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Machinery & Machine Tools

In terms of reality, Armenia can offer today for export quite competitive metal cutting and grinding machines. The traditions and capacities of high precision and programmed machine tool industry sector saved up to now make it possible to restart the production cycles. The most significant branches of Mechanical industry in Armenia are the production of electromechanical and machine tool equipment and tools production. The range of producing items in this sector includes also the variety of stone cutting and processing machine tools, components and spare parts.

HISTORY
Armenia was one of the main producers and exporters of electrical engineering products in the former USSR. High precision machine tools, power transformers, mobile power stations, alternators, hydraulic pumps, compressors, forklift trucks, forge-and-press equipment and instruments were exported to over 30 countries. The rapid progress of this industry was achieved after the World War II. A significant number of large and middle size machine-tool works were set up and developed. The first milestones of the high precision machine manufacturing were also developed during the same period.

Machinery was the most rapidly developing branch of Armenian industry up to the radical changes of 1988. The statistical data of 1978 stated the pick-point of growth in this branch 26.8 times that of the whole Armenian industry. In later Soviet period, the mechanical industry in Armenia was progressing more successfully than this branch of Soviet industry in general.

YerFrez
OJSC


Contacts Company Profile
Country: Armenia
City: Yerevan
Postal Code: 375014
Address: 60 Komitas Street
Phone:
374(1) 231 421, 530 156
Fax:
374(1) 530 156
President:
Mr. Edvard Grigoryan

Type of business: Machinery & Machine Tools
Established in: 1956
Privatized in: 1996
Legal status: OJSC
Ownership/Private (%): 100
Number of employees: 180
Total area (sq.m): 42000
Specialization: The Company specializes in the production of digital programming machines, milling machines with digital equipment, and desk milling machines. It was one of the main milling machinery suppliers of the former Soviet Union and Eastern Europe trading with Germany, Poland, Egypt, Iran, Syria, and other countries in Europe, Asia, and Latin America. At present the main export countries are Iran, Bulgaria and Greece.


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