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Armbasalt Factory Expansion

Required investments


2 228 970 000֏

Cost of the project

7 839 906 000֏

EBIТDA Margin/profitability


Company’s Annual Sales

389 000 000֏-1 167 000 000֏

Share in the company if one invests the required money


Number of employees

Payback period

Min. ticket size $1,000,000 ֏480,000,000. The company is operational. *This section is for informational purposes only to provide communication between the Armenian entrepreneurs seeking financial resources and persons owning those resources. The information on this site does not constitute an offer to purchase securities. Specific investment mechanisms are not proposed, they will be discussed by the above mentioned stakeholders.

About company

ArmBasalt CJSC was established in 2014 and is engaged in the production of continuous basalt fiber in Armenia. The company possesses modern equipment and advanced technologies to produce continuous basalt fiber. It manufactures basalt roving to produce basalt rebar and reinforcing mesh, which surpasses metallic rebar and fiberglass rebar due to its technical characteristics. It also manufactures basalt fiber (chopped strands) and produces equipment to manufacture basalt rebars and reinforcing meshes. Nowadays, there is a demand in the market for the production of basalt tubes. Throughout the development of basic technologies, it is possible to inculcate the manufacture of a wide range of products, made of basalt, basalt canvas, and the application of the CBF in the automotive industry, aircraft industry, shipbuilding industry, as well as in the manufacture of bulletproof vests and other products.

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