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About us

The VEGA Company started its activity in November 2003, when the company's first store opened in Yerevan on Tumanyan street, occupying only 190 sq.m. territory. With limited resources, VEGA successfully made its first attempts to compete with well-known networks, which had already managed to launch large-scale trading activities on the market.

Though the company was operating not more than 5 years, VEGA, which already had a chain of stores, faced the 2008 global financial crisis. In the fight against the global crisis, VEGA begins to apply the most effective methods of business optimization, based on the effectiveness of its work.

During that time, in the summer of 2009, VEGA created and implemented its own unique management software program, due to which the company monitors online both commodity turnover and financial flows till today. VEGA has been launching a steady progress in its operations since 2010, with its rates increasing year by year.

Today VEGA is the largest network in Armenia selling electronics, household and computer equipment, quality furniture, doors and windows, chandeliers and lamps, textile products, high quality mattresses, home accessories, household and professional tools, as well as automotive accessories, bicycles and children's electric cars.

21 Stores
8 stores are located in Yerevan and 13 in other regions (Gyumri, Tashir, Spitak, Vanadzor, Ijevan, Hrazdan, Gavar, Artashat, Sisian, Goris, Kapan, and Meghri)
> 40 000 sq.m.
Total showroom area across the entire country
> 20 000
Branded products from world-famous and top manufacturers

» International Logistics: The VEGA Company also includes logistics hubs in the UAE, Georgia and the Czech Republic.

» Hypermarkets: In Yerevan, VEGA presents the largest hypermarkets of the region in the administrative districts of Nor-Nork, Arabkir and Malatia-Sebastia.

★ IN THE “TOP 50” LIST OF THE LARGEST ORGANIZATIONS

Being an absolute leader in its field, VEGA's leading position has been repeatedly established by reliable international organizations such as GfK and Gallup International. According to the results of polls conducted by MPG, the representative of Gallup International Association in Armenia, for the seventh year in a row VEGA company was recognized as the BEST in two nominations:

  • Network of the best electrical stores of the year
  • Network of the best furniture stores of the year

International Partners: The strong business and stable growth would be impossible without reliable partners, including: LG, SAMSUNG, SONY, CANON, DeLonghi, GA.MA, ELECTROLUX, HANSA, BOSCH, KARCHER, SKYWORTH, HONOR, as well as more than 120 well-known brands. The company expresses its deep gratitude to all the Partners who have been with it even during the difficult times of the crisis.

Financial Partners: VEGA is grateful to its Armenian colleagues who have been with it for years, particularly the banks and credit organizations, including: INECOBANK, UNIBANK, ACBABANK, VTB Bank, ARMECONOMBANK, ARTSAKHBANK, AMERIABANK, CONVERSEBANK, ARDSHINBANK and EVOCABANK.

By saying VEGA, firstly we understand more than 1500 dedicated employees from different departments (directors, sales consultants, managers, telephone operators, security guards, cooks, logisticians, drivers, designers, programmers, warranty service specialists, tailors, cashiers, and furniture makers). Due to the hard work of all these people, VEGA has successfully managed to keep leading positions in the market.

Throughout its activities, VEGA remains faithful to its voluntary social mission and periodically participates in charity and environmental projects. All projects are implemented both directly by the VEGA Company and through voluntary contributions from employees. VEGA's primary goal is to support the improvement of Armenia's social status, for which the company periodically increases the number of jobs, particularly in the manufacturing sector, as well as strives to export its goods to foreign markets.

But none of this would be possible without our loyal customers who have trusted our company for almost 22 years.