Sun, 10 August
29.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

The highest mountain organic vineyard in the world founded in Armenia (Video)

YEREVAN, March 9, /ARKA/. Winemaking advances to the mountains: at an altitude of 2080 meters above the sea level, next to Smbataberd and Tsaghats Kar, is the organic vineyard of Maran company. The Company has founded the highest vineyard in the organic world with the philosophy of preserving and balancing biodiversity.

Maran is the first private wine producer in independent Armenia and now it is one of the pioneers in organic winemaking, Acba Bank said in a press release. 

When Founder of Maran company, Avag Harutyunyan, was founding the organic vineyard with his sons, he knew that there were going to be bigger expenses and more difficulties. They needed reliable partners who would go down that road together with them.

Maran took part in the Organic Agriculture Development program, implemented jointly by ACBA Bank and German Nature Protection Union (NABU) and received a certificate of an organic wine maker.  

“When we were planting this vineyard, from the beginning we had the understanding that we were taking a great weight on our shoulders. You have to grow it for a long time, to have crops later. If not for the support from ACBA Bank and NABU, we wouldn’t have managed to overcome this situation. We have planted the vineyard not touching any bushes or stones. We have tried not to touch the landscape. We have used only organic materials to grow healthy,

Maran is now exported to more than ten countries – Australia, Thaiwan, China, Czech Republic, Poland, the Netherlands, France, U.S. etc. 

Details – in the video.

The Bank is supervised by CBA. -0-

spot_img

POPULAR

Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.

Armenian bank sees HSBC Malta takeover as gateway to Europe

Ardshinbank has submitted an offer to acquire HSBC Malta, David Sargsyan, deputy chairman of the Armenian bank, told the Times of Malta.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img