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Armenia To Triple Wine Production By 2020

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  • Armenia To Triple Wine Production By 2020

    ARMENIA TO TRIPLE WINE PRODUCTION BY 2020

    YEREVAN, October 3. /ARKA /. Armenian wineries are expected to triple
    wine production by 2020, Hayk Mirzoyan, head of Industry Development
    Fund, told a news conference today.

    According to him, in the first six months of this year wine production
    surged by 42.4 % to 2.4 billion drams. He said these numbers inspire
    hope that the wineries will succeed in tripling wine production in
    7 years.

    He said export of Armenian wines largely to Russia, other CIS
    countries; Europe and the United States also surged by 56 percent
    from the year before to 790 million drams.

    According to the National Statistical Service, in the first eight
    months of this year wine production saw a 33 percent rise year-on-year
    to almost 3.5 million liters. ($ 1 - 405.40 drams). -0- - See more at:
    http://arka.am/en/news/economy/armenia_to_triple_wine_production_by_2020/#sthash.BYK2GJUE.dpuf

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