Announcement

Collapse
No announcement yet.

Armenia's IT Sector Salaries Are Among Highest In Country - Expert

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia's IT Sector Salaries Are Among Highest In Country - Expert

    ARMENIA'S IT SECTOR SALARIES ARE AMONG HIGHEST IN COUNTRY - EXPERT

    news.am
    April 11, 2012 | 13:20

    YEREVAN. - The average monthly salary in Armenia's Information
    Technology (IT) sector is AMD 400,000 (approx. US$ 1,025), Enterprise
    Incubator Foundation Executive Director Bagrat Yengibaryan stated
    during a press conference on Wednesday.

    According to him, 6,700 people are currently employed in the country's
    IT sector. Half of them work at local organizations, whereas the
    other half is employed by the local braches of foreign companies.

    At present, Armenia's IT sector is represented by 300 organizations;
    the annual profits amount to $205 million, and the growth was close
    to 25 percent in 2011.

    And as per the Economy Minister's advisor Vahe Danielyan, each IT
    sector worker in Armenia creates an annual value that is worth more
    than $36 thousand, which is an unprecedented high as compared with
    other braches of economy.

    And 60 percent of the products of Armenia's IT sector is used in the
    domestic market.

Working...
X