Business
Posted:
3 years ago
Georgian Spring Water Mtis Tskali Enters Azerbaijani Market
Mtis Tskali appeared on the local market in July, 2020 and as the businessman, Temur Chkonia noted, the brand has outperformed the market by 20%.
Azerbaijan is one of the key markets for Coca-Cola Bottlers Georgia. According to Temur Chkonia, last year alone the company sold products worth up to 10 million euros in Azerbaijan. Due to the increased demand for Mtis Tskali and other products produced by them, the company is considering expanding its production line and entering new export markets.
Coca-Cola Bottlers Georgia received a 25-year license for spring water extraction in 2019. 3,200,000 euros were invested in the creation of the "Mtis Tskali" brand.