Wooden Clock and Furniture Enterprise to Open in Georgia

A furniture and clock production company is soon to opened in Georgia, claims the Prime Minister of Georgia, Giorgi Kvirikashvili. The company will open in the framework of the state program ‘Produce in Georgia,’ with an approximate investment of up to 1,793,000 GEL.

The Ministry of Economy and Sustainable Development of Georgia says that the Woodmaster Company will produce furniture, wooden products, and watches and their components. Within two years, the company will be expected to be producing at least 3,000 units of furniture, 1,500 wooden products and 50 clocks.

At present the government is considering a process of direct sale of the enterprise to Woodmaster, which is currently under state ownership.

The Prime Minister pointed out that more and more companies are making use of the state program and are included in the Produce in Georgia list. “There is a high number of companies which were created thanks to the project in its early stages. I’m confident this trend will continue,” Kvirikashvili said.

Eka Karsaulidze