Prime Minister Sarkisian visits Pepsi plant in Armenia
01.04.2011,
23:06
rmenian prime minister Tigran Sarkisian visited today a plant that is getting prepared to start production here of famous Pepsi drinks. The plant furnished with modern German technology and equipment will be producing alcohol-free drinks Pepsi, Pepsi-Cola
YEREVAN, April 1. / ARKA /. Armenian prime minister Tigran Sarkisian visited today a plant that is getting prepared to start production here of famous Pepsi drinks. The plant furnished with modern German technology and equipment will be producing alcohol-free drinks Pepsi, Pepsi-Cola, Pepsi Light, Pepsi Max, Mirinda, Mirinda Orange, Mirinda Green Apple, Mountain Dew, Aquafina and 7UP.
The plant is being built by Armenian Jermuk International company after it signed a contract with PepsiCo International in 2010. The construction is almost completed and the opening is scheduled for May. The plant is expected to hire 250 workers.
Edgar Ghazarian an advisor for Jermuk International, said the Armenian company has invested so far 22 million euros and the final amount of investments will be known only after the plant is furnished with all equipment and technology.
Ghazarian said the additional investments will be made into construction of a workshop for production of natural juices that will be sold under Pepsi brand. He said the bulk of juices will be exported to some former Soviet republics, including Central Asian republics.
According to the data of the State Commission for Protection of Economic Competition, soft carbonized drinks traded under Pepsi brand do not exceed 10% of Armenian market. Ghazarian said part of drinks that are not produced in neighboring Georgia will be exported to this country. He said the prices of Pepsi drinks in Armenia will not change after the launch of the plant because they are competitive.
Jermuk International was founded in 2006. It imports to Armenia Pepsi-Cola, Mirinda, Mirinda Orange, , Aquafina and 7UP produced in Georgia. The company is owned by Armenian businessmen. -0-
The plant is being built by Armenian Jermuk International company after it signed a contract with PepsiCo International in 2010. The construction is almost completed and the opening is scheduled for May. The plant is expected to hire 250 workers.
Edgar Ghazarian an advisor for Jermuk International, said the Armenian company has invested so far 22 million euros and the final amount of investments will be known only after the plant is furnished with all equipment and technology.
Ghazarian said the additional investments will be made into construction of a workshop for production of natural juices that will be sold under Pepsi brand. He said the bulk of juices will be exported to some former Soviet republics, including Central Asian republics.
According to the data of the State Commission for Protection of Economic Competition, soft carbonized drinks traded under Pepsi brand do not exceed 10% of Armenian market. Ghazarian said part of drinks that are not produced in neighboring Georgia will be exported to this country. He said the prices of Pepsi drinks in Armenia will not change after the launch of the plant because they are competitive.
Jermuk International was founded in 2006. It imports to Armenia Pepsi-Cola, Mirinda, Mirinda Orange, , Aquafina and 7UP produced in Georgia. The company is owned by Armenian businessmen. -0-
