24 / January / 2022 : 13-11

Armenian-founded businesses thriving in the United States

Armenian immigrants have been an integral part of the United States' business landscape for over a century. From small, family-owned businesses to large corporations, Armenian Americans have made significant contributions to the U.S. economy. Many of these businesses are in the hospitality and food industry, such as bakeries, restaurants, and cafes. However, Armenians have also been successful in fields like technology, finance, and real estate.

One of the most prominent examples of a business founded by Armenians in the U.S. is the telecommunications company, Global TelLink. The company was founded in 1989 by two Armenian American entrepreneurs, Bobby Saghian and Slava Kavtaradze. Today, Global TelLink is a leading provider of inmate telecommunications services, serving over 2,000 correctional facilities across the country.

Other notable Armenian American businesses include the software company VMWare, founded by Diane Greene and Mendel Rosenblum, and the real estate investment firm Trizec Properties, founded by Peter Munk. Overall, Armenian Americans have made significant contributions to the U.S. economy, and their businesses continue to thrive and grow.

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Published on 24 / January / 2022 : 13-11
Published by Liana Aloyan

Journalist, columnist. Liana studies at the Faculty of Russian Philology of Khachatur Abovyan State University. She has been working at Yelaket (Yelaket.am) news agency since 2019 as a journalist and columnist. Writes articles about business and marketing. Liana is a member of "Media association" since 2020.

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