GP Tera LTD, a Georgian wine producer, set out on a mission of modernizing its winemaking process without losing touch with centuries-old traditions. While Georgian wine is already celebrated around the world, the company knew that to compete internationally and to satisfy rising demand, it needed to invest in advanced technology.
The project centered around the installation of new fermentation tanks, tailored for both red and white wines. This equipment gave the company greater control over the fermentation process, ensuring higher consistency and better quality in every batch.
The journey was not without challenges. Investment costs initially exceeded expectations. However, thanks to a EU4Business-EBRD Credit Line loan and the associated EU-funded investment incentive, GP Tera LTD was able to complete the project successfully. Following verification, the company was rewarded with a 10% investment grant funded by the European Union. This support reduced the financial burden on the company and provided a strong push towards innovation.
The results have already begun to show. With the new tanks in place, GP Tera LTD can produce wines more efficiently and to a higher standard. The company is now better equipped to meet growing demand, explore new markets, and proudly move Georgian winemaking further into the global spotlight.
By combining modern technology with timeless craftsmanship, GP Tera LTD ensures that Georgian winemaking can honor its heritage while embracing the future. With EU4Business-EBRD Credit Line support, the company is not only improving production quality but also opening doors to new opportunities, sustainable growth, and greater visibility on the international stage. From the vineyards of Georgia to tables around the world, GP Tera LTD is raising a glass to progress and tradition – an unbeatable combination.
Sub Loan Amount | € 85,794 |
Incentive amount: | € 8,513 |
Invested in: | Fermentaton Tanks for Red and White Wine |
