ALEX GRIG – LEADING COMPANY ON BUTTER MARKET

/PanARMENIAN.Net/
13.05.2009 17:11 GMT+04:00

/PanARMENIAN.Net/ The State Committee on Protection of Economic
Competition has recongnized Alex Grig as leading company on butter
market; Marnik company’s name was removed from business organizaion’s
list, Committe Chair Ashot Shahnazaryan said today during the
Session. Besides, the Committee studied butter and sunflower oil
markets’ structure and submitted the results of interested companies
represented on the market.

According to Mr. Shahnazaryan, there were 23 enterprises operating in
the sphere in 2008, with 14 engaged in product import and 7 engaged
in production. In the meantime, the total amount of butter produced
in the given period made up 211.4 tons.

In 2008, Alex Grig was recognized as top company in terms of product
realization (47,58% ) whereas Marnik lost its predomoniant role
(with realization volume of 11.91%).

The Committee’s monitoring in the sphere of oil butter market revealed
that national currency devaluation caused some entrapreneurs to
increase oil prices at different interest rates depending on currency
exchange rate on the given day. According to Mr. Shahnazaryan, oil
prices recorded a 10-12% growth from March 3 to 5.

In the session of "Internet Techologies Centre", Alex Grig was also
recognized as monopolist in "am" Internet domain.