Bankomat

SAV group expands its technological capabilities with support from Converse Bank

News|2026/09/16 20:02
SAV group expands its technological capabilities with support from Converse Bank

The company secured financing to purchase new equipment and expand production.

Founded in 2013, SAV group began operations with the goal of offering modern and efficient solutions for lavash production. Over the years, the company has studied market demand and producers’ needs, developed its own technological solutions and created proprietary equipment that is now in demand in the market.

According to the company, one of its standout solutions is a “two-in-one” model that allows the simultaneous production of lavash and bakery products. SAV group’s specialists are now also working on new projects aimed at improving production efficiency.

Financial support has played an important role in carrying out the company’s development plans and expanding its production capacity. To purchase new equipment and support further business growth, SAV group used Converse SME and Converse Leasing financing from Converse Bank.

Under Converse SME, financing is available in amounts of up to AMD 250 million or the equivalent in foreign currency, with repayment terms of up to 180 months. Under Converse Leasing, financing can reach up to AMD 1 billion or the equivalent in foreign currency, with terms of up to 84 months.

SAV group says it expects Converse Bank to remain a reliable partner in the next stages of development as well, supporting the company’s growth and expansion plans.

Share

Read also