Wed, 17 September
19.1 C
Yerevan
USD: 383.12 RUB: 4.63 EUR: 452.35 GEL: 141.48 GBP: 522.04

Metalworking plant with unique equipment established in Armenia with the support of Acba Leasing (video)

YEREVAN, January 10. /ARKA/. Eldesco Company has opened a metalworking plant in Armenia with unique equipment, capable of manufacturing structures of any complexity, as well as various metal products.

The company’s production facility is equipped with the best and most powerful equipment available on the market, which allows automating the work process from metal acceptance to finished products, all under one roof.

The company’s partner is Acba Leasing, with the support of which the equipment capable of ensuring the best quality was purchased.

“The production is new, the selection of equipment took about a year. It was difficult, there was no experience, there was no similar practice in Armenia. We tried to create the concept of the plant  together with local and foreign specialists. The plant operates on a fully closed cycle. The whole way from metal production to the final product is realized here. All equipment was manufactured in 2022 and 2023. With the support of Acba Leasing we were able to purchase the full set of equipment. A unique company has been created in Armenia, which is able to fully cover the most complex and market-demanding tasks in the field of sheet metal processing,” says Vahe Parsamyan, the owner of Eldesco

Two years ago, Eldesco had  decided to engage in growing artificial crystals. Now  it is working on crystals related to  metal parts.

Acba Bank is a 100 percent shareholder of Acba Leasing. Details are in the video. Acba Leasing is controlled by the Central Bank of Armenia. -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img