Business
Posted: 4 years ago

Barbale Wines to Open on Gorgasali Street in September

Degustation space, Barbale Wine will be opened on Gorgasali street at the end of September.

The founder of the company, Zviad Kordzadze decided to put Barbale's products in sale.

According to him, space will unite 10 products of Barbale Wine, which will be in sale, and among those are Tsitska, Tsolikauri, Otskhanuri Sapere, Usakhelauri, Imeruli, Mtsvane and Rkatsiteli Kupaji, Tsolikauri from Lechkhumi, Khikhvi, and Krakhuna. As Kordzadze mentioned, the price range of wines will be for the middle price segment.

Zviad Kordadze has a wine cellar in Shindisi, and also purchased several Qvevri.

"Within the frameworks of 'cheap credit', I applied to the bank and they financed me with 30,000 GEL. 11% of the 15% loan is funded by the state and during the four years, I have to pay only 4% of the loan, which is 600 GEL. Sometimes we should try some things.", noted Kordzadze.

According to Zviad Kordzadze, Barbale Wines plans to process 10 tons of grapes this year. The company also plans to export the wine in the future.

The total price of the investment is 100,000 GEL.