Minister: Swedish IT firm to create 1000 jobs in Armenia in 2021February 10, 2021 - 15:59 AMT PanARMENIAN.Net - A Swedish IT firm with a market capitalization of $20-22 billion is planning to create more than 1000 jobs in Armenia in 2021, Economy Minister Vahan Kerobyan said Tuesday, February 9, without naming the company. In an interview with Shant TV, Kerobyan said the company is among the biggest ones in its field, having already established branches in Georgia and a number of other countries. The Minister said pursuing the right policy with investors is key, given that they are often "pushed off" on many levels of the public administration system. According to him, a number of European and American companies are in the process of investing in Armenia. Prime Minister Nikol Pashinyan said earlier that the turnover of companies in the field of information technologies in Armenia grew by 20% to reach $400 million. The Armenian PM also noted that the sphere of advanced and digital technologies is the fastest growing sector of economy in the country. In 2020, he added, the number of employees in that industry increased by 22%. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |