One of the fastest growing corporations in Russia, Yandex has decided to open a new office in Armenia, aimed at coordinating the company's activities in the CIS countries, where over 400 employees will work. Yandex is a transnational information technology company that owns an Internet search engine of the same name, an Internet portal and web services in several countries. The Yandex search engine is the fourth among the world's search engines in terms of the number of requests processed.

The priority direction of the company is the development of a search engine, but over the years Yandex has become a large corporation with many assets. In 2016, Yandex provided more than 50 web services, including Yandex.Search, Yandex.Browser, Yandex.Taxi, Yandex.Disk, Yandex.Kinopoisk, and more. The company has offices in 21 cities of Russia, in Minsk (Belarus), Alma-Ata (Kazakhstan), Newburyport (USA), Lucerne (Switzerland), Berlin (Germany), Amsterdam (Netherlands), Shanghai (China) and Tel Aviv ( Israel).