News
Over the past 9 years, through state co-financing exceeding GEL 46 million, the loans worth more than GEL 242 million have been issued for wine production in the Kakheti region
The Minister of Environmental Protection and Agriculture, Mr. Otar Shamugia together with the State Representative in the Kakheti Region Irakli Shioshvili inspected the winery "GRW" LTD in Kvareli Municipality, which is a beneficiary company of the Rural Development Agency.
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" Creation of enterprises which meet the modern standards is particularly important for the development of viticulture and winemaking sector. ‘’GRW’ Winery exports wine to several countries, including the United States. Moreover, promoting modern production is crucial for our growers, as far as, it will enable them to deliver quality grapes at appropriate prices, to get quality wine and export it abroad," Mr. Otar Shamugia said.
The company "GRW" benefited from the preferential agro-credit to develop wine production. A total investment of GEL 13 million was put to create a winery. The plant producing 4,000 tonnes of grapes employs 30 people permanently, including the hiring of 40 seasonal workers. The company exports wines to the US, China and European markets.Â
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It should be mentioned, that, within the framework of the "Preferential Agro Credit Project", since 2013, banks have issued loans worth more than GEL 242 million for wine production the in Kakheti region; The co-financing issued by the Rural Development Agency exceeds GEL 46 million.