The head of the Ministry of Economy of Armenia, Vahan Kerobyan, said that the Yerevan Brandy Factory (which produces Ararat brandy) belonging to the French Pernod Ricard may stop its export to Russia. Transmits words DEA News.
“It seems official that the Yerevan Brandy Factory will stop exporting to Russia,” the minister said.
He clarified that at the moment this is not an official statement.
According to Kerobyan, this will create problems affecting grape purchase.
Following the start of the Russian special operation in Ukraine, a number of alcohol producers left the Russian market: Diageo (brands such as Johnnie Walker, Baileys, etc.), LVMH (Hennessy, Moët & Chandon, Bacardi Limited), Pernod Ricard (Chivas Regal), Jameson, Absolut, Ararat) and Brown Forman. Experts registeredIt was stated that imports of alcoholic products, which fell in the second quarter of 2022, started to recover.