Epress.am News from Armenia
The director of one of the largest producers of dairy products in Armenia, Ashtarak Kat (“milk”) CJSC, Silva Gaginyan didn’t agree with an earlier statement by RA Standing Committee on Economic Affairs Vardan Ayvazyan in which he said that increases in prices can depend on the international market if there are no criminal dealings among large businesses.
According to Gaginyan, increases in prices are exclusively governed by international market processes, which, according to her, became unpredictable this year.
“As per usual, in the months of May, June, [and] July this year, we were likewise waiting for the decrease in international prices, which, however, didn’t happen,” she said, assuring that the company attempted to withhold the price increase for a few months, but “it was no longer possible, since it led to a negative balance.”
“In the face of competition rising in great strides in the dairy indusry, we raised the prices of cheese and butter,” she said.
The director of the company that also exports its products to Nagorno-Karabakh and Georgia said that unlike previous years, Ashtarak Kat purchases its raw dairy goods not from Belarus, but from other European countries, saving in price and quality. As for any more new developments, Gaginyan said that they don’t expect any more increases in price before the end of this year.