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.

Current Country: Armenia 3,670 (0.0%)
Largest Country: United Kingdom 6,843,326 (14.9%)
Total Number of Companies in Europe 45,886,110

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).

This TOP 10 list was generated automatically using the latest data from the HitHorizons database. Search through the whole HitHorizons database using filtering criteria relevant for your search and get more data and insights on specific countries, industries, or segments with HitHorizons Screener.

Armenia: TOP Industries 3,670 registered companies

  Industry, Number of Companies Number of
Companies
Services 1,958 53.4% 1,958
Wholesale Trade 527 14.4% 527
Manufacturing 421 11.5% 421
Transportation, Communications, Electric, Gas, and Sanitary Services 217 5.9% 217
Retail Trade 187 5.1% 187
Construction 120 3.3% 120
Finance, Insurance, and Real Estate 83 2.3% 83
Public Sector 77 2.1% 77
Unknown industry 33 0.9% 33
Agriculture, Forestry, and Fishing 27 0.7% 27
Mining 20 0.5% 20

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%).

This breakdown was generated automarically using the latest data from the HitHorizons database. Search through the whole HitHorizons database using filtering criteria relevant for your search and find companies leading within individual SIC Codes, SIC Code distribution among individual countries, or SIC Code breakdowns within other industries using HitHorizons Screener.

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.

This TOP 10 list of companies operating in Armenia was generated automatically using the latest data from the HitHorizons database. Search through the whole HitHorizons database using filtering criteria relevant for your search and get more data and insights on specific countries, industries, or segments with HitHorizons Screener.

Armenia: TOP 10 companies with highest sales 3,670 registered companies

  Company Name, Sales & Share Sales
1. Grand Holding LLC € 1.496B 8.14% € 1.496B
2. Zangezur Copper Molybdenum Combine, CJSC € 745.2M 4.06% € 745.2M
3. SIL GROUP LIMITED LIABILITY COMPANY € 640.9M 3.49% € 640.9M
4. Gazprom Armenia, CJSC € 544.6M 2.97% € 544.6M
5. Electric Networks of Armenia, CJSC € 419.4M 2.28% € 419.4M
6. Vanadzor Sewing Factory Gloria, LLC € 302.5M 1.65% € 302.5M
7. AIRUMSKIY CANNERY € 283.0M 1.54% € 283.0M
8. Shogakn Zavod ZAO € 240.5M 1.31% € 240.5M
9. GRAND TOBACCO, LLC € 222.2M 1.21% € 222.2M
10. Yerevan Thermal Power Centre CJSC € 205.3M 1.12% € 205.3M
Total Sales of the TOP 10 Companies € 5.099B

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).

This TOP 10 list of companies with the highest number of employees was generated automatically using the latest data from the HitHorizons database. Search through the whole HitHorizons database using filtering criteria relevant for your search and get more data and insights on specific countries, industries, or segments with HitHorizons Screener.

Armenia: Top 10 Companies with Highest Number of Employees 3,670 registered companies

  Company Name, Employees & Share Number of Employees
1. Grand Holding LLC 8,000 4.04% 8,000
2. Electric Networks of Armenia, CJSC 7,000 3.54% 7,000
3. SIL GROUP LIMITED LIABILITY COMPANY 6,500 3.29% 6,500
4. CITY, LLC 4,557 2.3% 4,557
5. SOFT CONSTRUCT CJSC 3,846 1.94% 3,846
6. GRAND KENDI, LLC 3,500 1.77% 3,500
7. Zangezur Copper Molybdenum Combine, CJSC 3,000 1.52% 3,000
8. Yerevan State Medical University after Mkhitar Heratsi 3,000 1.52% 3,000
9. Nairit Zavod ZAO 3,000 1.52% 3,000
10. Yerevan State University 2,820 1.43% 2,820
Total Number of Employees of the TOP 10 Companies 45,223
The HitHorizons database covers companies registered in 60 countries (including the whole Europe). To ensure consistency of data across countries we removed proprietorships (self-employed individuals) and branches of foreign entities from the data included in our statistics. The last update of company data was on 7/1/2023.

View Statistics for Other Countries

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