Bank of Georgia to Invest 7.4 million GEL in Wine Museum
Wine Museum has opened in Mtskheta with the financial support of Bank of Georgia. The project is implemented by LLC Royal Wine Cellar.
Georgia Wines under COVID Pressure
The COVID-10 pandemic has narrowed Georgia’s wine exports by 5-6%, while the value of exports declined by 12%.
Online Advertising Campaign of Georgian Wines to Start in Latvia
"Taste the best Georgian wines" - Georgian National Wine Agency has launched an advertising campaign for Georgian wines under this name in Latvia.
Struggling Wine Industry- Sales Fell by 10-15% in Georgia
The wine industry is struggling. The Minister of Agriculture told reporters that the pandemic had reduced wine sales by 10-15%.
Government to Subsidize Vintage with GEL 60 Million
The government will subsidize the vintage with 60 million GEL. Co-financing does not apply to Saperavi and other rare varieties, which are already in high demand.
Small Wineries Expect 40% Reduction in Wine Sales in 2020
Small wineries expect a 40% reduction in wine sales this year.
Deputy Agriculture Minister: Lower Wine Export Cannot Dramatize Situation
COVID-19 has damaged small wine cellars. Winemakers bear losses as a result of declining wine exports and tourist inflows.
Measures in Support of Winemaking in the Midst of a Pandemic Crisis
While expecting huge gape yield this year, Government of Georgia is starting preparation for the harvest.
Preparation for Vintage in Georgia has Begun
An abundant harvest is expected on the vintage this year. The government has already started working on the project.