New wine and brandy factory to open in ArmeniaApril 30, 2012 - 20:56 AMT PanARMENIAN.Net - Armenian Prime Minster Tigran Sargsyan visited Golden Grape Armas wine and brandy factory under construction in Armenia’s city of Ashtarak. According to director and owner of the factory Armen Aslanyan, the factory is upgrade with Italian equipment, with an Italian expert to assist in wine production. “The factory construction is due to be finished by September,” Mr. Aslanyan said. According to him, there will be 120-130 hectares of vineyards and 30-40 hectares of orchards surrounding the factory, with a cannery planned to be constructed in the future. Mr. Aslanyan noted that construction of a stock farm and a fish pond is also planned. Golden Grape Armas is one of the enterprises having been granted by government’s decision three-year deferment of VAT payment for the equipment imported. The company has made investment of AMD 6,6 bln for the organization of production. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia. Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements. Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of Armenia Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |