The Bank of Georgia actively continues to support local companies in order to strengthen local production. In partnership with the bank, the ice cream company "White Bear" in Senaki has significantly increased its production and is already producing products worth GEL 1,450,000 per year. The total cost of the project is GEL 2,045,000, and the bank's investment total to GEL 464,000.
"By cooperating with the bank, we were able to further expand the ice cream factory in Senaki. With the support of the bank, we purchased equipment and increased production, as a result of which we sell ice cream in several regions. These are: Samegrelo, Adjara, Guria, Imereti, Akhaltsikhe. We also supply stores in Rustavi and Tbilisi. At this stage, we have employ 80 people and we are planning to open a second pavilion in Zugdidi, which will create new jobs. In the future, we are going to sell our products all over Georgia", says the representative of the company, Davit Garuchava.
"The Bank of Georgia continues to encourage small entrepreneurs in the regions. We are glad to give the opportunity to strengthen another business through our involvement. It is important when an entrepreneur tries not to stop, to develop, to create new jobs and thereby contribute to the development of the region. And we are always ready to support such projects", said Giorgi Bochikashvili, Head of Sales and Business Development, Retail Business Banking Department at Bank of Georgia.
