NUMBER OF LEGAL ENTITIES IN ARMENIA GROWS BY 1,074, WHILE
THAT OF PRIVATE BUSINESSMEN DECLINES BY 5,604
14-09-2006 18:00:00 | Armenia | Economy
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. According to the Agency
of the State Legal Entities and Private Businessmen Register of
the RA Ministry of Justice, since the beginning of 2006, 1,752
legal entities and 4,791 private businessmen (including family
enterprises) were put on the register, with their total number
making 53,220 and 64,687 respectively. According to the RA
National Statistical Service, as of August 1, 2005, 52,146 legal
entities and 70,291 private businessmen were registered.
In 2006, 947 legal entities and 11,765 private businessmen
were liquidated.
In 2006, investments of about 13 bln 401 mln drams (over
30.45 mln USD) were made ny 1,752 legal entities. Investments of
666.43 mln drams were made in the enterprises set up only by
foreign legal entities and citizens, and investments of 334.77
mln drams were made in 87 joint ventures.