 The Charentsavan machine-tools plants is still operating as a state-owned enterprise.New industrial plants were also opened in tho town such as the "Khorda" Hydroturbines Manufacturing Enterprise founded in 2006, the "ASCE Group" steel casting enterprise opened in 2013 and the "Lubawa Armenia" Armenian-Polish enterprise for safety and military equipments products founded in 2014.The Chamber of commerce and industry of Kotayk Province opened in 2002, is based Charentsavan.