The leading
Georgian winery JSC Teliani Valley PLC was established in 1997 on the base of
the Teliani Winery of Vintage Wines built in Tsinandali near the Teliani
vineyards in 1954.
Teliani
Valley’s
domestic market share in bottled wine makes 48% (2007 full year estimates),
while export market share stands at approximately 12% (2007 full year
estimates), with as much as 65% of the volume of the company’s products
exported abroad. In 2007
Teliani
Valley produced 1.4 million
bottles of wine, while its storage capacity makes 4.5 million litres.
With
facilitation from LC, the company’s shares were introduced and are currently
traded on the Georgian Stock Exchange (GSE: WINE), with free float reaching 48%.
Since the investment in Teliani Valley
by LC in 2007, all assets of the company were consolidated into one holding – the
largest holding company in the Georgian winemaking sector – JSC Teliani Valley,
which apart from the company itself includes, Teliani Trading LLC and Teliani
Trading Ulkraine LLC (both 100% owned subsidiaries, which engage in the
distribution of Teliani Valley’s products in Georgia and Ukraine, respectively,
in addition to the distribution of third-party beverages), Le Caucase LLC (a
100% owned brandy producer) and Cupa LLC (a 70% owned maker of oak barrels).
This allows Teliani Valley to be both vertically and horizontally integrated
business, including vineyards development (Teliani Valley), oak-barrel
production (Cupa), wine and grappa production (Teliani Valley), brandy
production (Le Caucase), distribution networks (Teliani Trading, Teliani
Trading Ukraine) and import of Heineken Beer, SV and Medoff vodkas and Granini
juices (Teliani Trading).
The strategy
of
Teliani
Valley, which owns 85 Ha of vineyards
and land suitable for vineyards, is orientated on consolidation of its
positions in domestic bottled wine market and further expansion abroad.
Teliani
Valley
’s product
line-up is broad and innovative, encompassing the full range of traditional
Georgian wines, along with blends of international and Georgian grapes for
premium products.
Giorgi Dakishvili,
widely acclaimed to be the best and most creative winemaker in
Georgia
in his generation, is responsible for the product development.