E-mail: mailbox@agrofund.ge eng geo
07.02.12 04:02
Caucasus AgroDevelopment
COCOA FUTURE:2286.000 USD/MT COFFEE 'C' FUTURE:134.300 USd/lb. CORN FUTURE:373.250 USd/bu. COTTON NO.2 FUTR:74.910 USd/lb. SOYBEAN FUTURE:954.000 USd/bu. SUGAR #11 (WORLD):26.330 USd/lb. WHEAT FUTURE(CBT):501.250 USd/bu. LIVE CATTLE FUTR:90.775 USd/lb.
 
Forex Exchange Rates
06.02.2012
USD/GEL1.6688
EUR/GEL2.1988
RUB/GEL5.5188
TRY/GEL0.9527
 

 
Vision
 

The management aims to establish a modern dairy farm of western standards with a full production chain including milk production, processing and distribution. The company is executing the strategy of supplying the Georgian market with domestically produced, natural and high quality milk products. The company intends to expand the current production levels to capture a reasonable market share in Tbilisi and the rest of the country.

 

Project
 

In 1H, 2010, following a thorough due diligence process, CAD picked a dairy farm near Senaki, West Georgia, to serve as its main base for dairy business development in the country. The farm employs some of the most knowledgeable and experienced stuff in Georgia, trained by Dutch experts visiting the farm on a regular basis. The farm is the only player on the Georgian market with a full production and distribution chains supplying dairy products to small markets, hotels, the special force military base in West Georgia as well as the main supermarket chains in Tbilisi.

CAD has invested GEL 3.0 million in the farm. The most of the capital is allocated for the acquisition of highly productive Holstein breed cows from the Netherlands, the construction of a new barn, land cultivation and a new milking system installation. The new modernised farm will be fully functional in the beginning of 2011.

 

 
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