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.
