389 ENTERPRISES WITH FOREIGN CAPITAL REGISTERED IN ARMENIA IN 2007

ARKA News Agency, Armenia
Feb 6 2008

YEREVAN, February 6. /ARKA/. 389 enterprises with foreign investments
were registered in Armenia in 2007.

According to Armenia’s National Statistical Service, investments in
these organizations totaled 4,533.87mln Drams. Of them, 1773.34mln
Drams were investments in 145 enterprises with both local and foreign
founders. The remaining 224 enterprises have been registered as 100%
foreign with capital totaling 2,760.53mln Drams.

3,822 legal entities with investments totaling 10,070.27mln Drams
were registered in Armenia in 2007. ($1=308.27Drams).