ArmInfo.The Ararat brandy is supplied to Russia under contracts with the producer currently in  effect. Further supplied are planned as well. A way out will be found  in case of problems, Ernest Khachaturian, Chief Executive Officer,  Luding Group, said on the sidelines of the Saint Petersburg  International Economic Forum. 

ArmInfo.The Ministry of Economy of Armenia has finally found an effective way for agricultural producers not to use medieval methods of work. Thus, the Armenian government decided to subsidize only those loans to harvesting companies that, before June 1, will conclude agreements with farms for the purchase of grapes and  other crops. Minister of Economy of Armenia Vahan Kerobyan stated  this at the RA National Assembly.

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ArmInfo."The fact that Armenia has not signed a comprehensive aviation agreement with the EU is exclusively related to Brexit," Tatevik Revazyan, head of the  Civil Aviation Committee of the Republic of Armenia (CAC), told  reporters on December 16 after a press conference dedicated to the  entry of another European low-cost airline, Wizz Air, to the Armenian  market.

ArmInfo. On July 19, Armenian Economy Minister Tigran Khachatryan received a delegation of the World Bank (WB), led by a senior agricultural economist and head of  the working group Bekzod Shamsiev.

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ArmInfo.Following the request of the grape growers and in continuation to the commitment to revise the time of the announcement of the purchase price, Yerevan Brandy Company announces that this year it will purchase grape paying 150 AMD for 1 kg, which is higher by 10 AMD than the price of the last year.

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ArmInfo. Sharing farmers' emotions and understanding their desire to sell their products profitably, the Yerevan Brandy Company (YBC) this year increased the price of purchased grapes by 10 drams, which made 140 drams per 1 kg.  As ArmInfo was informed on September 4 by the press service of the Ararat Company, the similar price is the upper price limit, which the company is able to pay taking into account the purchase of a maximum volume of 29,000 tons. A price increase by about 8 percent, covers the officially registered inflation in the country 2-fold.  Returning to the issue of increasing prices for pesticides, the source notes that the YBC continues to provide them at prices of previous years, taking the financial burden of their rise in price. To recall, the program of interest-free credit granting of pesticides this year amounted to over 260 million drams.

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ArmInfo. Russia has always been and is considered the main tourist market of Armenia. Armenia still has something to show and pleasantly surprise the Russian tourist.  Executive director of the Armenian Tourism Development Fund Ara Khzmalyan stated in an interview with ArmInfo.

ArmInfo. In 2018, the loan  portfolio of the pilot program for companies engaged in processing  fruit and vegetable crops and grapes will be about 18 billion AMD,  and the maximum loan amount per one borrower is 1 billion AMD. This  was reported by the press service of the RA Ministry of Agriculture.

ArmInfo. In the symbolic year of two jubilees -130 years of Armenian brandy  production and 50th anniversary of Martiros Sarian House-Musuem,  ARARAT Museum will offer its visitors a unique journey through the  history of the Armenian brandy making and will present the paintings  of the master in a new way. 

ArmInfo. In the year of the  130th anniversary of Armenian brandy production, the Yerevan Brandy  Company (YBC) presented a new unique product ARARAT Single Cask, a  57% strength brandy, issued in strictly limited quantities and  numbered bottles.

ArmInfo. The process of buying grapes started in Armenia, the first batch of which was purchased by the Armavir branch of the Yerevan Brandy Factory. Minister of Agriculture of the Republic of Armenia Ignatiy Arakelyan familiarized himself with the process of the start of the procurement campaign, who, prior to his appointment as minister, headed the YWF.

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ArmInfo. Ani brandy of ARARAT Yerevan Brandy Company received golden medal at the Berlin International Competition of spirits, and YBC itself was awarded with special international medal ?Enterprise of the year.

ArmInfo. Prices on precious  metals have dropped by 3.9% versus 0.3% growth in previous week,  which is mainly determined by accelerated reduction of silver and  platinum prices at the background of negative dynamics of gold and  palladium prices. 

ArmInfo. Yerevan Brandy Company (YBC) will launch grape procurement on September 15 at its Armavir branch, on September 16 - at Aygevan branch and in September 19-20 - in Berd.