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Ara Grigoryan Appointed Yerevan Brandy Company Managing Director

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  • Ara Grigoryan Appointed Yerevan Brandy Company Managing Director

    ARA GRIGORYAN APPOINTED YEREVAN BRANDY COMPANY MANAGING DIRECTOR

    PanARMENIAN.Net
    23.01.2009 GMT+04:00

    Mr. Cedric Retailleau, who had been the Managing Director of Yerevan
    Brandy Company since January 2007, is appointed as General Manager
    of Pernod Ricard Venezuela and Northern Cone.

    Since January 1, 2009 the position of the Managing Director of the
    Yerevan Brandy Company has been taken by Mr. Ara Grigoryan, who had
    been the Managing Director of Pernod Ricard Ukraine and Pernod Ricard
    Minsk since January 2001. Mr. Grigoryan will combine the position of
    YBC Managing Director with the position of the Pernod Ricard Minsk
    Managing Director.

    /PanARMENIAN.Net/ Mr. Cedric Retailleau, who had been the Managing
    Director of Yerevan Brandy Company since January 2007, is appointed
    as General Manager of Pernod Ricard Venezuela and Northern Cone.

    "Only those people who enjoy confidence can take the post of Managing
    Director and Mr. Grigoryan is one of them," said Mr. Eric Laborde,
    Director General of Pernod Ricard Eastern Europe. "We are in the firm
    belief that it was the right decision."

    "I am happy to take this high post and work with a perfectly built
    team," Mr. Ara Grigoryan, the newly appointed Managing Director said
    in his remarks.

    As of 2008-2009 fiscal year 1st semester date Yerevan Brandy Company
    has registered a 8 per cent sales growth, reaching this indicator to
    2.6 liters. The growth was attained thanks to the extension of the
    sales share in Armenia, Russia and in the Baltic states.

    As compared to the previous years index, the sales volume in Russia
    increased by 14 per cent, composing 1.9 million liters, in Armenia
    by 4 per cent, composing 218 thousand liters and by 16 per cent in
    the Baltic states.

    There is also a tangible process in Germany, Poland, Bulgaria and
    Czech Republic.

    Annually, Yerevan Brandy Company invests approximately 5 million USD
    in the improvement and development of its production and technological
    facilities, and approximately 12 million USD for the best organization
    of the grape purchase procedure and completion of spirit stocks.
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