From the construction of a technologically advanced factory in Slovakia to an internationally established company with unique know-how. What lies behind GEVORKYAN’s 30 years of growth, and what are its future ambitions?
In an interview with Hospodárske noviny, Artur Gevorkyan discusses the importance of in-house development, diversification, international expansion, and management quality—a quality that has been recognized for the fourth time by an award from Deloitte.
Unique Solutions as a Competitive Advantage
The foundation of GEVORKYAN’s success is its ability to develop its own materials and deliver solutions where traditional engineering reaches its limits.
“In most cases, we had the courage to offer what our competitors considered impossible and refused to do, or we were simply able to do it more efficiently,” explains Artur Gevorkyan.
It is precisely the company’s in-house development and technological know-how that enable it to build long-term customer partnerships and create high-value-added solutions.
Diversification as the Foundation for Stability and Growth
GEVORKYAN operates across multiple industrial sectors, ranging from the automotive and aerospace industries to the defense and medical sectors.
“Diversification has always been the absolute foundation of stability during any crisis (the 2008 financial crisis, COVID-19, war…) and remains the greatest potential for further growth.”
A broad portfolio of customers and applications thus serves not only as a risk mitigation tool but also as a source of new business opportunities.
Fourth Award from Deloitte: Gold Standard
GEVORKYAN has received the Slovakia Best Managed Companies award from Deloitte for the fourth time and achieved the Gold Standard level.
“I am personally very pleased with this award because, first and foremost, it confirms that the company is not a one-man show but has been successfully managed by capable people for several years now,” emphasizes Artur Gevorkyan.
The award underscores the importance of a strong management team and the company’s long-term strategic leadership.
Further Expansion and New Opportunities
GEVORKYAN is preparing to expand its production facility in Bologna, Italy, thanks to new orders for the Italian and Western European markets. At the same time, the company is in talks regarding further expansion into German-speaking countries and continues to invest in automation and robotics.
“As for where we’ll be in five or ten years, I can say one thing with certainty: we’ll be wherever problems need to be solved.”
What else is behind GEVORKYAN’s success, and how does Artur Gevorkyan view the future of European industry?
Read the full interview in Hospodárske noviny: Gevorkyan: You Have to Have the Courage to Offer Solutions That Seem Impossible