Taxpayers in Armenia

Taxes collected by the STS from 300 largest taxpayers during January-March 2005

Rank	Taxpayer	Total Taxes collected*, million USDs
1	Zangezur Copper Plant	12.39
2	Armrusgasard	6.70
3	Armenia Telephone Company	4.58
4	Grand Tobacco	3.11
5	Armenian Electriicity Network	3.01
6	NPP (Nuclear Power Plant)	2.04
7	Irrigation	1.99
8	Vorotan Water Plant	1.10
9	International Masis Tobacco	0.98
10	Avshary Winery	0.87
11	Hrazdan Energy Company	0.79
12	High-Voltage Network	0.67
13	Transgas	0.64
14	Yerevan Shampaign Factory	0.51
15	Yerevan Cognac Factory	0.47
16	Vedi-Alco	0.47
17	Armenian Railways	0.43
18	Agarak Copper Plant	0.38
19	Armenian Molibdenum Production	0.35
20	Erebuni Alco	0.35
21	Armsavingbank	0.34
22	Pure Iron Plant	0.32
23	Armenian International Airlines	0.29
24	Coca-Cola Hellenic Bottling Company	0.27
25	YERAZ	0.27
26	Fleetfood	0.26
27	PIU Yerevan Development	0.22
28	Ardshininvestbank	0.22
29	Multi-Leon	0.21
30	Anelikbank	0.21
31	ACBA bank	0.21
32	Armeconombank	0.20
33	Andranik & Harutiun Co	0.19
34	JSC Yerevantrans	0.18
35	Ararat Gold Company	0.18
36	Raphael-Tatev	0.18
37	Avers	0.16
38	Flash	0.16
39	Conversebank	0.16
40	Armnian Television Network	0.15
41	Avan Salt Factory	0.15
42	Teleplas	0.15
43	Ineco	0.15
44	Yerevan Brewery	0.14
45	Argame	0.14
46	Proshian Cognac factory	0.14
47	HSBC	0.14
48	Gino-Lend	0.13
49	Arabkir Alco	0.12
50	Armenian Copper Program	0.12
51	Hrazdan Sport and Concert Center	0.11
52	Exim Petrol Group	0.11
53	Armcapal	0.11
54	Elit group	0.11
55	Zep-Zepiur	0.10
56	Metex	0.10
57	Areximbank	0.10
58	Yunibank	0.10
59	KPMG Armenia	0.10
60	Armeximbank	0.09
61	Narek	0.09
62	Republican Television Center	0.09
63	Armenian-Greek Company Masis-Tobacco	0.09
64	Multy-Gas	0.09
65	Dsulakentron	0.09
66	Griar	0.09
67	State Medical University	0.09
68	Trade Center Hairapetian Brothers	0.08
69	Fed-A.M.	0.08
70	MLL Industries	0.08
71	Armpost	0.08
72	Tashir Invest Group	0.08
73	Electricity Complex Oper	0.08
74	Renco Armestate	0.08
75	Oktan-DP	0.08
76	Romper	0.08
77	MMG	0.08
78	Gheodesy Center	0.07
79	Bridge Construction	0.07
80	Yerevan State University	0.07
81	Petak Trade Center	0.07
82	Arminco	0.07
83	Grand Candy	0.07
84	Yerevan Microbus Company	0.07
85	Netsys	0.07
86	Tigran Mets Printing Huse	0.07
87	Mika Armenia Trading	0.07
88	Domeba	0.07
89	Jermuk	0.07
90	MAP	0.07
91	Yerevan City Lights	0.07
92	Uniline	0.07
93	Pailak&Garik	0.07
94	Cascade-1	0.07
95	Aviatrans	0.06
96	Apaven	0.06
97	V-SANK	0.06
98	Armenian Card	0.06
99	Arax Poultry	0.06
100	Grand Thornton Amiot	0.06
101	AMPG Group	0.06
102	JSC Avtogas	0.06
103	Finca Benevolency Fund	0.06
104	Kelly & Wiliams	0.06
105	Armnakhagits	0.06
106	Medical Experimental center	0.06
107	Telecompany Kaim	0.06
108	EPYGI LABS AM	0.06
109	AUA	0.06
110	State Pedagogical Institute	0.06
111	Karen & Raffy	0.06
112	Virage logic International Corporation	0.06
113	Synopsis Armenia	0.06
114	Electroservice	0.06
115	Armaeronavigation	0.06
116	Tunnel	0.06
117	Emil & Alexander	0.06
118	Gimas	0.05
119	Sage-Invest	0.05
120	Tigran	0.05
121	A. Purtoyan	0.05
122	Plant Nairit	0.05
123	Yerevan Metro	0.05
124	Hotel Yerevan	0.05
125	Arai	0.05
126	Getap Winery	0.05
127	Lusakert Poultry	0.05
128	Arpa-Sevan	0.05
129	UMAX	0.05
130	Yerevan Water Company	0.05
131	Association Nushikian	0.05
132	Armtransarakogh	0.05
133	Waser	0.05
134	Armenian Architectural University	0.05
135	Bank Promethey	0.05
136	Ara & Aitsemnik	0.05
137	Robel	0.05
138	Akhtala Minery	0.05
139	Armenian Water R&D Institute	0.05
140	Yerevannakhagits	0.04
141	Hrazdanmash	0.04
142	JSC levon 2	0.04
143	Shogakn	0.04
144	Armenian Tourism Development Fund	0.04
145	Energy Research Institute	0.04
146	Phillip Morris Management Service	0.04
147	Baghramian Bakery	0.04
148	Yerevan Urban Development Compay	0.04
149	Siunenergashin	0.04
150	Saranist	0.04
151	Karkomavto	0.04
152	Armenian Public Television	0.04
153	Energachap	0.04
154	Akunkshin	0.04
155	State Economic Institute	0.04
156	World Vision	0.04
157	American Fund of Asssisstance to Armenia	0.04
158	HPLA	0.04
159	Arsoil	0.04
160	LiXE	0.04
161	Spitak Tnak	0.04
162	Yerevan Thermal Energy Center	0.04
163	Surmalu	0.04
164	Ashtarak Milk	0.04
165	Fund Horizon	0.04
166	SPS Cigaronne	0.04
167	Web	0.04
168	Simon & Hakob	0.03
169	Armincassation	0.03
170	Yerevan Mill	0.03
171	Mining and Metallurgy Institute	0.03
172	Sezam-Gas	0.03
173	International Energy Corporation	0.03
174	HGSHN	0.03
175	Medical Center Nork-Marash	0.03
176	City Taxy David	0.03
177	GATTK.	0.03
178	Energamatservice Industry	0.03
179	Ed &Jack	0.03
180	TV Armenia	0.03
181	Energonoroggarant	0.03
182	Kchakar-Mussa	0.03
183	Arfarmatsia	0.03
184	Van-777	0.03
185	Dino Gold Mining Company	0.03
186	Tur ev Poghpat	0.03
187	Microbusiness Development Fund	0.03
188	Armtobacco	0.03
189	Voske Lchak	0.03
190	Armensell	0.03
191	Cagik	0.03
192	Armenia Lada	0.03
193	Mika Cement	0.03
194	AAFPC	0.03
195	Bright Light	0.03
196	Oriflame Cosmetics	0.03
197	Armenian Agricultural Academy	0.03
198	Glandale Hills	0.03
199	Gurgen Davtian	0.03
200	Export Financing Management Center	0.03
201	Hrachia Ajarian	0.03
202	Adamand-K	0.03
203	Astghik-5	0.03
204	Glanghe-Alco	0.03
205	Hovanian International	0.03
206	Getn Group	0.03
207	Olivesta	0.03
208	Echmiadzin Transport	0.03
209	Merdsavan Wine Factory	0.03
210	Yeraskh Winery	0.03
211	Wible	0.03
212	Kagahrsh & Sons	0.03
213	Export Oil	0.03
214	Hakhverdian Building Co	0.03
215	MMM	0.03
216	Gosh-Gas	0.03
217	Epal	0.03
218	Elmi Style	0.03
219	Studio Sigma	0.03
220	National Institute of Standards	0.03
221	Armavto	0.03
222	Yerevan Cannery	0.03
223	Armenian Bank of Development	0.03
224	Kentron-Makrutiun	0.03
225	Horizon-95	0.03
226	Jerelo	0.03
227	Artengineering	0.03
228	FMZ	0.03
229	A.N.M.A.	0.03
230	Yerevan Pharmaceutical Center	0.03
231	Imex Group	0.03
232	International Trade Bank	0.03
233	Aragonit	0.03
234	Lir Star	0.03
235	Dvin Holding	0.03
236	Atom Service	0.03
237	Legal Information Center	0.03
238	Mirage	0.03
239	Noyan Tapan	0.03
240	Itarco Construction	0.03
241	Art-Armave	0.03
242	Ararat Wine and Cognac Factory	0.03
243	Nor Bagrevand	0.03
244	Sinkristal	0.03
245	Armenian Projects	0.02
246	Yerevan Jewelry Plant-1	0.02
247	Economic Power	0.02
248	Gyumry Shirak Airport	0.02
249	Armavtokajan	0.02
250	Ararat Road Construction	0.02
251	Narenergo	0.02
252	Byurakn	0.02
253	Ran-Oil	0.02
254	Mi Katil Meghr	0.02
255	Yerenergo	0.02
256	Bezanson	0.02
257	Bazenk	0.02
258	ÈLegenda	0.02
259	Medicins Sans Frontier	0.02
260	Lory	0.02
261	Jermuk Group	0.02
262	Road Operation Center	0.02
263	Agro-Petrol Service	0.02
264	Charentsavan Machine Building Plant	0.02
265	Vanadsor Brewery	0.02
266	Russian-Armenian University	0.02
267	Aeroflot	0.02
268	Hoghshin center	0.02
269	FV & G	0.02
270	Armavir Gasmash	0.02
271	Manana Grain	0.02
272	Lilanarm	0.02
273	Insurance Company Ingo Armenia	0.02
274	Meghri Road building Co	0.02
275	Viurt	0.02
276	Metax	0.02
277	Creadense Systems Armenia	0.02
278	Natalie Pharm	0.02
279	Shahumian-Vin	0.02
280	Aragats-5	0.02
281	Turna	0.02
282	Printing House Gind	0.02
283	Viscon	0.02
284	USA United methodists Committee	0.02
285	Great Valley	0.02
286	Yerukrshin	0.02
287	Vedi Winery	0.02
288	Association Armenian resorts	0.02
289	Air Armenia	0.02
290	ACBA Leasing Center	0.02
291	Unicad	0.02
292	Sevan	0.02
293	Yerevan Engineering University	0.02
294	Prof Al	0.02
295	Sil rent	0.02
296	Plant Zovk	0.02
297	Belaz Kavkaz Transservice	0.02
298	Krunk	0.02
299	Little Knarik	0.02
300	Leisure Games	0.02

Memorandum:
AMD/USD exchange rate, period average 469.3

Source: STS.

*Total taxes includes payroll taxes, profit taxes and VAT.