Artur Gevorkyan (source: Lukáš Klčo )
After Mikhail Gorbachev came to power in the Soviet Union in the late 1980s, efforts towards independence intensified in Armenia. During the ensuing conflict, Moscow disconnected Armenia from electricity and gas.
Armenian Artur Gevorkyan was serving in the Soviet Army when these geopolitical changes began. As a newly-qualified aviation officer, he decided to quit the army and left for Ukraine. From there, he moved to Slovakia where over more than 25 years he has built up a company. The firm, which bears his name, specialises in powder metallurgy.
The Gevorkyan company’s strong position on the market is reflected not only in its continuously growing sales, but also its list of customers. These include engineering companies such as Linde, Komatsu and Siemens, as well as fashion houses like Yves Saint Laurent and Versace. The firm manufactures custom-made products from metal powders for them, from buckles to decorations.
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In addition, Gevorkyan is the first Slovak company to enter the Prague Stock Exchange (on the Start platform) - it has received almost €30 million from investors to expand production capacity and buy new machines and robots.
From Ukraine to Slovakia
When the war for Nagorno-Karabakh broke out in the 1990s, Gevorkyan relocated from Armenia to Ukraine. In Kharkiv, near the border with Russia, he set up a factory producing magnets using powder metallurgy.
It was the first private factory in Ukraine that began to compete with Russian state giants. The first magnets were used in shaving razor blades, others ended up in toys, automobile starters, and kitchen appliances.
