Darbinian Hails KPMG Expansion in Armenia

YEREVAN (RFE/RL)–Prime Minister Armen Darbinian told on Tuesday senior executives from Britain’s KPMG International–a leading consulting firm in the world–that his government will welcome an expansion of the company’s operations in Armenia.

"The prime minister highly assessed the authoritative company’s involvement in Armenia’s investment policy process and expressed the government’s support for a further expansion of the KPMG’s Yerevan office and programs–proposed by the company," the government’s press service reported.

Darbinian spoke at a meeting with a KPMG delegation led by Richard Glasspool–a top company manager in charge of former Soviet republics. Glasspool was quoted by the press service as saying that the company will increasingly concentrate on providing foreign investors–interested in Armenia–with consulting and legal services.

The KPMG has been present in Armenia’since 1996 and largely dealt with the financial audit of companies operating there. The company was among participants of an international business forum on investment opportunities in Armenia–held in Amsterdam last month.

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