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groong: Armenian Cognac to Be Exported to EU Countries via Latvia

Rosbalt, 26/02/2004, 18:02

Armenian Cognac to Be Exported to EU Countries via Latvia
RIGA, February 26. The Yerevan cognac distillery is planning to export
cognac to Western Europe via Latvia after its accession to the EU. Armen
Ovselian, deputy commercial director of the distillery, said ‘we already
export our product to European countries including the Czech Republic,
Germany, the Netherlands and Greece.’

‘We are not exporting much at present and most of our orders come from
Armenian and Russian diaspora. Latvia’s accession to the EU will provide us
with a route to other European markets,’ he stressed. ‘We will resolve the
problem with delivery: it is expensive for European countries to order a
container of cognac direct from Armenia but it will become a lot cheaper
when we start exporting via Latvia.’

As the newspaper Business and the Baltics reported yesterday, the Yerevan
cognac distillery is 100 years old and is now owned by the French company
Pernod Ricard. Its cognacs are exported to 25 different countries and 2003
was the most successful in the distillery’s entire history. ‘For the first
time ever we sold over 4 million litres, an increase of 16.86%
year-on-year,’ Mr Ovselian said.

Armenian cognac is distributed in Baltic countries by Pernod Ricard Latvia.
About 100 thousand bottles of Armenian cognac were drunk in Latvia,
Lithuania and Estonia in 2003.

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