YBF expands export geography
Yerevan Brandy Factory intends to expand export geography, executive director Ara Grigoryan said.
"54% slump was registered in wines and liquors output, what is conditioned by dependence on Russian, Belarusian and Ukrainian markets. To overcome the problem, our company will enter new markets, including some Asian and African countries," he said.
Mr. Grigoryan said that fiscal year 2009-2010 will be a hard year for the company.
"It will demand supreme effort but we are ready to face challenges," he said.
"54% slump was registered in wines and liquors output, what is conditioned by dependence on Russian, Belarusian and Ukrainian markets. To overcome the problem, our company will enter new markets, including some Asian and African countries," he said.
Mr. Grigoryan said that fiscal year 2009-2010 will be a hard year for the company.
"It will demand supreme effort but we are ready to face challenges," he said.
