Siemens Industry Software plans creating new infrastructure in Armenia

Armenian Minister of High-Tech Industry Mkhitar Hayrapetyan visited Siemens Industry Software company with Deputy Minister Ruben Simonyan. The visit underscored Armenia’s commitment to developing its technological capacities and strengthening partnerships with world-leading companies.

During the visit, the company’s CEO Irina Dumanyan welcomed the Minister and presented the strategic priorities of Siemens Industry Software, emphasizing the company’s contribution to the development of electronic equipment and software solutions worldwide. Dumanyan specifically mentioned the favorable working conditions for employees and described in detail the educational and research initiatives in cooperation with Armenian universities, including the American University of Armenia, the Armenian-Russian University and the National Academy of Sciences.

Minister Hayrapetyan emphasized the key role of effective public-private partnership in strengthening Armenia’s image as a technology hub. He especially emphasized the cooperation between private enterprises and educational institutions in the preparation of qualified workforce that meets the requirements of the industry. Siemens Industry Software’s role in training a competitive workforce was seen as crucial to achieving this goal.

Siemens Industry Software, formerly known as Mentor Graphics Corporation, is a global leader in electronic hardware development and software solutions. The company provides quality consulting and premium services to leading electronics and semiconductor companies worldwide.

During the visit, Siemens Industry Software’s plans for the creation of new infrastructures in Armenia, including the possible creation of a production enterprise, were also discussed. The Minister expressed his willingness to support the initiatives, emphasizing the government’s commitment to creating favorable conditions for business expansion and technological progress in Armenia.