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Pepsi plant opens in Georgia
Interfax
May 27 2004
Tbilisi. (Interfax) - A Pepsi plant costing $7 million opened this
week in Tbilisi and it will be the exclusive distributor of PepsiCo
products in Georgia and Armenia.
The plant is owned by Georgia's Iberia Group, the European Bank for
Reconstruction and Development (EBRD) and two individuals, the plant's
General Director David Lomjari told Interfax.
The Bank of Georgia extended a $2 million loan and the EBRD loaned
1 million euros to finance the project. The plant has a capacity of
12,000 liters of soft drinks a day, which will completely satisfy
market demand, Lomjari said. The plant will produce soft drinks,
including Pepsi, Pepsi Light and Miranda.
Interfax
May 27 2004
Tbilisi. (Interfax) - A Pepsi plant costing $7 million opened this
week in Tbilisi and it will be the exclusive distributor of PepsiCo
products in Georgia and Armenia.
The plant is owned by Georgia's Iberia Group, the European Bank for
Reconstruction and Development (EBRD) and two individuals, the plant's
General Director David Lomjari told Interfax.
The Bank of Georgia extended a $2 million loan and the EBRD loaned
1 million euros to finance the project. The plant has a capacity of
12,000 liters of soft drinks a day, which will completely satisfy
market demand, Lomjari said. The plant will produce soft drinks,
including Pepsi, Pepsi Light and Miranda.