ContourGlobal Hydro Cascade CJSC

, ,



Joined

September 7, 2015


Membership Type

GOLD

ContourGlobal Hydro Cascade CJSC


ContourGlobal was founded in 2005 by current President and CEO Joseph Brandt, along with Reservoir Capital Group, a New York-based investment fund. Today, the company is uniquely positioned to continue its expansion through various ongoing growth projects.

CG is a developer and operator of electric power and district heating businesses. CG manages, owns and operates an existing portfolio of 101 power plants with approximately 4,317 megawatts (“MW”) of installed gross capacity in operation or under construction, which makes up our total installed gross portfolio capacity. The current portfolio spans 18 countries and 3 continents with a weighted average sovereign rating of BBB (weighted by capacity), utilizing a wide range of fuel types, technology and equipment. CG currently portfolio has 101 Thermal and Renewable power generation assets operating with a combined installed gross capacity of approximately 4,300 MW.

In July 2015, ContourGlobal Hydro Cascade CJSC, the local CG subsidiary, acquired Vorotan Complex of Hydroelectric Power Stations CJSC.

Vorotan Complex of Hydroelectric Power Stations (CHPS) is a complex of three hydroelectric power stations with an overall capacity of 404.2 MW and an average annual power generation of 1.11 billion kWh. The Vorotan Cascade is among the main power generation complexes in Armenia, providing both peak and baseload generation, and performing grid stabilization services. The complex is located in the eastern part of the Syunik region of the Republic of Armenia, some 240 km to the South-East of Yerevan. The Cascade has a total head of 1,335 m. The design of the Vorotan CHPS began in 1954, construction started in 1961. In 1970 the first power station, Tatev HPP, was put into operation, followed by Shamb HPP in 1978 and Spandaryan HPP in 1989. From mid-2018 to the end of 2020, CGHC started an electromechanical refurbishment program in the three power plants with seven units for turbines, generators, auxiliary systems, transformers, protection & control systems, switchgear equipment, and auxiliary electrical systems. The works are performed in parallel with the continuous operation of all three plants.

General Manager

Ara Hovsepyan


Contact


/by

Filuet Armenia CJSC

, , , , ,

Filuet Armenia


Joined

March 5, 2015


Membership Type

Regular

Filuet Armenia CJSC


Filuet Group, formed in 1992, is privately owned, specialist contract logistics service provider. Our specialism derives not only from the range of services that are provided but also from the type of client that we serve.

Over the years, Filuet Group has built up a thorough understanding of the Direct Selling world and developed long standing trading relationship with some of the worlds’ largest Direct Selling Corporation.

Filuet Armenia was founded in 2011 and started its operations and its business co-operation with Herbalife in 2012. Our company is a legal entity, acting in full compliance with Armenian legislation. Our Sales Center is located in Yerevan, which as a pioneer proudly carries Herbalife corporate culture and traditions in Armenia.

Herbalife is a global nutrition company that sells its weight management, targeted nutrition and personal care products exclusively to and through dedicated Independent Herbalife Members in over 90 countries. The company, has over 7,800 employees worldwide and its shares are traded on the New York Stock Exchange (NYSE: HLF)  with net sales of $5 billion in 2014. Herbalife is committed to helping fight obesity and poor eating habits by offering high-quality products, personal high-touch coaching, and a social environment that inspires customers to eat better, maintain a healthy weight, and pursue a healthy, active lifestyle.

Director

Konstantin Kryganov


Contact


  • (+374 10) 320 275/265
  • 10 Hrachya Kochar str., premises 45, Yerevan 0033, Armenia
  • +374 10 274 975

/by

Cisco Systems Inc.

, , , ,

Cisco


Joined

February 2, 2015


Membership Type

Regular

Cisco Systems Inc.


Cisco Systems, Inc. (known as Cisco) is an American multinational technology corporation headquartered in San José, California that develops, manufactures, and sells networking hardware, telecommunications equipment, and other high-technology services and products.

Cisco is the largest networking company in the world. The stock (NASDAQ: CSCO) was added to the Dow Jones Industrial Average and is also included in the S&P 500 Index, the Russell 1000 Index, NASDAQ-100 Index and the Russell 1000 Growth Stock Index. More specific information about Cisco can be found at www.cisco.com.

Executive Director

Hayk Adamyan


Contact


/by

Avenue Consulting Group LLC

, ,



Joined

November 27, 2014


Membership Type

Associate

Avenue Consulting Group LLC


Avenue Consulting Group is a professional service company led by well recognized and experienced consultants.  We provide strategic and operational management consulting, legal and tax, marketing and branding, accounting and financial management advisory services perfected to support continuous growth and development of our clients. We bring together deep industry knowledge and distinctive management skills to provide cutting edge solutions for our clients. The services we provide are flavored with core values of Avenue Consulting Group: Integrity, Impartiality and Partnership.

The company joins the efforts of three partners, which are well recognized and experienced consultants with more than 40 years of aggregated experience in consulting industry. The Partners of the Company envisage aggressive market penetration offering high quality services both for local businesses, government and foreign investors.

Avenue Consulting Group team gathers highly professional legal and management reputable consultants with extensive experience in delivering knowledge-based and innovative solutions to topnotch clients. Our team concentrates diverse skills and long years of top management consulting able to deliver complex and comprehensive solutions to its clients. Our three consulting teams gather experienced and knowledgeable people who bring benefits of their professionalism to our clients.

Our focus industries:

  • Agriculture and Agribusiness
  • Construction and Real Estate
  • Energy and Water
  • Renewable Energy and Energy Efficiency
  • Food and Beverage
  • Tourism and Hospitality
  • Information Technologies and Telecommunication
  • Institutional Capacity Building
  • Judiciary
  • Labor and Employment Affairs
  • Manufacturing
  • Mining
  • Monitoring and Evaluation
  • Public Administration and Good Governance
  • Public Finance Management
  • Public-private partnership
  • SME Development
  • Trade
  • Transport and Logistics

Executive Director

Tigran Grigoryan


Contact


/by

Logicon Development LLC

, , , , ,

LOGICON


Joined

November 13, 2014


Membership Type

Associate

Logicon Development LLC


Logicon Development specialized consulting company providing qualified assistance to small and medium enterprises. Its renders professional advisory services and demonstrates personalized attention to operating and start-up businesses in conducting their activities in diverse and challenging economic environment.

We give a hand to enterprises by conducting trainings and advisory and by implementing projects intended to improve and stimulate their business. Our experts will help you by offering deep knowledge in international and local audit and accounting, financial management, business consulting, corporate finance and taxation, as well as international and local legal aspects. Our professional services include but not limited to: trainings for start-up entrepreneurs, research and development, business plans development and project management in different industries and fields of RA economy.

Logicon Development has an extensive experience of cooperation with almost 300 local and international private companies, government agencies and non-governmental organizations, such as World Bank, European Bank for Reconstruction and Development, Eurasia Foundation, UNDP Armenia, SME DNC of Armenia Fund, OSCE office in Yerevan, and many others.

We are committed to providing partner-led, personal services and high professional standards dedicated to the needs of public sector and growth-oriented business.

Logicon Development tries to continuously refine and enlarge the scope of rendering services. By strictly following the principles of client-oriented confidentiality and objectivity the company provides services which can be integrated in the following groups:

Accounting
Audit
Legal Advice
Training
Business Advice
Logistics

Director

Mr. Vahe Petrosyan


Contact


/by

Deloitte Armenia CJSC

, , , , ,

Deloitte


Joined

October 23, 2013


Membership Type

Associate

Deloitte Armenia CJSC


Deloitte CIS is pleased to announce the official opening of a new office in Yerevan. It is the firm’s 18 officeacross 11 countries in the region. Deloitte has operated in the CIS for over 20 years and currently employs over 2,500 people. We made the strategic decision to open an office in Yerevan to boost our long-running relationships with local companies and to tap into the republic’s economic development.

The Deloitte global network, with over 200,000 professionals and gross revenues of US$32.4 billionfor FY13, was recognized as the number one professional services firmin the world in 2012. We help clients respond to complex and changing markets. The value we offer our clients comes through combining our strong technical skills across many disciplines, our thorough knowledge of the industry and our global network. Deloitte provides auditing services to or has significant relationships with 79 percent of the 2012 Fortune Global 500® companies. Our overall penetration of the 2012 FG500® by industry ranges from 63-93 percent, with half the industries at around 80 percent.

Consumer Business

Deloitte serves 75 companies or 81% of the 93 FG500® CB companies.

Energy & Resources

Deloitte serves 66 companies or 63% of the 104 FG500® E&R companies.

Financial Services

Deloitte serves 98 companies or 86% of the 114 FG500® FSI companies.

Life Sciences & Health Care

Deloitte serves 21 companies or 81% of the 93 FG500® LSHC companies.

Manufacturing

Deloitte serves 86 companies or 80% of the 108 FG500® MFG companies.

Technology, Media & Telecommunications

Deloitte serves 51 companies or 93% of the 55 FG500® TMT companies.

Director

Srbuhi Hakobyan





Contact


/by

Fora Premium LLC

, , , , ,

FORA



Joined

September 23, 2013


Membership Type

Silver

Fora LLC


FORA Company was founded in 2004 as a representative of famous FORD Motor Company dealing with import, sales and after-sales services of renowned FORD vehicles in Armenia. FORA Company during almost 10 years of successful operation has created a reputation of a company, which proved to be a reliable partner with long-term vision and has established a strong network by stabile and consistent cooperation with all key sectors of Armenian society.

FORA LLC cooperates with business and private sectors and government by ensuring individual & professional approach to each customer and business partner. The Company values and appreciates its customers. Being open and confident, FORA LLC provides the best solutions and most suitable options to support businesses of all partners. By having agreements with almost all banks and insurance companies of Armenia, the Company offers both retail and wholesale options.

The Company imports large variety of model range of world-known FORD brand – from Focus to Kuga, from Fiesta to Explorer, from Transit to Tourneo, thus addressing all needs of individual & corporate partners on the highest level.

The best proof of FORA’s effective performance and high quality of services is also the fact of becoming an exclusive and official representative of LAND ROVER brand just a year after being established. Since 2005 the import, sales and after-sales services of Land Rover/Range Rover luxury vehicles are managed in FORA Showroom and Service station – one of the best in Armenia.

Since 2007 FORA LLC officially represents world-famous VOLVO CARS of Sweden as well as SIXT rent a car of Germany- the most prestigious car rental company in all of Europe – and the world. At this point SIXT Armenia provides premium level rent-a-car services in 3 offices located in Zvartnots International Airport, downtown Yerevan, and in Marriott hotel Tsaghkadzor – well-known town and favorite ski resort in Armenia. There is a huge tourism potential in Armenia and SIXT has its own role in revealing tourism opportunities in Armenia by offering various vehicles with the main goal of addressing all travel needs of customers.

Currently internationally known 4 brands – FORD, LAND ROVER, VOLVO, and SIXT operate under the FORA umbrella and provide high-level and professional services to customers in FORA showroom which is one of the biggest showrooms not only in Armenia, but also in the Caucasus region. FORA LLC has registered significant achievements during almost 10 years of operation, and there is more to be achieved in the future.

General Manager, Co-owner

Tigran Arakelyan


Contact


/by

Pepsi-Cola Bottler Armenia

, , , , ,

PEPSI


Joined

June 21, 2013


Membership Type

Regular

Pepsi-Cola Bottler Armenia


JERMUK INTERNATIONAL PEPSI-COLA BOTTLER LLC is one of the most significant companies within the fast-moving consumer goods (FMCG) industry in Armenia and is the franchise partner of PepsiCo, the leader in convenient snacks, food and beverage categories worldwide.

The partnership with PepsiCo started in 2010, with the construction of a new modernized factory equipped with the latest European technology. And starting from June 2011, JERMUK INTERNATIONAL PEPSI-COLA BOTTLER LLC has been producing PepsiCo sparkling beverage brands – Pepsi, Mirinda, 7UP, Aquafina, based on a commitment to the superior quality, great taste and convenience that are expected from the line of PepsiCo brands.

At the moment, the company is present in four separate categories of the Armenian market, which include a sparkling beverage, snacks (Lay’s, X-team, Doritos), juice (J7, Lyubimiy), and ice tea (Lipton).And this year marks the launch of a new Tetra-pack line for the production of PepsiCo natural juice brands.

Since the first day of operation, JERMUK INTERNATIONAL PEPSI-COLA BOTTLER LLC has been moving forward led by the most important core direction – customer satisfaction through a high quality of service and products.

The company has a strong business plan to continue to expand its product portfolio with an expanded line-up of convenience foods and drinks that provide great taste and enjoyment all year round. This is the company’s key strategy – PROVIDING PEOPLE WITH MORE & MORE CHOICES.

General Manager

Mr. Gurgen Narimanyan


Contact


/by

Armenia Tree Project Charitable Foundation (ATP)

, ,

ATP


Joined

June 21, 2013


Membership Type

Associate

Armenia Tree Project Charitable Foundation (ATP)


Armenia Tree Project Charitable Foundation (ATP) was founded in 1994 to advance Armenia’s development through community-based tree planting and environmental education, guided by a vision of a secure and independent Armenia. A non-profit program with offices in Yerevan and Watertown, Massachusetts, ATP conducts vitally important environmental projects in Armenia’s impoverished and deforested zones.

Since its inception, ATP has planted or restored more than 4 million trees throughout Armenia and Artsakh. ATP provides meaningful employment to its full-time nursery staff and to hundreds of seasonal employees involved in tree planting and maintenance. We propagate trees at our three nurseries (in Karin, Khachpar, and Margahovit) with more than 600,000 seedlings under cultivation, plant them in communities and forests, conduct environmental education at our education centers in Karin and Margahovit, train Armenia’s teachers, and lead advocacy and community development efforts.

Our goal is to assist the Armenian people in using trees to improve their standard of living and protect the global environment. In so doing, we are guided by the need to promote self-sufficiency, aid those with the fewest resources first, and conserve the indigenous ecosystem. Trees, sustainably managed, deliver a steady bounty of tangible benefits like fruit, shade, and medicine. They protect against erosion, clean the air, safeguard water supplies, and support a wondrous array of animal and plant life.

Armenia faces environmental and demographic threats, and our programs are designed to overcome these threats by:

  • Providing meaningful employment to dozens of people each year
  • Planting decorative and fruit trees which protect against erosion, clean the air, provide shade, and produce tons of fruit each year to benefit more than 350 communities
  • Reforesting hundreds of acres of community land to restore Armenia’s historic forest cover
  • Educating adults and schoolchildren about Armenia’s environment
  • Developing a pilot project for community/sustainable forest management
  • Advocating for sustainable development that accounts for vital environmental, social, and economic issues

For more information please visit the following link: https://www.armeniatree.org/en/

Director

Ms. Lucineh Kassarjian


Contact


/by

Amber Capital Armenia CJSC

, , ,

Amber Capital


Joined

June 21, 2013


Membership Type

Regular

Amber Capital Armenia CJSC


Amber Capital Armenia CJSC is an investment advisor specializing in private equity investments in the republic of Armenia. The company has launched and acts as an advisor to EU-Armenia SME Fund SCSp, the first institutional private equity fund in Armenia. The Fund’s investor base comprises international finance institutions, family offices and other institutional investors.

The Fund’s primary targets are SMEs, as defined by the European Commission, who require growth equity capital. Amber Capital Armenia employs a combination of bottom-up and top-down fundamental analysis to identify attractive investment opportunities with a primary target of funding expansion projects, balance sheet optimization, introduction of best-in-class corporate governance standards and enhancement of operational efficiencies.

Whilst the Fund is generally sector-agnostic, main sectors of interest comprise manufacturing, high-tech agriculture, IT, textiles, pharma & healthcare, horeca and tourism.

CEO

Anushavan Simonyan


Contact


  • (+374) 60 440 118
  • 10 V. Sargsyan st, Piazza Grande Yerevan 0010, Armenia

/by