Business
Posted: 1 month ago

Magnum Group Plans to Increase Productivity

Magnum Group, a local cement company plans to increase productivity next year.

As the director of the company, Paata Nikvashvili mentioned with BusinessPartner, if Magnum Group will produce 6000-6000 tons of cement per month, this number will increase to 12000 tons in the future.

2020 year was difficult for Magnum Group since the company worked only for several months this year.

"We started working in June. We were suspended before due to the pandemic. Everything was paralyzed. When we started functioning, we were satisfied with our work, however, the sales rate is decreased by 27-28%.", noted Nikvashvili.

Magnum Group operates in Georgia since 2008 and owns a cement factory in Kaspi.