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Winemaking To Reduce By Some 40 Per Cent On An Average In Armenia

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  • Winemaking To Reduce By Some 40 Per Cent On An Average In Armenia

    WINEMAKING TO REDUCE BY SOME 40 PER CENT ON AN AVERAGE IN ARMENIA

    /PanARMENIAN.Net/
    16.11.2009 17:17 GMT+04:00

    /PanARMENIAN.Net/ In conditions of global financial and economic
    crisis, wine production will reduce by 40 per cent on average
    Avag Harutyunyan, chairman of the union of winemakers told a press
    conference in Yerevan today.

    "In the beginning, the decline reached 55-60%, it will amount to 30-40%
    by the end of the year, " he said.

    According to the chief winemaker, 70% of wine consumption comes from
    Russia, the remaining 30% - from Europe.

    Avag Harutyunyan informed that at the moment Armenia currently produce
    0.5-1 million bottles, having annually 7.8 million bottles potential.

    According to ethnographer Suren Pogosyan, the cultivation of higher
    quality, truly Armenian grape require big resources, particularly
    the cultivation of Voskevaz, the cost of which is much higher than
    other varieties, " he said.
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