ARMENIAN GOVERNMENT PLANS TO SELL MOSCOW BRANDY AND WINE FACTORY

PanARMENIAN.Net - The Armenian government plans to get about $300-400 thousand for the share holding of "Ararat" brandy and wine factory. RA agriculture minister David Zadoyan has stated that in his interview with "Arminfo" agency. At that he noted, at present no one wishes to acquire that even at such a price. That is explained with that purchasers are worried with a 2 million debt of that factory that will pass to new owner. The minister thinks that the factory has no cost and has only the name "Ararat". "Ararat" that does not function at present is sold with its unfinished Biryulov winery that also belongs to the Armenian government.