Business
Posted: 1 year ago

Tolia Plans to Launch Iced Coffee and Cakes

This year, Tolia added two new flavors to its assortment: ice cream with hazelnut and almond. The company had to re-equip the factory because of expansion, and invested about 1,5 million GEL last year.

"Our ice cream business is divided into two main parts - industrial (retail sales) and ice cream parlor (bottled ice cream, shake, iced coffee and cakes will be added in just a few days). The volume of industrial as a business is larger, however, a large percentage increase is visible in terms of ice cream parlors.

"The reason for this is most likely that the restrictions imposed by the pandemic have been lifted and, secondly, the company has increased the number of ice cream parlors across the country and today has a total of 25 ice cream shops."

Currently, the company produces 53 varieties of ice cream and owns 57% of the market.