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IN SPITE OF ITS WINEGROWING PROMOTION PROGRAMS IT TOOK GREAT VALLEY COMPANY ALMOST A YEAR TO PAY TO FARMERS FOR PROCURED GRAPES
ARMINFO
Thursday, June 9, 13:22
Great Valley Company leadership declares that it has paid for the
procurement of grapes for 2010 in late May and has no debts to farms,
the company reported.
It is noteworthy that a month ago in a press conference Deputy Minister
of Agriculture of Armenia Samvel Galstyan blamed Great Valley and
Aygezard Winery for their debts to farmers for the last year's
procurement of grapes in the amount of 120 mln drams. Although it
took Great Valley almost a year to pay for the procured grapes, the
company declares that it "is continuously and urposefully implementing
a program of revival and promotion of winegrowing and winemaking
despite the foes that organized sabotage and armed attack on the
procurement points."
The company's press release says that the company will provide
interest free loans to Armenian farmers for the harvest of the current
year to boost native winegrowing. The terms of the loans are not
reported. ArmInfo's correspondent could not get any more details in
the company either.
ARMINFO
Thursday, June 9, 13:22
Great Valley Company leadership declares that it has paid for the
procurement of grapes for 2010 in late May and has no debts to farms,
the company reported.
It is noteworthy that a month ago in a press conference Deputy Minister
of Agriculture of Armenia Samvel Galstyan blamed Great Valley and
Aygezard Winery for their debts to farmers for the last year's
procurement of grapes in the amount of 120 mln drams. Although it
took Great Valley almost a year to pay for the procured grapes, the
company declares that it "is continuously and urposefully implementing
a program of revival and promotion of winegrowing and winemaking
despite the foes that organized sabotage and armed attack on the
procurement points."
The company's press release says that the company will provide
interest free loans to Armenian farmers for the harvest of the current
year to boost native winegrowing. The terms of the loans are not
reported. ArmInfo's correspondent could not get any more details in
the company either.