Business
Posted: 4 years ago

The Company VIvi Planted Vineyard on 85 Hectares

Bank of Georgia continues to encourage the business to support winemaking. Collaborated by Bank of Georgia and Vivi Ltd, the vineyard was planted on 85 hectares in Kakheti, Gurjaani, Telavi, and Alaverdi.

Among them are varieties such as Kisi, Kakhetian Green, Saperavi.

Within the frameworks of the project, the company waits for 5-8 tons of harvest next year. The bank's participation in the project is 4,6 million GEL. The company, in total, owns 125 hectares of vineyards. 

It is also worth mentioning, that the company Vivi plans to build a factory next year. The company promotes employment in the Kakheti region. Vivi Ltd. employes about 150 people during the seasonal work.

"We are glad that an additional 85 hectares are added to the vineyards of Vivi Ltd. This will enable them to enlarge their production and create new workplaces. We are always ready to take initiatives that are aimed at business development and economic prosperity. We wish success to the company and ourselves in business, which promotes developing the wine sector.", declared Zurab Kokosadze, head of corporate banking of Bank of Georgia.