ACCORDING TO DIASPORAN ARMENIAN BUSINESSMAN, ARMENIA HAS
ALL PREREQUISITES FOR BECOMING REGIONAL EXPO-CENTER FOR
EXHIBITION AND SALE OF CIGARS
08-10-2007 20:00:00 | Armenia | Economy
YEREVAN, OCTOBER 8, NOYAN TAPAN. Armenia has all
prerequisites for becoming a regional expo-center for exhibition
and sale of cigars, Garo Buldukian, the owner of Garo Habano
Fine Cigars enterprise operating in the city of Santiago (the
Dominican Republic) expressed this opinion during a talk with NT
correspondent. He said that it will be possible to develop this
sector of economy only through import and sale as there are no
favorable climatic conditions for growing raw material for
cigars in Armenia.
According to G. Buldukian, Garo Habano Fine Cigars has 300
employees and produces 0.5 million cigars a year. He added that
it is envisaged to increase production to 1 million cigars soon.
The whole production is exported to the US and Europe.
The Diasporan Armenian businessman noted that 4 types of
cigars made by their enterprise were presented to the Armenian
consumer at the "High Smoke 2007" international festival held in
Yerevan in September. "Now we are waiting for responses, and in
case of the respective offer we will cooperate with cigar
importing and selling companies of Armenia," he said.