Yerevan Brandy Company To Sell Armenian Brandy In France

YEREVAN BRANDY COMPANY TO SELL ARMENIAN BRANDY IN FRANCE

ARMENPRESS
Jul 6, 2007

YEREVAN, JULY 6, ARMENPRESS: The French-owned Yerevan Brandy Company
(YBC) sold in 2006-2007 financial year (it lasts from July 1 to
next year’s June 30) 3,650,000 liters of its products, reporting a
4 percent growth from a year before.

YBC’s major markets are in Russia, Ukraine and Belarus and in the
Baltic countries. The growth in Russia was lower than expected because
of Russia’s introduction of new excise stamps.

The former chief manager of YBC, Erve Karoff, who passed the job to
Sedrik Retaiion, told a news conference on July 5 that the company
was very pleased with growth in production of Premium and Super types
of drinks which rose 14 and 15 percent respectively.

He said together they made 32 percent of all sales.

According to him, Nairi brand of brandy is becoming very popular
in Armenia itself. He said YBC sells today its produces in 20
countries. It is selling its products also in the USA. Armenian brandy
is sold also in Poland, Romania, Bulgaria. Small batches were sent to
Israel and Singapore and soon Armenian brandy will be sold in France.

The YBC bought last year 28,000 tons of grapes in Armenia and 2,200
hectoliters of spirit in Nagorno-Karabakh.