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By Smbat Grigoryan

Microenterprises and large (large-scale) companies are at the opposite poles of industry.

Individual entrepreneurs likewise are included in the enterprises.

In Armenia, the microenterprises are 14 times more than the “large” ones, whereas the ratio is just the opposite in terms of the volume of production. In the year past, the “large” ones produced 33 times more products than the “micro” ones in the country.

The issue, however, is not only in the volume of production; the domain of activity is also connected.

The vast majority—around 1,500, or 93 percent of the total—of Armenia’s microenterprises is engaged in the processing industry, and 500 of them are in the food industry. 

But it would be an apparent exaggeration to claim that there are no problems in this domain.

It is clear that small enterprises are more vulnerable than the large companies.

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