Technologies
Powder Metallurgy [PM Sinter]
Sintering-classical powder metallurgy is the production of metal products from powders by pressing and subsequent high-temperature sintering in furnaces.
Metal injection moulding [MIM]
This technology is based on three basic processes: selecting the right combination of metal powders and polymers, injecting the material into the mould and sintering in special furnaces.
Hot isostatic pressing [HIP]
Hot isostatic pressing is the process of compacting powders or castings and sintered parts in a furnace at a high pressure and temperature.
Additive manufacturing [AM]
Additive manufacturing is the deposition of fine layers of metal powders on a 3D printer followed by sintering.
Why Invest in Gevorkyan
Gevorkyan offers a compelling investment opportunity in the growing powder metallurgy sector. With a strong market position, proprietary technologies, and a focus on custom-engineered solutions, we are well-positioned to capitalize on industry trends such as sustainable manufacturing.
We are focused on expanding our product portfolio, entering new markets, and leveraging partnerships to drive growth. Our investments in robotisation and new technologies are expected to deliver significant value in the coming years.
Profitable Revenue Growth
Long-term Contracts
Technological Leadership
Strong and improving Margins
Global
Expansion
Green
Initiatives
Revenue growth (2024)
EBITDA margin (2024)
2026 contracted revenues
Investor Resources
2024 and 2023 in accordance with IFRS standards; 2022 in accordance with Slovakian GAAP
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Revenue | €75.69M | €60.77M | €45.52M |
| EBITDA | €26.37M | €20.77M | €18.21M |
| Net Income | €3.79M | €3.83M | €3.45M |
Stock Performance
Development of shares of the company Gevorkyan on the Prague stock exchange. Updated daily.
Shareholder Structure
As of 31 December 2024
| Artur Gevorkyan | |
| Jeremie Fund | |
| Versute BHS Fund | |
| Free Float, of which | |
| ― Institutional investors | |
| ― Private investors |
Latest News
GEVORKYAN, a.s. as a new frontier in precision parts for the fireams industry
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MILMAG: GEVORKYAN – European leader in powder metallurgy technology at MSPO 2025
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GEVORKYAN, a.s. to Release 2Q25 Results on September 17, 2025
Read GEVORKYAN, a.s. 1H 2025 reportand other documents
Management
Artur Gevorkyan
Chairmain of the board
Artur Gevorkyan, a military aviation engineer, founded GEVORKYAN a.s., a global leader in powder metallurgy. His entrepreneurial journey began in Ukraine in 1991, where he established Ukraine’s first private manufacturing plant. Recognizing the potential for greater growth, Artur relocated to Slovakia in 1996, where he laid the foundation for GEVORKYAN. Today, the company is renowned for its innovation, achieving an annual growth rate of 20-30%. Artur’s strategic vision continues to drive the company’s success and appeal to international investors.
Andrej Bátovský
Chief Financial Officer
Andrej Bátovský serves as the CFO and Chairman of the Supervisory Board at GEVORKYAN. He played a pivotal role in the company’s successful listing on the Prague Stock Exchange, marking the largest IPO on the PX Start market with a volume of approximately 29 million euros. Rising through the ranks from humble beginnings, Andrej’s leadership and financial acumen were recognized when he was named CFO of the Year 2023. This prestigious award celebrates his exceptional contributions to modern financial management, talent development, innovation, and sustainable business practices.
FAQ
How to invest in Gevorkyan?
Where to Find Gevorkyan Stocks
Prague Stock Exchange (PSE)
- Instrument Name: GEVORKYAN
- Short Name/Ticker: GEV.PR
- ISIN Number: SK1000025322
- Currency: CZK
Bratislava Stock Exchange (BCPB)
- Instrument Name: GEVORKYAN
- Short Name/Ticker: GVR
- ISIN Number: SK1000025322
- Currency: EUR
Some Brokerage Firms for Investing in Gevorkyan:
Patria.cz | LYNX | Interactive Brokers | BH securities | Fio banka | J&T BANKA
What reporting standards does GEVORKYAN adhere to?
GEVORKYAN prepares its financial statements in accordance with the International Financial Reporting Standards (IFRS) as adopted by the European Union.
What are GEVORKYAN's recent strategic acquisitions?
GEVORKYAN has integrated operations from Altha and SKF, transferring business operations from competitors in Italy to Slovakia. These acquisitions are expected to contribute EUR 12–14 million in additional annual revenue.
What are GEVORKYAN‘s sustainability activities?
GEVORKYAN has issued green bonds to invest in environmentally friendly technologies and installed photovoltaic panels covering approximately 25% of their total energy consumption.
What is GEVORKYAN's financial outlook for the upcoming years?
GEVORKYAN projects revenue growth from EUR 82.5 million in 2025 to EUR 121.8 million by 2029 and aims to increase EBITDA up to EUR 38.88 million during the same period.
Does GEVORKYAN have any outstanding bonds?
Yes, in October 2024, GEVORKYAN placed a second tranche of green bonds worth EUR 7.5 million. For more information see Debt&Bonds section.
Does GEVORKYAN have any financial covenants?
Yes, GEVORKYAN has covenants including a Net Debt/EBITDA ratio of less than 5 and compliance with other financial metrics. For more information see Debt&Bonds section.
What is GEVORKYAN's free float?
As of December 31, 2024, GEVORKYAN’s free float was 17%.