Since January 1, 2009 the position of the Managing Director of the Yerevan Brandy Company has been taken by Mr. Ara Grigoryan, who had been the Managing Director of Pernod Ricard Ukraine and Pernod Ricard Minsk since January 2001.
Mr. Grigoryan will combine the position of YBC Managing Director with the position of the Pernod Ricard Minsk Managing Director.

The issue of Russia's «delivering» military hardware to Armenia with a total cost of USD800 million continues to be in the center of attention of the Azeri press. As it turns out, neither refutations of the RF Defense Ministry, nor the Russian Foreign Ministry are able to have an impact on Baku. Well, to each his own, as the saying goes. However, first of all Russia, as well as Armenia should learn a lesson from this story. Though there are no naпve people in the Kremlin who would take for granted Aliyev's words on «being in friendly relations with Russia», some awareness is still necessary…

The year of 2008 was also a time of reformatting the South Caucasus Region. After the «five-day» war of Georgia against South Ossetia it became clear that new division lines were to be outlined in the region. No doubt unwilling to do it himself, President of Georgia made a «regal» present to RF that had long been waiting for an opportunity to gain revenge against the USA for the too profound an interference it had in the solution of Caucasus problems. The result was a much more chaotic bedlam in which even the most «skillful» states were unable to "catch a fish".