Economy of Yerevan

include chemicals, primary metals, machinery, rubber products, plastics, textiles, alcoholic beverages and processed food. Even though the economic crisis of the 90s ravaged the industry of the country, several factories remain always in service, notably in the petrochemical and the aluminium sectors. Not only is Yerevan the headquarters of major Armenian companies, but of international ones as well, as it's seen as an attractive outsourcing location for Western European, Russian and American multinationals. Yerevan is also the country's financial hub, home to the Central Bank of Armenia, the Armenian Stock Exchange (NASDAQ OMX Armenia), as well as some of the country's largest commercial banks.

Armenian beverages, especially the Armenian cognac and beer have a worldwide fame. Hence, Yerevan is home to many leading enterprises of Armenia and the Caucasus for the production of alcoholic beverages, such as Yerevan Brandy Company, Yerevan Ararat Wine Factory, Yerevan Kilikia Beer Company and Yerevan Champagne Wines Factory.

Yerevan is also home to other giant industrial and international plants: Nairit chemical and rubber plant, ArmRosGazProm a subsidiary of Russian giants Gazprom, RUSAL ARMENAL aluminium foil mill and Cigaronne company for tobacco products.