Saturday, December 24 2016 15:04
Naira Badalian

Armenian Agriculture Minister urged consumers to buy Roquefort cheese on farmer fairs to help employees of bankrupt enterprise

Armenian Agriculture Minister urged consumers to buy Roquefort cheese  on farmer fairs to help employees of bankrupt enterprise

ArmInfo. Armenia's Minister of  Agriculture Ignatiy Arakelyan urged the Armenian consumers to buy  Roquefort cheese on farmer fairs to help employees of bankrupt  enterprise, he stated about this at the press conference on the  results of the year in Yerevan on December 24. 

According to the data of the Ministry two agricultural fairs will be  held daily in Yerevan between December 24 and December 30. The two  fairs, one near Mashtots Avenue and the other at Kasyan Street, will  open at 9:00am. Those farmers, who sell their own production, are  allowed to trade at the fair. Farmers from Chambarak town will also  be allowed at the fairs, who will sell Roquefort cheese. Thus,  employees of "Ashtarak Kat" company, who have not been paid salaries  for several months, hope to earn money by selling cheese, which they  have received instead of salary. 

To recall, Ashtarak Kat Company, one of the leaders on the dairy  market in Armenia, was declared bankrupt. The enterprise is in debt  not only to its employees but also farmers, suppliers of milk. The  bankrupt company has given Roquefort cheese to people of Chambarak  instead of salaries at the price of 2000 drams ($4 or 265 RUR) for  1kg. The company launched production of the Roquefort cheese under  MolderBlue brand in 2014 hoping to export it to Russia and improve  financial condition. Currently the enterprises undergoes process of  change of owner, US Agra Remara company may become the new owner. 

Chamabarak town's Mayor Yura Avalyan has informed that people have  not been paid salaries for 7-8 months. Moreover, debt for purchasing  milk has not been redeemed for 4-5 months. According to him currently  there are nearly 60 tons of Roquefort cheese on the plant but there  is problem of selling it.  "We are searching for markets and trying  to establish contacts for exporting to Russia", the Mayor noted.  The  Company has given 40 tons of Roquefort cheese to the people of  Chambarak. As of December 20 the company has managed to sell nearly  10-13 tons of cheese and the earned money was spent for redemption of  debts to employees and milk suppliers.

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