Food Alliance LLC produces frozen bakery products and is located in Natakhatari village, Georgia. Currently the company offers a wide variety frozen pastry goods, which are sold throughout Georgia.
Frozen pastry-bakery products have an enormous market potential as they solve several very important problems for HoReCa and supermarket chains. To offer freshly baked pastries, these retailers have to produce these bakery goods on site. While onsite production has several advantages, it is also very expensive if done from scratch. A Frozen product makes it possible to have a wide variety in the assortment with much longer shelf life.
Food Alliance LLC understood and responded to this demand with the main goal producing and providing high-quality frozen pastry-bakery products for customers, using modern CE certified equipment and technologies in the production processes.
The investment was financed with a EU4Business-EBRD Credit Line loan. In addition to he loan the company received free-of-charge technical advice on the optimization of the investment from the team of international experts.
After the successful project verification LLC Food Alliance received 15% of the loan amount as a grant cashback, funded under the EU4Business initiative of the European Union.
With the investment, the company now meets a wide variety of European standards, including:
Loan Amount | € 306,429 |
Grant amount | € 45,964 |
EU Directives met | Regulations on food safety |
Invested in | Production building and processing machinery |
Energy Savings and GHG reduction | 330.57 MWh/year |
