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Yerevan Brandy Company to purchase 30,000 tons of grape in 2017

07.09.2017, 11:17
The Yerevan Brandy Company (YBC) said today it will start the grape purchasing process on September 15th in Armavir branch (Armavir region).
Yerevan Brandy Company to purchase 30,000 tons of grape in 2017
YEREVAN, September 6. /ARKA/. The Yerevan Brandy Company (YBC) said today it will start the grape purchasing process on September 15th in Armavir branch (Armavir region). The Aygavan branch of the factory (Ararat region) will join the process on September 16th. The date of starting the grape purchasing in Berd branch (Tavush region) is to be announced, the French-owned company said in a press release. 

‘Taking into consideration the importance of viticulture in the near-border territories of Tavush, YBC expressed readiness to buy the entire harvest from grape growers of near-border villages, the grapes of which correspond to the quality standards of YBC,’ it said.

According to the press release, this year Yerevan Brandy Company will purchase 30,000 metric tons of grape allocating 4 billion drams for it.  

Continuing the well-established approach of on-time payments, this year YBC will pay each grape grower within 3-4 banking days after the grape delivery. The purchasing price for 1 kg of grapes is 130 AMD for all the branches. It is worth noting, that the purchasing price for the previous years in Berd branch was 10 drams less, since the sugar level of grapes in Tavush region is lower.   

This year as well, the company is continuing the program for providing pesticides on credit basis, the total costs of which total 266 million AMD. It should be noted that within the scope of the program the villagers cooperating with the company can have all the necessary pesticides on credit with no interest on condition of covering the amount during the grape purchasing. 

Yerevan Brandy Company continues the program of long-term contracts established in 2013, the total number of which is currently 453. 

Yerevan Brandy Company is exclusive producer of ARARAT brandy and the largest taxpayer in this area and purchaser of grapes. In 1999, it joined Pernod Ricard international group. ---0----