Kotayk Brewery

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Kotayk Brewery LLC
IndustryAlcoholic beverage
Founded1974
HeadquartersAbovyan, Kotayk Province
Armenia
ProductsBeer
Production output
500,000 hl
OwnerMulti Group Concern
WebsiteKotayk Brewery LLC

Kotayk Brewery (Armenian: «Կոտայք» գարեջրի գործարան /kˈtk/), is a brewing company founded in 1974 in Abovyan, Kotayk Province, Armenia.

History[edit]

Kotayk Brewery was founded in 1974, as a state-owned enterprise by the government of the Armenian Soviet Socialist Republic, with a limited scale of production. After the completion of the entire equipment, the factory started large-scale production in 1978.[1]

After the dissolution of the Soviet Union, 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 the investment of US$ 17 million dollars, 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.[2] However, the company was sold back to Gagik Tsarukyan's Multi Group Concern in June 2011, to become a limited liability company.

Production[edit]

The brewery produces a number of varieties of Kotayk beer (in Armenian Կոտայք):[3]

  • Kotayk Gold (alc. 5.6%)
  • Kotayk Lager (alc. 5.2%)
  • Kotayk Tshani
  • Erebuni (alc. 6.4%)
  • Abovyan's Tshani

References[edit]

  1. ^ Kotayk Brewery LLC
  2. ^ Press Review, Armenia Liberty (RFE/RL), March 30, 2006.
  3. ^ Products

External links[edit]