YEREVAN (Noyan Tapan)–The Tavush Cannery open joint stock company and the MTS-Yug Ltd. signed a protocol on cooperation–under which it is planned to export the enterprise’s products to Ukraine. A problem with sale of products is the only one the enterprise has–the chief of the board of shareholders of the enterprise–Grisha Manoucharian told Noyan Tapan.
The director pointed out that over the past two years the production output has been constantly increasing. The factory produces about 20 types of jam–juices–pickles. This year the enterprise received a loan from the US Department of Agriculture. The loan was allocated for a period of three years at 15 percent annual interest. Manoucharian reported that $100,000-120,000 have already been spent on purchasing jars form Bulgaria. Sugar is purchased in Armenia.
According to Manoucharian–the enterprise is currently ready to increase the production output: if there are sales markets–the production output can be brought up to $300,000-400,000 against the $70,000-80,000 dollars last year.
Last year nearly 90 percent of the total volume of products was sold to the United States–Canada–and Russia. Manoucharian believed that direct ties with the consumers in these countries should be established to organize profitable export. Pointing to the difficulties connected with the sales of products on the local market–the director reported that this year preference will be given to the CIS markets.
The enterprise was built in 1992 and provided with modern equipment. It employs 100 people.
Manoucharian said that the Meghri Cannery is the only competitor of the enterprise in Armenia.