CRISIS DID NOT PREVENT YBF FROM IMPLEMENTING MAJOR PROJECTS

/PanARMENIAN.Net/
10.09.2009 19:15 GMT+04:00

/PanARMENIAN.Net/ The global economic crisis did not prevent Yerevan
Brandy Factory from implementation of a number of major projects.

"Investments amounted to AMD 2 billion this year. This year the
same amount is expected to be invested," said YBF executive director
Ara Grigoryan.

"A new distillation shop will open in Tavush branch this October,
what will help develop viticulture in the region," he said.

Besides, Mr. Grigoryan informed that programs for development of
tourism infrastructure were also implemented.

"Some 10 thousand tourists attended Yerevan Brandy Factory in
2008-2009," he said. "This proves that YBF remains one of Armenia’s
symbols."