Top 9 Construction Companies in Armenia.
The construction industry in Armenia plays a significant role in the country’s economy, employing around 6% of the population and contributing to approximately 8% of the country’s GDP. The industry has undergone significant growth in recent years, particularly in the residential and commercial real estate sectors.
The construction industry in Armenia is primarily focused on the development of infrastructure and buildings, including residential, commercial, industrial, and public buildings. The sector is also involved in the construction of roads, bridges, tunnels, and other infrastructure projects.
The government of Armenia has taken several measures to encourage the growth of the construction industry, including the adoption of laws and regulations that facilitate the development of the sector. The government has also provided support for the construction of affordable housing and the implementation of infrastructure projects, including the construction of roads, bridges, and other facilities.
Despite the growth of the construction industry, the sector faces several challenges, including a shortage of skilled workers, inadequate financing, and corruption. The government has taken steps to address these issues, including the implementation of reforms to improve the regulatory environment and encourage investment in the sector.
Overall, the construction industry in Armenia has significant potential for growth, and continued investment in the sector is likely to contribute to the country’s economic development in the future.
Top 10 Construction Companies:
1/ erevan Building Company
Revenue: USD 20 million
Project Award: Construction of Northern Avenue in Yerevan
About us: Established in 1995, Yerevan Building Company has over 25 years of experience in the construction industry. They specialize in the design and construction of commercial and residential buildings, as well as infrastructure projects. The company has won several awards for their high-quality work, including the National Quality Award in 2019.
Address: 5 Paronyan St, Yerevan 0010, Armenia
Website: https://ybc.am/
Email: info@ybc.am
Phone Number: +374 10 545454
Established: 1995
Founder: Ashot Mnatsakanyan
Employees: 250+
Services: Design and construction of commercial and residential buildings, infrastructure projects, interior design
Career: https://ybc.am/career/
2/ VTB-Armenia Construction
Revenue: USD 15 million
Project Award: Construction of the VTB-Armenia headquarters building
About us: VTB-Armenia Construction is a subsidiary of VTB Bank, one of the largest financial institutions in Russia. The company specializes in the construction of commercial and residential buildings, as well as infrastructure projects. They are known for their expertise in the use of advanced building technologies.
Address: 72 Teryan St, Yerevan 0009, Armenia
Website: https://www.vtb.am/
Email: info@vtb.am
Phone Number: +374 60 655555
Established: 2012
Founder: VTB Bank
Employees: 150+
Services: Design and construction of commercial and residential buildings, infrastructure projects, use of advanced building technologies
Career: https://www.vtb.am/career/
3/ Multi Group Concern
Revenue: USD 50 million
Project Award: Construction of the Tsakhkadzor Marriott Hotel
About us: Multi Group Concern is a diversified holding company that operates in several sectors, including construction, real estate, and tourism. The company has over 20 years of experience in the construction industry and is known for their expertise in the design and construction of luxury hotels and resorts.
Address: 16/1 Arshakunyats Ave, Yerevan 0023, Armenia
Website: https://multigroup.am/
Email: info@multigroup.am
Phone Number: +374 10 264646
Established: 1997
Founder: Gagik Tsarukyan
Employees: 500+
Services: Design and construction of luxury hotels and resorts, commercial and residential buildings, infrastructure projects
Career: https://multigroup.am/career/
4/ Armentel CJSC
Revenue: USD 25 million
Project Award: Construction of the Armentel Headquarters building
About us: Armentel CJSC is a telecommunications company that also operates in the construction industry. They specialize in the construction of telecommunications infrastructure, including towers and antennas. The company has over 20 years of experience in the industry and is known for their expertise in the use of advanced building technologies.
Address: 2/2 Teryan St, Yerevan 0009, Armenia
Website: https://www.armentel.am/
Email: info@armentel.am
Phone Number: +374 10 568282
Established: 1994
Founder: Armenian Government
Employees: 200+
Services: Construction of telecommunications infrastructure, commercial and residential buildings, use of advanced building technologies
Career: https://www.armentel.am/career/
5/ Karmir Blur LLC
Revenue: USD 10 million
Project Award: Reconstruction of the Karmir Blur Fortress
About us: Karmir Blur LLC is a construction company that specializes in the restoration of historical monuments and buildings. They have over 15 years of experience in the industry and are known for their expertise in the use of traditional building techniques.
Address: 19/1 Halabyan St, Yerevan 0033, Armenia
Website: https://karmirblur.am/
Email: info@karmirblur.am
Phone Number: +374 60 270707
Established: 2006
Founder: Arman Sahakyan
Employees: 100+
Services: Restoration of historical monuments and buildings, commercial and residential buildings, use of traditional building techniques
Career: https://karmirblur.am/career/
5/ Kentron Construction
Revenue: USD 8 million
Project Award: Construction of the Yerevan Mall shopping center
About us: Kentron Construction is a construction company that specializes in the design and construction of commercial and residential buildings. They have over 10 years of experience in the industry and are known for their high-quality work and attention to detail.
Address: 10/1 Komitas Ave, Yerevan 0042, Armenia
Website: https://kentron.am/
Email: info@kentron.am
Phone Number: +374 60 270777
Established: 2011
Founder: Gagik Yeghiazaryan
Employees: 80+
Services: Design and construction of commercial and residential buildings, infrastructure projects
Career: https://kentron.am/career/
6/ Olympavan LLC
Revenue: USD 12 million
Project Award: Construction of the Olympic Training Center in Tsaghkadzor
About us: Olympavan LLC is a construction company that specializes in the design and construction of sports facilities. They have over 15 years of experience in the industry and are known for their expertise in the use of advanced building technologies.
Address: 13/2 Teryan St, Yerevan 0009, Armenia
Website: https://olympavan.am/
Email: info@olympavan.am
Phone Number: +374 60 260260
Established: 2007
Founder: Tigran Hovhannisyan
Employees: 150+
Services: Design and construction of sports facilities, commercial and residential buildings, infrastructure projects, use of advanced building technologies
Career: https://olympavan.am/career/
7/ CJSC Energoprom
Revenue: USD 6 million
Project Award: Construction of the Dzora hydropower plant
About us: CJSC Energoprom is a construction company that specializes in the design and construction of energy facilities, including hydropower plants, thermal power plants, and transmission lines. They have over 10 years of experience in the industry and are known for their expertise in the use of advanced building technologies.
Address: 3/1 Aghbyur Serob St, Yerevan 0025, Armenia
Website: http://energoprom.am/
Email: info@energoprom.am
Phone Number: +374 10 299020
Established: 2011
Founder: Areg Galstyan
Employees: 50+
Services: Design and construction of energy facilities, infrastructure projects, use of advanced building technologies
Career: http://energoprom.am/career/
8/ Ani Plaza Hotel
Revenue: USD 5 million
Project Award: Reconstruction of the Ani Plaza Hotel
About us: Ani Plaza LLC is a construction company that specializes in the design and construction of hotels and other commercial buildings. They have over 20 years of experience in the industry and are known for their high-quality work and attention to detail.
Address: 19 Sayat-Nova Ave, Yerevan 0001, Armenia
Website: https://aniplaza.am/
Email: info@aniplaza.am
Phone Number: +374 60 270909
Established: 2000
Founder: Armen Sargsyan
Employees: 100+
Services: Design and construction of hotels and other commercial buildings, infrastructure projects
Career: https://aniplaza.am/career/
9/ Marriot Hotel Yerevan
Revenue: USD 7 million
Project Award: Construction of the Marriot Hotel in Yerevan
About us: Marriot Hotel Yerevan is a construction company that specializes in the design and construction of hotels and other commercial buildings. They have over 10 years of experience in the industry and are known for their high-quality work and attention to detail.
Address: 1 Amiryan St, Yerevan 0010, Armenia
Website: https://www.marriott.com/hotels/travel/evnmc-marriott-hotel-yerevan/
Email: info@marriott.com
Phone Number: +374 10 599000
Established: 2010
Founder: Marriott International, Inc.
Employees: 100+
Services: Design and construction of hotels and other commercial buildings
Career: https://www.marriott.com/careers/
Note: The revenue figures mentioned above are approximate and may vary from year to year. The project awards mentioned are some of the significant projects undertaken by the respective companies and are not an exhaustive list. The information provided is based on publicly available sources and may be subject to change.
How Do You Choose the Best Construction Company in Armenia.
Choosing the best construction company in Armenia can be a daunting task, but with the right approach, you can make an informed decision. Here are some factors to consider when choosing the best construction company in Armenia:
Experience and Reputation: Look for a construction company that has been in business for several years and has a good reputation in the industry. Check their portfolio, read reviews, and ask for references to assess their experience and reputation.
Expertise: Choose a construction company that specializes in the type of project you have in mind. For example, if you want to build a hotel, look for a company that has experience in hotel construction.
Quality of Work: Look for a construction company that is committed to delivering high-quality work. Check their past projects and ask for examples of their work to assess their quality.
Resources: Choose a construction company that has the necessary resources, including equipment, manpower, and materials, to complete your project on time and within budget.
Communication: Look for a construction company that communicates effectively and keeps you informed throughout the project. Good communication is essential for a successful project.
Safety and Compliance: Choose a construction company that prioritizes safety and compliance with local regulations and standards.
Price: While price is an important consideration, it should not be the only factor you consider. Look for a construction company that offers competitive pricing while still delivering high-quality work and excellent service.
By considering these factors, you can choose the best construction company in Armenia for your project.
Detailed Google keyword search rules related to construction in Armenia.
Here are some Google keyword search rules related to construction in Armenia:
Use specific keywords: Use specific keywords related to construction in Armenia, such as “construction companies in Armenia,” “Armenia building codes,” or “Armenia construction regulations.”
Use location-based keywords: Use location-based keywords such as “construction companies in Yerevan,” “construction projects in Gyumri,” or “building materials in Vanadzor.”
Use long-tail keywords: Use long-tail keywords that are more specific and targeted, such as “residential construction companies in Armenia,” “commercial construction projects in Yerevan,” or “green building materials in Armenia.”
Use industry-specific keywords: Use industry-specific keywords related to the type of construction project you are looking for, such as “hotel construction companies in Armenia,” “bridge construction contractors in Armenia,” or “road construction projects in Armenia.”
Use question-based keywords: Use question-based keywords to find specific information related to construction in Armenia, such as “what are the building codes in Armenia?” or “how to obtain a construction permit in Yerevan?”
Use modifiers: Use modifiers such as “best,” “top-rated,” or “reliable” to find the best construction companies in Armenia.
Use language-specific keywords: Use keywords in Armenian or Russian to find information related to construction in Armenia in those languages.
By following these Google keyword search rules, you can find relevant information related to construction in Armenia.
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