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  • Umba Productivity And Competitiveness Center To Promote Formation Of

    UMBA PRODUCTIVITY AND COMPETITIVENESS CENTER TO PROMOTE FORMATION OF COMPETITIVE ECONOMY IN ARMENIA

    Noyan Tapan
    Dec 20 2006

    YEREVAN, DECEMBER 20, NOYAN TAPAN. The Productivity and
    Competitiveness Center founded on the initiative of the Union of
    Manufacturers and Businessmen (Employers) of Armenia (UMBA) should
    promote the development of the policy of increasing productivity
    and competitiveness and the formation of regulating environment in
    Armenia. UMBA Chairman Arsen Ghazarian stated this at the December
    20 round table dedicated to the center's opening. In his words,
    the center should have functions of a leader in implementing special
    programs on productivity promotion and improvement and inoformation
    spread. Chairman of the Central Bank of Armenia Tigran Sargsian said
    in his speech that the most efficient way of developing the economy
    is productivity growth. According to him, for this purpose the state
    should first of all "get rid of non-competitive enterprises". In his
    opinion, it is necessary to take steps aimed at training and advice
    of skills on productivity improvement, which will make hundreds of
    entrepreneurs change their working rules and behavior.

    From: Emil Lazarian | Ararat NewsPress
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