Feasibility study for a Dry Port in Shirak
Feasibility study for a dry port and due diligence of a Special Economic Zone in SHirak region of Armenia was implemented with Maritime & Transport Business Solutions and Crowe Armenia.
The study included:
- Existing Context Analysis, Market Assessment and Demand Analysis
- Technical Studies, Cost Evaluation and Environmental & Social Impacts
- Dry Port Financial & Economic Assessment and SEZ Due Diligence
- Implementation Plan, Risk Analysis and Conclusions & Recommendations
Project dates: September 2023-December 2023
Project location: Armenia
Sector: Public sector
Evaluation of EU funded “CTR 430-433 Enhancing economic development of Ijevan through leveraging PPP and creating local ecosystem for innovative development” project
- Reviewing project documents, including the project proposal, progress reports, Resulted-Oriented Monitoring (ROM) results and any other relevant materials.
- Developing an evaluation framework and methodology, including data collection tools and techniques.
- Conducting field visits and interviews with project stakeholders, beneficiaries, and partners.
- Analyzing quantitative and/or qualitative data to assess the project’s performance.
- Presenting findings and recommendations in a final evaluation report
Project dates: June 2024 - August 2024
Project location: Armenia
Donor: EU
Sector: Public sector
Development of FMC manual for public sector
Review of financial and management control manuals in place
Review of international practice o FMC application
Embedding budgeting and program budgeting in FMC manual
Developing action plan for FMC piloting
Project dates: October 2022 - Ongoing
Project location: Armenia
Donor: EDRC
Sector: Public sector
Public Efficiency and Financial Markets Program
Public debt policies and fiscal risk policies
strengthened;
The government securities market deepened, and financial market infrastructure
improved and
Enhancement of the investors base and corporate transparency supported.
Project dates: December 2022 -Ongoing
Project location: Armenia
Donor: ADB
Sector: Public sector
Consultancy on Financing for SDGs
Review of international best practice of financing of SDGs both by public and private sources
Development of practical recommendations with clear mechanisms and toolset defined for Armenia.
Development of concept paperson SDG finance based on main findings and practical recommendations for Armenia.
Project dates: July 2021 - December 2021
Project location: Armenia
Donor: UNDP
Sector: Public sector
Consultancy on development finance
The specific objectives of the project are:
- Analysis of international best practice of catalytic and blended finance mechanisms, combining different sources of public and private development finance to contribute to SDG’s, designing relevant recommendations for Armenia
- Analysis of international best practice of sustainable fashion value chains implementation and financing as well as sustainable fashion finance instruments design to contribute to SDGs through coordinated action in the fashion sector, designing relevant recommendations for Armenia
- Overview and periodic reviews of financing context and outlook, existing structures, ongoing reforms and opportunities to strengthen financing policies and institutional structures in relation to the SDG-s finance.
- Collection of relevant data, policy documentation and analysis about existing relevant SDG finance policies, tools and instruments in Armenia.
- Support to INFF next building blocks implementation, particularly the INFF roadmap implementation, financing strategy design and financial dialogues.
- Support the Project to plan missions, consultations and strategic dialogues as needed, including arranging logistics and reaching out to stakeholders in the scope of SDG finance activities.
Project dates: March 2022-Ongoing
Project location: Armenia
Donor: UNDP
Pre funding assessment
The specific objectives of the pre-funding assessment are to:
- Describe the financial management systems and procedures
- Evaluate and review the financial control systems
- Assess the effectiveness of the governance
- Execute a risk analysis of the financial system
- Draw out recommendations to enhance the effectiveness of the financial management of the above-mentioned organisation and its efficiency based on the findings of the assessment
Project dates: March 2022-May 2022
Project location: Armenia
Sector: Private sector
Map Labour Inspection Workflows
As part of tis assignment, we have implemented:
- Review all documents (i.e. laws, regulations, directives, circulars, standard operating procedures, manuals, etc.),and ensure that the scope of work includes the entirety of provisions of the Armenian Labour Law and inspection activities;
- Facilitate or co-facilitate modelling and sketch sessions (virtually or in-person), with national and regional government labour inspection personnel and subject matter experts(external labour and/or administrative law experts) to identify, document, and map the labour inspection process
- Analyse the current labour inspection process with the objective of identifying if/how they can be made more efficient taking care to identify steps that are required by law and unchangeable, and steps that are legacy and modifiable;
- Analyse the current differences between different regions and or between the national authority and the regional authorities with the objective of identifying if/how they can be standardized;
- Present draft visual diagrams to national and regional labour inspection personnel (internal personnel of the labour inspectorate) for validation.
- Document an annotated version of the final visual diagrams, narrating each procedure.
Project dates: February 2022-May 2022
Project location: Armenia
Donor: International Labor Organization
Sector: Public sector
Technical Assistance for Budget Support Programme “Support to Justice Sector Reforms in Armenia”
As part of tis assignment, we have implemented:
- Assessing the state of play of internal control and internal audit in beneficiary institutions and of staff resources involved, in relation to relevant national regulation and EU standards
- Developing relevant improvement plans: improvement plan on internal control and internal audit
- Developing training material and in delivering a first round of formal training to relevant staff and managers on internal control and internal audit.
- Providing hands-on training and support to the beneficiary institutions in improving their internal control and internal audit procedures.
Project dates: February 2022-Ongoing
Project location: Armenia
Donor: Ecorys
Sector: Public sector
Support in Review and Introduction of a New Internal Audit System in Public Sector of Armenia
As part of tis assignment, we have implemented:
- Modernization of IA legal and methodological framework
- Review and update of the main legal acts (Laws and by-laws) in the field of Internal Audit
- Review and establishment of a modern IA certification mechanism compliant to international standards
- Modernization of IA capacity building mechanisms
Project dates: September 2021-June 2022
Project location: Armenia
Donor: GIZ
Sector: Public sector
Assesment of the impact of Covid-19 on the wine sector of the Republic of Armenia
In depth analysis of wine sector in Armenia has been conducted. We have reviewed the main export countries for the last 2 years. Root cause analysis has been conducted to understand any variations in the main markets of Armenian wine.
Project dates: February 2021-May 2021
Project location: Armenia
Donor: Food Agricultural Organization
Sector: Agriculture
Consultancy on Financial and Compliance Audit for the Audit Chamber of the RA under “Modern Parliament for a Modern Armenia (MAP)” Project
Data on production and processing of agricultural products, such as meat, dairy products and wine has been conducted for 2010- 2020 period. Assessment of Covid-19 impact has been conducted.
Project dates: May 2021-December 2021
Project location: Armenia
Donor: UNDP
Sector: Public sector
Data collection and analysis within the scope of the COVID 19 scenarios project
Data on production and processing of agricultural products, such as meat, dairy products and wine has been conducted for 2010- 2020 period. Assessment of Covid-19 impact has been conducted.
Project dates: February 2021-May 2021
Project location: Armenia
Donor: Food Agricultural Organization
Sector: Agriculture
Development of a Methodological Guideline for Distinguishing the Features of an Apparent Crime During the Audit
We have supported in development of a methodological guideline for the Audit Chamber of Armenia. In close cooperation with the Audit Chamber, the existing methodological guidelines have been analyzed in depth, additionally existing processes related to fraud identification and treatment has been conducted.
Project dates: January 2021-April 2021
Project location: Armenia
Donor: GIZ
Sector: Audit/Public sector
IT services to set up Moodle LMS for MTAI
We have provided IT services to the Ministry of Territorial Administration and Infrastructure of Armenia in developing good governance e-learning materials for the LMS platform.
Project dates: July 2020-December 2020
Project location: Armenia
Donor: Council of Europe
Sector: Audit/Public sector
Study of CSR activities in Armenia
In consortium with SATIO (Civitta), we implemented CSR mapping and activity analysis in Armenia. This included detailed mapping of CSR activities of key companies in Armenia, interview of staff of selected companies. Based on this recommendations have been developed.
Project dates: December 2020-February 2021
Project location: Armenia
Donor: Red Cross
Sector: Audit/Public sector
Comprehensive Analysis of the Internal Control System within LSGs in Armenia
The project scope includes
- implementation of baseline assessment of the internal control system,
- assessment of its adequacy to the existing business processes
- identification of gaps and deficiencies of design effectiveness of the internal control system
- recommendations on improvements taking as a base best European and International practice and reflective to current PFM reforms in Armenia.
Project dates: July 2020-December 2020
Project location: Armenia
Donor: GIZ
Sector: Audit/Public sector
Strengthening Fiscal Governance and Sustainability in Public-Private Partnerships
Grigoryan and Partners have been involved in building the capacity of staff at MOE and at the line-ministries and establishing PPP "cells" for assessing bankability of public investment plans and the latter's PPP potential.
Project dates: July 2020-December 2020
Project location: Armenia
Donor: Asian Development Bank
Sector: Audit/Public sector
Assistance to Civil Aviation Committe of RA
We have assessed the institutional setup of the CAC within the MTADI, identified the gaps and overlaps from financial management perspective and provided recommendations for improvement of CAC governance.
Project dates: May 2020-February 2021
Project location: Armenia
Donor: Asian Development Bank
Sector: Aviation/Public sector
Development of e-learning materials for MMIS
Grigoryan and Partners LLC is involved in development of e-learning materials for the Municipal Management Information System used by the Ministry of Territorial Administration and Development of Armenia
Project dates: June 2019-December 2019
Project location: Armenia
Donor: GIZ
Sector: Education/Public sector
Transforming Learning Management System (MOODLE)
Grigoryan and Partners LLC is involved in installation of open learning management system for the Government of the Republic of Armenia.
Project dates: May 2019-February 2020
Project location: Armenia
Donor: GIZ
Sector: Education/Public sector
Big data for Urban Planning
Grigoryan and Partners LLC in consortium with Datamotus LLC have been involved in development of a concept paper and Terms of Reference for Big Data for urban planning for the cities of Yerevan, Minsk and Tbilisi.
Project dates: January 2019-May 2019
Project location: Armenia, Belarus, Georgia
Donor: GIZ
Sector: Urban planning/Public sector
Outsource of internal audit function
We do fully outsource of internal audit function of the investment company operating in Armenia. Landmark Capital CJSC is a company providing investment services under regulation of the Central Bank of Armenia.
Project dates: January 2020- Ongoing
Project location: Armenia
Sector: Financial sector
Client: Landmark Capital CJSC
Data science trainings
Training on data science and machine learning have been provided to the students of Microsoft Innovation Hub of Armenia.
Project dates: February 2020- May 2020
Project location: Armenia
Sector: Financial sector
Client: Microsoft Innovation center Armenia
Data analysis for improvement of pricing strategy
We are providing data analysis services to our partner Etaility AB e-commerce company for its operations in Sweden, Denmark and Germany. Services include collection of data on prices of products, analysis and recommendations on pricing.
Project dates: December 2019- Ongoing
Project location: Sweden, Denmark, Germany
Sector: E-commerce
Client: Etaility AB
Development and implementation of quality management system
Grigoryan and Partners LLC has developed and implemented a quality management system for a leading laboratory company in Armenia, according to ISO 9001:2015 requirements.
Project dates: April 2019- September 2019
Project location: Armenia
Sector: Health
Client: Biomed LLC
Business valuation according to IVS standards
Business valuation has been conducted of an agricultural firm located in Belarus. the Value was determined by using Market and Income approach according to IVS requirements.
Project dates: May 2019- June 2019
Project location: Belarus, Italy
Sector: Agriculture
Client: Bissolo Gabriele Farm
Support in preparation of financial statements according to IFRS requirements
Support and consultation has been provided to our partner to prepare financial statements in accordance with the requirements of International Financial Reporting Standards.
Project dates: May 2019- June 2019
Project location: Armenia
Sector: Infrastructure
Client: Kreston International (Asatryans LLC)