Rating of the Largest Wine Companies in Georgia

Exports of wine and spirits from Georgia in 2020 amounted to $ 342.5 million. Wine exports reached $210.3 million, down 5.6% year-on-year, while spirits exports rose 3.8% to $132.2 million. Consequently, the sector overcame the last crisis year without losses.

Large companies producing alcoholic beverages have made their financial figures public. At this time, the financial results of the companies for 2020 are not known, however, their results for 2019 are publicly posted on reportal.ge. The first place in the ranking is taken by the group "Kakhetian Traditional Winery", whose revenue exceeded 105 million GEL in 2019, with a net profit of 22.6 million GEL, followed by Bolero & Company, whose sales amounted to 67.5 million GEL.

Rating of Georgian Wine and Spirits Companies:

1. Kakhetian traditional winemaking - income in 2019 105,239,812 GEL;
2. Bolero & Company Ltd. - Income in 2019 67,454,865 GEL;
3. Askaneli brothers - income in 2019 63,223,666 GEL;
4. JSC Sarajishvili - income in 2019 45,174,622 GEL;
5. JSC Badagoni - Income in 2019 42,974,268 GEL;
6. JSC Georgian Bevages Holding, Teliani Valley Holding Company - Income from wine sales in 2019 42,150,000 GEL;
7. JSC Telavi Wine Cellar - Income in 2018 38,593,641 GEL;
8. Chateau Mukhrani Group and GWS (JSC Marusia) - Income in 2019 36,573,000 GEL;
9. JSC Tbilvino - Income in 2019 36,369,000 GEL;
10. Khareba Winery Group - Income in 2019 is 34,798,579 GEL.