“Ararat” Brandy Company

The Armenian merchant Nerses Tahirov built Brandy factory in Yerevan in 1887. The Company "N.L. Shustov and sons” bought the factory In 1899, and in the early 20th century the company was awarded the status of the supplier of cognac for the royal palace of His Majesty the Tsar of the Russian Empire Nicholas II. The production of Shustov received the award "Grand Prix" at the Paris Exhibition in 1900. Due to the high quality properties, Shustov was allowed to write on a bottle cognac and not brandy, as was the custom to call all the spirits derived from grapes that were not grown in the province of Cognac. The monopoly production of cognac belonged the Yerevan Brandy Company in 1953-1991. Since 1991, this monopoly was canceled. In 1998, the Yerevan Brandy Company was privatized and became a member of the international group «Pernod Ricard». The deal amounted to 30 million dollars. During the years in Yerevan Brandy Company the following cognacs were produced: "Jubilee" (the first brandy of the highest quality in the USSR), "Dvin", "Yerevan", "Nairi", "Tonakan", "Akhtamar", "Armenia", "40 years "," 50 years. "