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Most Favorable Export Market For Fishing Business Is Turkey - Geo Fish Company

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Natia Taktakishvili
09.01.23 14:00
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Kakha Lataria, co-founder of the fishing and fish processing company Geo Fish Company says Turkey is the most favorable export market for selling the products.

The Co-founder of Geo Fish Company noted that the company has a license for fishing in the Black Sea, with which it has certain fishing quotas. The obtained fish is processed in the Poti factory, where up to 3,000 tons of fish meal and 2,000 tons of fish oil are produced. "Geo Fish" sells almost all of its products to European and post-Soviet countries.

"Turkey is still the most favorable and highly paid market from the business point of view. Then come different European countries. Armenia and Azerbaijan are also interesting markets in terms of exports," said the co-founder of Geo Fish Company.

Along with exports, the company also sells a small volume of manufactured products in the local market.

"In addition to exports, I would like to point out that modern fish and animal feed factories are developing in Georgia, which to some extent replaced imports with our products, therefore we also supply our own products to the local market," Kakha Lataria said.