In Armenia a new international firm has opened its doors, ASATRYANS, and its deputy chief executive Albert Asatryan claims the 30 staff strong firm is looking to build a network of firms in Ukraine, Georgia and Russia.
ASATRYANS was initially set up in 2013 by a group of internationally certified accountants looking to serve international organisations as well as to assist domestic clients to "think globally".
The firm offers audit & accounting, tax and advisory services from its offices in the Armenian capital of Yerevan.
Asatryan says that the expansion to the neighbouring countries is likely to take some time, however the business plan for the firm is to grow outside Armenia’s boarders.
The firm is currently independent and when asked Asatryan does not dismiss a possibility of affiliation with an international network or association.