Yerevan/Mediamax/. “Whitehall” company, one of the leading spirit importers and distributors in Russia, concluded a contract with Armenian “Great Valley” Company.

Mediamax reports referring Finmarket that the statement of the Russian Company reads that its plans for 2011 include making “Great Valley” production’s sale volume reach 2.1mln bottles, and this makes 10% of the Armenian cognac market. In long-term prospect, “Whitehall” plans to enter the list of top tree and occupy over 25% of the Armenian cognac market in Russia.

Cognacs will be sold with two trademarks: “Great Valley” with the cost of 500-2000 rubles per bottle and “King Tigran” with the cost over 2000 rubles.