Monday, 13 December 2021
The Deputy Prime Minister receives Vice President of Hard Rock Cafe International
Deputy Prime Minister of Armenia Hambardzum Matevosyan received Vice President for Franchise Operations & Development at Hard Rock Cafe International Anibal Fernandez on December 13. The director of the Armenian National Interests Fund David Papazyan also attended the meeting.
The Deputy Prime Minister welcomed the guest, expressing gladness over the entry of the famous brand to Armenia and its new business initiative. He noted that the Armenian Government stands by business, ready to support new initiatives as much as possible, which will not only have economic significance, but will also expand business ties and attract new investments. Hambardzum Matevosyan saluted the opening of "Hard Rock Cafe" in Yerevan, which is expected to happen in the second quarter of 2022. According to him, it will contribute to the ongoing qualitative change in the urban environment of Yerevan, as well as to the development of the service sector.
The interlocutors praised the ongoing bilateral cooperation between Hard Rock Cafe International and ANIF, highlighting the implementation of such promising programs and the entry of such global networks into Armenia. It was emphasized that the opening of "Hard Rock Cafe" in Yerevan may be a precedent for others.
The first Hard Rock Cafe opened in London in 1971. The network currently operates in more than 70 countries. The program is co-financed by ANIF with 48% share. ANIF is participating in the program within the framework of the anti-crisis fund programs through its subsidiary company, which was established to mitigate the economic consequences of the COVID-19.
