Identifier
Created
Classification
Origin
09TBILISI391
2009-02-27 05:07:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
Embassy Tbilisi
how-toVZCZCXRO4119 RR RUEHAG RUEHAST RUEHDA RUEHDBU RUEHDF RUEHFL RUEHIK RUEHKW RUEHLA RUEHLN RUEHLZ RUEHNP RUEHPOD RUEHROV RUEHSK RUEHSR RUEHVK RUEHYG DE RUEHSI #0391 0580507 ZNR UUUUU ZZH R 270507Z FEB 09 FM AMEMBASSY TBILISI TO RUEHC/SECSTATE WASHDC 1071 INFO RUEHZL/EUROPEAN POLITICAL COLLECTIVE
UNCLAS TBILISI 000391
SENSITIVE
SIPDIS
DEPT FOR EUR/CARC, EEB
E.O. 12958: N/A
TAGS: EINV EFIN GG
SUBJECT: SANTE GMT PRODUCT PROJECT
REF: STATE 15789
UNCLAS TBILISI 000391
SENSITIVE
SIPDIS
DEPT FOR EUR/CARC, EEB
E.O. 12958: N/A
TAGS: EINV EFIN GG
SUBJECT: SANTE GMT PRODUCT PROJECT
REF: STATE 15789
1. Summary: In response to reftel, Post's inquiry into Sante GMT
Products (Sante) revealed no negative information that would impede
issuance of OPIC credit to the company. End Summary.
2. Sante is the largest dairy manufacturer in Georgia. Its juices
enjoy a good reputation among Georgia's consumers. Sante holds a 50
percent share of the market in terms of dairy products, and roughly
five to ten percent of the juice market. The juice market is
currently dominated by imported goods (mostly Russian).
3. Sante has suffered from the effects of the August war, as its
distribution to conflict areas has been limited. Despite this, its
sales revenues are still higher when compared to the same period in
2008.
4. In general, compared to other sectors of the economy, dairy
manufacturing remains resilient. The dairy industry has been
largely unaffected by the economic crisis, and the overall outlook
for the industry is positive. Consumption has not decreased in a
visible way due to the conflict or economic crisis.
5. Post is unaware of any negative information concerning the
financial standing of Sante. Additionally, Post has no negative
information regarding terrorism, money laundering, corruption or
other charges about the owners and managers of Sante.
TEFFT
SENSITIVE
SIPDIS
DEPT FOR EUR/CARC, EEB
E.O. 12958: N/A
TAGS: EINV EFIN GG
SUBJECT: SANTE GMT PRODUCT PROJECT
REF: STATE 15789
1. Summary: In response to reftel, Post's inquiry into Sante GMT
Products (Sante) revealed no negative information that would impede
issuance of OPIC credit to the company. End Summary.
2. Sante is the largest dairy manufacturer in Georgia. Its juices
enjoy a good reputation among Georgia's consumers. Sante holds a 50
percent share of the market in terms of dairy products, and roughly
five to ten percent of the juice market. The juice market is
currently dominated by imported goods (mostly Russian).
3. Sante has suffered from the effects of the August war, as its
distribution to conflict areas has been limited. Despite this, its
sales revenues are still higher when compared to the same period in
2008.
4. In general, compared to other sectors of the economy, dairy
manufacturing remains resilient. The dairy industry has been
largely unaffected by the economic crisis, and the overall outlook
for the industry is positive. Consumption has not decreased in a
visible way due to the conflict or economic crisis.
5. Post is unaware of any negative information concerning the
financial standing of Sante. Additionally, Post has no negative
information regarding terrorism, money laundering, corruption or
other charges about the owners and managers of Sante.
TEFFT