Finance
The Evolution company, with a capitalization of 18 billion USD, was officially opened in Armenia
RA Minister of Economy Vahan Kerobyan informs that the Swedish company Evolution, which has a capitalization of about 18 billion US dollars, was officially opened in Armenia today.
"Today, Evolution, a company listed on the Stockholm Stock Exchange with a capitalization of about 200 billion Swedish kroner (about 18 billion US dollars), was officially opened in Armenia, which I told you about 1.5 years ago. The company already has more than 200 employees and plans to increase it to 1000 next year.
In the pictures: are the CEO of the company Martin Karlsund, the Ambassador of Sweden to Armenia, Patrick Svensson, the head of the Armenian business of the company, and me.
The Ministry of Economy and "Enterprise Armenia" focus on bringing large international companies to Armenia because it is not only a significant foreign direct investment but also new technologies and work culture, new investments in research, human capital, and many other related benefits. Which are not so evident in the case of other companies," the minister wrote on his Facebook page.
