Yerevan Brandy Company will receive 29,000 tons of wine this year
03-09-2018 12:00:45 | Armenia | Economy
Yerevan Brandy Company will increase the price of the purchased grape by 10 AMD. The company will start the grape purchasing process on September 11st. The start will be given at Armavir branch (Armavir region) of the enterprise. The Aygavan branch (Ararat region) will join the process on September 12nd. Yerevan Brandy Company will purchase grape at Berd branch (Tavush region) starting from September 17th. Keeping at the center of attention the importance of viticulture in the near-border territories, Yerevan Brandy Company here is ready to buy the entire harvest from grape growers, the grapes of which will correspond to the quality standards of YBC.
This year the company will purchase 29 000 tons of grape allocating 4 billion 60 million AMD for it.
The payments to the grape growers will be made within 3-4 days from the moment of grape delivery by transferring the amount to the bank accounts of farmers specially opened by the company.
The purchasing price for 1 kg of grapes will be 140 AMD for all the branches of the company. Moreover, being faithful to the practice “one year – single price”, which implies single price for absolutely the entire quantity of the purchased grape at all three branches, the company is ready to compensate the insufficient sugariness of the grapes of the Tavush region by the quantity of grapes purchased.
Supporting Programs
This year as well the company has continued the program for providing pesticides on credit basis, the total cost of which is over 260 million AMD. It should be noted that within the scope of the program the villagers cooperating with the company can have all the necessary pesticides on credit with no interest with the condition of covering the amount during the grape purchase.
YBC will also continue the program of long-term contracts established in 2013, the total number of which is currently 400.
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