Minister of Environment Protection and Agriculture Levan Davitashvili declares that the government finds it difficult to sell state-owned thousands of tons of alcohol.
The government has accumulated thousands of tons of alcohol due to the vintage subsidy program. In addition, in 2020 the state received an unprecedented amount of grapes, cost of 104 million GEL through the subsidies.
According to Levan Davitashvili, state-owned company Akura bought the grapes from the farmers not only with the money obtained from the central budget, but also from the bank as a loan.
“Basically, brand spirits are produced. The product is sold through the auction. Several auctions were held, but all of them failed. In the process of privatization of state property, there is such a practice of holding a new auction with discounted price. We deeply hope that the state will be able to sell these stocks. We cannot tell you the exact amount, but it can be about 6,000 tons of alcohol, "- said Levan Davitashvili.
In total, during the 2020 vintage, the state purchased 1/3 of industrially delivered grapes, which means that more than a third of the farmers sold their crops to the budget organization.
State-owned Akura and the Crop Management Company, subordinated to the Ministry of Environment and Agriculture, sell alcohol through privatization. According to the eAuction.ge, 54 auctions will end today at 15:00 and alcohol of 6,000,000 liters are sold for 43.3 million GEL. No bids have been observed at the auction yet.
