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Great Valley and Aygezard wine factory pull a fast one on farmers
ARMINFO
Friday, May 6, 19:21
Great Valley and Aygezard wine factory, Armenian brandy and wine
producers, owed 120 mln AMD to the farmers for grapes procurement of
2010 and have not paid the debt to the, so far, Deputy Agriculture
Minister of Armenia Samvel Galstyan said at a press conference in
Yerevan on Friday.
According to him, in 2010 these two companies made grapes procurement
but have not paid a debt worth 120 mln AMD yet. Galstyan pointed out
that the grapes processing enterprises purchased the grapes without
any specific contracts, therefore, the farmers cannot receive their
money.
At May 5 consultations with the heads of large agricultural processing
companies, Armenian President Serzh Sargsyan instructed these
enterprises to repay the debts within the next 10 days, said the
deputy minister. He said that the Yerevan Brandy Company is an example
of successful and long-term cooperation with farmers, and called on
the viniculturists to work on the contractual basis only.
To note, a total of 134.7 thsd tons of grapes were procured in 2010,
this indicator being by 5.5% higher than in 2009. Over 40 factories
took part in the procurement process.
From: A. Papazian
ARMINFO
Friday, May 6, 19:21
Great Valley and Aygezard wine factory, Armenian brandy and wine
producers, owed 120 mln AMD to the farmers for grapes procurement of
2010 and have not paid the debt to the, so far, Deputy Agriculture
Minister of Armenia Samvel Galstyan said at a press conference in
Yerevan on Friday.
According to him, in 2010 these two companies made grapes procurement
but have not paid a debt worth 120 mln AMD yet. Galstyan pointed out
that the grapes processing enterprises purchased the grapes without
any specific contracts, therefore, the farmers cannot receive their
money.
At May 5 consultations with the heads of large agricultural processing
companies, Armenian President Serzh Sargsyan instructed these
enterprises to repay the debts within the next 10 days, said the
deputy minister. He said that the Yerevan Brandy Company is an example
of successful and long-term cooperation with farmers, and called on
the viniculturists to work on the contractual basis only.
To note, a total of 134.7 thsd tons of grapes were procured in 2010,
this indicator being by 5.5% higher than in 2009. Over 40 factories
took part in the procurement process.
From: A. Papazian