YEREVAN, November 11. /ARKA/. Alex Home Furniture, with over twenty years of history, offers consumers multifunctional and stylish furniture for fully furnishing apartments. Furniture production is carried out in a closed-loop cycle: the furniture is created from start to finish in the company’s automated production facility.
Acba Leasing, a leader in the Armenian leasing market, is the production partner, and with its support, Alex Home Furniture’s production facility was equipped with the best European equipment and became fully automated. As a result, the company saved approximately €6,000 per year over four years: raw materials worth this amount were damaged only during transportation.
“Our family business was founded in 2004 by my father. At that time, the company was a small workshop with three employees in the first semi-basement of a public building. Naturally, there was no automation; we started with a few machines. “The entire level of production we have today was formed with the participation of Acba Leasing. Without Acba Leasing, we would be a run-of-the-mill, non-automated, simple production facility that has no long-term future in today’s reality. What we produce—our cabinet furniture—no longer works without automation. We wouldn’t have achieved what we have today without Acba Leasing and financing. Acba Leasing is a reliable partner; I’ve never had any unanswered questions or unresolved problems. The responsibility between the two partners is very important to us, something I’ve always seen and appreciated,” noted Alexander Alexandryan, founder of Alex Home Furniture.
In the near future, the company plans to expand and begin construction of a new production facility.
Acba Bank is a 100% shareholder of Acba Leasing.
Acba Leasing is controlled by the Central Bank of Armenia.
