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Russia, CIS remain traditional markets for Armenian brandy

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  • Russia, CIS remain traditional markets for Armenian brandy

    Russia, CIS remain traditional markets for Armenian brandy

    ITAR-TASS, Russia
    Nov 10 2004

    YEREVAN, November 10 (Itar-Tass) - Counties of the Commonwealth of
    Independent States (CIS) are still traditional markets for Armenian
    brandy, although products of Yerevansky Konyachny Zavod (Yerevan
    Brandy Plant) are supplied in minor quantities to Japan, the United
    States and Europe, the plant's director general Erve Karoff said.

    According to him, about 70 percent of the plant's products are sold
    in Russia.

    The plant's second largest sales market is Ukraine, third - Armenia.

    Brandy price rise in mid-2004 has not affected the sales volume, the
    director said. He pointed out that the price growth has been
    determined by the market situation.

    According to Karoff, the plant's sales volume will exceed four
    million litres this year, which will be slightly above last year's
    level.

    He also said the main part of grape purchases for Armenian brandy is
    made in Armenia. A small portion of grape has been purchased in
    Nagorno-Karabakh this year.

    Karoff said in 2005 Yerevan Brandy Plant will start a new line of
    products. The plant will change the trade dress of its products -
    bottles and labels.

    The changes will be made for the sake of market promotion. The new
    line of Armenian brandy Ararat will be presented in Russia, Ukraine
    and Armenia next spring.

    The plant general director said the changes are also made for the
    sake of fighting counterfeit. According to him, the volumes of
    counterfeit products has considerably dwindled since the plant was
    purchased by Pernot Ricard French group in 1998.

    Karoff recalled a number of illegal companies producing Armenian
    brandy in Russia were eliminated through court.

    The Yerevan Brandy Plant head said the strategy of the distillery is
    aimed at market promotion of its premium brandy - Akhtamar and VSOP
    Nairi. This year the plant has increased the sale of these very
    brands.
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