PRODUCTION OF LYCOS-ARMENIA FIRM IS OF MUCH DEMAND ON EUROPEAN MARKET
YEREVAN, December 2 (Noyan Tapan). The Armenian branch of the Lycos
well-known German firm engaged in information technologies,
Lycos-Armenia, plans to increase the number of its employees from 150
to 250 people next year. Hovhannes Avoyan, Executive Director of
Lycos-Armenia, informed the journalists about this. According to him,
this extension is conditioned by growth of demand for the information
production of the firm. Its quality corresponds to world standards and
the price is considerably lower that in Europe, which is the main
market for programs of Lycos-Armenia.
H.Avoyan also said that in connection with the planned extension the
firm made a decision about renting 70% of territories in the business
center building of the American University.
At present 80 programmers work in the firm, their salary makes 0-500
and more depending on their qualification. They are admitted to work
on the basis of a tender.
Lycos-Armenia actively cooperates with the faculties of programming of
Yerevan State University and Engineering University. Starting from
2003-2005 the financing of training programs makes { YEREVAN, December
2 (Noyan Tapan). The Armenian branch of the Lycos well-known German
firm engaged in information technologies, Lycos-Armenia, plans to
increase the number of its employees from 150 to 250 people next
year. Hovhannes Avoyan, Executive Director of Lycos-Armenia, informed
the journalists about this. According to him, this extension is
conditioned by growth of demand for the information production of the
firm. Its quality corresponds to world standards and the price is
considerably lower that in Europe, which is the main market for
programs of Lycos-Armenia.
H.Avoyan also said that in connection with the planned extension the
firm made a decision about renting 70% of territories in the business
center building of the American University.
At present 80 programmers work in the firm, their salary makes 0-500
and more depending on their qualification. They are admitted to work
on the basis of a tender.
Lycos-Armenia actively cooperates with the faculties of programming of
Yerevan State University and Engineering University. Starting from
2003-2005 the financing of training programs makes $NewsText}.5m.
H.Avoyan said that at present the firm produces information products
on 5 categories: “Billing,” service of payment operations; production
connected with the communication sphere, opening of address and
sending of e-mail, besides, sending of short messages through
Internet; use of the CHAT system permitting to send short messages and
so on.
H.Avoyan also said that the sum of investments to the firm that made
2.5m euros in 2003, 3.5m euros this year will make about 5m euros in
2005.
}.5m.
H.Avoyan said that at present the firm produces information products
on 5 categories: “Billing,” service of payment operations; production
connected with the communication sphere, opening of address and
sending of e-mail, besides, sending of short messages through
Internet; use of the CHAT system permitting to send short messages and
so on.
H.Avoyan also said that the sum of investments to the firm that made
2.5m euros in 2003, 3.5m euros this year will make about 5m euros in
2005.