Georgia – Canned Vegetables and Fruits

(repaid)

Marneuli Inc.

Projectdescription

The investors acquired a vegetable processing factory having been idle for ten years.

Georgia used to supply the Soviet Union with fruits and vegetables, today however imports most of these goods from abroad. Investing in this factory, Marneuli Inc. also revitalizes the local fruit and vegetable production.

The SSF loan allowed the management to revitalize the infrastructure of the factory. Subsequently, they received further funding from a local bank and started with installations of new processing lines (for tomatoes, cucumbers, apples, etc.).

Marneuli organized the sourcing of the required raw material from local farmers and started cultivating vegetables on its own land.

The company sells its canned vegetables and fruits to local retailers and keeps broadening its product range.

Development Impact

Creation of 167 jobs