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Armenia to take part in largest “Gulfood-2025” exhibition in Dubai
Armenia will participate with a dedicated national pavilion at the largest exhibition of food products, soft drinks, and juices, "Gulfood-2025," which will take place from February 17 to 21 in Dubai, according to the Ministry of Economy of the Republic of Armenia. YEREVAN, December 3. /ARKA/. Armenia will participate with a dedicated national pavilion ...
12/03/2024Armenia plans to ‘conquer unconquered’ international tourism markets in 2025 - head of Tourism Committee
... tourism exhibition. Then we plan to take part in the international tourism exhibition ‘ITB Berlin’, we also plan to place an Armenian stand in Osaka, Japan, which will operate there for a year. It is also planned to organise the Days of National Food, Drinks and Taraz (Armenian national costumes) there. We would also like to hold drink tasting, organise national songs and dances during these days. ‘ARKA’ - What indicators are recorded in terms of tourist visits to Armenia for 10 months of the ...
11/29/2024Pashinyan believes that Armenian 'cognac' should be called brandy, not cognac
... Pashinyan believes that 'Armenian cognac' should be called 'brandy', not cognac. At the government session on Thursday, Pashinyan embarked on a lengthy discussion on the origin of words 'champagne' and 'cognac.' 'Champagne or cognac were originally not just drinks, but geographical names of provinces in France, and part of the problems Armenian exporters of these drinks face are related to this,' he said. He said that champagne is not just sparkling wine, but sparkling wine that is produced from grapes grown ...
10/31/2024Iranian market will open for main part of Armenian exports: minister
... customs duties envisaged by the agreement will open significant opportunities for the goods of the EEU countries. At the proposal of the Armenian side, the agreement also includes goods that make up the bulk of exports to Iran -mineral waters, soft drinks, chocolate, sweets, cigarettes and mutton. The duty will be reduced for medicines and jewellery. ‘The agreement will cover 98 per cent of Armenian exports to Iran, and the average duty on major Armenian exports to that country will drop from ...
10/25/2024Armenia to participate in ’’World Food India 2024’’in New Delhi
... “World Food India 2024” with a separate national pavilion. The exhibition will be held on September 19-22 in New Delhi (India). According to the Armenian Ministry of Economy, 11 Armenian companies will present such products as alcoholic beverages, drinks, processed food, etc. The ’Global Food Regulators Summit 2024’ and business meetings in B2B, B2G, G2G formats are also planned. This year, 9 countries will take part in the exhibition with national pavilions, as well as companies and representatives of retail ...
09/16/2024Yerevan Brandy Company first authorized economic operator of the EEU in Armenia
... the largest beverage producing taxpayer and buyer of grapes. In 1999 Yerevan Brandy Comapny was acquired by French Pernod Ricard Group, one of the world leaders in the sphere of alcoholic beverages production. French Pernod Ricard stopped supplying drinks from its brand portfolio to Russia from the end of April 2023, according to a statement on the company's official website. According to Russian publication 'Kommersant', which cited company representatives, the decision to completely stop sales ...
02/01/2024Foodstuffs in Armenia fell in price by 4.8% in 2023
Prices of food products and non-alcoholic beverages in Armenia in December 2023 were down 4.8% from December 2022, according to the National Statistical Committee. YEREVAN, January 9. /ARKA/. Prices of food products and non-alcoholic beverages in Armenia ...
01/09/2024Armenia to take part in Expo-2025: Osaka, Kansai, Japan
Armenia will take part in the EXPO-2025: Osaka, Kansai, Japan with a pavilion, showcasing the country’s achievements in high tech industry, its food, drinks, tourist attractions and modern educational institutions. YEREVAN, December 20. /ARKA/. Armenia will take part in the EXPO-2025: Osaka, Kansai, Japan with a pavilion, showcasing the country’s achievements in high tech industry, its food,...
12/20/2023Armenian government approves free trade agreement between EEU and Iran
... resolution, state procurement. With regard to agricultural products, the Armenian side proposes to zero customs duties on the goods that have export priority for Armenia and a large share in Iran's trade, in particular, mineral and carbonated water, soft drinks, mutton, chocolate and sweets. Moreover, this is the first time Iran will apply such preferential treatment for foreign goods. In addition, customs duties will be reduced on some non-food products such as cigarettes, metal concentrates, pure copper, silver products, as well as a number of re-exported goods. Earlier, Iranian Deputy Foreign Minister Mehdi Safari said that Iran would start developing partnership with EEU countries from ...
12/14/2023From Dream to Goal: Ohanyan Brandy Company (video)
... here. Acba Leasing became its partner in Yerevan, with the support of which it was replenished wit the most modern equipment, the press service of Acba Bank reported. "Our company is the first company that started producing strong alcoholic fruit drinks. Actually we became the locomotive of the growing production of strong alcoholic fruit drinks in Armenia. Our fruit drinks are called "Artsakh". Our barrels are made from Artsakh oak; in our workshop we use only Artsakh oak because it ...
11/22/2023Armenia not able to endure possible Russian sanctions - ex-minister
... meters), and another thing if it raises the price to $300 or $400. It is one thing if Russia uses phytosanitary tools to hold trucks with Armenian brandy for 15 days on the border and it is another thing if it applies a total embargo on Armenian alcoholic drinks, as was done with Georgian wines. It is one thing when it does not allow citizens with Armenian passports to integrate into its labor market, and another thing when it conducts verification visits to certain companies to track down unregistered ...
11/10/2023Armenian cognac will be promoted in Europe under brand name ‘Armenian brandy’
... deputy Rafael Gevorgyan said Armenian brandy producers will have to gradually phase out the use of the word 'cognac' used to name the country's most famous drink. He said the terms 'cognac' as well as 'champagne' are trademarks and can only apply to drinks made from particular grapes grown in particular regions of France The deputy minister recalled that Armenia agreed to stop using the word “cognac” as part of the Comprehensive and Enhanced Partnership Agreement (CEPA) signed with EU, which ...
11/03/2023FINTECH360 international conference held in Yerevan with the support of Unibank
... representatives of banks, payment systems, fintech companies, startups and specialized associations took part in FINTECH360. The rich business agenda was followed by by the cultural program, which included excursions and tasting of national dishes and drinks. -0-
11/02/2023Armenia will gradually phase out use of word 'cognac' for its brandies
... producers will have to gradually phase out the use of the word 'cognac' used to name the country's most famous drink, deputy economy minister Rafael Gevorgyan said today. He said the terms 'cognac' as well as 'champagne' are trademarks and can only apply to drinks made from particular grapes grown in particular regions of France The deputy minister recalled that Armenia agreed to stop using the word “cognac” as part of the Comprehensive and Enhanced Partnership Agreement (CEPA) signed with EU, which ...
10/16/2023Alcoholic products in Armenia will be labeled according to EEU rules from October 15
The Armenian government decided today that starting from October 15 excise stamps affixed on Armenia-manufactured alcoholic drinks should correspond to a model designed for identification of goods effective in the Eurasian Economic Union (EEU). YEREVAN, October 5. /ARKA/. The Armenian government decided today that starting from October 15 excise stamps affixed on Armenia-manufactured ...
10/05/2023Significant part of Armenia's exports in 2022 were re-exports - Luys Foundation
... report recalls that five commodity groups accounted for two thirds of the total exports in 2022- machinery, equipment, mechanisms, vehicles, precious and non-precious stones, precious metals and articles, semi-finished products, alcoholic products, soft drinks and tobacco, and non-precious metals and articles The analysis also showed that there are significant deviations in the number of goods produced, particularly computers, electronic and optical equipment, vehicles and so on and the quantity exported....
08/04/2023Armenian government to open new public beaches on Lake Sevan
... to population this year," he said. Simidyan emphasized that free services are available at public beaches, and paid services are additionally available. He drew attention to the fact that smoking, loud music are not allowed, but soft alcoholic drinks are allowed at the beaches. Four new beaches will be established near the communities of Lchap, Shoghakat, Gavar and Martuni. The public beaches will be provided with free services (entrance, changing rooms, public toilets, medical center, rescue ...
07/13/2023Shell brand is already in Armenia: first fuel stations put into operation
... mobility retailer by number of mobility locations and one of the largest single-branded retailers of any kind on the planet. Every day, around 32 million customers visit Shell mobility locations to buy fuel, convenience items including beverages and fresh food, and services such as lubricant changes and car washes. It is noteworthy that Shell stations sell 450 million cups of coffee, 1.5 billion cold drinks and more than 1 billion snacks every year. The brand uses advanced technologies and is driven by innovative approaches to help build a sustainable energy future. Shell offers its customers low-emission products and services: biofuels, electric ...
06/30/2023PSRC: natural gas prices for Armenian consumers will not go down despite strengthening of dram
... households pay now 143,700 drams per one thousand cubic meters of natural gas. Vulnerable families, which use up to 600 cubic meters of natural gas per year, pay 100,000 drams per one thousand cubic meters. Agricultural processing companies producing canned food, drinks and dairy products pay the equivalent of $233.9. The price for natural gas sold to other consumers, including thermal power plants, which use up to 10 thousand cubic meters of natural gas per month is 143,700 drams, including VAT. For those which ...
06/29/2023Armenia’s 12-month consumer price index up 1.3% in May 2023
... NSC, a 1.8% deflation was registered in May 2023 as opposed to April of the same year. Meanwhile, the five month inflation rate in May 2023 was up 5.2% against the same period of 2022 According to the NSC, in May 2023 compared to May 2022 prices for food and non-alcoholic beverages decreased by 2.1%. Compared to April 2023 they were down 4.1%. Alcohol and tobacco products were up 7.8% year-on-year, and up 1.2% compared to April 2023. Prices of clothing and footwear rose by 6.2% in May 2023 (down ...
06/05/2023Luding Group continues supply of Ararat cognac to Russia
Luding Group, one of the largest distributors of alcoholic drinks in Russia, told the Russian business daily 'Kommersant' that it continues supplies of cognac produced by the Yerevan Brandy Company (YBC) to Russia as usual. YEREVAN, May 24. /ARKA/. Luding Group, one of the largest distributors of alcoholic ...
05/24/2023Yerevan Brandy Company did not stop exports to Russia - source
... The Yerevan Brandy Company, an exclusive producer of ARARAT cognacs, is a biggest taxpayer of the sector and purchaser of grapes. In 1999, the Yerevan Brandy Company joined the international Pernod Ricard group, one of the world leaders in alcoholic drinks production. -0-
05/19/2023Ministry of Economy to help YBC look for new markets
... possible," he said. The Yerevan Brandy Company, an exclusive producer of ARARAT cognacs, is a biggest taxpayer of the sector and purchaser of grapes. In 1999, the Yerevan Brandy Company joined Pernod Ricard group, one of the world leaders in alcoholic drinks production. -0-
05/19/2023Yerevan Brandy Company stops exports to Russia - economy minister
... The Yerevan Brandy Factory, an exclusive producer of ARARAT cognacs, is a biggest taxpayer of the sector and purchaser of grapes. In 1999, the Yerevan Brandy Factory joined the international Pernod Ricard group, one of the world leaders in alcoholic drinks production. -0-
05/19/2023Pashinyan: we cannot afford to fall under sanctions
... logistic chains of shipments are broken or not functioning since the Ukrainian conflict. 'Many goods that used to be directly shipped to Russia are now being shipped there through Armenia, Kazakhstan and other countries,' Pashinyan said. “For example, drinks, which aren’t subject to sanctions, are no problem. Before February 2022, they had been shipped to Russia through Poland and Belarus, now they are shipped through Armenia, 'Pashinyan said. He said it’s not just about the change of routes, as ...
05/15/2023Prices of food and non-alcoholic drinks grew by 5.1% in March 2023 compared to March 2022
The prices of food and non-alcoholic drinks were up 5.1% in March 2023 compared to March 2022, according to the numbers, released by the National Statistical Committee (NSC). YEREVAN, April 6. /ARKA/. The prices of food and non-alcoholic drinks were up 5.1% in March 2023 compared to ...
04/06/2023McDonald's in France will switch to reusable tableware
... matching the aesthetic of its signature packaging, the containers must also be highly durable and complimentary to the tasting experience, designscene.net reported. It says silhouettes introduced include everything from plastic cups for hot and cold drinks to French fry containers and condiment holders. The material chosen for the range is Tritan, a BPA-free plastic resin that helps preserves the taste and smell of the food without the material being affected over time. -0-
03/29/2023Armenian parliament restricts street trading in Yerevan
... Local Self-Government in Yerevan" and a number of related laws. According to the amendments, the goods are subject to confiscation if they are sold outside the designated places. The amendments do not apply to trade in flowers, ice cream and soft drinks. -0-
03/22/2023Russia's plan of online wine sales could harm Armenian producers- RBC
The Eurasian Economic Commission (EEC), the executive arm of the Eurasian Economic Union (EEU), said that the terms of a trial distant sale of Russia-made alcoholic drinks may contradict the EEU treaty and discriminate the interests of its other member countries (besides Russia these are Armenia, Belarus, Kazakhstan and Kyrgyzstan), RBC reported. YEREVAN, February 13. /ARKA/. The Eurasian Economic Commission ...
02/13/2023Price of Russian gas for Armenia not to change in next 10 years
... price for all other households grew to 143,700 drams. The price for greenhouses from November 1 to March 31 inclusive is equivalent of $233.9 per thousand cubic meters, including VAT. The price for agricultural processing companies producing canned food, drinks and dairy products is the equivalent of $233.9 per thousand cubic meters, VAT included. The price for natural gas sold to other consumers, including thermal power plants, which use up to 10 thousand cubic meters of natural gas per month is 143,...
11/25/2022Popularity of Armenian wines is growing in Russia
... wine supplies from Armenia should have increased sharply, as reported by Armenian wineries. According to Stavtsev, the Russian market in general has a shortage of wine in the low-price segment - up to 300 rubles per bottle - after the disappearance of drinks from foreign wine materials. --0--
11/14/2022Armenia’s 12-month consumer inflation amounts to 9.9% in September 2022
... inflation in Armenia amounted to 9.9% at the end of September 2022, the National Statistical Committee (NSC) said today. It said the inflation rate in September this year was 0.6% higher than in the previous month. According to the NSC, the prices of food and non-alcoholic drinks in late September 2022 were higher 13.7% year-on-year. Prices for alcoholic and tobacco products rose by 8.9%. Prices of clothing and footwear rose by 10% and utilities - by 7.6%. Also, prices of household goods, appliances rose 10.3%; health care ...
10/05/2022Armenia ranked 23rd in global ranking of rising food costs
... 10.9%, with tomatoes rising the most - 28.4%. The total cost of all products in the list in Armenia was 3,130 drams in January, while in July it rose by 10.9% to 3,455 drams. According to the National Statistical Committee of Armenia, the prices of food and non-alcoholic drinks rose by 13.5% in July 2022 compared to July 2021. Lentils, pasta, buckwheat, cheese, bread and beef rose the most. At the same time, vegetables and eggs became a little cheaper. --0--
08/15/2022Armenian parliament approves 2021 budget execution report
... increased by 16.5% and imports by 10.9%. The nominal growth of the export of goods was 19.1% (about $3 billion) and imports -16.9% (about $5.3 billion). Khachatryan said the 12-month inflation in 2021 was 7.7%, of which 4.8% resulted from inflation of food products and soft drinks; another 1.9% was contributed by higher prices for non-food products. Remittances increased 24% in 2021, mostly from the U.S. and Russia. "In 2021, Armenia's state budget revenues amounted to 1 trillion 683.8 billion drams, which was 7.9% ...
06/15/2022New natural gas prices take effect in Armenia on April 1
... other households will grow to 143,700 drams. The price for greenhouses from November 1 to March 31 inclusive will be the equivalent of $233.9 per thousand cubic meters, including VAT. The price for agricultural processing companies producing canned food, drinks and dairy products will be the equivalent of $233.9 per thousand cubic meters, VAT included. The price for natural gas sold to other consumers, including thermal power plants, which use up to 10 thousand cubic meters of natural gas per month will ...
04/01/2022Natural gas prices to rise in Armenia from April
... households will grow to 143,700 drams, it said. Also, the price for greenhouses from November 1 to March 31 inclusive will be the equivalent of $233.9 per thousand cubic meters, including VAT. The price for agricultural processing companies producing canned food, drinks and dairy products will be the equivalent of $233.9 per thousand cubic meters, VAT included. The price for natural gas sold to other consumers, including thermal power plants, which use up to 10 thousand cubic meters of natural gas per month will ...
03/01/2022Armenian brandy production up 19% in 2021 to about 47 million liters
.... At the same time, production of whiskey increased by 1.9 times to 661,500 liters. Production of carbonated mineral water was up 26.7% to 59 million liters, production of non-carbonated water was up 15.2% to 57 million liters and production of soft drinks grew by 7.2% to about 119 million liters.-0-
02/09/2022Twelve-month food prices in Armenia in January 2022 rose 12.2 percent
... to December 2021, according to the National Statistical Committee (NSC). The highest rate of inflation in January 2022 was registered in the town of Gavar, the administrative center of Gegharkunik province, while in the capital Yerevan the prices for food and non-alcoholic drinks increased by 3.9%. The NSC said prices of bakery products and cereals rose by 10, 4% in January 2022 as compared to January 2021. Meat prices rose 8.1%, fish and seafood went up in price by 31.8%. Prices of dairy products, cheese and eggs rose ...
02/07/2022Novosti-Armenia news agency offers mailings about how to spend one's leisure time in Yerevan
... to spend your weekend? We will do it for you and send you mailings about how to spend your leisure time in Yerevan, where to taste delicious dishes and exotic cocktails. Premieres of films and performances, exhibitions and themed parties, delicious food and exotic drinks - you can read about all this in our mailings. You will also receive bonuses: free tickets to performances and concerts, as well as a sea of discounts from our partners and invitations to private events. Every week one of our employees ...
10/07/2021Food prices in Armenia in September 2021 up 15.4% year-on-year
... for dairy products, cheese and eggs, in September 2021, compared to September 2020, were up 10%. Prices for eggs upped by 27.4% compared to September 2020, and by 2.6% compared to August 2021. Sugar price increased by 31.1%. Prices for non-alcoholic drinks, coffee, tea, cocoa, alcoholic beverages and tobacco products in September 2021 rose in price by 0.1% compared to August of the same year. According to statistics, prices for non-food products in September 2021 compared to September last year increased by 9.9%. In general, consumer prices in Armenia in September 2021 increased by 8.9% compared to September 2020. -0-
10/05/2021Armenia’s prices for food products and soft drinks in August 2021 increased by 15.1% from August 2020
Armenia’s prices for food products and soft drinks in August 2021 increased by 15.1% compared to August 2020, and by 0.6% compared to July 2021, according to the numbers, released by the National Statistical Committee (NSC). YEREVAN, September 6. /ARKA/. Armenia’s prices for food products ...
09/06/2021Armenia’s consumer prices index in August 2021 grew by 8.8% compared to August 2020
... by 8.8% compared to August 2020, and by 0.4% compared to July 2021, the National Statistical Committee (NSC) said today. It said consumer prices in January-August 2021 grew by 6.4% compared to the same period in 2020. According to the NSC, prices for food products and soft drinks increased by 15.1% in August 2021, when compared to August 2020, and by 0.6% compared to July 2021. Alcohol and tobacco products rose in prices by 9.3% from August 2020, and by 0.1% from July 2021. Prices for clothes and shoes increased by 10.3% ...
09/06/2021"Dubai Expo 2020": opportunity for Armenian companies to showcase their products and services
... will be available to businessmen from over 190 countries participating in EXPO 2020 Dubai. The overall coordination of Armenia's participation in the exhibition is implemented by the Ministry of Economy. Armenian companies can showcase such products as food, drinks (wine), light industry goods, expensive jewelry (bijouterie), IT and high technology products and services, tourism, creativity, media, filmmaking and other. Some 192 countries are participating in EXPO 2020 Dubai, a record number in exhibitions ...
08/16/2021Food products up in price by 13.5% in Armenia from July 2020
... Alcoholic beverages and tobacco products in July 2021 increased by 9.2% compared to July 2020, and by 0.5% compared to June 2021. In July this year, compared to June, bakery products and cereals rose in price by 0.3%, while coffee, tea, cocoa and soft drinks by 0.4%. According to the official statistics, prices for non-food products in July 2021 compared to July last year increased by 9.6%, and compared to June 2021 decreased by 0.2%. In general, consumer price index in July 2021 was 8.2% up compared to July 2020, and 0.5% down from June 2021. -0-
08/04/2021Armenian consumer prices in June 2021 up 6.5% from June 2020
... It said when compared to May 2021, the prices in late June 2021 were down by 0.8%. Also, the first half inflation in 2021, compared to the same period in 2020, increased by 5.7%. According to the NSC, in June 2021, compared to June 2019, prices for food products and soft drinks increased by 8.8%, and compared to May of this year decreased by 2.4%. Alcohol and tobacco products rose in price by 8.8% in June, and by 0.4% from May 2021. Prices for clothing and footwear in June 2021 increased by 6.6% year-on-year and fell ...
07/06/2021Food products prices upped 7.5 percent in May 2021
... 4.8% compared to April of this year. Alcoholic beverages and tobacco products in May 2021 increased by 8.7% compared to May 2020, and 1% compared to April 2021. In May this year, bakery products, and cereals rose in price by 0.5% from May 2020, soft drinks - by 0.6%, and coffee, tea and cocoa - by 0.7%. According to statistics, prices for non-food products in May 2021 compared to May last year increased by 9%. -0-
06/09/2021In Armenia food prices in April 2021 were up 8.3% from April 2020
Prices for food products and soft drinks in Armenia in April 2021 increased by 8.3% compared to April 2020, and by 2.6% compared to March 2021, according to the numbers, released today by the National Statistical Committee (NSC). YEREVAN, May 7. /ARKA/. Prices for food products and ...
05/07/2021Armenian consumer prices in April, 2021 up 6.2% year-on-year
....3% compared to March 2021, the National Statistical Committee (NSC) said today. According to it, in the first four months of 2021 consumer prices were up 5.4% compared to the same time span of 2020. in April 2021, compared to April 2020, prices for food products and soft drinks grew by 8.3%, and compared to March of this year - by 2.6%. Alcohol and tobacco products in April 2021 rose by 8.8% year-on-year and by 1.1% from March 2021. Prices for clothing and footwear in April 2021 were up 3.2% from April 2020 and 1.5% from ...
05/07/2021Armenia's consumer price index up 5.8% in March 2021
... Committee (NSC). It said in March 2021, prices, when compared to February, were up 1%. The inflation in January-March 2021, compared to the same period in 2020, was higher by 5.2%. According to NSC, in March 2021, compared to March 2020, prices for food products and soft drinks increased by 7.4%, and compared to February of this year - by 0.9%. Alcohol and tobacco products rose in price by 9.2% year-on-year and by 1.9% from February 2021. Prices for clothes and shoes increased by 6.9% year-on-year and by 2% from February ...
04/08/2021Inflation to return to projected target band within months, Armenian economy minister says
... band,” Kerobyan said. According to the National Statistical Committee (NSC), the consumer prices index in February increased by 5.3% compared to February 2020, and by 0.6% from January 2021. In February 2021, compared to February 2020, prices for food products and soft drinks increased by 7.8%, and compared to January of this year - by 0.6%. The government's GDP growth projection for 2021 is 3.2%, while inflation is set at 4% (± 1.5%). -0-
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