  Yerevan Brandy Factory sales volume decreases by 26% within 5 monthsJune 15, 2010 - 18:41 AMT PanARMENIAN.Net - Sales volume at Yerevan Brandy Factory decreased by 26% within January –May 2010 compared with last year’s results, factory director Ara Grigoryan stated. As he told a news conference in Yerevan, “Two of our main outlet markets, Russia and Ukraine, are still undergoing economic downfall stage. Among other marketing steps, we’re trying to make amendments to our price policy and product appearance to repair the situation. Brandy Factory re-equipment costs grossed over EURO 1 million; still, it’s hard to foretell the effect innovations introduced will have on the situation.”   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
