RUSSIA AND UKRAINE ARMENIAN BRANDY MAIN MARKETS

Pan Armenian News
30.06.2005 04:18

/PanARMENIAN.Net/ “Pernod Ricard company activities in Armenia are
rather successful. We are satisfied with the outcomes of our work
and are proud to present high quality Armenian trademark abroad,”
stated Director General and President of Pernod Ricard Europe company
Tierry Billot at a meeting with Armenian President Robert Kocharian
today, reported the Armenian leader’s Press Service. In his words,
his goal after the privatization of the Yerevan Brandy Company was
to improve the production quality. He said as compared with 1990
the export and brandy trade volume today has increased 10 times,
over 90% of the production is exported and Russia and Ukraine are
main markets. T. Billot added that simultaneous to the increase
of the volume of the brandy production the purchase of grapes will
also grow. Last year the enterprise has received grapes totaling 3
billion drams and the indicator is planned to be increased 20% this
year. The company also intends to take part in the founding of new
grape gardens. In Mr. Billot’s words, improvement of the quality of
brandy is a priority task. He also added that much work is being done
to form more favorable social security conditions for the company
officers. In his turn, R. Kocharian noted Armenia has important
partners like Pernod Ricard and no one today doubts privatization of
the Yerevan Brandy Company was a correct move.