NUMBER OF LEGAL ENTITIES GROWS BY 2.2%, NUMBER OF PRIVATE
BUSINESSMEN DECLINES BY 16.6% OVER PAST YEAR
08-11-2006 16:00:00 | Armenia | Economy
YEREVAN, NOVEMBER 8, NOYAN TAPAN. According to the State
Register Agency of Legal Entities and Private Businesmen of the
RA Ministry of Justice, since early 2006, 2,228 legal entities
and 5,816 private businessmen (including family enterprises) got
registered, with their total number making 53,444 and 59,830
respectively as of October 1, 2006. According to the RA National
Statistical Service, 52,280 legal entities and 70,822 private
businessmen were registered as of October 1, 2005. Over the past
year the number of legal entities grew by 2.2%, while that of
private businessmen declined by 16.6%.
In 2006, 1,216 legal entities and 18,441 private
businessmen were liquidated.
Investments of 15 bln 178 mln drams (about 35.3 mln USD)
were made by the legal entities registerd in 2006. Investments
of 668.47 mln drams were made in 120 enterprises founded by
foreign legal entities and citizens, investments of 342.28 mln
drams - in 112 joint ventures.