Barambo

Barambo Ltd.
Company type	Limited liability company
Industry	Confectionery
Founded	March 11, 2009; 15 years ago
Founder	Iago Chocheli
Headquarters	Natakhtari, Georgia
Area served	South Caucasus, Iraq
Key people	Iago Chocheli ; (CEO); Alexander Stroganov ; (sales executive); Mari Chocheli ; (66,25% shareholder; financial director); Ucha Kapanadze ; (22,5% shareholder); Nikoloz Shakarishvili ; (11,25% shareholder);
Products	chocolate bars, ice-creams, sugar-candy, chewing gum, lollipop, waffles, waffle pies, caramel, pastry
Revenue	$72 million (2015)
Total assets	€15 million (2010)
Number of employees	370 (2012)
Website	barambo.ge

Barambo Ltd. (Georgian: შპს „ბარამბო“) is a Georgian confectionery manufacturer based in Natakhtari, Georgia. It was established by domestic investments in 2009. Since then, the company has begun manufacturing various products ranging from chocolate-based sweets to waffles, also exporting these to Azerbaijan, Armenia and Iraq.^[3]

Name

The company is named after the Georgian word for lemon balm.

References

[1] ttp://www.euromonitor.com/chocolate-confectionery-in-georgia/report

[2] ttp://www.24saati.ge/news/story/4457-barambo-qselshi-batonis-akhal-shokolads-chaushvebs

[3] ttp://commersant.ge/old1/?menuid=83&id=15557&lang=1

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