10 Oct 2013

Armenia will triple the production of wines

 
 
The Government of Armenia approved the program of development of the wine industry in the export-oriented industrial strategy. According to the development program by 2020 the volume of wine production in the country should increase by 3 times, up to 15 - 20 million liters per year. The government has already started to implement the program to provide assistance to wineries. Assistance has received three of the company. The company «Golden Grape ArmAs» received extensions for 3 years to pay VAT. "Saky & Sons" received a soft loan of $ 90 million drams, «Armenia Wine» received a deferral of payment of VAT in the investment of 1.4 billion drams. Source - www.alconews.ru