Owners
2023: Stoppage of supplies to Russia
On May 12, 2023, under pressure from politicians, Pernod Ricard announced that it had stopped exporting products to Russia amid the conflict in Ukraine.
Yerevan brandy factory, which produces Ararat cognac, also stops exporting its products to the Russian market, Economy Minister Armenia Vahan Kerobyan said. This, he said, could create problems with the purchase of grapes from farmers.
1998: Plant comes under control of Pernod Ricard
Since 1998, the Yerevan Brandy Factory has been owned by the international group Pernod Ricard.
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