YBF Expands Export Geography

YBF EXPANDS EXPORT GEOGRAPHY

/PanARMENIAN.Net/
10.09.2009 20:33 GMT+04:00

/PanARMENIAN.Net/ Yerevan Brandy Factory intends to expand export
geography, executive director Ara Grigoryan said.

"54% slump was registered in wines and liquors output, what is
conditioned by dependence on Russian, Belarusian and Ukrainian
markets. To overcome the problem, our company will enter new markets,
including some Asian and African countries," he said.

Mr. Grigoryan said that fiscal year 2009-2010 will be a hard year
for the company.

"It will demand supreme effort but we are ready to face challenges,"
he said.