Multi Group Stone CJSC was established by "Multi Group Concern" in 2002 in

Abovyan Abovyan or Abovian ( ) is a town and urban municipal community in Armenia within the Kotayk Province. It is located northeast of Yerevan and southeast of the province centre Hrazdan. As of the 2022 census, the population of the town was 46,434 ...

city,

Armenia Armenia, officially the Republic of Armenia, is a landlocked country in the Armenian Highlands of West Asia. It is a part of the Caucasus region and is bordered by Turkey to the west, Georgia (country), Georgia to the north and Azerbaijan to ...

. The company is involved in minerals mining and processing, i.e. the mining of blocks of natural stone,

travertine Travertine ( ) is a form of terrestrial limestone deposited around mineral springs, especially hot springs. It often has a fibrous or concentric appearance and exists in white, tan, cream-colored, and rusty varieties. It is formed by a process ...

, at the own quarry ( Ararat city) and the whole cycle of manufacture and final processing of tiles at the factory (

city). The plant occupies a territory of about 25,000 m² (270,000 sq.ft.). The industrial building is about 4,100 m² (44,000 sq.ft.). The main types of travertine products are "Ararat Classico" and "Ararat Noce". Since 2004 the company exports its products to several western countries including United States, Canada, Germany and Russia. Products include polished, honed, brushed and tumbled stones. "Multi Group Concern" is owned by the Armenian businessman and member of the National Assembly

Gagik Tsarukyan Gagik Kolyayi Tsarukyan (), also known as Dodi Gago (), is an Armenian businessman, politician, and former athlete. Tsarukyan is the founder and leader of the Prosperous Armenia political party. He also owns various large-scale businesses and is b ...

References

{{reflist Companies of Armenia Armenian companies established in 2002 Manufacturing companies established in 2002