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Alex Grig - Leading Company On Butter Market

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  • Alex Grig - Leading Company On Butter Market

    ALEX GRIG - LEADING COMPANY ON BUTTER MARKET

    /PanARMENIAN.Net/
    13.05.2009 17:11 GMT+04:00

    /PanARMENIAN.Net/ The State Committee on Protection of Economic
    Competition has recongnized Alex Grig as leading company on butter
    market; Marnik company's name was removed from business organizaion's
    list, Committe Chair Ashot Shahnazaryan said today during the
    Session. Besides, the Committee studied butter and sunflower oil
    markets' structure and submitted the results of interested companies
    represented on the market.

    According to Mr. Shahnazaryan, there were 23 enterprises operating in
    the sphere in 2008, with 14 engaged in product import and 7 engaged
    in production. In the meantime, the total amount of butter produced
    in the given period made up 211.4 tons.

    In 2008, Alex Grig was recognized as top company in terms of product
    realization (47,58% ) whereas Marnik lost its predomoniant role
    (with realization volume of 11.91%).

    The Committee's monitoring in the sphere of oil butter market revealed
    that national currency devaluation caused some entrapreneurs to
    increase oil prices at different interest rates depending on currency
    exchange rate on the given day. According to Mr. Shahnazaryan, oil
    prices recorded a 10-12% growth from March 3 to 5.

    In the session of "Internet Techologies Centre", Alex Grig was also
    recognized as monopolist in "am" Internet domain.
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