Yerevan Brandy Company plans to purchase 32.000 tons of grape in 2009

PanARMENIAN.Net - This year, Yerevan Brandy Company is planning to purchase 32 thousand tons of grape, which is 1000 tons more compared to previous year, YBC Executive Director Ara Grigoryan told journalists in Yerevan. "Investment planned for this purpose will amount to 4 billion Drams" he said.



The company had previously intended to purchase 31 thousand tons of grape, but considering the country's social situation it decided to purchase 1000 tons more, Executive Director said. According to him, there is currently demand for 60 thousand tons, but company is not technically capable of purchasing that quantity.



"Recognizing its responsibility and role of a sphere leader, YBC remains true to its 5000 grape growers," Grigoryan said. Grape purchase campaign will start on September 16 in Armavir branch and then continue on September 18 and 28 in Aghavan and Tavush branches. Established prices per kilogram is AMD 130 for Armavir and Aygavan regions and AMD 120 - for Tavush branch. As noted by Executive Director, per kilogram price in 2008 comprised AMD 140 in Armavir and Aygavan branches and AMD 130 - in Tavush branch. "Grape purchase is a commercial transaction where price depends on volumes. Market currently offers AMD 100-110 per kilogram. Considering our responsibility to farmers as well as the social factor we offer our partners a higher price," he noted.