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Yerevan Brandy Company to buy 37,000 tons of grapes this year
YEREVAN, September 5. / ARKA /. The French-owned Yerevan Brandy
Company (YBC) said today it will purchase 37,000 metric tons of grapes
this year, by 2,000 tons more it bought last year.
The company will pay 150 drams for 1 kg of grapes to be bought by its
branches in Armavir and Aygavan and 140 drams by the branch in Tavush
region, up from 145 and 135 drams respectively, it paid last year.
The winegrowers will get the money within 3-4 days after delivering
their grapes to the company.
This year, the Yerevan Brandy Company will continue buying grapes from
farmers who signed seven year-long contracts with the company. The YBC
said it buys around 40% of grapes from these farmers.
"In view of increasing purchases, the Yerevan Brandy Company is
expanding its production capacity. In particular, a new distillation
workshop will open soon at Armavir branch, which will be equipped with
three additional Charente distillation apparatus," the company said.
The Yerevan Brandy Company was founded in 1887. In 1998 it was sold
to French Pernod Ricard for $30 million. -0
http://arka.am/en/news/business/yerevan_brandy_company_to_buy_37_000_tons_of_grape s_this_year/#sthash.P97tZk6u.dpuf
YEREVAN, September 5. / ARKA /. The French-owned Yerevan Brandy
Company (YBC) said today it will purchase 37,000 metric tons of grapes
this year, by 2,000 tons more it bought last year.
The company will pay 150 drams for 1 kg of grapes to be bought by its
branches in Armavir and Aygavan and 140 drams by the branch in Tavush
region, up from 145 and 135 drams respectively, it paid last year.
The winegrowers will get the money within 3-4 days after delivering
their grapes to the company.
This year, the Yerevan Brandy Company will continue buying grapes from
farmers who signed seven year-long contracts with the company. The YBC
said it buys around 40% of grapes from these farmers.
"In view of increasing purchases, the Yerevan Brandy Company is
expanding its production capacity. In particular, a new distillation
workshop will open soon at Armavir branch, which will be equipped with
three additional Charente distillation apparatus," the company said.
The Yerevan Brandy Company was founded in 1887. In 1998 it was sold
to French Pernod Ricard for $30 million. -0
http://arka.am/en/news/business/yerevan_brandy_company_to_buy_37_000_tons_of_grape s_this_year/#sthash.P97tZk6u.dpuf