Armenian industrialists have agreed number of agreements at INNOPROM-2023 exhibition in Yekaterinburg

ArmInfo. Armenian enterprises -  participants of the INNOPROM- 2023 industrial exhibition-forum held a  number of business meetings, as a result of which preliminary  agreements on further cooperation were reached. This was reported by  the press service of the Ministry of Economy of Armenia.

In particular, the Minister of Economy Vahan Kerobyan and his deputy  Narek Teryan also took part in the INNOPROM-2023 exhibition, which  takes place from on 10 -13 in Yekaterinburg on the theme:   "Sustainable production: renewal strategies".

According to the source, Vahan Kerobyan noted that the reforms aimed  at improving the business environment, which have been carried out  over the past 5 years, are yielding results today. In this regard, he  said that 4 IT companies were established in Armenia, the total  capitalization of which reached $1 billion. 

"Last year, 12,000 companies were opened in Armenia, the volume of  foreign direct investment reached $1 billion, which is more than 5%  of GDP," he stressed. 

It should be noted that INNOPROM is an international industrial  exhibition in Russia, which has been held in Yekaterinburg annually  since 2010.  The business program of the INNOPROM-2023 exhibition is  extensive and includes, in addition to the strategic session, a  number of different events divided into thematic tracks: new  mobility, international cooperation, digital production, new  industrial technologies, industrial IT, industry financing,  educational solutions for industry, etc.

The exhibition is attended by Russian and foreign companies  presenting their innovative developments and projects. The forum is  held in the form of plenary sessions, round tables, business meetings  and negotiations, discussions, presentation sessions, master classes,  in which businessmen, experts, scientists and politicians from Russia  and abroad take part.

About 60 representatives of Russian regions, more than 40 thousand  representatives of industrial enterprises and dealer companies are  expected to participate.