Deal #10600

Georgia
Created at
2024-09-04
Last update
2024-09-11

Detailed crop, animal and mineral information

Crops area/yield/export
  • Oil Seeds (unspecified), Olives [current] 1 500 ha
Comment on crops
Over the past 15 years company has planted as many as 1 million olive trees in eastern Georgia and has built an olive processing factory in a local town (Sakobo village).  The company produces extra-virgin olive oil, as well as marinated green and black olives. The company also planned to produce grape seed, pomegranate and peach kernel oil (in 2017). At its website company also offers seedlings of olive, walnut, apple, pear, berry, almond, quince, pomegranate and peach.

Use of produce

Has export
Yes
Country 1
China
Comment on use of produce
In 2018, within the framework of the business visit of the Georgian “Partnership Fund“ to China, a formal agreement was reached with the largest investment company in China regarding the export of Georgian olives. The products are designed for both the local market and for export. The target markets are the Transcaucasian countries, America, Europe and the CIS area.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
The olives are used to produce high-quality extra virgin and virgin olive oil. The company’s products are sold in major supermarkets and supplied to major hotel chains.