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Dragsman Cement: plants, expansions, contracts and acquisitions · Endata

Dragsman Cement

Armenia CONSTRUCTION MATERIALS

Likely buyer ofSpecialty Chemicals Plastics and Polymers Industrial Textiles Mining Equipment Industrial Machinery Automation and Robotics+4 moreⓘ

Activity by year

1

20252026

Expansion

Announcements · 1

Nov 18, 2025EXPANSIONArmenia$5.00M40 jobs
Dragsman Cement plans new cement production line in Armenia
Dragsman Cement will invest AMD1.9bn (US$5.0m) in a new cement production line using imported equipment, increasing employment from 10 to 50 staff. The government approved a customs-duty exemption of AMD40.9m.
Dragsman Cement #Construction Materials cemnet.com

Sites · 1ⓘ

Site	Largest	Latest
Armenia	$5.00M	2025-11-18

Home market · Armeniaⓘ

Construction Materialsimports

$184.1M+8.9%/yr

Construction Materialsexports

$12.9M+12.5%/yr

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