JSC Bagrationi 1882

What JSC Bagrationi 1882 does

JSC Bagrationi 1882 is a Georgian joint-stock wine producer headquartered in Tbilisi that holds approximately 80% of the domestic sparkling wine market and exports premium lines to the USA and Germany. The company's heritage traces to 1882, when Prince Ivane Batoni-Mukhrani's classical-method sparkling wine won the Grand Prix at the Moscow International Imperial Exhibition; the modern entity was established in 1937 as the Tbilisi Champagne Factory and reorganized as a JSC after Georgian independence in 1991. The portfolio spans the Finest and Reserve premium tiers (bottle and tank fermentation, 6–18 months aging), the Classic entry tier (Brut, Semi-Dry, Semi-Sweet), specialty SKUs (Tavkveri Brut rosé, Vardi rosé, Oqro gold), still wines from indigenous Georgian varieties, and traditional Qvevri clay-vessel wines.

Production is anchored in traditional French champagne methodology applied to indigenous Georgian grape varieties (Chinuri, Tsitska, Goruli Mtsvane, Rkatsiteli, Tavkveri, Saperavi), supported by 150 hectares of company-owned vineyards across the Mukhrani, Ksovreti, and Didveli sites in the Kartli, Kakheti, and Imereti regions. Revenue is generated through three channels: wholesale sparkling and still wine sales via HORECA, retail chains, and specialty wine shops; direct-to-consumer sales through an on-site winery, tasting hall, 300-person event hall, and restaurant; and international export distribution. Wine tourism and event hosting form a secondary experiential revenue stream, and the company holds ISO 22000:2005 food safety certification. Pricing is unit-based across multiple tiers, though direct online pricing is not publicly disclosed.

Name

JSC Bagrationi 1882

Legal name

JSC Bagrationi 1882 (სს ბაგრატიონი 1882)

Website

https://bagrationi.ge

Company type

Public

Founded year

1937

Operating status

Operating

Headcount range

11–50 employees

Short description

JSC Bagrationi 1882 is a Georgian joint-stock winery producing premium sparkling, still, and traditional Qvevri wines from indigenous grape varieties across 150 hectares of vineyards, holding roughly 80% of the domestic sparkling wine market and exporting to the USA and Germany.

Ownership category

akta.pro rank

Product category

Sparkling Wine Production

NAICS

Wineries (312130), Grape Vineyards (111332)

SIC

Beverages (2080)

akta.pro industry

PRIMARYCRADAIAB

Wine & Sparkling Wine Wineries & Brands

Consumer Products & Retail/Consumer Packaged Goods (CPG) Manufacturing & Brands/Alcoholic Beverages (Beer, Wine, Spirits) Manufacturing & Brands

SECONDARYAFAFAAAB

Wine Production & Winemaking

Agriculture & Food Production/Beverage Production/Alcoholic Beverage Production (Beer, Wine, Spirits, Cider)

SECONDARYAFAGAJAJ

Wine Grape Vineyard Operations (Varietal/AVA Practices, Yield & Quality Targets)

Agriculture & Food Production/Crop Farming/Viticulture & Vineyard Operations (Grapes for Wine/Table)

SECONDARYTHAFALAE

Wineries & Vineyards (Tasting Rooms)

Travel & Hospitality/Foodservice & Beverage (Restaurants, Cafes, Bars)/Breweries, Wineries & Distilleries (Taprooms/Tasting Rooms)

Keywords

• Sparkling wine production
• Still wine manufacturing
• Champagne method wines
• Georgian wine exports
• Wine tourism services

Headquarters

HQ city

Tbilisi

HQ country

Georgia

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Sparkling Wine Production and Sales: Bagrationi 1882 generates revenue primarily through the production and sale of sparkling wines (Champagne method), including products such as Classic Brut, Classic Semi-Dry, Classic Semi-Sweet, Reserve Brut, Reserve Semi-Dry, Reserve Semi-Sweet, Finest, Tavkveri Brut (rose), Oqro (gold), and Vardi (rose). Products are sold domestically through direct consumer channels (winery tours, restaurant, event hall) and retail distribution, as well as internationally through exports to the USA and Germany.
2. Still Wine Production and Sales: The company also produces and sells still wines using indigenous Georgian grape varieties (Chinuri, Tsitska, Mtsvane, Rkatsiteli, Saperavi), sold both domestically and for export.
3. Wine Tourism and Tasting Services: Bagrationi 1882 operates winery tours, tasting sessions in a dedicated tasting hall, and event hall services for weddings and corporate events, generating revenue from visitor experiences and on-site sales.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

JSC Bagrationi 1882 produces and sells sparkling wines using the traditional French Champagne method (bottle fermentation) and tank method, made from indigenous Georgian grape varieties including Chinuri, Tsitska, Mtsvane, Rkatsiteli, Tavkveri, and Saperavi. The company also produces still wines and traditional qvevri (clay vessel) amber wines. Operations span 150 hectares of vineyards across Georgia's Kartli, Kakheti, and Imereti regions, with products distributed through domestic HORECA, retail, direct-to-consumer at the Tbilisi winery and event facilities, and international exports to the USA and Germany.

Product overview

JSC Bagrationi 1882 is Georgia's leading sparkling and still wine producer, offering a diverse portfolio of products. The product line consists of two main tiers: Premium sparkling wines (Finest and Reserve series) made using traditional bottle method or tank method, and Classic sparkling wines (Classic series) in various sweetness levels (Brut, Semi-Dry, Semi-Sweet). Additionally, the company produces still wines (Chinuri, Mtsvane, Rkatsiteli, Saferevi, Tavkveri) and traditional qvevri wines. The sparkling wines are primarily made from indigenous Georgian grape varieties including Chinuri, Tsitska, Goruli Mtsvane, Rkatsiteli, and Tavkveri. The company holds approximately 80% market share in Georgia's sparkling wine segment.

Differentiator

Problem solved

Functional benefit

Brands

• Finest: Premium sparkling wine made using traditional Champagne method (bottle fermentation), minimum 9 months aging, produced from Chinuri, Tsitska, and Goruli Mtsvane grapes from Kartli and Imereti regions.
• Tavkveri Brut
• Reserve
• Classic
• Vardi
• Oqro
• Qvevri

Products and services

• Finest (ფაინესტი) Premium white sparkling wine made using the traditional French Champagne method (bottle fermentation) with minimum 9 months aging. Produced from Chinuri, Tsitska, and Goruli Mtsvane grape varieties sourced from vineyards in the Kartli and Imereti regions. Positioned as the top-tier luxury product targeting hotels, restaurants, specialty wine shops, and gifting in Georgia and export markets.
• Reserve Brut (რეზერვი ბრუტი) Premium white sparkling wine produced using the tank method with 9 months aging. Made from Chinuri, Goruli Mtsvane, and Tsitska grape varieties sourced from the Kartli and Imereti regions. Part of the Reserve premium line targeting HORECA, retail, and export channels.
• Reserve Semi-Dry (რეზერვი ნახევრად მშრალი) White semi-dry sparkling wine produced using the tank method with 9 months aging. Made from Chinuri, Goruli Mtsvane, and Tsitska grape varieties. Part of the Reserve premium line.
• Reserve Semi-Sweet (რეზერვი ნახევრად ტკბილი) White semi-sweet sparkling wine produced using the tank method with minimum 6 months aging in stainless steel reserves. Made from Chinuri, Goruli Mtsvane, and Tsitska grape varieties. Part of the Reserve premium line.
• Tavkveri Brut (თავკვერი ბრუტი) Rose sparkling wine produced using the traditional bottle method with 18 months bottle aging. Made from Tavkveri, Chinuri, and Tsitska grape varieties from the Kartli region. Characterized by red currant and floral aromas.
• Classic Brut (კლასიკური ბრუტი) White sparkling wine produced from Chinuri, Tsitska, and Rkatsiteli grape varieties sourced from vineyards in the Kartli, Imereti, and Kakheti regions. Characterized by citrus, peach, and green apple aromas. Entry-level product in the Classic line, priced for retail and HORECA channels.
• Classic Semi-Dry (კლასიკური ნახევრად მშრალი) White semi-dry sparkling wine made from Chinuri, Tsitska, and Rkatsiteli grape varieties. Characterized by melon and citrus aromas. Entry-level product in the Classic line.
• Classic Semi-Sweet (კლასიკური ნახევრად ტკბილი) White semi-sweet sparkling wine made from Chinuri, Tsitska, and Rkatsiteli grape varieties. Characterized by honey, melon, and floral aromas. Entry-level product in the Classic line.
• Gold Semi-Sweet / Oqro (ოქრო ნახევრად ტკბილი) Golden-colored semi-sweet sparkling wine produced using the tank method from Chinuri, Tsitska, Rkatsiteli, and Tavkveri grape varieties sourced from the Kakheti, Kartli, and Imereti regions. Characterized by white plum and floral aromas.
• Vardi Rose Semi-Sweet (ვარდი ნახევრად ტკბილი) Rose semi-sweet sparkling wine produced using the tank method from Chinuri, Tsitska, Rkatsiteli, and Tavkveri grape varieties. Characterized by a pink color and semi-sweet style with sugar content 40-55 g/l and alcohol 11.5%.
• Still Wines (Chinuri, Mtsvane, Rkatsiteli, Saperavi, Tavkveri) Traditional Georgian still wines made from indigenous grape varieties including Chinuri, Mtsvane (Green), Rkatsiteli, Saperavi, and Tavkveri. Sold both domestically and for export.
• Qvevri Wines (ქვევრის ღვინო) Traditional amber wines made using the ancient Georgian qvevri (clay vessel) winemaking method. Includes Chinuri, Rkatsiteli, Khikhvi, Tavkveri, and Shavkapito varieties, leveraging centuries-old Georgian winemaking heritage.
• Winery Tours and Tasting Experiences On-site winery tours (approximately 45 minutes) offered in Georgian, Russian, and English languages, allowing visitors to observe the entire sparkling wine production process. Includes access to a dedicated tasting hall where visitors can sample products. Drives direct consumer engagement and on-site sales.
• Event Hall and Restaurant Services Hospitality venue services including an event hall with capacity for up to 300 persons (weddings, corporate events, conferences, private gatherings) and an on-site restaurant. Generates direct revenue from venue hire, F&B service, and event-driven wine sales.

Quantifiable outcome

• 80% market share of Georgian sparkling wine market
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

One partnership is on record.

• Concept FrankfurtsupportingOthersConcept Frankfurt, a German design company, developed the packaging and design for Bagrationi 1882's premium Finest and Reserve sparkling wine products. The company conducted qualitative consumer research in Georgia, the USA, and Germany, including focus group testing that confirmed the product's image as prestigious and valuable.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Bollinger: Traditional-method champagne producer with a strong family-heritage and terroir-driven narrative analogous to Bagrationi's Bagrationi-dynasty heritage positioning. Targets premium sparkling buyers in similar export markets.
• Veuve Clicquot Ponsardin: Heritage champagne house using traditional method with strong premium positioning across global HORECA and gifting channels — the same occasion-driven use cases Bagrationi targets with Reserve and Finest lines.
• G.H. Mumm: Traditional-method champagne house with heritage positioning and wide international distribution, comparable to Bagrationi's Reserve and Finest tier in occasion usage and price-point ambitions.
• Freixenet: Spanish cava producer and global sparkling-wine leader with Cava Brut and premium tiers; competes with Bagrationi in international HORECA and gifting channels and operates at a similar premium-heritage positioning.
• Codorníu: Heritage Spanish cava producer with deep winemaking history dating to the 16th century. Comparable to Bagrationi 1882 in leveraging historical heritage as a brand asset for premium sparkling positioning, though at a much larger scale.
• Moët & Chandon: The leading global champagne house and benchmark producer of traditional-method sparkling wine. Operates as part of a much larger LVMH beverage portfolio, but its Brut Imperial defines the category against which Bagrationi's traditional-method sparkling positions itself internationally.

Direct peers

• Domaine Chandon: Applies méthode champenoise to non-French grape varieties and terroir (Australia, California, Brazil, China), a structural analog to Bagrationi's use of French bottle fermentation with indigenous Georgian grapes. Both target premium sparkling consumers seeking terroir-differentiated alternatives to Champagne.
• Telavi Wine Cellar (Marani): One of the leading Georgian wine producers with a portfolio of Saperavi, Rkatsiteli and other indigenous varietals, both sparkling and still. Direct domestic competitor to Bagrationi 1882 in the Georgian market and increasingly in export markets where Georgian wine is gaining ground.
• Winery Khareba: Major Georgian wine producer operating extensive vineyards and a famous qvevri wine cellar tourism complex. Direct competitor in both still/qvevri wines and wine tourism, serving overlapping HORECA and consumer segments in Georgia.
• Abrau-Durso: Historic Russian sparkling wine producer using both classic and Charmat methods on local grape varieties. Operates a similar blend of traditional-method heritage production and domestic-dominant market share, paralleling Bagrationi's Georgian market position.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/jsc-bagrationi-1882

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JSC Bagrationi 1882