Ararat Cement
 | The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (July 2021) |
| Type | Closed Joint-Stock Company |
|---|---|
| Industry | Cement |
| Founded | 1927 |
| Headquarters | , Armenia |
| Products | Portland cement |
| Owner | Multi Group Concern |
| Website | Official website |
Ararat Cement Factory CJSC, is one of two companies in Armenia producing Portland cement. It is owned by Gagik Tsarukyan's Multi Group Concern. Founded in 1927 during the Soviet era near the present-day town of Ararat, gave its first production in 1933. The plant operated as a state-owned factory until 2002 when it was privatized and sold to Multi Group Concern.
Massive investments and modernization process were run after the privatization, allowing modern technologies to be installed at the factory. It was later granted an ISO-2001-2002 international certificate.[1] In July 2026, the factory was nationalized and is again state-owned. [2]
References
[edit]- ↑ "About Ararat Cement". Ararat cement official website. Retrieved 2009-08-24.
- ↑ "Nationalization of the Ararat Cement Factory".