YEREVAN, April 15. /ARKA/. Renshin’s audit, conducted for five consecutive years by KPMG, a Big Four firm, confirms the accuracy of its financial statements, said Kristine Chichyan, the company’s CFO.
“The audit confirms key parameters such as capital adequacy, liquidity, and asset quality. For investors, this means risk mitigation and a guarantee that the company operates according to international, transparent standards,” she noted in an interview with ARKA news agency.
Speaking about the practical value of the annual international audit for partners, Chichyan emphasized that it is a practical tool for all beneficiaries.
“For banks, it reduces risk assessment, allowing us to attract financing on more competitive terms. For institutional investors, it is a key decision-making prerequisite, confirming the company’s health. For buyers, an international audit confirms that the developer is stable and free of financial problems that could lead to the termination of construction,” she explained.
Responding to a question about the principles of Renshina’s corporate culture that help build a strong team and maintain sustainability in long-term projects, the CFO emphasized that the company’s corporate culture is the cornerstone of its success, enabling the effective management of capital-intensive and long-term projects.
“Our team is built on a synergy of professionalism, responsibility, and innovation, where each specialist understands their role in shaping the company’s global standing. We place particular importance on attracting international expats and highly qualified consultants, which allows us to localize global experience and best standards in all our projects,” she said.
At the same time, according to Chichyan, the company is significantly investing in long-term employee incentive systems, building a sustainable and motivated “strong core” capable of consistently implementing programs of unprecedented scale and complexity in Armenia over many years.
“This open and transparent communication environment, combined with international experience, reduces operational risks and guarantees the fulfillment of our ambitious commitments,” she concluded.
Renshin is an urban development and investment company that is developing approximately 1 million square meters of high-quality development, with a total investment volume exceeding $1 billion. As of the end of 2025, Renshin’s assets amounted to 133.5 billion drams, and its equity capital amounted to 13.7 billion drams.
