IDS Borjomi Georgia has been in a difficult situation since Russia’s war against Ukraine began.
Georgian producer of Borjomi mineral water, IDS Borjomi Georgia, has announced a work suspension due to sanctions. This was reported by Georgian First Channel on Friday, April 29th.
It is indicated that IDS Borjomi Georgia has been in a difficult situation since the start of the war between Russia and Ukraine.
“The difficult situation in key sales markets for the company’s products has been exacerbated by limited access to bank accounts, which has shut down the company’s ability to receive foreign exchange earnings and pay lenders,” he said. says the report.
In connection with this, the company suspended production at the same Borjomi bottling plant from April 29.
“We hope the situation will improve in the near future and we will have the opportunity to continue work,” IDS Borjomi Georgia said in a statement.
It is known that since 2013 the Russian Alfa Group owns 60% of IDS Borjomi. The group’s founder, Mikhail Fridman, is under EU, US and UK sanctions.
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Source: korrespondent
