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Yerevan Brandy Company To Sell Armenian Brandy In France

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  • Yerevan Brandy Company To Sell Armenian Brandy In France

    YEREVAN BRANDY COMPANY TO SELL ARMENIAN BRANDY IN FRANCE

    ARMENPRESS
    Jul 6, 2007

    YEREVAN, JULY 6, ARMENPRESS: The French-owned Yerevan Brandy Company
    (YBC) sold in 2006-2007 financial year (it lasts from July 1 to
    next year's June 30) 3,650,000 liters of its products, reporting a
    4 percent growth from a year before.

    YBC's major markets are in Russia, Ukraine and Belarus and in the
    Baltic countries. The growth in Russia was lower than expected because
    of Russia's introduction of new excise stamps.

    The former chief manager of YBC, Erve Karoff, who passed the job to
    Sedrik Retaiion, told a news conference on July 5 that the company
    was very pleased with growth in production of Premium and Super types
    of drinks which rose 14 and 15 percent respectively.

    He said together they made 32 percent of all sales.

    According to him, Nairi brand of brandy is becoming very popular
    in Armenia itself. He said YBC sells today its produces in 20
    countries. It is selling its products also in the USA. Armenian brandy
    is sold also in Poland, Romania, Bulgaria. Small batches were sent to
    Israel and Singapore and soon Armenian brandy will be sold in France.

    The YBC bought last year 28,000 tons of grapes in Armenia and 2,200
    hectoliters of spirit in Nagorno-Karabakh.
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