Industry Breakdown of Companies
in Armenia
Explore more than 3,670 Armenia-based companies available in the HitHorizons database and see top industries and biggest players with highest sales and number of employees.
According to our database, a total of more than 3,670 businesses are registered in Armenia . That represents 0.01% of all companies available in the HitHorizons database. These Armenia-based companies have a share of 0.02% of all sales generated by EU-based businesses and employ 0.05% of all EU employees.
Armenia: TOP Industries
According to our database, the industry with the highest number of companies registered is Services (1,958 companies in total), followed by Wholesale Trade (527) and Manufacturing (421).
Armenia: TOP Industries 3,670 registered companies
| Industry, Number of Companies | Number of Companies |
Market Share | ||
|---|---|---|---|---|
| Services 1,958 53.4% | 1,958 | 53.4% | ||
| Wholesale Trade 527 14.4% | 527 | 14.4% | ||
| Manufacturing 421 11.5% | 421 | 11.5% | ||
| Transportation, Communications, Electric, Gas, and Sanitary Services 217 5.9% | 217 | 5.9% | ||
| Retail Trade 187 5.1% | 187 | 5.1% | ||
| Construction 120 3.3% | 120 | 3.3% | ||
| Finance, Insurance, and Real Estate 83 2.3% | 83 | 2.3% | ||
| Public Sector 77 2.1% | 77 | 2.1% | ||
| Unknown industry 33 0.9% | 33 | 0.9% | ||
| Agriculture, Forestry, and Fishing 27 0.7% | 27 | 0.7% | ||
| Mining 20 0.5% | 20 | 0.5% |
Armenia: Breakdown of companies by SIC Code
The Standard Industrial Classification (SIC Code) is used to assign companies to specific industries. According to our database, the top 3 SIC Codes for Armenia are Business services (17.28%), Prepackaged software services (7.79%) and Services-misc (5.45%).
Armenia: Breakdown of Companies by SIC Code 3,670 registered companies
Armenia: TOP 10 companies with highest sales
According to our database, companies registered in the Armenia generated € 18,366,094,435 in sales, which represents 0.02% of all sales generated by companies available in the HitHorizons database.
Armenia: TOP 10 companies with highest sales 3,670 registered companies
| Company Name, Sales & Share | Sales | Market Share | ||
|---|---|---|---|---|
| 1. | Grand Holding LLC € 1.496B 8.14% | € 1.496B | 8.14% | |
| 2. | Zangezur Copper Molybdenum Combine, CJSC € 745.2M 4.06% | € 745.2M | 4.06% | |
| 3. | SIL GROUP LIMITED LIABILITY COMPANY € 640.9M 3.49% | € 640.9M | 3.49% | |
| 4. | Gazprom Armenia, CJSC € 544.6M 2.97% | € 544.6M | 2.97% | |
| 5. | Electric Networks of Armenia, CJSC € 419.4M 2.28% | € 419.4M | 2.28% | |
| 6. | Vanadzor Sewing Factory Gloria, LLC € 302.5M 1.65% | € 302.5M | 1.65% | |
| 7. | AIRUMSKIY CANNERY € 283.0M 1.54% | € 283.0M | 1.54% | |
| 8. | Shogakn Zavod ZAO € 240.5M 1.31% | € 240.5M | 1.31% | |
| 9. | GRAND TOBACCO, LLC € 222.2M 1.21% | € 222.2M | 1.21% | |
| 10. | Yerevan Thermal Power Centre CJSC € 205.3M 1.12% | € 205.3M | 1.12% | |
| Total Sales of the TOP 10 Companies | € 5.099B | 27.77% |
Armenia: Top 10 Companies with Highest Number of Employees
According to our database, companies registered in the UK employ 197,855 people, which represents 0.05% of all people employed by companies available in the HitHorizons database. The company with the highest number of employees is Grand Holding LLC (8,000), followed by Electric Networks of Armenia, CJSC (7,000) and SIL GROUP LIMITED LIABILITY COMPANY (6,500).
Armenia: Top 10 Companies with Highest Number of Employees 3,670 registered companies
| Company Name, Employees & Share | Number of Employees | Market Share | ||
|---|---|---|---|---|
| 1. | Grand Holding LLC 8,000 4.04% | 8,000 | 4.04% | |
| 2. | Electric Networks of Armenia, CJSC 7,000 3.54% | 7,000 | 3.54% | |
| 3. | SIL GROUP LIMITED LIABILITY COMPANY 6,500 3.29% | 6,500 | 3.29% | |
| 4. | CITY, LLC 4,557 2.3% | 4,557 | 2.3% | |
| 5. | SOFT CONSTRUCT CJSC 3,846 1.94% | 3,846 | 1.94% | |
| 6. | GRAND KENDI, LLC 3,500 1.77% | 3,500 | 1.77% | |
| 7. | Zangezur Copper Molybdenum Combine, CJSC 3,000 1.52% | 3,000 | 1.52% | |
| 8. | Yerevan State Medical University after Mkhitar Heratsi 3,000 1.52% | 3,000 | 1.52% | |
| 9. | Nairit Zavod ZAO 3,000 1.52% | 3,000 | 1.52% | |
| 10. | Yerevan State University 2,820 1.43% | 2,820 | 1.43% | |
| Total Number of Employees of the TOP 10 Companies | 45,223 | 22.86% |
