Armenia rates second in 'super growth' companies indexMarch 31, 2007 - 14:59 AMT PanARMENIAN.Net - The U.S. tops the Grant Thornton International Super Growth Index for the third year running. 44% of US companies hit 'super growth' status, an increase of 5% over the previous year. The Index measures the country with the highest proportion of "super growth" companies.This year Armenia (38%) has replaced India in second position. 'Super growth' companies are defined as those which have grown considerably more than average. To identify 'super growth' companies, Experian Business Strategies, the economics consultancy, took four key indicators to create a weighted index. The four indicators were: absolute growth in turnover (adjusted for inflation); the percentage growth in turnover (adjusted for inflation); absolute growth in employee numbers; the percentage growth in employee numbers. By this measure, 23% of all privately held businesses surveyed worldwide are classified as 'super growth'. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |