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Armenian authorities tying to remove obstacles hobbling SMEs’ activities

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78e436f778f87275a99401b26c58dd0aYEREVAN, June 19. /ARKA/. Armenia’s government is trying to remove the obstacles hobbling development of small and mid-scale businesses, Armenian Prime Minister Hovik Abrahamyan said Friday at a regular session of the Small and Medium-Size Enterprise Development Council of Armenia.

“Our goal is to remove all the obstacles existing in SMEs’ activities and to give them room for strengthening their businesses as well as to take steps for developing the economy,” he is quoted in the government’s press release. “We should unite and move the country forward.”

The council discussed ways to provide family business preferences to the entrepreneurs doing hotel business and also the application of differentiated approach in setting local duties.

The participants of the session exchanged their opinions and presented their ideas and remarks.

Summarizing the results of the discussion, Abrahamyan instructed the concerned agencies to work out and submit appropriate legislative packages to the government.

Some 70,000 small and medium enterprises operate in Armenia now. Of them, 58,000 are micro and small companies and 10,000 are mid-scale businesses.

The SMEs’ share in Armenia’s GDP is 43%, but the sector ensures only 5-6 percent of the country’s tax revenue – See more at: http://arka.am/en/news/business/armenian_authorities_tying_to_remove_obstacles_hobbling_smes_activities/#sthash.5qerR9Tx.dpuf

Orange County: Zov’s to Receive California’s ‘Small Business of the Year’ Award

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Zov (far rigfht) her family and one of her locations (left)

Zov (far rigfht) her family and one of her locations (left)

NEWPORT BEACH, Calif.—The State of California boasts some 3.3 million small businesses but only 80 of them including one from OC will be recognized as “Small Business of the Year” at a ceremony to be held on Wednesday, June 10 in the State Capitol. Zov’s, which operates restaurants in Tustin, Newport Beach, Irvine, Anaheim and 2 at John Wayne Airport, is being hailed for its longtime commitment to excellence in the dining arena and actively serving the communities in which it boasts locations.

State Senator John Moorlach of the 37th District informed the company’s president and CEO Armen Karamardian of the honor, which coincides with 2015 California Small Business Day.

“Wow. This is truly an unexpected and much appreciated honor,” said Karamardian, whose mother, Zov, started the business in 1987 and was one of the county’s pioneers of fine dining and a nationally recognized chef/restaurateur.

“As many Orange Countians know, we are a family business and we work hard to put our seal on every project we launch and every meal that finds its way out of our kitchens. We are humbled and excited to accept this honor in our State’s Capitol,” added Karamardian.

In addition to her critically acclaimed restaurants, Zov authored two best-selling, hard-cover cookbooks, “Simply Zov” and “Zov: Recipes and Memories From the Heart,” each of which have sold 50,000+ copies. She credits her mentor and dear friend, Julia Child, with guiding her hand in completing these projects.

Her passion for the culinary arts extends to hosting cooking classes at the restaurants with guest chefs like Emeril Lagasse, Carla Hall, Michael Symon, Todd English and Anne Burrell. She has been honored by the James Beard Foundation and the International Association of Culinary Professionals, among countless others. She is also a frequent guest on television programs of the Food Network, CNN and others.

Report asbarez