JOHN DEERE AGRICULTURAL MACHINERY WILL BE AVAILABLE TO ARMENIAN FARMERS: DEALERSHIP AGREEMENT SIGNED BETWEEN CARD AGROSERVICE, DEERE

US State News
June 23, 2009 Tuesday 5:46 PM EST

YEREVAN, Armenia, March 6 — The U.S. Embassy issued the following
press release:

Ambassador Marie L. Yovanovich spoke on March 6, 2009 at the signing
of a distributorship agreement between John Deere International
and CARD AgroService CJSC. According to the terms of the agreement,
CARD AgroService will sell and service John Deere machinery in Armenia.

In her remarks, the Ambassador noted that John Deere is one of the
largest and most respected companies in the world in the agricultural
machinery sector. This means that the world’s top quality, hi-tech
agricultural machinery is now available for Armenian farmers and
agribusinesses. Deere & Company, founded in 1837 (collectively called
John Deere), is a U.S.-based corporation that does business with 47,400
employees, with manufacturing operations in approximately 70 factories
in 14 countries around the world. The company continues to be guided,
as it has been since its beginning, by the core values exhibited
by its founder: integrity, quality, commitment and innovation. The
partnership with John Deere will enable CARD AgroService to introduce
top quality agricultural machinery to Armenia, thus increasing its
involvement in provision of high quality equipment and supplies. CARD
Agroservice links farms and agribusinesses with world leading farm
input and equipment producers by importing technologically advanced
farm equipment, tools and supplies, as well as agricultural inputs
including seeds and bovine semen, and distributes them throughout
Armenia and Georgia. CARD Agroservice also provides consultancy and
training on its products, before and after purchase.