"Organic Agricultural Development" 2017-2018 program winners are revealed

The results of the "Organic Agricultural Development" 2017-2018 program jointly
implemented by ACBA-CREDIT AGRICOLE BANK and Nature and Biodiversity
Conservation Union in Germany (NABU) have been summarized.

For determining the results of the contest the priority has been given to those
entrepreneurs, who in case of certification will have wide opportunity to export their
products and will initiate new jobs creation, also has been considered the fact of
operating in border communities.

So, 15 companies out of 70 who had applied to the program have become winners.

The annual program of “Organic Agricultural Development” is implemented since
2015. Within the framework of the program, 30 entrepreneurs have received organic
certification. With the support of German specialists, the project beneficiaries have been
trained each year. More than 50 new jobs have already been created, provided with the
opportunity of award winning and operating in BIO production. In 2017-2018 it is
planned to create 70 new jobs.

Organic Agriculture Development project is implemented for the clients of ACBA-CREDIT
AGRICOLE Bank.

The winners are:

1. Darman Tea
2. Orwaco
3. Nairian
4. Lukashin Agricultural Association
5. Agrolog Industrial Cooperative
     1 Armen Hovhannisyan
     2 Ishkhan Aslanyan
     3 Aleksan Hovhannisyan
6. New Edesia farmers’ group
7. Armberry
8. Go Green Armenia
9. “Ar shaman” Ltd
10. Farmer Ashot Qalashyan, Syunik
11. Farmer Geghayr Zurnachyan, Tavush
12. Farmer Khachatur Gevorgyan, Syunik