Ashtarak Kat recognized dominant company on pasteurized and sterilized milk market

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Economy

31.07.2008, 15:59

On Wednesday, Armenian State Commission for Protection of Economic Competition recognized Ashtarak Kat the dominant company on pasteurized and sterilized milk market.

YEREVAN, July 30. /ARKA/. On Wednesday, Armenian State Commission for Protection of Economic Competition recognized Ashtarak Kat the dominant company on pasteurized and sterilized milk market.

Armine Hakobyan, chief of the commission’s analyses unit, said at the commission meeting that 34 Armenian companies produced 2.9 million liters of milk, exported 264,000 liters and sold more than 3.1 million liters in 2007.

“The major part of the sold milk has been produced by three biggest dairy companies – Ashtarak Kat (57.03%), Dustr Marianna (9.1%) and Yeghvard Complex (4.3%)”, she said.

Hakobyan also said that Ashtarak Kat occupies a third of the pasteurized and sterilized milk market. Ashtarak Kat representative Armen Gevorgyan didn’t oppose the dominance recognition. M.V.-0--

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