We are pleased to announce that MG Law advised Tbilvino on transaction based on which agreement was signed by the European Bank for Reconstruction and Development, TBC and Tbilvino. With the trust and support of these financial organizations, a loan of 12 million GEL was allocated for the further development of Tbilvino.
Funding will be used for 3 different directions:
• Building a Qvevri wine cellar by a unique approach, which implies compatibility with the EBRD’s environmental policy, construction with natural materials and traditional methods;
• Purchasing high-performance, high-tech and at the same time energy-efficient bottling line;
• Cultivating vineyards of indigenous Georgian grape varieties with drip irrigation system.