Grand Holding | News

  • The stamp dedicated to the 75th anniversary of Hrant Vardanyan, the founder of "Grand Holding", was issued
    Armenian News - Tert.am - 09:53 Oct 03, 2024
    The stamp, the first day cover and the souvenir sheet dedicated to the 75th anniversary of the businessman, benefactor, founder of "Grand Holding", an Honored Worker of Economy of Armenia Hrant Vardanyan have been put into circulation.    The painter is Harutyun Avagyan, the designers are Vahan Abrahamyan and David Dovlatyan. The nominal value of the stamp is 1 000 drams, issued in 100 000 print run. 10 000 print runs of the first day cover and the souvenir sheet were printed. The main spheres of Hrant Vardanyan’s activity are depicted on the envelope: industry, agriculture and charity. In the 1990s with the efforts of Hrant Vardanyan, the domestic production was restored and developed in Armenia. At that time, “Grand Holding” was founded, and since then in the production sphere of Armenia “Grand Holding” continues to rank as the top taxpayer, the leading exporter of consumer goods and the largest employer.    
  • This year «Grand Holding» is celebrating the 100th anniversary of Armenian tobacco production
    Armenian News - Tert.am - 06:07 Sep 19, 2024
    Tobacco cultivation in Armenia began in the early 19th century, and the Yerevan Tobacco Factory was established in 1924.  In 1977, the Yerevan Tobacco Factory was reorganized and renamed «ARMTABAKPROM» - the tobacco production enterprise of Armenia, the traditions of which are now continued by «Grand Tobacco» (1997) and «International Masis Tabak» (2002) companies, founded by Hrant Vardanyan. With the establishment of these companies, the revival of the Armenian tobacco production began. Since 2012, the companies of “Grand Holding” have been managed by Hrant Vardanyan’s sons – Mikael and Karen Vardanyan. According to the annual reports, ever since 2007 «Grand Holding» has been the leading taxpayer, the largest exporter and the biggest employer of the Republic of Armenia in the field of production. According to Mikayel Vardanyan, the «Grand Holding» companies now offer a wide range of high-quality cigarettes, which are competitive in international markets, and thanks to it the production and export volumes hav...