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Georgian Beer Company to Issue GEL-denominated Bonds

In the third quarter of 2018 we will issue GEL-denominated bonds, Georgian Beer Company director Kakhaber Kotrikadze said.

This fact will enliven the market, Kotrikadze added.

“Georgian companies should come up with European level companies in terms of market organization and production”, Kakhaber Kotrikadze noted.

The company plans to intensify efforts in all directions by the end of 2018. All projects are to create new businesses and finance new ideas.

Georgian Beer Company has made investments of 150 million GEL. In 2017 the company financed and implemented projects of 8 million EUR. The company launched aseptic production of juices.

As to natural juice processing plant project, it will be comprehensively explored by the end of 2018. The project will be implemented in 2019 and more than 7 million EUR will be invested in the project implementation.