Mon, 30 June
21.1 C
Yerevan
USD: 384.32 RUB: 4.89 EUR: 450.23 GEL: 141.11 GBP: 527.56

I Bari exports its produces to more than 10 countries

YEREVAN, December 1, /ARKA/. Nikolay Mkhitaryan, co-founder and director of I Bari company, wants Armenia to be known as a country of fruits in the world as well.

IBari produces jams, confitures, honey, rice, pomegranate wine, dried fruits and a variety of teas. The jams and confitures prepared with innovative recipes have quickly won a niche in the market due to their delicious taste, quality and correct branding. These produces are healthy due to zero chemical processing. Nikolay started his business 3 years ago by producing organic honey. With the support of and consulting from his partners – the Acba bank and the Germany’s Nature and Biodiversity Conservation Union (NABU), he was able to obtain an organic food producer certification and  increase output by almost 6 times. The company plans to implement 3-4 new projects every year for the local and foreign markets.

“From fragrant Armenian fruits and plants we create products for the benefit of all. When we started the organic honey business, we had to go through the certification process.  Thanks to Acba bank and NABU we were able to start a stable and long-term cooperation. Regardless of the amount of help, the important thing is that when you start a business, there are people who will go along with you on this difficult path. We are good partners. Now we are encouraged by the thought that products, on which it is written “Made in Armenia,” end up in the world’s best stores,” said I Bari co-founder and director Nikolay Mkhitaryan.

I Bari exports its produces to more than ten countries: Russia, USA, Belarus, Kazakhstan, England … The geography is expanding. Soon, they will be selling also in China and Malaysia.

Details in the video.

The bank is controlled by the Central Bank of Armenia. -0-

spot_img

POPULAR

ADB lowers Armenia’s economic growth forecast for 2025 to 5%, 4.7% expected in 2026

The Asian Development Bank has lowered Armenia's economic growth forecast for 2025 to 5%, said Don Lambert, ADB Country Director for Armenia.

Armenia’s top 5 banks by asset size for Q3 2023

According to ARKA news agency's quarterly bulletin 'Banks of Armenia,' the top 5 commercial banks of Armenia by asset size as of 30.09.2023 were Ardshinbank, Ameriabank,  Armbusinessbank, Acba Bank and Inecobank

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

ADB forecasts inflation in Armenia at 3% in 2025 and 2.8% in 2026

The Asian Development Bank (ADB) forecasts inflation in Armenia at 3% in 2025, said Don Lambert, Director of the Bank’s Resident Mission in Armenia.

Byblos Bank Armenia becomes CaseKey strategic partner

Byblos Bank Armenia has become the strategic partner of the CaseKey Business Case Competition, emphasizing the importance of continuous investment in promising educational programs.

LATEST NEWS

spot_imgspot_imgspot_img