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Nabeglavi Focuses on Asian Markets

“Margebeli Tskali” (Healthy Water) produced by Nabeglavi company has entered  the Chinese and  Arab markets this year.

According to  a representative of the company, the company’s products are exported to China for several months and represents  an interesting direction for the company. Levan Chikovani says  that China is a big country and it will take time to develop exports to it. At this stage, the company exports its products to 28 countries worldwide. Along with the CIS countries, the company is working on diversification of  the  export portfolio  in order to maintain a growth rate in 2015.

According to the company’s Director Avtandil Svimonishvili, despite the exchange rate risks,  the company is still  investing  in modern technology. In his words, they are actively working to diversify the markets in order to build  monetary reserves. Svimonishvili claims that the Lari  devaluation adversely affected the company’s financial performance, however, these processes had a positive effect on some financial parameters.