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New brick factory opens in Georgia

Business Materials 17 November 2020 17:46 (UTC +04:00)
New brick factory opens in Georgia

BAKU, Azerbaijan, Nov.17

By Tamilla Mammadova – Trend:

With the financial participation of the Bank of Georgia, the brick enterprise "Keramika Eltorente +" starts its activities, Trend reports via Georgian media.

The bank managed to mobilize $1.80 million to support the project.

The plant is slated to open at the end of this year, with a total project cost of $3.3 million.

As reported, the company will employ up to 40 people and the product is planned to be sold on the local market.

The product has a competitive price and weight, as well as good heat and sound insulation performance. Consequently, the production of this plant will have an impact on the reduction of imports.

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