Yerevan brandy factory to buy 35,000 tons of grapes this year

YEREVAN, September 9. /ARKA/. The Yerevan Brandy Factory plans to buy 35,000 tons of grapes this year, 10,000 tons more than last year, the factory’s press office reported.

It is a record-high procurement level over the last 15 years, according to the report.

The procurements will start on September 9 in Aygavan branch (Ararat region), on September 10 in Armavir branch (Armavir region) and on September 17 in Berd town branch (Tavush region).

The per kilo price is 145 drams in Armavir and Aygavan and 135 drams in Tavush, as compared to 140 and 130 drams respectively. The amount for the grapes provided farmers will get within 3-4 days.

According to the report, debts of the factory-partnering farmers whose grape crop was completely damaged from the hail of May 12, will be nullified. The preliminary calculations show the company will write off debts of over 340 vine-growers of Armavir region, which got non-interest loans worth a total of about 54 million drams for grape medicines, the press office reported.

In 2013 the Yerevan Brandy Factory increased the number of its contracts with vine-growers by 906.

The company attaches importance to industry development in borderline villages and will increase its procurements in Tavush to 4,000 tons this year.

Mass media representatives who want to attend grape procurement season should get registered at public relations office of the factory (010 510 150, 095 95 44 09).

The Yerevan Brandy Factory was established in 1887. The present plant was constructed in 1953. In June 1998, the factory joined Pernod Ricard Group – an international corporation owning some widely-known brands and the second largest alcoholic drinks maker. 

The corporation acquired the Yerevan Brandy Factory via an international tender for $30 million.–0--