  Crisis did not prevent YBF from implementing major projectsSeptember 10, 2009 - 20:15 AMT PanARMENIAN.Net - The global economic crisis did not prevent Yerevan Brandy Factory from implementation of a number of major projects. "Investments amounted to AMD 2 billion this year. This year the same amount is expected to be invested," said YBF executive director Ara Grigoryan. "A new distillation shop will open in Tavush branch this October, what will help develop viticulture in the region," he said. Besides, Mr. Grigoryan informed that programs for development of tourism infrastructure were also implemented. "Some 10 thousand tourists attended Yerevan Brandy Factory in 2008-2009," he said. "This proves that YBF remains one of Armenia's symbols."   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 |  Related sections Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
