INOVATO.sk: We are a technology leader who is going our own way. Our ambition is not just to grow, but to set standards in the segment.
- monikaerdely
- 5 days ago
- 2 min read
13.08.2025
GEVORKYAN is not a classic company that just fulfills orders. It is a company that goes its own way. The technologies it uses are now mastered by only a few players in the world. Its ambitions are ever greater – not only to grow, but to set standards in the entire segment. Behind all this is Artur Gevorkyan. The man who started as a military aviation engineer, went through emigration, business in several countries and today leads a company that is respected abroad.
GEVORKYAN is off to a strong start in 2025. In the first quarter, it achieved sales of EUR 20.88 million, representing a year-on-year growth of more than 11%. EBITDA exceeded EUR 8.35 million with a margin of just under 40%, profit after tax increased by more than 26%.
These numbers are no coincidence. The company, founded by military aerospace engineer Artur Gevorkyan, is a world-renowned leader in powder metallurgy. It produces cutting-edge components for a variety of industries – from 3D printers to aerospace and food to defense.
In recent months, GEVORKYAN has won nine new defense projects for the European and American markets and launched serial production for a €30 million order. Despite the difficult geopolitical situation and energy challenges, the company continues to invest, innovate and expand – including planned acquisitions in Italy.
"We are interested in everything except the automotive industry. From components for 3D printers, through the food sector, to the defense industry. The arms industry is currently our priority. As for acquisitions, we plan to close the purchase of two Italian factories by the end of the year, with advanced negotiations already underway in one case," said Artur Gevorkyan, Chairman of the Board of Directors.
Read the full article published on INOVATO :
Organic growth through acquisitions - What companies or sectors are currently of most interest to Artur Gevorkyan?
The expansion of arms projects is a response to today's geopolitical environment
Digitalization and automation - how do these trends help in production and increase efficiency?
Link to the interview
Source: INOVATO.sk
Media contact:
Mgr. Monika Erdely, Marketing Manager, marketing@gevorkyan.sk