Business
Posted: 1 week ago

100 People Employed in New Enterprise Created with Investment of 11 million GEL in Natakhtari

The Minister of Economy and Sustainable Development took part in the opening ceremony of the new enterprise. The company "Food Alliance" located in the village of Natakhtari produces a large assortment of bakery products and is fully equipped with new, European high-tech machines.

The enterprise was opened with the co-financing of the loan agency "Produce in Georgia" and in support of the EBRD program.

"We are very happy that during the pandemic, many new enterprises will be opened with the help of the state. This enterprise is equipped with the latest European technologies, all machines are imported from different European countries. This is a Georgian-French investment of 11 million GEL and, most importantly, employs about 100 locals. I congratulate the investors, Georgia and our Ministry on this success, "said the Minister of Economy after visiting the enterprise.

The company was founded by Georgian and French partners with many years of experience in the manufacturing and business development sector. Food Alliance's new venture offers customers a large assortment of European-style baked goods based on French traditions. Today, the company manufactures more than 100 products and supplies them to both large retail chains and hotels.