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KOCHARIAN RECEIVES PERNOD RICARD-EUROPE CHAIRMAN
Armenpress
YEREVAN, JUNE 30, ARMENPRESS: Tierry Billon, the chairman of French
Pernod Ricard-Europe company, one of the leading world manufacturers
of alcoholic drinks, told today Armenian president Robert Kocharian
he was fully satisfied with performance of its Armenian subsidiary-the
Yerevan Brandy Company (YBC), saying the YBC was an example of a very
successful business. "We are proud to represent high quality Armenian
products abroad," he said. Tierry Billon was quoted by Kocharian's
press office as saying that after YBC was privatized by Pernod Riccard
it sought to raise the quality of its produces. He said YBC's exports
of brandy soared ten-fold after its privatization in late 1990-s. YBC
sells its products mainly to Russia and Ukraine.
Billon said parallel to production increase YBC is buying more
grape from local farmers. Last year YBC paid 3 billions to Armenian
farmers for purchase of grape, this figure is expected to rise
another 20 percent this year. He said YBC plans to establish new
vineyards here. Kocharian described Pernod Ricard as "very serious
and successful business partner," saying also no one questions today
that the privatization of YBC was a successful deal.
From: Emil Lazarian | Ararat NewsPress
Armenpress
YEREVAN, JUNE 30, ARMENPRESS: Tierry Billon, the chairman of French
Pernod Ricard-Europe company, one of the leading world manufacturers
of alcoholic drinks, told today Armenian president Robert Kocharian
he was fully satisfied with performance of its Armenian subsidiary-the
Yerevan Brandy Company (YBC), saying the YBC was an example of a very
successful business. "We are proud to represent high quality Armenian
products abroad," he said. Tierry Billon was quoted by Kocharian's
press office as saying that after YBC was privatized by Pernod Riccard
it sought to raise the quality of its produces. He said YBC's exports
of brandy soared ten-fold after its privatization in late 1990-s. YBC
sells its products mainly to Russia and Ukraine.
Billon said parallel to production increase YBC is buying more
grape from local farmers. Last year YBC paid 3 billions to Armenian
farmers for purchase of grape, this figure is expected to rise
another 20 percent this year. He said YBC plans to establish new
vineyards here. Kocharian described Pernod Ricard as "very serious
and successful business partner," saying also no one questions today
that the privatization of YBC was a successful deal.
From: Emil Lazarian | Ararat NewsPress