Devaluation of AMD will allow “Noyyan” increasing its price competitiveness in external markets

04.03.2009 | 11:14 Home / News / News /

Yerevan /Mediamax/. “Euroterm” will not reconsider prices for its “Noyyan” juices in the local market in connection with Armenian CB’s return to the policy of floating exchange rate.

As the Executive Director of “Euroterm” Vahe Ghazaryan stated in an interview to Mediamax, at that the company realizes that in transition period it will bear losses in the view of increase of prices for imported raw materials.

Vahe Ghazaryan also stated that the devaluation of national currency will allow “Noyyan” juices increasing its price competitiveness in external markets and, in particular, in Russia.

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