Over the past few years fashion design business is experiencing a boom in Georgia. Therefore, investing in the Georgian textile industry has never been so profitable. LTD “Pelin Global” is a fabric manufacturing company, which produces sweaters, pullovers and cardigans, most of which are exported to various foreign markets. Pelin Global financed its new machinery with a EU4Business-EBRD Credit Line loan. The investment will make the company more profitable, product quality increases and the health and safety standards improve, making the company a much safer and more desirable place to work. After project verification, the company received 15% of the loan amount as a grant cashback, funded under the EU4Business initiative of the European Union.
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