Gevorkyan celebrates four years on Prague Stock Exchange
Gevorkyan a.s., headquartered in Vlkanová, Slovakia, has shared an update to mark four years since its listing on the Prague Stock Exchange (PSE). The company stated that the move enabled it to expand through the acquisition of businesses in Sweden in 2023 and Poland in 2024.
In 2025, the company expanded its workforce and established the subsidiary Gevorkyan Force Defence, strengthening its access to the Polish market, including the defence industry. In 2026, the company further expanded its European presence with a new production plant in Italy, creating synergies across its existing and new customer portfolios.
“We are pleased that in 2022 we entered the START Market of the Prague Stock Exchange, where, despite the outbreak of the conflict in Ukraine, we raised capital from investors in a record amount of almost EUR 28 million,” stated Dipl.-Ing. Artur Gevorkyan, Chairman of the Board of Directors of Gevorkyan. “Four years have passed quickly. During this period, we moved to the PRIME Market, revenues increased by more than 40%, EBITDA by more than 60%, and the EBITDA margin has remained stable at around 30%, reaching the level of some of the world’s largest businesses. This confirms the correctness of our long-term investments in capacity expansion and process efficiency through robotisation, AI and other technologies.”
“When we entered PSE, we did so as the first Slovak company on what was, de facto, a foreign stock exchange. Yet from the very beginning, we felt accepted and aligned in values. For this, we would like to thank not only our investors, but also the entire team of the Prague Stock Exchange for their professional and open approach,” added Gevorkyan.
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