29.Apr .2022 12:00

IDS Borjomi Temporarily Suspends Production Due To The Sanctions

IDS Borjomi Temporarily Suspends Production Due To The Sanctions
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Mineral water producing company IDS Borjomi temporarily suspends production due to the sanctions.

"We would like to inform you that company IDS Borjomi Georgia has found itself in a difficult situation since the beginning of hostilities in Ukraine. The difficult situation, which is created on the main sale markets is added by another problem related to the limited access to bank accounts, which closed the possibility to the company of receiving foreign exchange earnings and settling with creditors.

The company has continued to operate to this day in the hope of substantially rectifying the situation, which unfortunately has not been possible so far.

Due to the above, the company is forced to temporarily suspend the production process in both Borjomi bottling plants from April 29.
We hope that the situation will improve in the near future and we will have the opportunity to resume functioning," IDS Borjomi said in a statement.