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Yerevan Brandy Company Plans To Purchase 32.000 Tons Of Grape In 200

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  • Yerevan Brandy Company Plans To Purchase 32.000 Tons Of Grape In 200

    YEREVAN BRANDY COMPANY PLANS TO PURCHASE 32.000 TONS OF GRAPE IN 2009

    /PanARMENIAN.Net/
    10.09.2009 18:45 GMT+04:00

    /PanARMENIAN.Net/ This year, Yerevan Brandy Company is planning to
    purchase 32 thousand tons of grape, which is 1000 tons more compared to
    previous year, YBC Executive Director Ara Grigoryan told journalists
    in Yerevan. "Investment planned for this purpose will amount to 4
    billion Drams" he said.

    The company had previously intended to purchase 31 thousand tons of
    grape, but considering the country's social situation it decided to
    purchase 1000 tons more, Executive Director said. According to him,
    there is currently demand for 60 thousand tons, but company is not
    technically capable of purchasing that quantity.

    "Recognizing its responsibility and role of a sphere leader, YBC
    remains true to its 5000 grape growers," Grigoryan said. Grape purchase
    campaign will start on September 16 in Armavir branch and then continue
    on September 18 and 28 in Aghavan and Tavush branches. Established
    prices per kilogram is AMD 130 for Armavir and Aygavan regions and AMD
    120 - for Tavush branch. As noted by Executive Director, per kilogram
    price in 2008 comprised AMD 140 in Armavir and Aygavan branches and AMD
    130 - in Tavush branch. "Grape purchase is a commercial transaction
    where price depends on volumes. Market currently offers AMD 100-110
    per kilogram. Considering our responsibility to farmers as well as
    the social factor we offer our partners a higher price," he noted.
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