Business
Posted: 1 year ago

Angus Group Expands its Farm with $ 50,000 Investment

Angus Group is expanding its livestock farm, for which the company is investing $ 50,000.

Otar Kobakhidze, the manager of the company and the farm, told BM.GE that in the post-pandemic period, the demand for Angus meat from the restaurant sector has increased. In addition, since the company plans to open its own store in Vake in a month, the Angus Group has faced the need to increase productivity.

"Today we have 200 Angus on the farm. Demand for Angus meat has increased since the pandemic and we are still actively cooperating with restaurants. We supply about 50 restaurants with high-quality Angus steaks. Accordingly, I plan to increase the farm, I have already placed the order and 100 Angus will arrive in 1.5 months, after that I will place the order again. The productivity of this product will increase by 40 tons per year, for which we will invest about $ 50,000, ”said Otar Kobakhidze, adding that today the final product of the farm is about 12 tons of meat per year and the farm employs 10 people.

The founder of Angus Group spoke about the difficulties of partnering with restaurants, noting that after the pandemic, all businesses faced challenges.

''Paying is a problem today, which is a challenge for my business. In the post-pandemic period, restaurants also had problems and some of them were even closed. There is a demand for Angus meat from restaurants, however, due to financial difficulties, some of them are unable to pay. We cooperate with many restaurants, but today I am focusing on the store, ”Otar Kobakhidze told BM.GE.

The entrepreneur and businessman says that despite the current situation and inflationary processes, the Angus Group manages to maintain the price of its products and supplies restaurants with 75 kg of Angus meat for 75 GEL.

Otar Kobakhidze meat processing enterprise under the brand of "Natural Valley" plans to open a new store in Vake in June of this year with an investment of 250,000 GEL and create additional 10 jobs.