Golden Grape Armas Company put into operation a new wine and brandy factory in Armenia’s Aragatsotn Region.  

The plant is installed with the most modern equipment manufactured by the Italian Granzotto Company, and Italian experts have designed this factory.

The Government of Armenia on Thursday authorized Golden Grape Armas Company a three-year postponement in the payment of the value added tax on some imported goods.  

To note, Golden Grape Armas had made huge investments in the uncultivated areas of Kosh and Sasunik villages of the aforesaid region. As a result, vineyards are established today in more than 160 hectares of land, 400,000 grapevines are planted, and there orchards in a 40-hectare area.