AGAT-777 LLC was established in 02.03.1997 on the basis of Constitutive agreement and on the basis of the rent agreement signed with the Ministry of Industry. On November 3, 1998 according to resolution number 683 passed by the government of the Republic of Armenia the legal status of organization was changed. Since that time it is known as the lawful successor of lease enterprise AGAT-777 LLC. The only founder of the company is Aghvan Karapetyan. The address is: Yerevan, region Shengavit, str. Shirak, 4 th blind ave. The company owns land area of 30000 sq.m, and also a section of structures with total area of 8000 sq.m. Among them office building, production buildings, mechanical section, woodworking section and section for production of furniture, warehouse and office accommodations, garage and other auxiliary buildings, sections and constructions. The garage includes 52 units of transportation means. Among them trucks, crane truck, supermaz, excavator, tractors, loading-unloading machines and also cars. During the ten years of the activity of the company the number of new vacant posts grew because of the increase in its production potential. Currently there are 120 people in the company, who work on a constant basis and 50 people working temporarily. The level of medium wages for each worker is 300000 AMD.