Great Valley to up Armenian cognac sales

Interfax
June 16 2004

Yerevan. (Interfax) – Armenian-Cypriot wine company Great Valley
plans to sell 5.3 million bottles of Armenian cognac in 2004, up 18%
from last year, the company told the press.

Great Valley sells 70% of its cognac in 0.5-liter bottles and the
rest in 0.7-liter bottles.

Great Valley sold 4.5 million bottles of Armenian cognac in 2003. The
company exports 98% of its output. Some 90% is sold in Russia,
and the rest is exported to the United States, Britain, Japan and
other countries.