The Yerevan Ararat Brandy Factory was founded by the Armenian merchant and philanthropist Nerses Tairyan in 1877, within the territory of the former Erivan Fortress.
First, he started his industry with wine production.
Soon after, he started to produce Armenian brandy as well.
In 1899–1900, the factory was acquired by the Russian businessman and wine-maker Nikolay Shustov.
In 1920, Armenia became part of the Soviet Union and the economy was entirely nationalized.

The current facilities of the factory were built in 1938 on the site of the former sardar palace of the Erivan Fortress.
The building was designed by architect Rafael Israelyan.
In 1940, the new building of Shustov's factory became known as "Ararat".
However, in 1948, the brandy production in Soviet Armenia was re-organized, with two separate entities: the Yerevan Ararat Brandy Factory (founded in 1877 and current producer of NOY brandy), and the Yerevan Brandy Company (founded in 1887 and current producer of ArArAt brandy).

After the collapse of the Soviet Union in 1991, the factory entered a period of abandonment until 2002, when it was privatized and sold to Multi Group Holding led by businessman Gagik Tsarukyan.
Around US$ 50 million was invested into restoration and constructions, acquisition of new bottling line and oak barrels.
The production of Armenian brandy was relaunched by the factory and the drink was labeled as "NOY", after Noah whose Ark has rested on the Mountains of Ararat, according to the biblical scriptures of the Book of Genesis.
The Yerevan Ararat Brandy Factory was founded by the Armenian merchant and philanthropist Nerses Tairyan in 1877, within the territory of the former Erivan Fortress. First, he started his industry with wine production. Soon after, he started to produce Armenian brandy as well. In 1899–1900, the factory was acquired by the Russian businessman and wine-maker Nikolay Shustov. In 1920, Armenia became part of the Soviet Union and the economy was entirely nationalized. 
The current facilities of the factory were built in 1938 on the site of the former sardar palace of the Erivan Fortress. The building was designed by architect Rafael Israelyan. In 1940, the new building of Shustov's factory became known as "Ararat". However, in 1948, the brandy production in Soviet Armenia was re-organized, with two separate entities: the Yerevan Ararat Brandy Factory (founded in 1877 and current producer of NOY brandy), and the Yerevan Brandy Company (founded in 1887 and current producer of ArArAt brandy).
After the collapse of the Soviet Union in 1991, the factory entered a period of abandonment until 2002, when it was privatized and sold to Multi Group Holding led by businessman Gagik Tsarukyan. Around US$ 50 million was invested into restoration and constructions, acquisition of new bottling line and oak barrels. The production of Armenian brandy was relaunched by the factory and the drink was labeled as "NOY", after Noah whose Ark has rested on the Mountains of Ararat, according to the biblical scriptures of the Book of Genesis.
Noy (brandy)