Armenian government confirmed decision on granting VAT privilege to investment program of Jermuk International Company. Armenian Prime Minister noted that it is world’s second biggest juice brand entering Armenian market after Coca Cola. PepsiCo brand is represented by Pepsi Cola, Mirinda, 7UP, Mountain Dew and Aquafina juices.
The program provides investments totaling $13,5m (5 bn AMD).Company also plans to construct a modern factory producing cooling drinks and natural juices in Yerevan.
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