The company, representing one of the largest direct investments in Georgia, was founded four years ago.  The people behind this enterprize are from one of the biggest companies in India. Jindal South West and UK based Georgian Steel Group Holding limited are two major partners that have started this plant in Rustavi- a town nearby Tbilisi.

Our vision is to become the best reinforcement bar producer in the Caucasus region, both in terms of market share and quality.

For us, Bank of Georgia is quite flexible and competitive in terms of pricing. The services rendered by this Bank are excellent. The company has a sound financial management system. The approach of its employees is professional, and they always provide prompt and most courteous services.

One of the most popular Georgian brands that, for already more than 12 years, has been holding the leading position on the local food market. Started as  a food manufacturing enterprise, presently the Holding comprises companies producing meat products, semi—cooked products, fish products, dairy products, bakery, frozen confectionary, as well as soft drinks and wine companies.

“When speaking about our success formula, we should emphasize the principle of our Company’s continuous, direct contact with its customers.

Cooperation with a financial institution is of great importance for us.  Besides Bank of Georgia’s banking products that we use   having the best conditions and terms and that are tailored to our business needs, we do highly appreciate customer-oriented policy of the Bank’s employees offering us qualified and prompt services. 

“Agricom” Ltd was founded in 2005. Our main activity is grain trade, i.e. its import and export. To be more specific, we mainly trade grain (80%), and partially corn, soya, etc (20%). Grain is transported by the sea and railways, and is mostly distributed in Georgia; however some is also exported to Armenia, the country that relies on import since it doesn’t have a seaport.

Bank of Georgia is one of our best and major partners among other banks. Quite often, we make common decisions, work jointly on different projects, conduct consultations on regular basis, and share ideas. It was Bank of Georgia that helped us to strengthen partnership with “BUNGE. The most interesting part of our relation is Commodity Trade Finance -a big step forward. CTF is very popular in Europe and the US, but not so much in Georgia. It requires a great sense of confidence from the bank and fulfillment of that confidence by the customer. Certainly, the relation is based on some guarantees, but still greatly depends on mutual trust, which is due to the right relations between the bank CEO and us. We have been working this way all this time, and do hope to continue likewise in the future.

“We chose Bank of Georgia for simple reasons. The Bank is staffed with professionals and is a reliable and bold business partner, which simplifies our partnership.” Adjara Group manages a group of companies consisting of: the Holiday Inn hotel development project, the largest multi-complex casino in the region, a leading book-making firm in Georgia, “Sports Palace” - a 10,000-seat sport and entertainment facility   and a vertically integrated wood processing business WoodImpex LL.

Holiday Inn, a newly opened hotel in Tbilisi, is one of the most ambitious projects implemented in Georgia, for which   Bank of Georgia issued a USD 13 million construction loan. After the successful completion of the project, Holiday Inn has remained a client of Bank of Georgia.

A new University Clinic - one of the wide-scale projects being implemented in the Georgian healthcare system - is run by a renowned neurosurgeon Gocha Ingorokva. Equipped with the top-notch medical appliances, the clinic operates seven wards covering all aspects of cancer treatment, and the management intends to open a Nuclear Medicine Department that will offer diagnostic and nuclear medicine treatment.

“Our clinic is planned and built according to the standards provided by the International Atomic Energy Agency. Modern equipment, combined with our highly qualified professional staff, enable us to offer complete and total cancer treatment to our patients.  Opening such clinic required great efforts and a hard work. Bank of Georgia has provided the financing for this project. We approached almost all banks in the country, and Bank of Georgia turned out to be the one that showed commitment. Without their partnership and support, the project could not have achieved success in such a short period of time.  This bank is very comfortable to work with.  Its experienced staff helped us in every way, and we could consult with them on financial issues”.