YEREVAN. – Manufacturer of Coca-Cola in Armenia is not purchasing sugar from monopolist Samvel Aleksanyan.

Talking to reporters during U.S. Ambassador John Heffern’s visit to the factory on Friday, CEO Gagik Danielyan said the company is purchasing sugar on its own.  

Asked whether it creates problems with Samvel Aleksanyan, who is a monopolist on sugar imports to Armenia, CEO said the company is not experiencing difficulties.

In an interview with Armenian News - NEWS.am experts noted that sugar imported to Armenia for a broad market does not meet the quality requirements of Coca-Cola brand.

“Our company imports a significant portion of components from abroad. We are in touch with the customs services quite often and I can say that we are not faced with unmotivated difficulties,” Danielyan said.

Virtually the sole sugar importer to Armenia’s broad market is Alex Grig LLC run by MP and businessman Samvel Aleksanyan.

Coca-Cola Hellenic Bottlers Armenia was founded in 1995 and is a franchised bottler of The Coca-Cola Company.