Russian media report on Armenian brandy sparks reaction from Armenian Economy Ministry

|

|

USD

368.06

EUR

426.84

RUB

5.0357

GEL

138.76

20.08.2024, 12:00

A recent publication in Russian media has raised concerns regarding the quality of Armenian brandy sold in Russia

Russian media report on Armenian brandy sparks reaction from Armenian Economy Ministry

YEREVAN, August 20. /ARKA/. A recent publication in Russian media, based on a "joint study by the International Anti-Counterfeit Association and the Union of Brandy, Alcohol, and Spirits Producers," has raised concerns regarding the quality of Armenian brandy sold in Russia.

According to the study, 200 samples of brandy from over 20 brands produced by 10 of Armenia's largest manufacturers were purchased from stores in Russia’s retail chains. These samples were analyzed by an independent laboratory at the All-Russian Research Institute of Brewing, Non-Alcoholic, and Wine Industry. The results, as reported by Russian state news agency TASS, indicated that 177 of the samples (89%) showed violations, with nearly half containing non-grape-derived spirits. Only 23 samples fully met the Russian state standards and legal requirements.

Responding to an ARKA inquiry, the Armenian Economy Ministry stated that they have not yet received any official notification. The Ministry indicated that they will address the matter further once they have reviewed the necessary information.

#ARMENIAN BRANDY

Moody's Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

17.06.2026 18:10

VTB (Armenia): Instant transfers to Russia are becoming increasingly popular

Retail clients of VTB (Armenia) continue to actively use the free transfer service to MIR cards of Russian recipients. Over the past six months, transfer volume has grown by 40%.

17.06.2026 16:49

PPLS Rooms Co-living and Villa3 Community Hub Open in Dilijan as Part of Green Rock’s Mixed-Use Development

Two new projects — PPLS Rooms Co-living and Villa3 Community Hub — have officially opened in Dilijan.

17.06.2026 16:44

''Do not trust your eyes’’: IDBank warns about fraud using deepfakes

A new, extremely dangerous type of fraud has spread in Armenia, in which fraudsters use artificial intelligence to copy the appearance and voice of your relatives, friends, or colleagues.

17.06.2026 00:11

Central Bank of Armenia kept the key interest rate at 6.5%, balancing risks — Galstyan

The Board of the Central Bank of Armenia has decided to keep the refinancing rate at 6.5%, as this is the optimal solution at this stage given the existing risks, stated Central Bank Chairman Martin Galstyan.

16.06.2026 17:58

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

16.06.2026 12:32

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

16.06.2026 11:54

Suebar: Natural Dried Fruits and Sugar-Free Candies from the Ararat Region

For three years now, in the village of Qaghtsrashen in the Ararat Region, Suzanne Barseghyan has been producing natural, delicious dried fruits and candies made from dried fruits using a special recipe.

15.06.2026 18:21