ECONOMY
05.11.19 14:20
Gazelle Fund LP has invested US$ 1,100,000 in NUTSGE the leading locally-owned processor and exporter of hazelnuts in Georgia. The hazelnut industry is a strategically important agribusiness sector for Georgia, as the country is the fourth largest producer of hazelnuts in the world. This investment positions NUTSGE to further deepen its export capacity to Europe, Asia and Africa, enhance the development of its supply chain with 100s of local farmers and further build-out is local workforce.
The NUTSGE processing plant is located in Samegrelo, in one of the historically productive regions of hazelnut plantations in Georgia, with the highest rate of harvest (almost half of the whole country’s harvest) and where there is the highest concentration of endemic varietals, including Anakliuri, Ucha, Nemsa and Kharistvala. NUTSGE is also actively sourcing in the Kakheti region, which enhances diversification of its supply chain.
The company is FSSC 22000 certified (global food safety standard) and is one of the most sophisticated hazelnut processors in the country with modern technology and highly automated production facilities. The company produces a full range of hazelnut products of premium Quality: Natural Hazelnut Kernels, Roasted Blanched Kernels, Roasted Chopped Hazelnuts, Hazelnut Meal and Paste and has been a reliable supplier for many famous international confectionery companies, always meeting their quality requirements.
source: 1TV
Read: 46
Write comment
(In their comments, readers should avoid expressing religious, racial and national discrimination, not use offensive and derogatory expressions, as well as appeals that are contrary to the law)
News feed
-
18:1017.05.24
-
17:0017.05.24
-
16:0617.05.24
-
15:1517.05.24
-
14:0017.05.24
-
13:1017.05.24
-
China plans to open Chinese car market in Georgia
12:2517.05.24
-
March to be held in Tbilisi and regions in connection with the day of sanctity of the family
10:5017.05.24
-
Shalva Papuashvili: The sanctity of the family is the foundation of our state
10:0017.05.24
-
Georgian PM, Turkish President to discuss issues of strategic interests, FM Darchiashvili says
18:0016.05.24
-
MIA arrests two for property damage in group
17:3816.05.24
-
Georgian PM pays tribute to the grave of Mustafa Kemal Atatürk
17:0016.05.24
-
16:2616.05.24
-
The National Bank sold 60,000,000 USD at the foreign exchange auction
15:4016.05.24
-
Roman Gotsiridze: The exchange rate of the GEL is unmanageable
15:0016.05.24
-
Tbilisi Mayor: Georgian people to decide change of government through democratic elections
14:2116.05.24
-
The Parliament has completed the public review of the draft law prepared against LGBT propaganda
13:4916.05.24
-
Is Georgia between 'Euromaidan' and 'green men'?
13:4516.05.24
-
Irakli Kobakhidze went on an official visit to the Republic of Turkey
13:0016.05.24
-
12:1316.05.24
-
11:3716.05.24
-
10:5516.05.24
-
Charles Michel reports on the telephone conversation with Salome Zurabishvili and Irakli Kobakhidze
10:0016.05.24
-
Opposition MPs meet FMs of Iceland, Latvia, Lithuania, Estonia
18:0015.05.24
-
17:3715.05.24
-
16:4915.05.24
-
16:0715.05.24
-
15:3515.05.24
-
Separatist South Ossetia may be abolished due to total absence of people
14:5315.05.24
-
14:0015.05.24
-
NATO Spokesperson: We urge Georgia to change course and to respect the right to peaceful protest
13:1515.05.24
-
Estonian Foreign Minister: This law is a symbol of the choice between Russia and the European Union
12:3015.05.24
-
11:3915.05.24
-
11:0815.05.24
-
10:3515.05.24
-
Will France recognise Georgia's territorial integrity?
19:2414.05.24