Kotayk Brewery
   HOME

TheInfoList



OR:

Kotayk Brewery ( ), is a brewing company founded in 1974 in Abovyan,
Kotayk Province Kotayk (, ), is a provinces of Armenia, province (''Administrative divisions of Armenia, marz'') of Armenia. It is located at the central part of the country. Its capital is Hrazdan and the largest city is Abovyan. It is named after the Kotayk c ...
,
Armenia Armenia, officially the Republic of Armenia, is a landlocked country in the Armenian Highlands of West Asia. It is a part of the Caucasus region and is bordered by Turkey to the west, Georgia (country), Georgia to the north and Azerbaijan to ...
.


History

Kotayk Brewery was founded in 1974, as a state-owned enterprise by the government of the
Armenian Soviet Socialist Republic The Armenian Soviet Socialist Republic (ArSSR), also known as Soviet Armenia, or simply Armenia, was one of the Republics of the Soviet Union, constituent republics of the Soviet Union, located in the Caucasus region of Eurasia. Soviet Armenia ...
, with a limited scale of production. After the completion of the entire equipment, the factory started large-scale production in 1978. After the
dissolution of the Soviet Union The Soviet Union was formally dissolved as a sovereign state and subject of international law on 26 December 1991 by Declaration No. 142-N of the Soviet of the Republics of the Supreme Soviet of the Soviet Union. Declaration No. 142-Н of ...
, Gagik Tsarukyan took over the brewery in 1995 and started to produce beer under the brands ''Kotayk'' and ''Artsakh''. In 1997, Castel Group became the major shareholders of the brewery through an investment of US$17 million, being one of the earliest foreign investors in Armenia. In March 2006, Tsarukyan sold his 29% share in the brewery to Castel Group for US$4 million.''Press Review''
Armenia Liberty (RFE/RL), March 30, 2006.
However, the company was sold back to Gagik Tsarukyan's Multi Group Concern in June 2011, to become a
limited liability company A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of ...
.


Production

The brewery produces six varieties of beer: *Kotayk Gold (alc. 4.7%) *Kotayk Lager (alc. 4.2%) *Kotayk Tshani (alc. 4.5%) *Erebuni Strong (alc. 6.4%) *Erebuni (alc. 4.7%) *Urartu (alc. 4%)


References


External links


KOTAYK Brewery's Official websiteA review
{{Alcoholic drinks Breweries in Armenia Beer brands of Armenia Armenian brands Food and drink companies established in 1974 1974 establishments in Armenia