Coca-Cola Vice President: We Continue to Invest in Georgia

"Coca-Cola is interested in expanding production in the region and continues to invest in Georgia," Vice President of Coca-Cola Michael Goltzman sais at a meeting with Georgian PM Giorgi Gakharia, held within the framework of the World Economic Forum in Davos.

Goltzman officially invited the Head of Government of Georgia to the opening ceremony of the company's new production line in Georgia. The sides noted that the expansion of the company's production in Georgia creates more employment opportunities and significantly contributes to the country's economic development.

“The investment environment in Georgia is a major motivator for setting up an additional production line and expanding business in the country. We are ready to continue our cooperation with the Government of Georgia in the development of a circular economy. The Coca-Cola system considers that its business in Georgia is very important. We are proud of the more than 200 people we have employed. We continue to invest in Georgia. During our meeting with the Prime Minister, we talked about business expansion and the increase of investments, as well as new initiatives for sustainable development," the Coca-Cola Vice President.

The Georgian Prime Minister is participating in the World Economic Forum in Davos, Switzerland. His working visit to the Swiss Confederation takes place on January 21-24. As part of the visit, high-level bilateral political meetings are being held with heads of state and government.

In addition, the Georgian delegation's working visit includes meetings with heads of international financial institutions and the world's largest companies, including Philips Lighting, Siemens Energy, Camille Bloch, Coca-cola, and Oneweb.

The Georgian delegation, led by Gakharia, consists of Finance Minister Ivane Machavariani, the Prime Minister's Advisor on International Affairs Irakli Chikovani, and Economic Adviser Beka Liluashvili. 

By Ana Dumbadze 

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22 January 2020 14:41