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ASCE GROUP OJSC

ISIN: AMASGRS10ER6 | Ticker: ASGR

About ASCE GROUP OJSC

Company Description

With the continuous development of the construction sphere in RA, it was required to meet the demand for imported steel rebars with domestic production. For that purpose “ASCE GROUP” Open Joint-Stock Company based on “HayAvto” AM Charentsavan “Avtodzul” factory started the production of steel preforms for the further production of rebars in 2007. Along with the global economic crisis mitigation in 2011, the Company signed contracts with “Siemens VAI” to upgrade the Company with new molding and rolling equipment for steel rebars’ production and the modernization of existing equipment.

Year founded

2007

Served area

Europe

Shareholder information

Shares outstanding

62,923,840

IPO

April 30, 2020

Stock exchange(s)

Armenia Securities Exchange

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