[vc_row][vc_column][vc_column_text el_class=”text: justify”]In 2012, Armenian capital city\u2019s Yerevan Brandy Factory (YBF) recorded a 25-percent growth in brandy production, and a 27-28-percent growth is expected for this year, Factory Executive Director Ara Grigoryan said during a press conference on Monday.<\/p>\n
The brandy sales reached 3.5 million liters in the year past, as compared to the 2.7 million liters in 2011.<\/p>\n
In Grigoryan\u2019s words, although the geographical scope of Armenian brandy exports has not expanded substantially, YBF managed to more deeply penetrate into the markets where it is already established.<\/p>\n
To note, the great majority of the Armenian brandy is consumed in the Russian market.<\/p>\n
\u201cWe are hopeful that, in the next 5-7 years, brandy production will not appear in the [same] situation as it was during the [global economic] crisis. We will respond to the changes in the market more flexibly and quickly,\u201d Ara Grigoryan stated.<\/p>\n
He added that the lifting of the ban on Georgian brandy imports to the Russian market will not have any impact on the volume of Armenian brandy exports.<\/p>\n