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“Georgian Olive” Entering the World Market

Georgian Olive Entering the World Market

The products of “Georgian Olive” will soon appear at the market from October 2016. Moreover, it is planned the production to enter the world market.

The first, high-class olive processing plant is already operating in village Sakobo, Signagi Municipality.

According to George Svanidze, founder of the company, he plans to make additional investment of 5 million GEL in this branch until 2018 and increase of olive plantation from 300 ha to 1000 ha.

George Svanidze expresses his gratification, that they have a chance to produce high quality olive oil with a competitive price.

Additionally, he makes a note on the following advantage, by which Georgia is distinguished from its main competitor countries: these are cheap workers, lower rates on energy and liberal tax policy.

It should be noted, that the first product will appear at the market from October under the name of “Georgian Olive”. However, the brand plans to add brands for the future. The products will be sold in the chain of “Carrefour”.

“I think that, if you do anything correctly with your heart, you should not be feared of the risk,” – Svanidze said.