SUGAR IMPORTING ARMENIA MAKES EXPORT PLANS
YEREVAN, SEPTEMBER 5. ARMINFO. In 2005 the Sevan Sugar Plant has sold 1,500 tons of sugar in the home market against 650 tons in 2004.
The company's director general Armen Arakelyan says that their production is sold to 5-6 local producers - Zovq, Artashat Cannery, Euroterm (producers of Noyan juice). Arakelyan notes that by the end of this year the company is planning to start sugar export but refuses to say whereto.
He says that the plant buys raw materials in Brazil. In 2005 the company has imported 2,000 tons of raw materials against 900 ton in 2004. Arakelyan says that the production growth is due mainly to the plant's continuous operation.
The State Commission for Economic Competition Protection reports that the 97.% of the Armenian sugar sales are in the hands of the Astghatsolq Ltd owned by MP Samvel Aleksanyan. The Sevan Sugar Plant is the only sugar producing company in Armenia. The Customs Service reports that 100,000-120,00 tons of sugar is imported into Armenia each year.
YEREVAN, SEPTEMBER 5. ARMINFO. In 2005 the Sevan Sugar Plant has sold 1,500 tons of sugar in the home market against 650 tons in 2004.
The company's director general Armen Arakelyan says that their production is sold to 5-6 local producers - Zovq, Artashat Cannery, Euroterm (producers of Noyan juice). Arakelyan notes that by the end of this year the company is planning to start sugar export but refuses to say whereto.
He says that the plant buys raw materials in Brazil. In 2005 the company has imported 2,000 tons of raw materials against 900 ton in 2004. Arakelyan says that the production growth is due mainly to the plant's continuous operation.
The State Commission for Economic Competition Protection reports that the 97.% of the Armenian sugar sales are in the hands of the Astghatsolq Ltd owned by MP Samvel Aleksanyan. The Sevan Sugar Plant is the only sugar producing company in Armenia. The Customs Service reports that 100,000-120,00 tons of sugar is imported into Armenia each year.
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