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  • If not the crisis...

    IF NOT THE CRISIS...

    Aysor
    Aug 25 2009
    Armenia

    Small and mid enterprises (SME) comprise 41.7 % or 1110323.5 million
    drams in the Gross Internal Outcome in 2008, compared with 41.0% or
    926188.1 million drams in 2007, i.e. 0.7 % or 184135.4 drams more. The
    analysis of these numbers states that the increase in Gross Internal
    Outcome recorded for the past years is stable.

    The SME results for 2009 will be fixed next year. Karen Gevorgyan, head
    of the Information Department of Small and Medium Entrepreneurship
    Development National Center of the Republic of Armenia, informed
    the reporter of Aysor.am that if this year there were no crisis,
    it would have been possible "to investigate the results of the past
    5 years and to make predictions".

    According to the reference book "SME in Armenia 2006-2008", which
    was published lately, on January 1, 2009, the number of registered
    commercial juridical persons and individual entrepreneurs comprised
    133405, i.e. 124.2% more as compared with the same period in 2008. The
    increase is due to the official registration of those trading in
    markets and fairs.

    In UNO SME investigations "The index of SME development" comprises
    544.0, in 2008, as compared with 398.6 in 2007 and 237.2 in 2006.

    K. Gevorgyan stated that by 2009 among the most active functioning
    SME in Armenia are registered in the areas of trade, industry,
    cultivation of farming goods, service and construction.
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