Armenia Posts 1,084 Commercial Organizations, 5,676 Private Entrepre

ARMENIA POSTS 1,084 COMMERCIAL ORGANIZATIONS, 5,676 PRIVATE ENTREPRENEURS IN JAN-MAY 2009

ARKA
Jul 3, 2009

YEREVAN, July 3. /ARKA/. Armenia posted 1,084 commercial organizations
and 5,676 private entrepreneurs between January and May 2009, the RA
National Statistical Service reports.

Out of total registered organizations, 1,031 were limited liability
companies and 49 were closed joint stock companies.

As of June 1, 2009, total of 59,894 commercial organizations and
70,178 private entrepreneurs were doing business in Armenia, compared
to 57,661 commercial organizations and 56,359 privately held businesses
in the same period last year.

According to NSS, 327 legal entities (including enterprises and
separate subdivisions) and 1,639 privately held businesses were
liquidated between January and May 2009. ($1- 360.27 drams)