Nerses Tairyan was a well-known merchant and philanthropist. In 1877 he started industrial production of wine, in 1887 - of brandy at the territory of the former Erivan Fortress.
In 1898, Nerses Tairyan leased the factory to Nikolay Shustov, who purchased it a year later. N. Shustov became one of the first producers of brandy in Russia. Shustov’s company was honoured to become the chief Supplier of the Russian Emperor’s Court.
The period when Margar Sedrakyan worked at the factory, was called the “Star Time”. It was then that the most famous Armenian brandies, based on his technology, were created. In 1945 at a conference in Yalta Stalin offered Churchill a glass of Armenian brandy. Since then experienced in noble beverages British leader each month would receive a box of that brandy from Stalin.