Multi Group Stone
Multi Group Stone is an Armenian natural-stone mining and processing company specializing in travertine products.
Last updated August 31, 2026
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Overview
Multi Group Stone CJSC is an Armenian natural-stone company established in 2002 by Multi Group Concern in the city of Abovyan. Its activities cover the extraction, processing, and finishing of natural stone, with a particular focus on travertine. The company obtains stone blocks from its own quarry in the area of Ararat and processes them at a factory in Abovyan, giving it an integrated operating model that extends from raw-material extraction through finished architectural and construction products. The company’s production site occupies approximately 25,000 square metres, including an industrial building of about 4,100 square metres. Its manufacturing process includes the production and final treatment of travertine tiles and other stone products. Reported surface finishes include polished, honed, brushed, and tumbled treatments, allowing the material to be supplied for different design, construction, and architectural applications. Multi Group Stone identifies two principal travertine product types as Ararat Classico and Ararat Noce. These names indicate product lines associated with the company’s Ararat-area stone resources and form the clearest known part of its branded offering. Rather than operating primarily as a consumer-facing brand, the company functions as a quarrying and stone-processing enterprise serving building-materials and architectural markets. Beginning in 2004, Multi Group Stone exported products to several Western and regional markets, including the United States, Canada, Germany, and Russia. This export activity positioned the Armenian producer within international natural-stone supply chains, although the available reference material does not provide detailed sales figures, production volumes, customer names, distribution arrangements, or current market share. The company is associated with Multi Group Concern, which is owned by Armenian businessman and National Assembly member Gagik Tsarukyan. Publicly available reference material confirms the company’s founding, production activities, principal product names, facility locations, and export history, but does not establish its current operating status, leadership roster, website, financial performance, or ownership structure beyond that association.
History
Multi Group Stone CJSC was established in 2002 in Abovyan, Armenia, by Multi Group Concern. From its inception, the company was organized around the extraction and industrial processing of natural stone rather than around a retail or consumer-goods model. Its raw material is travertine, a building and decorative stone, obtained from the company’s own quarry in the area of Ararat. The company developed an integrated production chain. Blocks are extracted at the Ararat quarry and transported for processing at the factory in Abovyan, where the material is converted into tiles and subjected to final finishing. The reported production complex covers roughly 25,000 square metres, with an industrial building of approximately 4,100 square metres. This arrangement combines quarry ownership, manufacturing, and finishing within the same company structure. Multi Group Stone’s known product range includes the travertine varieties Ararat Classico and Ararat Noce. Its processing capabilities include polished, honed, brushed, and tumbled finishes. These treatments provide different surface appearances and textures for architectural and construction use, although the available source does not specify particular building projects, customer segments, or technical performance specifications. In 2004, the company began exporting its products to several foreign markets. The countries identified in the available reference material are the United States, Canada, Germany, and Russia. Exporting to these destinations marked an expansion beyond the Armenian domestic market and established Multi Group Stone as an internationally oriented supplier of Armenian travertine. The company is linked to Multi Group Concern, which is owned by Gagik Tsarukyan, an Armenian businessman and member of the National Assembly. The available material does not provide a documented chronology of later ownership changes, management appointments, plant expansions, acquisitions, financial results, or closure. Consequently, the company’s historical profile is best understood through its documented establishment, quarry-and-factory operating model, product lines, and export development.
Products and positioning
An Armenian quarry-to-finished-product natural-stone manufacturer focused on travertine extraction, processing, surface finishing, and export supply.
Travertine
Ararat Classico
Ararat Classico is one of Multi Group Stone’s two specifically identified travertine product types. It is produced within the company’s integrated quarrying and factory operation, which begins with extraction from the Ararat-area quarry and continues through tile manufacture and final surface treatment at the Abovyan plant. Available finishes include polished, honed, brushed, and tumbled treatments.
Travertine
Ararat Noce
Ararat Noce is a named travertine offering associated with Multi Group Stone’s Armenian stone-processing business. Like the company’s other reported travertine products, it is derived from stone quarried near Ararat and processed at the Abovyan factory. The company’s documented capabilities include producing tiles and applying polished, honed, brushed, or tumbled finishes, though detailed specifications and current availability are not stated.
Natural-stone building materials
Travertine tiles
Multi Group Stone manufactures travertine tiles as part of a full production cycle extending from quarry extraction to final processing. The factory in Abovyan handles tile production and surface finishing, with polished, honed, brushed, and tumbled treatments identified in the available reference material. The tiles are supplied as natural-stone products for architectural and construction applications, but specific dimensions and technical grades are not documented.
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