Business
Posted: 1 month ago

Freco Producing French Fries to Close, Reason is Pandemic

Due to the pandemic, the Georgian company Freco producing french fries has temporarily stopped working. 

The founder of the company, Irakli Kurdadze declared, that in the first 2 months of 2020, the factory was operating as usual, however, after closing tourism facilities, the demand was decreased on the product and they decided to suspend the company.

"The factory is closed, and we will not have any beneficial assistance in electricity in the direction of production, but we will use state subsidization in preserving our farming. This will help us to overcome the critical period and balance negative cashflow.", declared the head of Freco.