YEREVAN, August 14. /ARKA/. Aram Mnatsakanyan started his entrepreneurial journey by producing high-quality mattresses about 20 years ago.
Initially, Aram worked on a mechanical machine he built himself, which still holds a special place next to the latest equipment.
Over the years, Aram has expanded production volumes, equipped it, and automated the entire mattress manufacturing process.
Today, Aram Mnatsakanyan's company, Royal Mattresses, produces about 30 types of mattresses, ranging from economy class to orthopedic, as well as various bedding items, blankets, and covers.
In the course of its development, Royal Mattresses has partnered with Akba Bank and the leasing market leader Akba Leasing, with whose support the company is expanding and equipping its production with the latest technology.
“Initially, we decided to produce spring systems for soft furniture, and it all started with the story of that one spring, which later transformed into mattress production, bedding items, and beds. Over time, as production volumes grew, the need arose to automate all processes. At this stage, our partner became Akba Bank, with which we continue to work today. Years later, we also began collaborating with Akba Leasing, with whose support we acquired several machines,” says Aram Mnatsakanyan, director of Royal Mattresses.
Currently, Royal Mattresses has four showrooms in Yerevan and Vanadzor. The company continues to develop its production and expand its activities.
The bank is regulated by the Central Bank of the Republic of Armenia.
