Nikora Employees Become Company Shareholders
In 2018, food production company Nikora turns 20 years old. To celebrate their anniversary, the company decided to congratulate all employees, around 4000 people, by offering them shares in the company.
The company says its employees greatly contributed to Nikora’s development, adding that their work must be appreciated.
“At present, Nikora is the leading company in the food industry. We managed this together with the help of 20-years of work from our employees. Our employees are important to us. Therefore, to mark our 20th anniversary, company shares have been given to every employee of the Supermarket Chain- JSC Nikora Trade, said Irakli Bokolishvili, CEO of JSC Nikora.
Bokolashvili said that last year, Nikora had over 43 million customers, adding that in order to form closer relationship with its customers, the company is ready to offer them shares also.
People interested in purchasing shares should apply to the company head office. The term of the offer will run through April 1, 2019.
The terms of the offer and the further information about the company (JSC Nikora Trade), is available on the website www.nikora.ge
In 2016, JSC Nikora Trade placed $5 million worth of bonds on the stock exchange, while in 2017, it placed $10 million worth of bonds by JSC Nikora.
Nikora is one of the most successful food producers on Georgian market. The company was founded in 1998 and soon gained the leading position in Georgia.
The company released the information on January 24, 2018 at a press conference at the Radisson Blu Iveria Hotel.
The purpose of the press conference was also to better inform the public about current schemes, and what positive results can be brought to the country as well as for the company.
Within the press conference, Nikora's future plans were reviewed.
Currently, the supermarket stocks meat products, ready-made produce, fish, dairy products, ice cream, bread and cakes, frozen and fried food and salads.
In addition, one of Nikora’s subsidiaries, Intrade is the exclusive importer of many food products and beverages in Georgia. In the near future, the Nikora supermarket network plans to increase its shops from 220 to 600. ‘Nikora’ is one of the first among Georgian food producers who have achieved ISO status in the following fields: ISO 9001: 2008; ISO22000: 2005 – HACCP.