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Yerevan Brandy Company Resumed Deliveries of Brandy to Russia

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  • Yerevan Brandy Company Resumed Deliveries of Brandy to Russia

    YEREVAN BRANDY COMPANY RESUMED DELIVERIES OF BRANDY TO RUSSIA

    Yerevan, May 29. ArmInfo. Started today, the Yerevan Brandy Company
    (YBC) has resumed deliveries of brandy to Russia, which were stopped
    since the beginning, 2006, because-of introduction of new excise marks
    by Russia, ArmInfo was told in the YBC.

    According to the source data, the first batches of brandy are already
    dispatched to Russia. As the YBC Director General Herve Caroff told
    ArmInfo, the Company did not suffer much financially from the
    temporary delay of deliveries.

    "We knew about the change of excise marks in Russia beforehand and
    could prepare for it with our Russian partner. I don't think there was
    a deficit of Ararat brandy in Russia", Caroff said. According to him,
    the YBC increased sales volume in 2005 by 10% to 4,4 mln l of brandy
    against 4 mln l in 2004. About 75% of sales falls on Russian
    market. To be noted, the YBC is the biggest supplier of the alcohol
    production to Russia.
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