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Yerevan Brandy Company Purchases 31,000 Tons Of Vintage In 2008

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  • Yerevan Brandy Company Purchases 31,000 Tons Of Vintage In 2008

    YEREVAN BRANDY COMPANY PURCHASES 31,000 TONS OF VINTAGE IN 2008

    ARKA
    Nov 11, 2008

    YEREVAN, November 11. /ARKA/. Yerevan Brandy Company (YBC) has shown
    record-high result of grape procurement, reported Naira Tovmasyan,
    PR manager of the company.

    Combining their efforts, the company's three branches in Armavir,
    Tavoush and Aigavaz this year ensured 100% of the planed 31,000 tons
    of vintage - 7% increase compared to 2007, she added.

    The company's branches in Armavir and Aigavaz ensured 46% if the
    purchase order each, but harvest was relatively poor in Tavoush region
    (2,100 tons) this year due to frosts.

    This year the average procurement price of grape set by YBC branches
    was 147 drams per kilo, with the company's budget on procurements
    totaled US$15.2mln, Tovmasyan said, adding YBC aims at leaving ample
    reserves of cognac alcohol.

    YBC has been cooperating with farmers on a legal basis, having
    contracts with 5,500 grape growers.

    Trying to introduce innovations in grape growing, the company has set
    up a number of experimental vineyards to make lands more fertile by
    using methods affordable for the farmers.

    Established in 1887, YBC was modernized in 1953. In June 1998, the
    company became member of Pernod Ricard, the world's second leading
    supplier of prestigious spirits and wine brands. Ararat bandy is a
    YBC brand.
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