"Arzni", "Sil", and "Dilijan Frolova". Food products include processed meat, all types of canneries, wheat and flour, sweets and chocolate, dried fruits, soft drinks and beverages. Building materials mainly include travertine, crushed stones, asphalt and asphalt concrete. Finance and banking As an attractive outsourcing location for Western European, Russian and American multinationals, Yerevan headquarters many international companies. It is Armenia's financial hub, being home to the Central Bank of Armenia, the Armenian Stock Exchange (NASDAQ OMX Armenia), as well as the majority of the country's largest commercial banks. , the city dominates over 85% of the annual total services in Armenia, as well as over 84% of the annual total retail trade. Many subsidiaries of Russian service companies and banks operate in Yerevan, including Gazprom, Ingo Armenia, Rosgosstrakh and VTB Bank. The ACBA-Credit Agricole is a subsidiary of the French Crédit Agricole, while the HSBC Bank Armenia is also operating in Yerevan. Construction The construction sector has experienced a significant growth during the 1st decade of the 21st century. Starting from 2000, Yerevan has witnessed a massive construction boom, funded mostly by Armenian millionaires from Russia and the United States, with an extensive and controversial redevelopment process in which many 18th and 19th-century buildings have been demolished and replaced with new buildings. This growth was coupled with a significant increase in real estate prices. Many major construction projects has been conducted in Yerevan, such as the Northern Avenue and the rehabilitation of Old Yerevan on Aram Street. The Northern Avenue is completed and was opened in 2007, while the Old Yerevan project is still under development. In the past few years, the city centre has also witnessed major road reconstruction, as well as the renovation of the Republic square, funded by the American-Armenian billionaire Kirk Kerkorian. On the other hand, the Argentina-based Armenian businessman Eduardo Eurnekian took over the airport, while the cascade development project was funded by the US based Armenian millionaire Gerard L. Cafesjian. However, the sector has significantly dropped by the end of the 1st decade of the 21st century, as a result of the global real estate crisis in 2007–09. In 2013, Yerevan dominated over 58% of the annual total construction sector of Armenia. In February 2017, the urban development committee of the government revealed its plans for the upcoming major construction projects in the city. With a total cost of US$300 million, a new business