Yerevan Brandy Company To Recommence "Old Erivan" Wine Production In

YEREVAN BRANDY COMPANY TO RECOMMENCE "OLD ERIVAN" WINE PRODUCTION IN FALL 2007

ARKA
13/09/2007 11:14

YEREVAN, September 13. /ARKA/. At the beginning of October 2007,
Yerevan Brandy Company (YBC) will recommence production of the "Old
Erivan" wine.

The YBC Executive Director Cedrik Retailleau said that this new
production of the factory will be produced within the YBC policy on
expanding and changing their range of goods.

"At one time this wine was recognized and approved by consumers who
look forward to its return to the market," he said.

According to Retailleau, the wine will be produced from the Armenian
"Areni" grapes, and the production of this product will be implemented
together with one of the hugest wine producing companies "Vedi Alco".

"As the Company occupies with the production of brandy types, we need
the assistance of a company that specializes in wine branch," he said.

YBC press secretary Zara Nazaryan told ARKA that the production of
the wine "Old Erivan" was stopped in 2005 because of the shortage
of grapes.

The YBC was founded in 1887. The modern factory complex has existed
since 1953. In June 1998, the YBC entered the Pernod Ricard group, an
international corporation that owns a number of famous trade marks of
alcoholic beverages and ranks the third in the production and sales
of alcoholic beverages. The Company Pernod Ricard obtained the YBC
on the international tender for $30mln. ($1 – AMD 340.10).