Armenian wine may find itself in supermarkets of Germany and China

• Saturday, June 16, 21:01

The Armenian wine may soon find itself in supermarkets of Germany and China, German businessman, the head of the insurance company Von Heydebreck, Claus Von Heydebreck, told ArmInfo correspondent before the beginning of a small forum in Yerevan. He arrived in Yerevan to look for profitable investments.

He said that at present he has been negotiating with one of the biggest Armenian wine producers, which will become the key supplier of Armenian wines to Germany and China. He preferred not to name the company. He also declined to name the volume of investments in the economy of Armenia and said he will revise the possibility of making serious investments in the sphere of building, insurance, tourism and medicine.

He also did not rule out opening of the office of his insurance company in Armenia. When commenting on a small volume of the local market, he said that this problem may be compensated by high insurance premiums which will meet the European ones. At the same time, he agreed to the fact that
the life standard of Armenian residents is low and only a small part of them may allow themselves to have European insurance. He said that medical insurance for the middle-aged citizens of Armenia will cost 300 EUR per month, and for people above 50 years - 1000 EUR.