Our projects

We deliver projects which we believe create additional value for our partners and customers. We deliver services in CIS region and Eastern Europe.

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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 - Ongoing

Project location: Armenia

Donor: UNDP

Sector: Public sector

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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-Ongoing

Project location: Armenia

Donor: GIZ

Sector: Public sector

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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

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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-Ongoing

Project location: Armenia

Donor: UNDP

Sector: Public sector

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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

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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

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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

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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

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Comprehensive Analysis of the Internal Control System within LSGs in Armenia

The project scope includes

  1. implementation of baseline assessment of the internal control system,
  2. assessment of its adequacy to the existing business processes
  3. identification of gaps and deficiencies of design effectiveness of the internal control system
  4. 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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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)