Investment Opportunities in Armenia
BISNIS Armenia Update
24 May 2005
Contents:
1. Now on the BISNIS web site
2. New SFP leads from Armenia
3. Upcoming Events in Yerevan
4. New telephone numbers in Yerevan
5. CRDF Announces partner search in Armenia
6. JOB OPPORTUNITY – Head of Media Unit, Caucasus Media Institute, Yerevan
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1.) Now on the BISNIS web site:
Report on Vayots Dzor Province
ots.htm
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2.) New BISNIS Search for Partner leads from Armenia
BISNIS Search For Partners leads identify proposals by NIS companies for
long-term business cooperation in the Newly Independent States.
Lead I
Country: Armenia
Industry: Food Processing and Packaging (canned fruits and vegetables,
fruit juice)
Company: Vayots Dzor LLC
Summary: Vayots Dzor is a private company established in 1997 in
Yeghegnadzor that bottles mineral water and produces goat cheese for
export to the United States. The company also owns 20 hectares of
orchards and produces high quality fruits and vegetables, including
apricots, peaches, pears, and apples.
The company seeks a U.S. partner to establish joint production of canned
fruits and vegetables. It also wishes to set up natural juice
production. Vayots Dzor LLC is able to invest some USD $500,000 into the
cannery and fruit juice projects.
A business plan in English is available and can be mailed upon request.
Source: BISNIS representative in Armenia
LeadLink,
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Lead II
Country: Armenia
Industry: Auto parts
Company: Sportsmotors LLC
Summary: Sportmotors LLC is a private company established in 1999 in
Yerevan. The company specializes in importation and wholesale and retail
distribution of automotive spare parts used for BMW, DaimlerChrysler,
Opel and other brands. The company owns a showroom in Yerevan’s main
automobile spare parts business sectors.
Sportmotors seeks to become a dealer/distributor of a U.S. manufacturer
of automotive spare parts.
The company can conduct business in English.
Source: BISNIS representative in Armenia
LeadLink,
Note: These opportunities are provided solely as an informational
service and do not represent an endorsement by the U.S. Department of
Commerce. Verification of these leads is the responsibility of the reader.
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3.) Upcoming Events in Yerevan
Event #1
Event: 2005 Black Sea Business Day
Date: June 6, 2005
Location: Yerevan, Armenia
Organizer: Black Sea Trade & Development Bank
This regional business conference is organised under the auspices of the
Government of Armenia and in cooperation with the Armenian banking and
business community.
Members of the Armenian Government, top officials from other countries
of the Black Sea region, international financial institutions, private
investors and business leaders active in the region will exchange views
on ways to explore investment potential of Armenia and the Caucasus
region, with a focus on small business and financial sector development.
Companies, banks and investors interested in the Caucasus and greater
Black Sea region are invited to participate in the Black Sea Business Day.
Web site:
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Event #2
ARMENIA EXPO 2005 TRADE SHOW IN YEREVAN
Date: September 2005
Web site:
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4.) Telephone Number Changes
Starting from May 1, 2005, Armenia has new area and mobile codes. This
new numeration is developed by Armentel because a new provider of mobile
communications “K-Telecom” will be introduced to the Armenian market.
The following is the new dialing plan that is effective May 1, 2005:
From abroad to Yerevan, Armentel Mobile network, and K-Telecom:
– Yerevan: +374 + 10 + subscriber number instead of +374 +1 + number
– Armentel Mobile network: +374 + 91+ subscriber number instead of
+374 + 9 + number
– K-Telecom: +374 + 93 + subscriber number (new); +374+94+ subscriber
number (new)
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5.) CRDF announces partner search in Armenia
The US Civilian Research & Development Foundation announces a
competition for a partner to conduct its Science & Technology
Entrepreneurship Program (STEP) in Armenia. The competition is open to
all Yerevan-based non-profit organizations with experience in business
development and small and medium enterprise development. STEP pursues
the following specific objectives:
– Promote commercial entrepreneurship for scientists through practical
business training.
– Engage entrepreneurial scientists in a dialogue with local industry
and the business support community.
– Develop the capacity of indigenous institutions to promote growth of
the local innovation sector through event programs.
– Promote local and international innovation business partnerships.
Currently, the STEP program is being conducted in Azerbaijan, Georgia
and Moldova.
Additional information about the program, partner qualifications, and
the application process can be found at
All applications must be received no later than June 30, 2005. Partner
will be selected no later than July 15, 2005.
If questions arise, please contact:
Natalia Pipia
Civilian Research & Development Foundation
Tel: 703-526-4798
E-mail: [email protected]
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6.) Job opening
Position: Head of Media Unit at the Caucasus Media Institute, Yerevan
Starting: September 1, 2005
Caucasus Media Institute in Yerevan is looking for an expert in Mass
Media to coordinate its media projects. This position includes the
following responsibilities:
– Provide 4 hour weekly classes on genres of journalism, and practical
training on post-graduate level;
– Organize workshops on media topics addressing the training needs of
mid-career professionals;
– Coordinate the photojournalism course with the rest of the media
activities;
– Direct and carryout research on the media sector in the region.
The ideal candidate should have:
– Five years or more of practice in journalism, as reporter and editor;
– Experience in running trainings and courses in journalism;
– Theoretical knowledge of mass media theories, and knowledge of the
realities of post-Soviet media practice;
– Fluency in Russian and English. Knowledge of South Caucasus languages
is a plus.
The salary for the position is equivalent to a management salary in CIS
countries. The post is considered for at least 12 months.
To apply before deadline July 20, 2005, send:
– Your CV;
– Sample articles
To Lusine Toroyan at: [email protected]
For more information about the position, contact Fredrik Wadstrom:
[email protected]
The Caucasus Media Institute is a project funded by the Swiss Agency for
Development and Cooperation, and implemented by CIMERA.
********** Forwarded by: ***************************
Ellen S. House, BISNIS Trade Specialist for Armenia
U.S. Department of Commerce
Tel: 202/482-2284
Fax: 202/482-2293
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