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Georgia reveals rating of its largest wine and spirits companies

Business Materials 14 May 2021 10:30 (UTC +04:00)
Georgia reveals rating of its largest wine and spirits companies

BAKU, Azerbaijan, May 14

Tamilla Mammadova – Trend:

Exports of wine and spirits from Georgia in 2020 amounted to $342.5 million, Trend reports via Georgian media.

Of this, wine exports were $210.3 million, down by 5.6 percent year-on-year, while spirits exports rose by 3.8 percent to $132.2 million.

Correspondingly, the sector overcame the crisis without losses last year.

Rating of largest wine and spirits companies in Georgia:

1. Kakhetian Traditional Winemaking – revenue in 2019 - 105.2 million lari ($30.7 million);
2. Bolero & Company Ltd. - income in 2019 - 67.4 million lari ($19.7 million);
3. Askaneli brothers - income in 2019 - 63.2 million lari ($18.4 million);
4. JSC Sarajishvili - income in 2019 - 45.1 million lari ($13.1 million);
5. JSC Badagoni - Income in 2019 - 42.9 million lari ($12.5 million);
6. JSC Georgian Beveridge Holding, Teliani Valley Holding Company - Income from wine sales in 2019 -42.1 million lari ($12.3 million);
7. JSC Telavi Wine Cellar - revenue in 2018 - 38.5 million lari ($11.2 million);
8. Chateau Mukhrani Group and GWS (JSC Marusia) - Income in 2019 - 36.5 million lari ($10.6 million);
9. JSC Tbilvino - income in 2019 - 36.3 million lari ($10.6 million);
10. Khareba Winery Group - income in 2019 - 34.7 million lari ($10.1 million).

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