The VEGA Company started its activity in November 2003, when the company's first store was opened in Yerevan at Tumanyan street.
In 2010 VEGA launched a steady progress in its operations, with its rates being increased year by year.
Today, VEGA is the largest network in Armenia, which represents the sale of electronics, household and computer equipments, high-quality furniture, textile products, tools, home accessories, as well as bicycles, stationery and toys.
The company is presented to its consumers with its 20 hypermarkets and stores, 8 of which are in Yerevan and 12 in other cities of the Republic, including Gyumri (2 stores), Vanadzor, Spitak, Hrazdan, Artashat, Kapan, Tashir, Sisian, Meghri, Stepanavan and Ijevan.
The VEGA Company also includes logistic points in the Georgia (VEGA GEORGIA), UAE (Vega Gulf FZE) and the Czech Republic (INTINCOM CZ S.R.O.).
The total area of the stores is more than 30 000 sq.m.
In Yerevan, VEGA introduces the largest hypermarkets in the administrative districts of Nor Nork and Malatia-Sebastia․
Currently, the Company introduces to its consumers more than 20,000 branded products from the worldwide manufacturers.
Being in the list of TOP 100 largest companies of Armenia, today VEGA is the absolute leader in its field. It has been repeatedly established by such reliable international organizations as GfK and Gallup International.
By saying VEGA, above all we understand more than 1000 dedicated employees from different departments. It is thanks to meticulous work of the all the people above that VEGA has managed to maintain leading positions on the market.
Company’s founder and managerial personnel
The Company’s founder, Chairman of the Board and the General Director is Yuri Afrikyan
Executive director – Marina Poghosyan
Head of Marketing, Development and Promotion Department – Artur Chobanyan
Head of Wholesale Department - Samvel Ghazaryan
Head of Commercial Department - Armen Mkrtchyan
Head of Transport and Logistics Department - Armen Galstyan
Head of Supply and Delivery Department - Arman Sargsyan
Financial Director - Simon Davtyan
Our missions and goals
VEGA's mission and primary goal is to support the improvement of Armenia's social status, for which the company tries to increase the number of jobs by 1.100, particularly in the manufacturing sector, and why not to supply its products to the foreign market. Our main goals are to development of the Company's business in strategic directions, strengthening position and achieving leadership in all areas of activity.
It should be noted that the vigorous activity and sustainable growth of VEGA would be impossible without the reliable partners of the company, including the SHARP, SONY, LG, DAEWOO , CANDY, De’Longhi, ELECTROLUX, HANSA, Whirlpool, BOSCH, KARHCER, BORK, AXION, KRAFT, ARESA and SATURN.
Our partners also include the banks and credit markets, among which are INECOBANK, UNIBANK, ACBA-CREDIT AGRICOLE BANK, VTB BANK ARMENIA, ARMECONOMBANK, CONVERSE BANK, ARTSAKHBANK, AMERIABANK, ID BANK, ARMSWISSBANK, as well as SEF INTERNATIONAL and CREDO FINANCE credit markets.
Our social responsibility
During its operation, VEGA remains committed to its social mission and regularly participates in a number of charitable projects.
All the projects are implemented both directly at the resources of the VEGA Company and through individual donations made by the employees.
We and the Environment
Our Company with a high degree of responsibility is addressing any issues relating to environmental protection and maintaining a favorable environmental background in Armenia.
We act as initiators, sponsors and active participants of a number of events and actions of a social and ecological orientation. For example: organizing a collection of disused mobile phones and smartphones from the population, holding a World Day of Cleanliness in Armenia, donating to the “Armenia Tree Project” Charitable Foundation for the annual planting of additional 1,000 tree seedlings in Armenia, assisting volunteer organizations in the implementation of separate collection and recycling plastic and paper wastes, recycling old batteries, etc. In this area, we successfully collaborate with the Ministry of Nature Protection of the Republic of Armenia, WWF Armenia, and other public environmental and nature protection organizations.
VEGA is the title sponsor of Urartu basketball team and ARTSAKH football club.
The VEGA Company has twice been awarded by the National Confidence Council” the title of "Electronics and Household Appliances Store Network of the Year". Vega was also awarded with a number of diplomas and certificates of gratitude.