JSC Nikora is the leading food processing company in
Georgia with estimated meat products market share of 55%. Nikora produces over 400 products under seven brands (packaged fish, half-fabricated products, dairy products, ice cream, soft beverages and wine). In-Trade, Nikora’s 100% owned subsidiary, imports and distributes several brands of beer, soft beverages and other food products.
The company owns two production facilities located in
Tbilisi and Poti (Western Georgia), as well as a retail chain comprising 70 branded small-format stores: 43 in
Tbilisi (23 owned) and 37 in the regions. The chain accounts for approximately 55% of the company’s total revenue. Apart from that, Nikora carries out distribution to over 2,000 third-party operated retail outlets countrywide.
The company’s strategy covers future increase in the production capacity and strengthening of non-meat business lines, along with further diversification of product portfolio and retail network expansion.
LC currently holds 12% equity interest stake in Nikora.
www.nikora.ge