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Borjomi Manufacturer to Pay 8.496 million GEL to State Budget

The mineral extraction license issued to LLC IDS Borjomi Beverages Company has been revised. Namely, under the November 9 government decision, the company will be enabled to increase the mineral extraction volumes.

Under the amendments, the mineral extraction volume will be no more than 294 774 cubic meters, for the leap year – 295 581.6 cubic meters.
The license owner must pay 8 496 192 GEL to the state budget in exchange for increased mineral extraction limits. The amount must be paid within 30 calendar days upon the license revision” the decree reads.