Mankan LLC – Children’s Toys Production / Inecobank

Founded in 1992, Mankan LLC has grown from a modest workshop with just one sewing machine and a few plush toy models into one of Armenia’s most beloved producers of children’s toys. Over the years, the company has continuously expanded and improved its production capacity, releasing more than 100 types of toys—ranging from classic plush toys to interactive and functional playthings designed to inspire creativity and joy in children.

Mankan’s production site, located in Yerevan, is equipped with modern facilities that enable the company to meet both domestic and international demand. The company has developed the capacity to accept large-scale orders from abroad and is proudly contributing to Armenia’s export potential through the delivery of high-quality, locally made products. Its commitment to innovation, safety, and quality has helped maintain a strong reputation for both the brand and the country.

To further enhance its sustainability and operational efficiency, Mankan LLC recently invested in a rooftop solar photovoltaic station with a capacity of 67.65 kW. This investment, supported by a loan through the EU4Business-EBRD Credit Line and the EU grant allowed the company to reduce its energy costs, decrease dependency on external power sources, and lower its environmental impact—aligning with EU Directive 2018/2001 on renewable energy and contributes to reducing greenhouse gas emissions

Mankan also takes pride in giving back to the community. Beyond business, the company actively participates in charity events and strives to stay close to children and their needs. As the company continues to grow, it remains a family-oriented enterprise, driven by values of love, care, and responsibility. Today, Mankan is not just a brand—it’s a symbol of Armenian craftsmanship and compassion.