Multi Group Stone CJSC was established by "Multi Group Concern" in 2002 in Abovyan city, Armenia. The company is involved in minerals mining and processing, i.e. the mining of blocks of natural stone, travertine, at the own quarry (Ararat city) and the whole cycle of manufacture and final processing of tiles at the factory (Abovyan city). The plant occupies a territory of about 25.000 m2 (270000 sq.ft.). The industrial building is about 4.100 m2 (44.000 sq.ft.). "Multi Group Concern" is owned by the Armenian businessman and member of the National Assembly Gagik Tsarukyan.