ASHTARAK KAT RECOGNIZED DOMINANT COMPANY ON PASTEURIZED AND STERILIZED MILK MARKET

ARKA
July 30, 2008

YEREVAN, July 30. /ARKA/. On Wednesday, Armenian State Commission
for Protection of Economic Competition recognized Ashtarak Kat the
dominant company on pasteurized and sterilized milk market.

Armine Hakobyan, chief of the commission’s analyses unit, said at the
commission meeting that 34 Armenian companies produced 2.9 million
liters of milk, exported 264,000 liters and sold more than 3.1 million
liters in 2007.

"The major part of the sold milk has been produced by three biggest
dairy companies – Ashtarak Kat (57.03%), Dustr Marianna (9.1%) and
Yeghvard Complex (4.3%)", she said.

Hakobyan also said that Ashtarak Kat occupies a third of the
pasteurized and sterilized milk market. Ashtarak Kat representative
Armen Gevorgyan didn’t oppose the dominance recognition.
From: Baghdasarian