29.01.2013 (Hvino News) The largest players in Georgian wine market speak about interest of Russian companies towards their products. Teliani Valley's director Shota Kobelia reported to Georgian radio
Commersant that up to five Russian importing companies expressed interest in Georgian wine, and Teliani Valley received proposals from them. However, he says that the talks between the parties are ongoing and no concrete decision has been made.
According to Mr. Kobelia, Teliani Valley has the same attitude towards the Russian market opening as to any new market, which is associated with additional financial income. Kobelia notes after the Russian market opens the company plans to export about one million bottles of wine.
Zurab Ramazashvili, Chairman of Supervisory Board of Telavi Wine Cellar (Marani brand name) also informs that they receive proposals from the Russian side every day, and at the moment they are considering them. As Mr. Ramazashvili explains, in 2006 70% of the company’s share fell on Russian market and the loss of Russian market created many problems for the company. So, Telavi Wine Cellar is going to observe the potential of Georgian wine in the Russian market in the first year and will increase export volume in line with demand.
Mr. Ramazashvili adds that in the case of the opening of the Russian market, Telavi Wine Cellar plans to export about 700 thousand bottles of wine considering the existing resources. However, if there is growth in demand the company will increase market share.
© Hvino News
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