Adjara Textile Resumes Operation; Losses in 2 Weeks Marked GEL 0.5 million

After a 14-day break, the Kobuleti plant of Adjara Textile Company resumed operation on October 6.

As noted by the company’s financial director Gia Lominadze, the enterprise restarted operation, but with a limited number of employees.

“We continue negotiations on how to carry on operation and which regulations to apply”, Gia Lominadze told Business Partner. We have no specified information yet which orders were cancelled amid the suspension, he added.

“Naturally, these developments have significantly affected our finances. Our losses in 2 weeks amounted to around GEL 0.5 million. Only those employees that were found uninfected after repeated tests, will continue working”, Gia Lominadze said.

We remind you that the company temporarily closed the Kobuleti plant on September 26 after several employees were found infected.

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Adjara Textile Resumes Operation; Losses in 2 Weeks Marked GEL 0.5 million

After a 14-day break, the Kobuleti plant of Adjara Textile Company resumed operation on October 6.

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