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Lasha Papashvili is building a chateau in Kvareli to produce premium class wine

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BM.GE
29.03.18 12:42
1118
Businessman Lasha Papashvili is planning to build a wine chateau in Kvareli, for which he will invest 6 mln USD, - the businessman stated to BM.ge about this. Development of design of the enterprise is already on final stage and construction works will start in September. “This is going to be a chateau-type enterprise, not big, since we are going to produce at most half a million bottles annually. We target at premium segment and accordingly we can not produce much of our premium wine, We are planning to export the wine.

It can not be sold in chain stores. Since the amount is limited, we will enter premium category restaurants. So far, we are producing only 20 thousand bottles and we are planning to increase production to 500 thousand bottles during 5 years after opening. We target at American and European markets, as well as Japanese,” – states the businessman.

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