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Thursday, December 12, 2013

Director of National Wine Agency explains an expected price hike for wine by increased demand

13.12.2013 (Hvino News). The National Wine Agency is not going to interfere with the companies’ decisions on the expected price hike. As director of the Agency states to Georgian Commersant radio, they do not have the opportunity to influence legislation. Levan Davitashvili says that the market will regulate situation and companies will continue to increase prices until the market allows this.

Davitashvili explains the decision on wine price increase by the increasing demand for wine but notes that up to 80 manufacturers are operating in the market, including those who will meet the market demand with a relatively lower price.

© Hvino News       |  DRINK GEORGIAN!

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