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Galaxy Group is committed to actively promoting the development of the Armenian economy and has established partnerships with various business groups in Armenia and Europe. One of these partners is the French-Armenian Chamber of Commerce and Industry (CCI France Arménie-CCI), which was founded by Tigran Arakelyan. Galaxy Group is a co-founder and member of the board of directors of the Chamber. In 2022, Galaxy Group signed a memorandum of cooperation with the Chamber, marking the beginning of joint work.
“Over the past few years, we have successfully organized various business meetings, which increased investment interest from the European business community and facilitated the exchange of business management models. Our cooperation with the Franco-Armenian Chamber of Commerce and Industry has been fruitful and continues to yield positive results. We are about to launch new joint initiatives, in particular the ‘Economic Summit’ to be held in Paris this September, where Galaxy Group will be a main partner. This is of great significance not only for Galaxy, but also for the development of Armenian-European investment directions,” said Aram Khachatryan, co-founder and CEO of Galaxy Group.
The Franco-Armenian Chamber of Commerce and Industry is authorized by the French Ministry of Economy and has 151 member companies, including Pernod Ricard Armenia, Amundi-ACBA Asset Management, Renault, Arterail, ACBA Bank and PGM Precision, which have significant French capital. Galaxy Group’s collaboration with the Chamber focuses on introducing well-known French brands to the Armenian market.
“Our cooperation with Galaxy Group has contributed to the formation of business values and added a new dimension to the business culture of Armenia. Galaxy Group has rich resources and is a trustworthy partner. Our cooperation is stable, with many new joint projects, and I believe it sets an example for businesses that choose the European direction. In the near future, we plan to launch the CCI Investment Fund program, which will facilitate the entry of SMEs into the European, and in particular, French, markets. This, in turn, will greatly help numerous French brands to enter Armenia,” said Tigran Arakelyan, Chairman of the French-Armenian Chamber of Commerce and Industry.
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Galaxy Group It is one of the largest employers and taxpayers in Armenia. During its 20 years of operation, Galaxy has created and developed 15 enterprises in Armenia, Georgia and Belarus, ensuring their management and strategic development. Success factors of all companies are innovation in the industry, effective team involvement and a responsible business culture based on continuous learning.
French-Armenian Chamber of Commerce and Industry The Chamber is dedicated to promoting economic relations between France and Armenia, encouraging French companies to establish operations in Armenia and developing the international potential of Armenian companies. For 13 years, the Chamber has been leading and strengthening the French-Armenian business community, helping French companies to maximize the opportunities offered by the Armenian market and supporting Armenian companies to expand their operations in Europe.
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