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Lithuanian exporters expect breakthrough in Armenian market

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  • Lithuanian exporters expect breakthrough in Armenian market

    Baltic News Service / - BNS
    November 27, 2014 Thursday 9:01 AM EET

    Lithuanian exporters expect breakthrough in Armenian market


    VILNIUS, Nov 27, BNS - While Armenia, with a population of three
    million people, will not become an alternative to Russia, Lithuanian
    food industry companies see a market for their own-branded products in
    the country and there is also a potential for food equipment, timber
    and construction industry companies, the business daily Verslo Zinios
    reported on Thursday.

    Lithuanian food and beverage companies say that a business mission to
    Armenia surpassed their expectations.

    "It is difficult to establish contacts there without help. Armenians
    do not answer emails, especially if there was no direct contact.
    During that visit, meetings were arranged for us with the four largest
    retail chains and 25 largest food and beverage importers," Giedrius
    Bagusinskas, director of the Lithuanian Food Exporters' Association,
    told the paper.

    "It happened that our delegation was the first to meet with the French
    retail chain Carrefour, which is launching operations in Armenia," he
    said.

    It is possible for Lithuanian companies to enter the Armenian market
    with their own brands, especially those that are already on the
    shelves of stores in the CIS, the director said.




    From: A. Papazian
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