PROJECT

Projects

Summary of Investment Information

Project Number

35109

Company Name

TBILVINO JSC

Date SPI Disclosed

May 27, 2014

Country

Georgia

Region

Europe

Projected Board Date

Jun 30, 2014

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Dec 21, 2022

Department

Regional Industry MAS LAC & EUR

Industry

Agribusiness and Forestry

Previous Events

Approved : Jul 8, 2014
Signed : Aug 21, 2014
Invested : Feb 19, 2015

Sector

Wineries

Project Description

wEstablished in 1962, Tbilvino (the “Company” or “Tbilvino”) is one of the largest Georgian wine-makers and exporters, concentrating exclusively on wine production and procuring grapes from more than 1,000 Georgian farmers, located in the Kakheti region of Georgia. The Proposed IFC loan will be will be utilized for: (i) development of the Company’s own vineyards in the Kakheti region of Georgia; (ii) permanent working capital requirement; and (iii) additional capital expenditures (collectively the “Project”)

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation