Business
Posted: 1 year ago

Export of Kula's Products Doubles

The export of Kula's products to the European and American markets has doubled.

According to Vano Goglidze, director of the "Kula" canning factory, the company used to export products worth 10 million GEL, however, now it exports 25 million GEL.

"The demand for products in the American and European markets has increased significantly. For instance, currently, the demand has increased in the US so much that it is quite hard for us to provide the country with the desired amount of supply. Demand has risen by 30% in Germany as well. Until now, we had 10 million GEL worth of products on export markets, now we export a total of 20-25 million."

As for the reasons for the increase in the export of products, in his opinion, the Russia-Ukraine war played a significant role.

"This was probably caused by the war, since, for example, products from Ukraine entered Europe, and Georgia is probably one of their alternative import markets. In addition, it is easier to transport products from Georgia to Germany than from China or America."