On October 12, Cyril Claquin, Pernod Ricard Marketing Director for Eastern Europe & Russia, said that Yerevan Brandy Company plans to increase its brandy price in mid-term.

However, no significant changes in prices will be recorded now, Cyril Claquin told a press conference in Yerevan dedicated to presentation of the new package of legendary brandy.

For his part, Director of Pernod Ricard Armenia company Alexander Ghazarian said that prices for 3 and 5-star brandy in new package will not increase, while those for other types of brandy will grow insignificantly. According to him, it is related not only to the package renewal, but also to increase in prices for grape.