Artashat Cannery is enlarging its share on the domestic market by
reducing the export

2009-11-14 20:08:00

ArmInfo. Artashat Cannery, the owner of the ArtFood trade mark, is
enlarging its share on the domestic market by reducing the export,
says Vachagan Karapetyan, the company’s commercial director.

Before the crisis 90% of juice semi-products were exported to Russia
and Ukraine but now the export has been halved.

At the same time, encouraged by USD appreciation, the company is
actively increasing the export of finished products. The assortment of
canned food is being constantly enlarged. Today, the company produces
36-37 items.

Next year the procurement prices will not be changed. The raw
materials for canned food are bought from all over Armenia.

Artashat Cannery was established in 1961, In 1999, due to cooperation
with Lincy Foundation, the World Bank and the US Department of
Agriculture, the company substantially improved its positions on the
market. The National Statistical Service of Armenia reports that in
Jan-Sept 2009 the company produced 6,649 tons of canned food – 24.2%
less than in Jan-Sept 2008.