GEVORKYAN Group’s revenue and profits are growing at double-digit rates without increasing debt
Aviation and Defense on the Rise
GEVORKYAN, a.s. has strengthened its presence in the Aerospace & Defense segment by significantly expanding its product portfolio for customers, including some of the most prominent multinational companies from Switzerland, Germany, and other European countries.
The significant expansion in this sector follows a strong investment cycle in recent years, which has created the necessary technological and manufacturing infrastructure. GEVORKYAN, a.s. has recently begun large-scale deliveries of components for engines and precision gearboxes for small aircraft and drones, for which global demand has been growing rapidly for some time.
In addition to the aviation industry, the GEVORKYAN Group has been making serial deliveries to the Rheinmetall Group since the summer .
In conjunction with its AS9100 certification for the aerospace, defense, and space industries, GEVORKYAN, a.s. was included in the OASIS system, which is administered by the International Aerospace Quality Group (IAQG).
New Orders in Traditional Sectors
In addition to new sectors, the company continues to expand its presence in traditional, stable markets, such as agrotechnology. This market, with its high quality standards and long product cycles, has been a pillar of stable contracts for decades. New projects for the application of GEVORKYAN products were secured through long-term collaboration with leading global brands such as John Deere, Deutz-Fahr, and Lombardini, thanks to the company’s traditionally strong development efforts as well as an acquisition in Italy.
About GEVORKYAN, a.s.
GEVORKYAN, a.s. is a leading European powder metallurgy company, a global supplier to large multinational companies and one of the most innovative companies in this sector in the world. For more information, please visit www.gevorkyan.eu.
Contact
Media: Alexandra Hazuchová, marketing@gevorkyan.sk