President of Armenia Serzh Sargsyan attended the opening ceremony of Soft Construct Yerevan Office on June 17, press service of the President’s Office told Armenpress.

The company operates in information technologies field, in particular, it is engaged in diversified programming.

Established in UK, the company currently has offices in 14 countries of the world and has more than 500 partners.

Accompanied by Mayor of Yerevan, Minister of Transport, Communication and Information Technologies and company founders, the President toured the newly-opened Office which is located in Yerevan’s Nork-Marash administrative district, got acquainted with the investments carried out, the jobs, services provided and the company development programs.

The President was introduced on the opportunities of the company’s 2nd building which is being renovated for expanding the programming offices, as well as the upcoming programs.

During the visit Serzh Sargsyan also got acquainted with the activity directions of founders of Soft Construct Yerevan Office ‘Badalyan brothers’ group of companies. It was reported that the companies included in the group currently have 2203 employees, and it is planned to increase that number by 300 in 2017.

Thereafter, President Sargsyan visited PicsArt company which is located in Ajapnyak administrative district adjacent to TUMO Center for Creative Technologies.

Established in US in 2011, the company currently has offices in San Francisco, Tokyo and Yerevan.

Accompanied by company co-founders and representatives of the field, President Serzh Sargsyan toured the office, got acquainted with the company’s achievements over the past three years, as well as the upcoming development programs and goals from which PicsArt highlights the development of artificial intelligence and machine learning fields. According to the company representatives, it will boost Armenia’s IT field and will contribute to increasing competitiveness, as well as attracting foreign investments and creating new Armenain start-up companies.