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Mikheil Chkuaseli
General Director of GeoPlant Mikheil Chkuaseli

Mikheil Chkuaseli Assesses the Annual Performance of Private Sector in 2015

What has the year of 2015 brought and what the year of 2016 will bring? Amid the current social and economic tendencies in Georgia, a part of the major business sector representatives negatively evaluate the year of 2015, while another part shows content with the current year’s performance.d

Mikheil Chkuaseli General director of GeoPlant assesses the annual performance of their company.

“The year was successful because we opened a new plant in Ozurgeti and increased out potential as part of the Produce in Georgia program. As a result, we have increased output and sales. The program has doubled our production.

This year we have penetrated the Ukrainian market. At the same time, the GEL depreciation performed serious role and brought painful results to all companies. The GEL devaluation limited the solvency of our population. Nevertheless, the currency volatility has not brought catastrophic results to our company.

Our objective is to boost our output in two-digit figure and to penetrate new markets in 2016.