Vlkanová, Slovakia – GEVORKYAN, a.s., global leader in powder metallurgy announces that it has won a major tender with a European arms manufacturer.
"It is a satisfaction for us, as a total of 8 renowned companies from Europe and the US participated in the tender, and the tender conditions were very demanding," says the Chairman of the Board of Directors, Dipl. Ing. Artur Gevorkyan.
"These are long-term contracts for a wide range of parts, worth of approximately 31 million Euros. Such a large contract needs immediate production capacity that we have through Prague Stock Exchange IPO investments. In today's difficult international situation, long-term contracts with arms manufacturers ensure the stability of the company and provide potential for continuing development."
"Portfolio diversification, which has been part of our strategy for decades, has borne its fruit again today. I just want to emphasize that our products are not designed to harm people and we will stay with this principle," adds Andrej Bátovský, the company's CFO.
Contact person for media:
Ing. Miroslav Dobrota, Marketing Manager,
Disclaimer:
This press release contains forecasts of future developments and statements of expectations, which may be affected by risks and uncertainties. Actual results may differ.
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