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STRAIGHT TALK
TAV Urban Georgia LLC
Tbilisi Airport, Georgia
TAV Urban Georgia LLC has been operating Tbilisi International airport since 2005 and Batumi International Airport since 2007. Both projects required initial investments of $77 million – $54 million, which were covered by EBRD and IFC loans. TAV has the license to operate Georgian national airports for another 20 years. Improvement of Georgian infrastructure is a key motivation for executing this project. Georgia’s geographic location is also considered to be a benefit.
The company is managed by:
Mustafa Sani Sener – President
Murat Ulug – Finance Director
Burak Birhekimoglu – General Manager
Beko JSC
14, Gagarini Str. Tbilisi, Georgia
Beko entered the Georgian market in 2003 selling products for the home and electrical devices, with an initial investment of $1 million. By 2010 Beko owns 37% of the Georgian home-products market, employing 42 staff. The company decided to enter the Georgian market because of the high demand for electric appliances.
The company is managed by:
Ilham Bairamov – Deputy General Director/Finance
Paata Sharabidze – Financial Coordinator
Diana Khorguania – Chief Accountant
Dogan LTD
20 Ketevan Tsamebuli Str. Tbilisi, Georgia
Dogan LTD is a food production company operating in Georgia since 2004. The company has invested in Marneuli and Kharagauli feed production facilities. In general, the company has invested $3.5 million. Dogan LTD has 34 employees in Georgia. The company invests in Georgia, in part due to the market potential in neighboring countries and a corruption-free business environment.
The company is managed by:
Oktai Ozturki – Managing Director
Akaki Pirtakhia – Plant Manager
Lado Bestanashvili – Marketing Manager
Nika Gautishvili – Quality Control Manager
Mina JSC
Ksani, Mtsketa Region, Georgia
Mina JSC is the only producer of glass containers in Georgia. The company is owned by Turkish Sisecam since 1997. Its clients include Coca-cola, Natakhtari, Kazbegi and Borjomi. Turkish investments include an overall $30 million in the Ksani Glass Containers factory. Mina JSC has 245 employees. Products are also exported to Azerbaijan. The company considers export potential one of the major benefits of Georgian market.
The company is managed by:
Giorgi Mgeladze – General Director
Ahmet Kirman– Chairman and Managing Director
Lomisi JSC
(Natakhtari, Efes Brewery Georgia)
Natakhtari, Mtskheta Region, Georgia
Lomisi JSC produces beer (Natakhtari, 3D) and sparkling juices. It also imports Turkish Efes beer to Georgia. The company was founded in 1991. Efes International acquired 100% of the share in 2008. Investments made during 2008, 2009 and 2010 respectively amount to 58.4 million lari ($31.8 million). JSC Lomisi has approximately 300 employees. Efes decided to invest in the Georgian market due to the liberal tax code and a strong legal framework to protect investors. Other reasons include the growth potential of the domestic market and export opportunities.
The company is managed by:
Mehmet Kochak– General Manager
Sergo Gviniashvili –Financial Manager
Lasha Nodia – Sales Manager
Tornike Nikolashvili – Marketing Manager
George Kokiashvili – Technical Manager
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