLAND" (Italy) "IVTRANS", Official Dealer

"NEXANS" (France) "MICRORING", Distributor

"NIKON" (Japan) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglass lenses)

"NINA RICCI" (France) "EGOISTE" BOUTIQUE, Exclusive Distributor (jewelry)

"NISSAN" (Japan) "CAR-EREM-PARTS" AUTOMOTIVE SPARE PARTS SHOP, Partner (automotive spare parts)

"GARANTSERVICE", Partner

"MURAN", Official Dealer

"NIVEA" (Germany) "NIVEA" WHOLESALE TRADING WAREHOUSE, Distributor

"NIZHPHARM" (Russia) "NATALI PHARM", Exclusive Distributor

"NOKIA" (Finland) "NOKIA" MOBILE PHONE CENTER, Authorized Representative

"NOKIAN TYRES" (Finland) "GRAND PETROLEUM", Authorized Distributor

"NOOR SANAT" (Iran) "ARDZAGANK STUDIO" MUSIC COMPANY, Dealer

"NORAVANK" (Armenia) "MARAN", Holder

"NORTHWEST" (USA) "LEVON TRAVEL YEREVAN", Representative

"NOVA FLORIDA" (Italy) "COMFORT" COMPANY CHAIN STORE, Distributor

"NOVARTIS" (Switzerland) "NATALI PHARM", Distributor

"NOVO NORDISK" (Denmark) "NATALI PHARM", Exclusive Distributor

"NOVUS" (Poland) "ELCOMP", Authorized Representative

"NOY" (Armenia) "BJNI" MINERAL WATERS PLANT, Producer (spring water)

"NOYAN" (Armenia) "EUROTERM", Holder

"NTI INTERNATIONAL" (Hong Kong) "ELCOMP", Business Partner

"NTV" (Russia) "ZOOM PRODUCTION", Partner

"NUMIS MED" (Germany) "QUANTUM S.", Distributor

"NUPI" (Italy) "CERAMICA", Partner

"NUTKAO" (Italy) "SOVRANO", Partner

"NYCOMED" (Austria) "NATALI PHARM", Distributor

"OBOLON" (Ukraine) "UNION", Exclusive Distributor (beer)

"OD-Z-ET" (Armenia) "GAH-GET" COSMETICS MANUFACTURING ENTERPRISE, Holder

"OHAUS" (USA) "EDESSA", Representative

"OIKOS" (Italy) "NAREK", Business Partner

"OLIVIER STRELLI" (France) "ARMFARM", Authorized Representative

"RENOIR" SALON-BOUTIQUE, Exclusive Distributor

"OLYMPIAN" (USA) "ZEPPELIN ARMENIA", Authorized Representative

"OMEGA" (Switzerland) "EIFFEL" SALON OF SWISS WATCHES, Official Dealer

"OMNILAB" (Germany) "CHEMREAGENT" PRODUCTION & TRADE CENTER, Authorized Distributor

"OMSA SERENELLA" (Italy) "NJF DISTRIBUTION", Authorized Distributor

"ONKYO" (Japan) "NAKAMICHI ART SALON" AUDIO & VIDEO EQUIPMENT STORE, Authorized Representative

"ONLY S.ROOT" (China) "FOL-FARM", Exclusive Distributor

"OPEL" (Germany) "EVROPEL" AUTOMOTIVE SPARE PARTS SPECIALIZED SHOP, Partner (automotive spare parts)

"OPOCZNO" (Poland) "ABACHO-FRANCE", Exclusive Distributor

"ORACLE" (USA) "BEVER COMPUTERS", Business Partner

"BI LINE", Business Partner

"ORGENICS" (Israel) "DELTA" RESEARCH AND PRODUCTION CENTER, Official and Exclusive Distributor

"ORION" (Finland) "NATALI PHARM", Exclusive Distributor

ORSHA LINEN MILL (Belarus) "LAUMA" LINGERIE FIRM SHOP, Authorized Distributor

"OSRAM" (Germany) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Partner

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Partner

"OSTROV" (Russia) "AROST", Authorized Representative

"OSVAR" (Russia) "HUYS-MOTOR", Authorized Importer

"OTHERMA" (France) "ARS-FINE", Exclusive Representative

"OTIS" (France) "ARMENLIFT", Representative

"PAHLEN" (Sweden) "AQUATUS" SHOWROOM OF SAUNAS & SWIMMING POOLS, Distributor

"PALETTE" (Germany) "C & F CO", Authorized Distributor

"PAL ZILERI" (Italy) "ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Distributor

"PANASONIC" (Japan) "ZIGZAG", Dealer

"PANDA SOFTWARE" (Spain) "DOM-DANIEL", Authorized Distributor

"PAPA CARLO" (Armenia) "ARZNI" MINERAL WATER FACTORY, Holder

"PARADISE/AGMA" (Russia) "PARADISE", Partner

"PARADISE/MGN" (USA) "PARADISE", Partner

"PARFUMS GIVENCHY" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"PARIS DESIGN CEILINGS" (France) "ABACHO-FRANCE", Exclusive Distributor

"PARLIAMENT" (Russia) "NOYAN TAPAN" SPECIALIZED CHAIN STORE FOR ALCOHOLIC BEVERAGES, Distributor (vodka)

"PASCUCCI" (Italy) "PASCUCCI" CAFE-SHOP, Franchisee

PASTEUR RESEARCH INSTITUTE OF EPIDEMIOLOGY AND MICROBIOLOGY (Russia) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"PATTEX" (Germany) "HENKO", Official Dealer

"PATTON" (USA) "UNICOMP", Distributor

"PAUL NIEHANS" (Switzerland) "MASHA" PERFUME & COSMETICS SHOP, Distributor

"PAZ" (Russia) "KARCOMAUTO", Representative

"PEDROLLO" (Italy) "MODERN" SPECIALIZED SHOP FOR PLUMBING FIXTURES, Distributor

"PEMOLUX" (Germany) "C & F CO", Authorized Distributor

"PENETRON" (Russia) "MASIS", Dealer

"PEPSI" (Georgia) "JERMUK GROUP", Distributor

"PERM AIRLINES" (Russia) "ARON", General Agent

"PERMNEFT" (Russia) "ARMAN-OIL", Dealer

"PERNOD RICARD" (France) "NOYAN TAPAN" SPECIALIZED CHAIN STORE FOR ALCOHOLIC BEVERAGES, Distributor

"YEREVAN BRANDY COMPANY", Authorized Importer

"PERSIL" (Germany) "C & F CO", Authorized Distributor

"PERSOL" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"PETROCHEM" (Russia) "SARD" CHAIN STORE, Dealer

"PETROCHEMICAL COMMERCIAL CO." (Iran) "ROCARM" PRODUCTION COMPLEX, Partner

"PEUGEOT" (France) "KARCOMAUTO", Representative

"PFIZER H.C.P. CORPORATION" (USA) "DEGHABAZA YEREVAN", Authorized Distributor

"LAGI", Partner

"PH & T PHARMA" (Italy) "MERCADO HOLDING", Representative

"PHILIP MORRIS INTERNATIONAL" (Switzerland) "PHILIP MORRIS MANAGEMENT SERVICES B.V.", REPRESENTATIVE OFFICE IN ARMENIA

"PHILIPPE MATIGNON" (Italy) "NJF DISTRIBUTION", Exclusive Distributor

"PHILIPS" (Netherlands) "ATLANTA" SHOP, Distributor

"EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Partner

"EUROTECHNOLUCE" SHOWROOM, Distributor

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Partner

"PHILIPS" (Belgium) "MASTER LUX" SHOP, Seller

"PHILIPS" (Netherlands) "PHILIPS" CHAIN STORE, Authorized Representative and Distributor

"ZIGZAG", Dealer

"PHYTO" (France) "ARSANA", Exclusive Distributor

"PICCOZZO LIGHTING" (Italy) "EUROTECHNOLUCE" SHOWROOM, Distributor

"PIERRE BALMAIN" (Switzerland) "EIFFEL" SALON OF SWISS WATCHES, Official Dealer

"PIERRE CARDIN" (France) "ARMFARM", Authorized Representative

"EIFFEL" SALON OF SWISS WATCHES, Dealer

"PIERRE CARDIN BEAUTE" (France) "RENOIR" SALON-BOUTIQUE, Exclusive Distributor

"PILSNER URQUELL" (Czech Republic) "PILSNER HOUSE" RESTAURANT-BEERHOUSE, Distributor

"PIMAPEN" (Turkey) "VAL-AN PROF" WINDOW AND DOOR MANUFACTURING ENTERPRISE, Authorized Representative

"PINE SUPER SLIMS" (Republic of Korea) "HARD LIGHTS", Importer

"PINOTEX" (Sweden-Estonia) "SARD" CHAIN STORE, Dealer

"PIONEER" (Japan) "PIONEER-STAR", Distributor

"PIRANA" (Ukraine) "KALINA-DVIN", Distributor

"PIRELLI" (Italy) "SAMASU", Partner

"VITESSE", Dealer

"PLANET NETWORKING & COMMUNICATION" (Taiwan) "MELINET" INFORMATION TECHNOLOGY SOLUTION PROVIDER, Distributor

"PLANET OF HEALTH-2000" (Russia) "PHARM TRUST", Distributor

"PLIVA" (Croatia) "PLIVA", REPRESENTATION IN ARMENIA

"PLIVA-LACHEMA" (Czech Republic) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"PNY TECHNOLOGIES" (France) "MICRORING", Distributor

"POLAR" (Germany) "HEIDELBERGER DRUCKMASCHINEN OSTEUROPA VERTRIEBS GMBH", REPRESENTATION IN ARMENIA, Partner

"POLAROID" (Netherlands) "POLAROID" SHOP, Distributor

"POLICE PARFUMS" (Italy) "MASHA" PERFUME & COSMETICS SHOP, Authorized Distributor

"POLPHARMA" (Poland) "MERCADO HOLDING", Distributor

"PONY EXPRESS" (Russia) "PONY EXPRESS" DOOR TO DOOR MAIL AND CARGO DELIVERY SERVICE, Representative

"PRANDELLI" (Italy) "CONSEL", Representative

"PREMIER" (Armenia) "VALLETTA", Holder

"PRIL" (Germany) "C & F CO", Authorized Distributor

"PRINCETON" (USA) "ONLINE PLUS", Distributor

"PRIVATE MONEY" MONEY TRANSFER SYSTEM (Russia-Ukraine) "AREXIMBANK", Operator

"BYBLOS BANK ARMENIA", Agent

"PROCTER & GAMBLE" (USA) "ARGE BUSINESS", Distributor

"PRONTO" (USA) "NJF DISTRIBUTION", Authorized Distributor

"PROTECH BIOSYSTEMS" (India) "QUANTUM S.", Distributor

PUBLISHING HOUSE OF THE UNIVERSITY OF CAMBRIDGE (United Kingdom) "BYRON" LANGUAGE SERVICES CENTER, Authorized Distributor

"PUFAS" (Germany) "NAREK", Business Partner

"RAD DATA COMMUNICATIONS" (Israel) "REDINET", Authorized Distributor

"RADIUM" (Germany) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"EUROTECHNOLUCE" SHOWROOM, Distributor

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"RADO" (Switzerland) "EIFFEL" SALON OF SWISS WATCHES, Official Dealer

"RAID" (USA) "NJF DISTRIBUTION", Authorized Distributor

"RANNILA" (Finland) "EUROPROFILE", Business Partner

"RAPID" (Sweden) "ANTARES HOLDING", Distributor

"RAPISCAN SYSTEMS" (United Kingdom) "CONSEL", Authorized Distributor

"RASCH" (Germany) "CERAMICA", Partner

"RASTER" (Poland) "ANTARES HOLDING", Distributor

"RATIOPHARM-MERCKLE" (Germany) "PHARM TRUST", Distributor

"RAXEVSKY" (Greece) "VIA ARTIS" WOMEN'S CLOTHES STORE, Distributor

"RAY BAN" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"R-BIOPHARM" (Germany) "MD & D ALLIANCE", Authorized Distributor

"RCF" (Italy) "ARDZAGANK STUDIO" MUSIC COMPANY, Dealer

"RCI" (Canada) "RADIO IMPULS-MAYAK FM-106.5", Official Partner

"RECKITT BENCKISER" (United Kingdom) "NAREK" CHAIN STORE, Exclusive Distributor

"RED BULL" (Austria) "NOYAN TAPAN" SPECIALIZED CHAIN STORE FOR ALCOHOLIC BEVERAGES, Distributor

"REFERENCE" (France) "ANASSA" SPA CENTER, Authorized Representative

"REGINOX" (Netherlands) "MODERN" SPECIALIZED SHOP FOR PLUMBING FIXTURES, Distributor

"REHAU" (Germany) "EUROPROFILE", Distributor

"REICO" (Italy) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"RENAULT" (France) "MEGNA", Authorized Distributor

"RENZ" (Germany) "ALPHA-PRINT" PRINTING HOUSE, Authorized Distributor

"RESCARA" (Turkey) "MMM", Authorized Distributor

"REXONA" (United Kingdom) "C & F CO", Authorized Distributor

"RHEEM" (USA) "CLIMATECHNIK", Authorized Distributor

"RHOSS" (Italy) "TERMOROS-AR" HEATING SYSTEMS SHOWROOM, Distributor

"RIA NOVOSTI" (Russia) "NOVOE VREMIA" INDEPENDENT NEWSPAPER, Official Partner

"RIELLO" (Italy) "BERETTA" HEATING SYSTEMS SHOWROOM, Dealer

"RIFENG PIPING SYSTEMS" "NOR TUN" BUILDING MATERIALS CHAIN STORE, Exclusive Distributor

"RIO GRANDE" (Armenia) "RAFFAEL CONTINI TRADING COMPANY", Holder

"RISO" (Japan) "ALPHA-PRINT" PRINTING HOUSE, Partner

"LIMUSH", Authorized Representative

"RIVS" (Russia) "IVS", REPRESENTATION OF RUSSIAN "RIVS" COMPANY IN ARMENIA

"RM" (France) "AVANGARD MOTORS", Partner

"ROBERTO CAVALLI" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Partner

"ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"ROBE SHOW LIGHTING" (Czech Republic) "BUSINESS-INVEST", Distributor

"ROGIERS" (Netherlands) "EUROINTER" CANDLES AND ACCESSORIES SPECIALIZED SHOP, Distributor

"ROMED" (Netherlands) "QUANTUM S.", Distributor

"ROMEO GIGLI" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"ROMFARMACHIM" (Romania) "LAMBRON-PHARMIMPEX", Distributor

"ROMPHARMA" (Romania) "MERCADO HOLDING", Distributor

"RONSEAL" (United Kingdom) "FIL", Exclusive Representative

"ROSA-PHYTOPHARMA" (France) "PHARM TRUST", Representative and Distributor

"ROSCAFE" (Russia) "CHAICOFF" SPECIALIZED SHOP FOR TEA AND COFFEE, Exclusive Dealer

"ROSCO" (USA) "SHOW-MASTER", Distributor

"ROSNO" (Russia) "STATE INSURANCE-ARMENIA", Reinsurance Partner

"ROTRONIC" (Switzerland) "UNICOMP", Distributor

"ROU BILL" (Germany) "ANTARES HOLDING", Distributor

"ROWENTA" (Germany) "ZIGZAG", Dealer

"ROYAL-THERMO" (Italy) "CONSEL", Representative

"RUS" (Russia) "LIA-K GROUP", Distributor

RUSSIAN INTERNATIONAL ACADEMY FOR TOURISM (Russia) ARMENIAN INSTITUTE FOR TOURISM, THE BRANCH OF RUSSIAN INTERNATIONAL ACADEMY FOR TOURISM

RUSSIAN MARKETING ASSOCIATION (Russia) ARMENIAN MARKETING ASSOCIATION, Official Partner

"RUSSIAN FOOD AND DRINKS MARKET" (Russia) ARMENIAN MARKETING ASSOCIATION, Authorized Representative

"RUSSKIE KLEY" (Armenia) "TG KLEY", Holder

"RUSSKIE KRASKI" (Russia) "ROSLAC", Official Dealer

"RUSSKOE RADIO" (Russia) "RADIO ALFA", Retransmitter

"S7 AIRLINES" (Russia) "SIBERIA" AIRLINES, REPRESENTATION IN ARMENIA, Representative

"SADEF" (Belgium) "TRIYAN", Distributor

"SADIA" (Brazil) "SEVAN", Representative and Partner

"SADOLIN" (Sweden-Estonia) "SARD" CHAIN STORE, Dealer

"SAER" (Italy) "AR & AR DESIGN CONSTRUCTION", Exclusive Distributor

"SAFILO" (Italy) "HAY OPTIC" GLASSES SHOP, Representative

"SALAMANDER" (Germany) "NAREK" CHAIN STORE, Exclusive Distributor

"VAL-AN PROF" WINDOW AND DOOR MANUFACTURING ENTERPRISE, Authorized Representative (sections)

"SALLY HANSEN" (USA) "ASMIDA" COSMETICS AND DETERGENTS IMPORTATION COMPANY, Authorized Distributor

"SALOMON" (France) "ADIDAS" FIRM SHOP, Authorized Representative

"SALVADOR DALI" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor

"SALVATORE FERRAGAMO" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"SALVINI" (Italy) "MERCURY" JEWELLERY BOUTIQUE, Official Dealer

"SAMARA" AIRLINES (Russia) "DELTA-FRAGMENT", Partner

"SAMBA" (Armenia) "FERO", Holder

"SAMSUNG ELECTRONICS" (Republic of Korea) "FINE", Authorized Representative and Service Center

"SAMSUNG" FIRM SHOP, Official Dealer

"TELECOM" FIRM SHOP, Authorized Distributor (mobile phones)

"SANDOZ" (Austria) "QUANTUM S.", Distributor

"SANEL" "VERELAKMONTAJ", Representative

"SANITEC KOLO" (Poland) "ABACHO-FRANCE", Exclusive Distributor

"SANOFI-AVENTIS" (France) "LAMBRON-PHARMIMPEX", Distributor

"NATALI PHARM", Distributor

"SANOSAN" (Germany) "QUANTUM S.", Distributor

"SANTERI" (France) "PHARM TRUST", Representative and Distributor

"SANY" (China) "AAB CONCERN", Exclusive Representative

"SARA LEE" (USA) "PARTNER", Authorized Representative

"SARATOV AIRLINES" (Russia) "URMIA", Representative

"SARTOGOSM" (Russia) "EDESSA", Representative

"SARTORIUS" (Germany) "EDESSA", Representative

"SAUNIER DUVAL" (France) "THERMOSYS" SHOWROOM, Authorized Distributor

"SAVIO" (Italy) "AR & AR DESIGN CONSTRUCTION", Exclusive Distributor

"SCANTECH" (Sweden) "KARHAGAR", Distributor

"SCAT" AIRLINES (Kazakhstan) "DIRIGIBLE", Representative

"SCHACHERMAYER" (Austria) "MOST GROUP", Representative

"SCHEDRY DAR" (Ukraine) "LIA-K GROUP", Distributor

"SCHILLER" (Switzerland) "DIASERV", Exclusive Distributor

"SCHMITZ" (Germany) "PILE" SHOP SALON, Authorized Representative

"SCHREURS" (Netherlands) "HEALTHY PLANTS", Representative

"SCHUCO" (Germany) "EUROPROFILE", Distributor

"SCHULZ" (Germany) "CERAMICA", Partner

"SCHWABE" (Germany) "PHARM TRUST", Representative and Distributor

"SCHWARZKOPF" (Germany) "C & F CO", Authorized Distributor

"SCHWARZKOPF PROFESSIONAL" (Germany) "IDEA-S", Authorized Representative

"SCIENTECH" (USA) "TECHNOATOMENERGO", Partner

"SC JOHNSON" (USA) "NJF DISTRIBUTION", Exclusive Distributor

"SEA-DOO" (Canada) "VITESSE", Distributor

"SEAGATE" (USA) "COMPUTER SERVICE", Resource Partner

"UNICOMP", Partner

"SEAT" (Spain) "OVNE" CAR MAINTENANCE COMPANY, Service Center

"SELTMANN WEIDEN" (Germany) "TRAVELON", Exclusive Distributor

"SENATOR" (Germany) "ANTARES HOLDING", Distributor

"SENIDECO" (France) "SARD" CHAIN STORE, Dealer

"SEPPIM-ELITECH" (France) "DELTA" RESEARCH AND PRODUCTION CENTER, Exclusive Distributor

"SERA-POOL" (Turkey) "AQUATUS" SHOWROOM OF SAUNAS & SWIMMING POOLS, Distributor

"SERGIO TACCHINI" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"SERVICE PLUS" (Russia) "CIT" ("CENTER FOR INFORMATION TECHNOLOGIES"), Distributor

"DIGI ARMENIA", Official Dealer

"SERVIER" (France) "NATALI PHARM", Distributor

"SETRA" (Germany) "IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"SEVENTEEN" (France) "PARTNER", Authorized Representative

"SGM" (Italy) "SHOW-MASTER", Exclusive Distributor

"SHAHNAZ HERBALS" (India) "EKO" HEALTH AND BEAUTY CENTER, Representative

"SHAUMA" (Germany) "C & F CO", Authorized Distributor

"SHELL" (United Kingdom-Netherlands) "A-JAVA", Authorized Distributor

"SHERE" (Sri Lanka) "VALLETTA", Distributor

"SHERIDAN'S" (United Kingdom) "AGENA" ALCOHOLIC BEVERAGE IMPORTATION COMPANY, Distributor

"SHTRIH-M" (Russia) "INTER OCTAVA", Representative

"SICO" (Germany) "ARSANA", Exclusive Distributor

"SICOM" (Russia) "ELCOMP", Authorized Representative

"SICOMED" (Romania) "LAMBRON-PHARMIMPEX", Distributor

"SIEGENIA AUBI" (Germany) "EUROPROFILE", Distributor

"SIEMENS" (Germany) "SVS-MEDICAL" HEARING REHABILITATION AND HEARING AID CENTER, Authorized Partner (hearing aids)

"ZIGZAG", Dealer

"SIEMENS ICN" (Germany) "MTD-GROUP", Business Partner, Authorized Service Center

"SIGMA-ALDRICH" (Germany) "CHEMREAGENT" PRODUCTION & TRADE CENTER, Authorized Distributor

"DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"SIKA" (Switzerland) "NOR GIND", Distributor

"SILHOUETTE" (Austria) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"SINTEC" (Russia) "VALVOLINE" ENGINE OIL STORE, Official Dealer

"SINTOIL" (Russia) "HUYS-MOTOR", Authorized Importer

"VALVOLINE" ENGINE OIL STORE, Official Dealer

"SIPAN" (Armenia) "SIPAN" SOFT DRINKS MANUFACTURING ENTERPRISE, Producer

"SIPAN JERMUK" (Armenia) "SIPAN" SOFT DRINKS MANUFACTURING ENTERPRISE, Holder

"SIPLAST-ICOPAL" (France) "MASIS", Representative

"SISMA" (Italy) "PARTNER", Distributor

"SIXT" (Germany) "FORA", Authorized Representative

"SKF" (Sweden) "VA SOLUTION" BEARINGS IMPORTATION COMPANY, Authorized Distributor

"SKI-DOO" (Canada) "VITESSE", Distributor

"SKODA AUTO" (Czech Republic) "OVNE" CAR MAINTENANCE COMPANY, Service Center

"VALTI MOTORS", Importer

"SLAVNY FERMER" (Russia) "CATHERINE GROUP", Exclusive Distributor

"SLOBODA" (Russia) "LIA-K GROUP", Distributor (vegetable oil)

"SMAK" (Russia) "VERFAR", Exclusive Representative

"SMART TECHNOLOGIES ULC" (Canada) "FIRM ALPHA", Authorized Regional Distributor

"SMIRNOFF" (United Kingdom) "AGENA" ALCOHOLIC BEVERAGE IMPORTATION COMPANY, Distributor

"SOBRANIE" (United Kingdom) "CATHERINE GROUP", Exclusive Distributor

"SOFMAR" (Georgia) "SOFMAR" CARGO TRANSPORTATION COMPANY, REPRESENTATION IN YEREVAN

"SOLA" (Netherlands) "TRAVELON", Authorized Distributor

"SOMFY" (Germany) "MMM", Authorized Distributor

"SOMMER CABLE" (Germany) "ARDZAGANK STUDIO" MUSIC COMPANY, Representative

"SONAX" (Germany) "SONAX" CAR CARE PRODUCTS SHOP, Official Partner

"SONY" (Japan) "ZIGZAG", Dealer

"SONY ERICSSON" (Japan-Sweden) "LOCAL DEVELOPERS", Authorized Distributor

"SOPHARMA" (Bulgaria) "ARMFARM", Authorized Representative

"SOPREMA" (France) "MASIS", Representative

"SORINI" (Italy) "SOVRANO", Partner

"SOUNDCRAFT" (United Kingdom) "SHOW-MASTER", Distributor

"SPAAS" (Belgium) "EUROINTER" CANDLES AND ACCESSORIES SPECIALIZED SHOP, Partner

"INKERON" GIFT & WOMEN CLOTHES SHOP, Dealer

"SPARKY" (Germany) "AREG", Distributor

"SPERIAN PROTECTION" (France) "CLUB POGREB NOYA", Authorized Distributor

"SPIDI" (Italy) "Z MOTORS COMPANY", Distributor

"SPORTALM" (Austria) "ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Distributor

"SQUIRREL" "NOR TUN" BUILDING MATERIALS CHAIN STORE, Exclusive Distributor

"SQUIRREL" (Italy) "V-THERMO" HEATING SYSTEMS AND PLUMBING FIXTURES SHOP, Partner

"STANDOX" (Germany) "KARCOMAUTO", Authorized Distributor

"STAR GROUP" (Turkey) "MMM", Authorized Distributor

"STARY MELNIK" (Russia) "CATHERINE GROUP", Exclusive Distributor

"STEFI" MONEY TRANSFER SYSTEM "HAYPOST", Operator

"STEINHOF" (Poland) "OVNE" CAR MAINTENANCE COMPANY, Authorized Distributor

"STEVENS" (USA) "GEESA", Representative

"STINOL" (Russia) "ZIGZAG", Dealer

"STONE" (USA) "RAFAEL", Dealer

"STO RECEPTOV KRASOTY" (Russia) "C & F CO", Authorized Distributor

"KALINA-DVIN", Dealer

"SUM OF TECHNOLOGIES - SERVER SYSTEMS" (Russia) "ELCOMP", Authorized Representative

"SUN MICROSYSTEMS" (USA) "INNOVA SOLUTIONS", Associated Partner

"SUNSILK" (United Kingdom) "C & F CO", Authorized Distributor

"SUPERMICRO" (USA) "DOM-DANIEL", Exclusive Distributor

"SUPERMICRO OEM" (USA) "UNICOMP", Partner

"SUPER TALENT" (USA) "NEWCOMP", Distributor

"SUZUKI" (Japan) "GARANTSERVICE", Partner

"SVOBODA" (Russia) "ASMIDA" COSMETICS AND DETERGENTS IMPORTATION COMPANY, Authorized Distributor

"SWAROVSKI" (Austria) "EGOISTE" BOUTIQUE, Exclusive Distributor

"SWAROVSKI" (Germany) "SOFT LAND" TEXTILE HOME, Importer (textiles)

"SWIFT" MONEY TRANSFER SYSTEM (Belgium) "ARARATBANK", Operator

"ARMENIAN DEVELOPMENT BANK", Member

"PROMETEY BANK", Member

"VTB BANK (ARMENIA)", Operator

"SYLVANIA" (USA) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Representative

"SYLVANIA" (Germany) "EUROTECHNOLUCE" SHOWROOM, Distributor

"SYLVANIA" (USA) "LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Representative

"SYLVANIA" (Germany) "PILE" SHOP SALON, Authorized Representative

"SYMANTEC" (USA) "BEVER COMPUTERS", Silver Partner

"DOM-DANIEL", Channel Partner Premier

"SYNTRON BIORESEARCH" (USA) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"SYSTA" (Germany) "HENKO", Official Dealer

"SYSTEMAIR" (Sweden) "CONSEL", Distributor

"TAFT" (Germany) "C & F CO", Authorized Distributor

"TAKEMS" (Germany) "NEWCOMP", Distributor

"TALENTO" (Italy) "MERCURY" JEWELLERY BOUTIQUE, Official Dealer

"TANGIT" (Germany) "HENKO", Official Dealer

"TANGO" (Turkey) "YEREVAN PLAST", Dealer

"TARM" (Germany) "BUSINESS-INVEST", Distributor

"TATARSTAN" AIRLINES (Russia) "ARON", General Agent

"TCHIBO" (Germany) "CHAICOFF" SPECIALIZED SHOP FOR TEA AND COFFEE, Exclusive Dealer (coffee, chocolate)

"TCHIBO" GERMAN CLOTHING AND HOME GOODS STORE, Importer (household goods)

"TDK MARKETING EUROPE" (Luxembourg) "PARLE", Authorized Distributor

"TECE" (Germany) "CONSEL", Representative

"TECHIMPEX" (Slovakia) "ROCARM" PRODUCTION COMPLEX, Partner

"TECHNONICOL" (Russia) "SARME GROUP", Exclusive Distributor

"TECHNOS" "VERELAKMONTAJ", Representative

"TECKENTRUP" (Germany) "MMM", Authorized Distributor

"TECNOLUCE" (Spain) "EUROTECHNOLUCE" SHOWROOM, Representative

"TEFAL" (France) "ZIGZAG", Dealer

"TEGOLA CANADESE" (Italy) "HOVASH", Exclusive Representative

"TEHALIT" (Germany) "ROOT ITSP", Distributor

"TEKA" (Spain) "CERAMICA", Partner

"TELETEK ELECTRONICS" (Bulgaria) "TELETEK-M", Authorized Representative

"TELWIN" (Italy) "AREG", Distributor

"TEMPO FORTE" (Armenia) "PAPAZYAN-OSKANYAN", Holder (coffee)

"TENA" (Sweden) "LIBERO" DISTRIBUTION CENTER, Distributor

"TENGLER MATCH" (Germany) "ANTARES HOLDING", Distributor

"TERAOKA SEIKO" (Japan) "DIGI ARMENIA", Official Dealer

"TEREX" (Germany) "ZEPPELIN ARMENIA", Authorized Distributor

"TETLEY" (United Kingdom) "PARTNER", Distributor

"TETROSYL" (United Kingdom) "ENGLISH TRADE HOUSE", Official Supplier

"TEVA" (Israel) "LAMBRON-PHARMIMPEX", Distributor

"MERCADO HOLDING", Distributor

"TEXACO" (USA) "NAKOIL" LUBRICANTS TRADING ENTERPRISE, Distributor

"THE REGENT'S SCHOOL" (Thailand) "GLOBAL BRIDGE" EDUCATIONAL CENTER, Representative

"THERMOTECH" (Sweden) "HENKO", Official Dealer

"THE WILLARD GROUP" (Ukraine) ARMENIAN MARKETING ASSOCIATION, Authorized Distributor

"THOMASVILLE" (USA) "BOGART" INTERIOR SALON, Dealer

"THOMSIT" (Germany) "HENKO", Official Dealer

"THORNTON & ROSS" (United Kingdom) "DEGHABAZA YEREVAN", Distributor

"THURAYA" (United Arab Emirates) "ELCOMP", Authorized Representative

"TIEMME" (Italy) "EUROTERM", Exclusive Distributor

"TIKKURILA PAINTS" (Finland) "SARD" CHAIN STORE, Dealer

"TIMOTEI" (United Kingdom) "C & F CO", Authorized Distributor

"TITANIA" (Germany) "NAREK" CHAIN STORE, Exclusive Distributor

"TLS COMMUNICATION GMBH" (Germany) "FIRM ALPHA", Authorized Regional Distributor

"TNK LUBRICANTS" (Russia) "NAKOIL" LUBRICANTS TRADING ENTERPRISE, Authorized Distributor

"TOI & MOI" (Greece) "VIA ARTIS" WOMEN'S CLOTHES STORE, Distributor

"TOILET DUCK" (USA-United Kingdom-Ukraine) "NJF DISTRIBUTION", Authorized Distributor

"TOM TAILOR" (Germany) "SOFT LAND" TEXTILE HOME, Importer

"TONUS ELAST" (Latvia) "TONUS-LES", Distributor

"TORK" (Sweden) "LIBERO" DISTRIBUTION CENTER, Distributor

"TORMAX" (Switzerland) ABRAM ABRAMYAN, Authorized Dealer

"TOSHIBA" (Japan) "CONSEL", Distributor

"TOTEN" (China) "YEREVAN TELECOM SOLUTIONS", Business Partner

"TOYOTA" (Japan) "ELIT" SPECIALIZED CHAIN STORE, Seller (automotive spare parts)

"GARANTSERVICE", Partner

"OVNE" CAR MAINTENANCE COMPANY, Service Center

"TRANE" (USA) "TREIMAX", Authorized Distributor

"TRANSCEND" (Taiwan) "BI LINE", Dealer

"TRANSCEND" (USA) "NEWCOMP", Dealer

"TRANSPEK INDUSTRY" (India) "CHEMREAGENT" PRODUCTION & TRADE CENTER, Authorized Distributor

"TRAVELEX" MONEY TRANSFER SYSTEM (United Kingdom) "HAYPOST", Operator

"TREND MICRO" (USA) "DOM-DANIEL", Authorized Distributor

"TRIPP LITE" (USA) "UNICOMP", Authorized Distributor

"TRISA" (Switzerland) "NIVEA" WHOLESALE TRADING WAREHOUSE, Exclusive Distributor

"TROGE MEDICAL" (Germany) "TONUS-LES", Distributor

"TYCO ELECTRONICS" (USA) "LANS", Certified Partner

"TYCO ELECTRONICS/AMP NETCONNECT" (USA) "MELINET" INFORMATION TECHNOLOGY SOLUTION PROVIDER, Strategic Partner and Installer

"ROOT ITSP", Representative and Distributor

"UNICOMP", Authorized Designer and Installer

"TYLO" (Sweden) "AQUATUS" SHOWROOM OF SAUNAS & SWIMMING POOLS, Distributor

"UFESA" (Spain) "ZIGZAG", Dealer

"UKOIL" (Ukraine) "ARMAN-OIL", Dealer

"UKRAINIAN INDUSTRIAL RESOURCES" (Ukraine) "PIK-PAK" COSMETICS IMPORTATION COMPANY, Exclusive Distributor

"UMIRS" (Russia) "ELCOMP", Business Partner

"UNICAL" (Italy) "AR & AR DESIGN CONSTRUCTION", Exclusive Distributor

"UNIGRA - MASTER MARTINI" (Italy) "ALPHA FOOD SERVICE", Exclusive Distributor

"UNILEVER" (United Kingdom) "C & F CO", Authorized Distributor

"UNIPHARM" (USA) "QUANTUM S.", Distributor

"UNIQUE PHARMACEUTICAL LABORATORIES" (India) "PHARM TRUST", Representative and Distributor

"UNISTREAM" MONEY TRANSFER SYSTEM (Russia) "UNIBANK", Partner

UNITED UNIVERSITY OF TOURISM OF CIS MEMBER-STATES ARMENIAN INSTITUTE FOR TOURISM, THE BRANCH OF RUSSIAN INTERNATIONAL ACADEMY FOR TOURISM, Official Member

"UPS" (USA) "EXPRESS-HAYK", Authorized Service Contractor

"UPSA" (France) "NATALI PHARM", Distributor

"URB" (Romania) "BEARINGS CITY", Dealer

"UZ-DAEWOO" (Uzbekistan) "UNION", Authorized Representative

"VACUFLO" (USA) "VACUFLO", Exclusive Distributor

"VAILLANT" (Germany) "MAVA TERM", Authorized Representative

"VALENTINO" "ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor (perfumes)

"VALIO" (Finland) "PUNJ", Distributor

"VALSIR" (Italy) "BOSCH" SPECIALIZED SHOP OF HEATING SYSTEMS, Authorized Distributor

"VALVOLINE" (USA) "VALVOLINE" ENGINE OIL STORE, Authorized Representative

"VBH" (Germany) "MMM", Authorized Distributor

"VEH GROUP" (Armenia) "VEH GROUP", Holder

"VEKA" (Germany) "MMM", Authorized Distributor

"VERBATIM" (Germany) "MCS CAUCASUS", Authorized Distributor

"VERNEL" (Germany) "C & F CO", Authorized Distributor

"VERSACE" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"ROUGE BEAUTE" PERFUME & COSMETICS RETAIL CHAIN, Distributor (perfumes)

"VERSUS" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"VICTORINOX" (Switzerland) "EIFFEL" SALON OF SWISS WATCHES, Official Dealer

"VIDEOJET TECHNOLOGIES" (USA) "GAVJET" INDUSTRIAL EQUIPMENT IMPORTATION COMPANY, Authorized Distributor

"VIDIMA" (Bulgaria) "IDEAL SYSTEM" CHAIN STORE, Partner

"VIESSMANN" (Germany) "KANAYAN & CO", Authorized Representative

"VILEDA" (Germany) "NARIM", Exclusive Distributor

"VIMAR" (Italy) "NAREK", Business Partner

"VINCENT CADEAUX" (France) "INKERON" GIFT & WOMEN CLOTHES SHOP, Dealer

"VINGCARD ELSAFE" (Norway) "FITTICH HALDI", Exclusive Representative

"VIVA" (Armenia) "FERO", Holder

"LENTEX", Holder

"VIVIENNE WESTWOOD" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"VIZIT" (Germany) "ARSANA", Exclusive Distributor

"VOGEL'S" (Netherlands) "ZIGZAG", Dealer

"VOGEN" (Cyprus) "LAMBRON-PHARMIMPEX", Distributor

"VOGUE" (Italy) "EGOISTE" BOUTIQUE, Exclusive Distributor (eyeglasses)

"VOLGA AVIAEXPRESS" (Russia) "URMIA", Representative

"VOLKSWAGEN" (Germany) "EUROWAGEN", Official Supplier

"IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"OVNE" CAR MAINTENANCE COMPANY, Service Center

"VOLTA" (Poland) "ELCOMP", Business Partner

"VOLVO" (Sweden) "FORA", Authorized Representative

"IDEAL TRAVEL" AUTOMOTIVE SPARE PARTS SHOP, Importer (automotive spare parts)

"VORTICE" (Italy) "AR & AR DESIGN CONSTRUCTION", Exclusive Dealer

"VOSSLOH SCHWABE" (Germany) "EURO LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"EUROTECHNOLUCE" SHOWROOM, Distributor

"LUYS" LIGHTING EQUIPMENT SPECIALTY STORE, Distributor

"PILE" SHOP SALON, Authorized Representative

"VSK - MILITARY INSURANCE COMPANY" (Russia) "STATE INSURANCE-ARMENIA", Reinsurance Partner

"WACOM" (USA) "MICRORING", Distributor

"WALTER BABINI" (Italy) "ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Distributor

"WAREMA" (Germany) "RAYWERTHI", Authorized Representative

"WELEDA" (Switzerland) "WELLA PROFESSIONAL", GENERAL REPRESENTATION IN ARMENIA, Representative

"WELLA" (Germany) "ARGE BUSINESS", Distributor

"WELLA PROFESSIONAL" (Germany) "WELLA PROFESSIONAL", GENERAL REPRESENTATION IN ARMENIA

"WELLINGTON SYNDICATE SERVICES - LLOYD'S SYNDICATE 2020" (United Kingdom) "ROYAL INSURANCE", Partner

"WESTERN UNION" MONEY TRANSFER SYSTEM (USA) "ARARATBANK", Operator

"ARDSHININVESTBANK" BANK FOR INDUSTRY, CONSTRUCTION AND INVESTMENT, Agent

"AREXIMBANK", Operator

"ARMBUSINESSBANK", Operator

"ARMECONOMBANK" ARMENIAN ECONOMY DEVELOPMENT JOINT-STOCK BANK, Representative

"ARMENIAN DEVELOPMENT BANK", Agent

"ARMIMPEXBANK", Direct Agent

"BYBLOS BANK ARMENIA", Agent

"CONVERSE BANK", Operator

"DEPI TUN" MONEY TRANSFER AND PAYMENTS OFFICE, Subagent

"INECOBANK", Operator

"PROMETEY BANK", Member

"UNIBANK", Member

"VTB BANK (ARMENIA)", Operator

"WEST MEDICA" (Austria) "DELTA" RESEARCH AND PRODUCTION CENTER, Authorized Distributor

"WILLI BETZ" (Germany) "TRANSIMPEX", Agent

"WILO" (Germany) "AR & AR DESIGN CONSTRUCTION", Dealer

"ARTCLIMA", Partner

"EUROPROFILE", Business Partner

"KANAYAN & CO", Official Partner

"WILO PUMPS" (Republic of Korea) "EUROTERM", Sales Agent

"WINCOR NIXDORF INTERNATIONAL" (Germany) "BECAM", Authorized Business Partner

"WORK" (Spain) "BUSINESS-INVEST", Distributor

"WORLD MEDICINE" (USA) "NATALI PHARM", Distributor

"TONUS-LES", Distributor

"WORLD MEDICINE" PHARMACEUTICAL COMPANY, ARMENIAN REPRESENTATION

"WRIGLEY" (USA) "DERJAVA-S", Distributor

"WULING" (China) "AAB CONCERN", Exclusive Representative

"XCMG" (China) "AAB CONCERN", Exclusive Representative

"XEROX" (USA) "COMPUTER SERVICE", Official Dealer

"MICRORING", Business Partner

"YALTEKS" (Turkey) "GEESA", Exclusive Representative

"YAMAHA" (Japan) "FORTE" MUSIC CENTER, Authorized Distributor

"GALOPER", Distributor

"MUSIC STORE", Dealer

"YAMAL" AIRLINES (Russia) "DIRIGIBLE", Representative

"YAN" (Armenia) "SIS NATURAL", Producer

YEREVAN BRANDY COMPANY (Armenia) "NOYAN TAPAN" SPECIALIZED CHAIN STORE FOR ALCOHOLIC BEVERAGES, Partner

"YES" (Germany) "SOFT LAND" TEXTILE HOME, Importer

"YONG GANG" (China) "FOL-FARM", Exclusive Distributor

"YORK" (USA) "EUROPROFILE", Distributor (cooling systems)

"YORK" (Poland) "SAR-JI", Authorized Distributor (household goods)

"YOUNSUNG" (Republic of Korea) "AZAD FINE CHEMICALS", Exclusive Distributor

"YPLON - MCBRIDE" (France) "ASMIDA" COSMETICS AND DETERGENTS IMPORTATION COMPANY, Authorized Distributor

ZAGORSK PAINT AND VARNISH PLANT (Russia) "ROSLAC", Official Dealer

"ZAMBON" (Italy) "LAMBRON-PHARMIMPEX", Distributor

"ZAMBON GROUP" (Italy) "PHARM TRUST", Distributor

"ZAPA" (France) "INKERON" GIFT & WOMEN CLOTHES SHOP, Dealer

"ZAPOROZHSKOE" (Ukraine) "LIA-K GROUP", Distributor (margarine)

"ZAR" (USA) "YERANG" PAINT SHOP, Distributor

"ZARA AKUNTS - NATURAL PRODUCTS" (India) "EKO" HEALTH AND BEAUTY CENTER, Representative

"ZENTIVA" (Czech Republic) "LAMBRON-PHARMIMPEX", Distributor

"ZEPTER INTERNATIONAL" (Switzerland) "ARKAED", Distributor

"TRAVELON", Authorized Distributor

"ZEST" (Republic of Korea) "HARD LIGHTS", Importer

"ZEUS" (Russia) "BILLIARDIST" SPECIALIZED SHOP FOR BILLIARDS TABLES AND ACCESSORIES, Partner

"ZEWA" (Sweden) "LIBERO" DISTRIBUTION CENTER, Distributor

"ZILLI" (France) "ROMA" ITALIAN CLOTHING AND FOOTWEAR SHOP, Distributor

"ZLATITSA" (Russia) "CATHERINE GROUP", Exclusive Distributor

ZOHRABYANI TIGRAN METS (Armenia) "ZOHRABYANI TIGRAN METS" DIARY PRODUCTS FACTORY, Holder

"ZOLOTAYA KORONA" MONEY TRANSFER SYSTEM (Russia) "CONVERSE BANK", Operator

"ZRC" (France) "EGOISTE" BOUTIQUE, Exclusive Distributor (accessories for watches)

"ZUCCARI" (Italy) "ARS-FINE", Exclusive Representative

"ZYNOLYTE" (USA) "YERANG" PAINT SHOP, Distributor

"ZYXEL" (Taiwan) "LANS", Service Provider and Authorized Partner

[Армянский транзит]

Тоже мне умник нашелся. Во первых, твоя статья 3 месячной давности. Во вторых, представители этих стран подписали только МЕМОРАНДУМ ОБ УЧАСТИИ В ПРОЕКТЕ. К ним при желании могут присоединяться Нигерия, Гана и прочие жалкие страны типа Азербайджана экономика которой полностью зависима от экспорта нефти, Турции и БП, заражена голландской болезнью и тонет в гипер-инфляции. Так что это еще вопрос кто чей форпост и кто в тупике.

[Сексуальность]

Мне сегодня сказали, что у меня очень сексуальные волосы )))

Я тоже это потверждаю и не только волосы.

[Глава МИД Армении испугался?]

И вообше, поменяй свой ник на "ширкин фатима"

[Глава МИД Армении испугался?]

ЮляКомитетШуши

Если Азербайджан вздумает напасть на Арцах, Армения прицелит свои балистические ракеты С-300 с установкой БДРС541 прямо на Баку.

[Армянский транзит]

Армения позитивно оценивает реабилитационные работы на абхазском участке российско-грузинской железной дороги, начатые на днях Россией. В Ереване полагают, что восстановление сообщения Сочи–Сухуми способно сыграть важную роль в полном разблокировании железнодорожного движения в грузинском направлении. Армянская сторона жизненно заинтересована в этом – появляется возможность прорвать многолетнее полублокадное положение.

Ввод в эксплуатацию 55-километрового участка абхазской железной дороги, который сейчас ремонтируют железнодорожные войска России, может сыграть значительную роль в геостратегических «комбинациях» на Южном Кавказе. Восстановление железнодорожного сообщения между Россией и Грузией для Армении стало особенно актуальным после того, как появились сведения о том, что паромная переправа «Порт Кавказ (Краснодарский край) – Поти (Грузия)» может перестать функционировать в ближайшее время. Министр транспорта и связи Армении Гурген Саркисян на пресс-конференции во вторник сообщил, что паром, в последнее время работающий нерегулярно, стал нерентабельным для собственника. «У нас имеется информация, что он, возможно, будет вскоре остановлен», – сказал министр.

Паром, как известно, соединяет Армению с Россией через грузинские порты и является для Еревана дорогой жизни в северном направлении. Поэтому заинтересованность армянской стороны в скорейшем разблокировании российско-грузинской железной дороги закономерна и объяснима. И ожидания Еревана небеспочвенны.

После того как возобновится сообщение Сочи–Сухуми, до собственно Грузии останется рукой подать. По большому счету у Тбилиси тогда не будет весомых аргументов против восстановления железнодорожного сообщения с Россией через Абхазию, уж коли поезда по самой отколовшейся автономии, очевидно, будут курсировать, какие бы протесты ни выражала грузинская сторона. Напомним также, что из-за внутриполитической напряженности в Грузии был приостановлен тендер на концессионное управление Грузинскими железными дорогами (ГЖД). Теперь, когда позади и президентские, и парламентские выборы, власти вернутся к этому вопросу. В списке основных кандидатов на победу в тендере, как уже писала «НГ», присутствует российская компания Center Invest Capital Partners, которой вполне могут камуфлировать свои интересы Российские железные дороги (РЖД). И если ГЖД окажется в распоряжении РЖД, то весь железнодорожный расклад в регионе станет более чем прозрачным. Особенно с учетом позиций РЖД в Армении.

РЖД через специально созданную компанию «Южнокавказские железные дороги» с 1 июня (на две недели раньше срока) официально приступили к 30-летнему с правом пролонгации еще на 20 лет концессионному управлению Армянской железной дорогой (АЖД). Как видно из названия компании, аппетиты россиян только этой дорогой не ограничиваются, а распространяются на весь регион. «Интерес России к транспортным коммуникациям общеизвестен. Надо полагать, что они предпримут максимум усилий, чтобы ГЖД оказались в их управлении», – заявил «НГ» грузинский эксперт по экономическим вопросам Гия Хухашвили.

Как будут разворачиваться события в этом направлении, станет известно в ближайшем будущем. Пока же российская сторона подключилась к переговорам между Ереваном и Тегераном о строительстве железнодорожной ветки Армения–Иран, вписывающейся в глобальный транспортный коридор Север–Юг. Министр транспорта Гурген Саркисян сообщил, что в реализации этого проекта заинтересованы все стороны и ряд международных финансово-кредитных институтов. «Строительство железной дороги Армения–Иран будет иметь неоценимое значение для нашей экономики. Дорога позволит Армении пользоваться альтернативным путем транспортировки энергоресурсов и товаров и получить прямой выход во внешний мир, в то время как сейчас железнодорожные коммуникации Армении осуществляются только через Грузию... Когда же полностью заработает абхазская железная дорога, а рано или поздно это произойдет, то Армения может стать полноценным транзитным государством с серьезными геополитическими функциями», – заявил министр журналистам.

Строительство армяно-иранской железной дороги ориентировочно займет 7 лет и обойдется в 1,5–2 млрд. долл. Первоначально реализация проекта оценивалась в 1 млрд., однако мировой рост цен внес коррективы. Армянский экономист Эдуард Агаджанов полагает, что стоимость может возрасти еще больше. «Но дороговизна и сложность работ из-за горного рельефа вряд ли отпугнут потенциальных инвесторов или кредиторов, поскольку будущие дивиденды очевидны», – сказал он «НГ». Проект железной дороги Армения–Иран уже обсуждался с представителями Всемирного банка, Европейского банка реконструкции и развития и Европейского инвестиционного банка и был оценен в целом одобрительно.

[Правительство Армении]

Нам нужно увеличить сроки кредитования и снизить их проценты. Доля кредитования банков в Армении составляет всего 10% от ВВП, тогда как в развитых странах она достигает 100%.

[Россия-Армения.Союзное государство?]

А разве до этого мы не были союзными государствами(союзники) ? А насчет единого государства, я категорический против.