SHANT PLUS AND ASHTARAK KAT RECOGNIZED AS COMPANIES WITH
DOMINATING POSITION IN MARKET
18-06-2008 17:20:00 | Armenia | Economy
YEREVAN, JUNE 18, NOYAN TAPAN. At the June 18 sitting, the
RA State Commission on Protection of Economic Competition
recognized Shant Plus and Ashtarak Kat companies as economic
entities with a dominating position in the market. By a decision
taken by the Commission in 2005, Shant Plus was also recognized
as an entity with a dominating position.
By the data presented by 14 economic entities operating in
the ice cream market, 2,449,852.1 kg of ice cream was made in
Armenia in 2007. Ice cream sales amounted to 2,310,332.2 kg,
exports - to 130,389 kg. The following companies had the largest
shares of sales: Shant Plus (30.73%), Ashatarak Kat (25.82%) and
Tamara (21.64%).