Republican Party of Armenia

On the sidelines of the ongoing Armenian-German business forum, Prime Minister Tigran Sargsyan met with Oracle Ltd Vice President Alan Blank in Frankfurt to discuss the possibility of Oracle’s involvement in Armenia’s IT sector.

The company was introduced to a number of projects of mutual interest: free economic zone, Gyumri technopark, educational projects.

Stressing that his company is interested in coming to Armenia, Alan Blank said they are well aware of the ongoing projects and local software companies.

As a leading European IT market operator, Oracle is well-known for its innovative approaches and numerous achievements in the field of information databases and electronic information.

During another meeting Armenian Lori Castle LLC signed an agreement with VOITH Hido GMBH and Co, Sparks Bank and Commit Group on the financing of “Lori Berd HPP” project.