YEREVAN, October 8. /ARKA/. The wine and brandy factory based on Golden Grape ArmАs a company with Italian capital that was established in 2007 in Aragatsotn province’s Kosh village will start operating in Armenia soon, Hayk Mirzoyan, chief of Armenian economy ministry’s industrial policy unit, said on Monday.
He told journalists that the government had supported the company by granting it VAT payment deferment.
Now on the company has 400,000 vines planted on the 200 hectares belonging to it and more than 7,500 apricot, peach, apple and plum trees.
The factory is expected to process about 1,000 tons of grapes a year at the initial stage of its functioning.
The first batch of red and white wine is planned to be released in May 2013, and the first brandy will be produced three years later under ArmAs trademark.
The company intends to develop the winery and the adjacent territory into an agricultural tourism destination.
A small hotel is already built here. The second store of this hotel is designed for a restaurant overlooking vineyards and tasting room for guests.
Guided tours for tourists will began already in the next year’s summer.
The company also intends to embark on construction of a cannery within two years to produce jams, juices and dry fruits here. -0-