Mina Glass, a subsidiary of Anadolu Cam (Sisecam), is investing €1 million into its plant with the aim of increasing its exports.

Currently the company, located in Georgia’s Mtskheta region, produces more than 60,000 glass containers, 80% of which are destined for the domestic market and 20% for export to Azerbaijan, Turkey, and Italy.

More jobs will be created within the company, benefitting the local community and national economy.

Georgia’s Economy Minister Giorgi Kvirikashvili visited the Mina factory in Ksani village to meet with company officials and learn about the factory’s operations and future plans.

He stated: "370 people are employed at the factory. Today we discussed all the possible ways in which we can contribute to creating more jobs in the factory.

“We will do our best to help the company not to face any challenges while exporting its production.”

Several months ago Mina received an $8.5 million USD loan from the International Finance Corporation (IFC), and a loan of €5 million from Rabobank for the company’s expansion.

The funds were for the renovation and upgrading of equipment, along with energy efficiency investments.

Mina produces glass bottles for the beverages market – a priority export sector for Georgia as the country currently largely relies on imported bottles.

Caption: Currently, Mina produces more than 60,000 glass containers, of which 80 percent is used locally and the rest is exported to Azerbaijan, Turkey and Italy.

Source: http://agenda.ge/news/38942/eng