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Zurab Ramazashvili

Georgia’s Winemaking Business Suffers a Blow in 2015: Founder of Telavi Wine Cellar Reviews the Year

What is the opinion of Georgian winemakers on the 2015 results? The year was quite problematic, they said. Besides Russian and Ukrainian markets, problems arose in Belarus and Kazakhstan too. The ongoing political and economic developments in these countries have already made negative effect on exports of Georgian products and revenues of winemaking companies.

Interview with Zurab Ramazashvili One of the founders of Telavi Wine Cellar reviews the year of 2015 for their company.

The year of 2015 was satisfactory for our company if we take into account the regional developments. Russian and Ukrainian realities have sharply shrunk our exports indicators. Anyway, we have shifted these ratios to other markets. In 2015 the company entered new exports markets too, namely, South Korea, Uzbekistan and Kyrgyzstan.

“In 2016 the company will actively strengthen in the new markets, but the indicators depend on the political and economic situation in the neighboring countries. Moreover, in 2016 the company plans to arrange drip irrigation system by investing 1 million USD to make our grapes higher-quality products,” Zurab Ramazashvili said.