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YEGHVARD SPORT SHOES FACTORY was built in 1985-1987, and began its production activities since 04/01/1987. – on the basis of the supplement to the License Agreement No. 73/78817, signed between the company “ADIDAS” and the All-Union Association “Licensintorg” dated on 07/18/1985 with the aim to produce sports shoes (several models approved: “Olympia-88”, “Brest”, “Tennis-Comfort”, “Return-Comfort” and “Brussels”) at the Yeghvard factory in the Republic of Armenia. On the basis of the License Agreement of the USSR State Planning Commission, the USSR Ministry of Commerce allocated appropriate freely convertible currencies for purchase from foreign companies, and through the All-Union associations Tekhnopromimport, Stankoimport, Ecoportlen, Tech-Mashimport and others – a complete set of equipment for the production of sports shoes’ different models with the necessary accessories, with a capacity of up to 200 thousand pairs per year.

IN ADDITION, a complete set of equipment for non-waste production of plastic film and products made from it was purchased, in particular, plastic packages with four-color photopolymer printing with the logo of “Adidas” and others, with a capacity of up to 1000 tons per year.

500

AVAILABLE RANGE

100%

QUALITY GUARANTEE

30

YEARS IN THE MARKET

Equipment

իIn total, imported equipment worth $ 7.8 million was purchased for the factory.

Installation of the purchased equipment was carried out in the presence of representatives of Adidas, Desma, Schön, Lemo, Pfaff, Bayer, Elastogran, Stelk and other firms, under the direct supervision of Yeghvard factory together with a specialist from the company “Adidas”.

From 1987 to 1991, the factory successfully cooperated with Adidas, within the frames of a License Agreement on all issues we systematically received the necessary technical documentation, technical and constructive assistance in organizing production.

Based on the License Agreement, our specialists have repeatedly visited various enterprises of the Adidas company (licensor) in Austria and Germany for the purpose of training.

The total occupied area of the factory is 37000sq. m., including one-story industrial buildings – 5000 square meters, storage space of 2000 square meters, auxiliary and administrative premises – 1500 square meters, as well as two buildings of 1000 square meters in unfinished form.

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