Tiriphoni Fruits was founded in 2019 to improve and continue operations of one of the old super intensive fruit orchards in the Kvarkhiti village in Georgia’s Gori municipality. The main activity of the company is the cultivation of apples, plums and cornelian cherries. With high quality standards at the heart of its philosophy, Tiriphoni holds a Global Gap certificate and has a quality management system in place that ensures compliance with relevant standards.
The company built a new cold storage facility to safeguard the quality of its fruit until it reaches the tables of consumers in Georgia and abroad. The new cold storage facility, financed through a EU4Business-EBRD Credit Line loan, has a capacity of 1,000 tons and is fully compliant with local and EU standards. The new warehouse is constructed of energy efficient sandwich panels, avoiding loss of cooling, and incorporates modern cooling technologies that minimize the energy consumed by the building.
The company started out with just 3 employees, which increased to 20 after the completion of the warehouse.
According to the initial investment plan, Tiriphoni Fruit was supposed to start operating its newly built cold storage facility in July 2020. However, due to COVID-19 restrictions, which caused delays in transportation and delivery of equipment for the warehouse, the operation of the facility only commenced with a three-months delay. The cash-back grant, financed by the EU4Business Initiative, helped the company overcome the financial shortages caused by the delay and as a result, the company was able to meet all its obligations.
Today the warehouse is fully operational and represents a corner stone in the region’s supply chain of high-quality fruit to Georgian and European customers.
Loan amount: | € 458,379 |
Grant amount: | € 68,757 |
Investment: | Efficient cooling technologies and warehouse insulation |
Energy savings | 835.9 MWh/year |
GHG emissions avoided | 73.7 t CO2/year |