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Main priorities of 2018 were development of the top-class Powder Metallurgy Technology (sintering – PM) and development of unique Metal Injection Moulding (MIM), which is not used in Slovakia and in surrounding states, only in GEVORKYAN. The company realized many investments to production technologies, research laboratory and software equipment of R&D department. This improvement eliminated the number of potential faults and reduced necessary time for realization of new project. Department of robotic automation was enlarged, which eliminated unnecessary manual work and increased production effectivity. The company reached positive results with Hot Isostatic Pressing (HIP), which is a process of densifying cast and sintered parts by high pressure and high temperature up to 100%. It regularly uses 3D printing technology for production of plastic spare parts at the R&D department, which constantly eliminates possible downtime and shorten the necessary delivery time of original spare parts. In 2019, the company launched the AM technology for printing of metal components. 

It plans to strengthen its position of a leading innovative producer in PM field and to continue developing complex products with high added value, to diversify its range of products by developing MIM technology and expand to another segments of industry.

Revenues and investments: