Turnover of SCDM risk-assessing company €6 million in 2015
29.06.2016,
13:40
The turnover of SCDM, a company that assesses risks for investors, amounted to €6 million and profits to €2 million in 2015, Vahe Andonians, SCDM managing partner, said Tuesday at the opening of the company’s office in Yerevan.
YEREVAN, June 29. /ARKA/. The turnover of SCDM, a company that assesses risks for investors, amounted to €6 million and profits to €2 million in 2015, Vahe Andonians, SCDM managing partner, said Tuesday at the opening of the company’s office in Yerevan.
He said the company provides services to banks and insurance companies. In his words, the company’s clients work in Europe, mostly in Germany, but it also works with American and Japanese companies.
Speaking about the decision of opening an office in Yerevan, Andonians said the company managers have chosen Armenia from several countries, since in this very country they have found the most favorable environment for doing business.
Only two persons worked for SCDM initially, he said, while now 160 people are working, and the number is planned to be increase to 200 this year.
SCDM was established in 2003. In 2012, the company was partially acquired by Frankfurt School of Finance & Management and it opened its head office in Frankfurt. Today SCDM is a flagship company at European market. --0---
He said the company provides services to banks and insurance companies. In his words, the company’s clients work in Europe, mostly in Germany, but it also works with American and Japanese companies.
Speaking about the decision of opening an office in Yerevan, Andonians said the company managers have chosen Armenia from several countries, since in this very country they have found the most favorable environment for doing business.
Only two persons worked for SCDM initially, he said, while now 160 people are working, and the number is planned to be increase to 200 this year.
SCDM was established in 2003. In 2012, the company was partially acquired by Frankfurt School of Finance & Management and it opened its head office in Frankfurt. Today SCDM is a flagship company at European market. --0---
