NEWSLETTER April June 2017

Transcription

1 NEWSLETTER April June 2017 NEWSLETTER APRIL JUNE

2 EUGBC Events CONTENT EUGBC participated in East Invest 2 annual conference 3 Visit of the Georgian Business Delegation to Hungary 4 Working meeting at the Embassy of Poland in Tbilisi 7 EUGBC organized first Georgian-Finnish business forum 8 MEETING WITH DESIGNATED AMBASSADOR OF GEORGIA TO CANADA 9 EUGBC ORGANIZED GEORGIA-AUSTRIA BUSINESS ROUND TABLE 10 Meeting with Georgian and Brazilian Ambassadors, as well as Brazilian Trade Agency 11 EUGBC participated in the conference EU4Business in Georgia 12 Meeting with V4 Countries Ambassadors and presentation of EUGBC New Business Catalogue 13 Memorandum of Cooperation was signed between EUGBC and Caucasus University 14 Meeting with the Ambassador of People s Republic of China 14 EUGBC member s news Energy efficient technologies introduced by BP and its partners help reduce CO2 emissions in Georgia 15 BP together with the British Council awarded local media representatives 17 Adjara Group Georgia offer for EUGBC members 18 BDO declares growth by 2016 results 19 KPMG Georgia newsfeed 19 To evaluate sailors' contributions International Maritime Organization (IMO) announced June 25 as the International Day of Seafarer 21 Gebrüder Weiss opens office in Armenia 23 HeidelbergCement Georgia newsfeed 24 The result of the 1st International Franchise Exhibition BUYBRAND Transcaucasia 28 PASHA BANK newsfeed 30 Oriflame Directors Dinner HOT SEASON in Hotels & Preference Hualing Tbilisi 40 BGI Legal are pleased to announce the promotion 44 UBG participated in the International exhibition for Building and Interiors, Caucasus Build Georgian Logistic Group joined corporate members of EUGBC 45 NEWSLETTER APRIL JUNE

3 EUGBC NEWS EUGBC participated in East Invest 2 annual conference EUGBC Projects Director Giorgi Kacharava took part at the East Invest 2 annual conference held on June 21 in Kiev, Ukraine. The East Invest 2 annual conference brought together BSO reps from the six EAP countries with their counterparts in the EU, as well as senior officials from the European Commission, the Organization for Cooperation and Economic Development (OECD), European Bank for Research and Development (EBRD), association of European chambers of commerce and industry EUROCHAMBRES, European association of SMEs UEAPME, and members of the East Invest 2 team. As a BSO rep, the conference offered a unique opportunity to get an insight into the East Invest 2 project and its role in economic cooperation between the EU and the Eastern Partnership countries. It also allowed exploring cooperation with other BSOs, share best practices, achievements and success stories within the project, as well as views and suggestions for future similar programs. NEWSLETTER APRIL JUNE

4 Visit of the Georgian Business Delegation to Hungary On June 14-15, 2017, EU-Georgia Business Council (EUGBC) organized visit of the Georgian Business Delegation to Hungary. General partner of the project was Georgian cleaning company Kharizma and partner - Bank of Georgia. The participating Georgian companies took part at the Hungary- Georgia Business forum and Georgian Wine & Brandy and Economic Photo Exhibition. NEWSLETTER APRIL JUNE

5 The event was followed by the B2B meetings between Georgian and Hungarian companies. NEWSLETTER APRIL JUNE

6 15 Georgian companies from Agribusiness and Tourism sectors took part at the site visits in successful Hungarian enterprises and companies. General Partner Partner NEWSLETTER APRIL JUNE

7 Working meeting at the Embassy of Poland in Tbilisi Working meeting between the V4 Countries (Czech Republic, Hungary, Poland and Slovakia) Ambassadors to Georgia and EUGBC Secretary General held on June 6 at the Polish Embassy in Tbilisi. The meeting was attended by the Deputy Head of Missions of Czech Republic and Poland, Counsellor of Polish Embassy in economic affairs, as well as EUGBC Projects Director. During the meeting were discussed issues related to the conference titled V4 experience for Economic Development in Georgia to be held in November, NEWSLETTER APRIL JUNE

8 EUGBC organized first Georgian- Finnish business forum The EU-Georgia Business Council with close cooperation with the Ministry of Foreign Affairs of Finland, organized the first Georgian-Finnish business forum on June 5, Within the framework of the event, representatives of 15 large Finnish companies, the Ministry of Foreign Affairs of Finland and the Finnish- Georgian Trade Association visited Tbilisi. Business Forum was opened by Secretary General of EUGBC, Zviad Chumburidze and Ambassador of Finland to Georgia, Arja Makkonen. Deputy Minister of Foreign Affairs Genady Arveladze and Deputy Minister of Agriculture Revaz Asatiani also addressed the audience. The forum aimed at promoting Georgia s investment potential, establishing contacts between Georgian and Finnish companies and thus deepening trade relations between the two countries. World leading Finnish companies represented the following areas: Energy, bioenergy, gas and oil, construction, pharmaceutical and medical services, logistics, security systems,logistics, mining and processing of minerals, meteorological technologies, chemical substances, and nuclear and radiation detectors. After the forum, the company Sarajishvili hosted the attendees of the business forum. Representatives of business delegation get acquainted with the history and unique collection of Georgian company with great traditions. The excursion was followed by special reception. NEWSLETTER APRIL JUNE

9 MEETING WITH DESIGNATED AMBASSADOR OF GEORGIA TO CANADA On May 30, 2017 EUGBC members met Designated Ambassador of Georgia to Canada and Permanent Representation of Georgia to the International Civil Aviation Organization (ICAO)(Ottawa) Mr. Konstantin Kavtaradze. The sides discussed the ways for strengthening of trade and economic relations between the two countries. As Ambassador stressed out, Canada is a country with huge economy and Georgia should achieve stable partnership with this country. Mr. Kavtaradze expressed readiness to work closely with the representatives of interested Georgian companies for development of bilateral economic cooperation. Secretary General of EUGBC, Zviad Chumburidze proposed the idea of organizing joint business event in NEWSLETTER APRIL JUNE

10 EUGBC ORGANIZED GEORGIA- AUSTRIA BUSINESS ROUND TABLE EU-GEORGIA BUSINESS COUNCIL (EUGBC) IN CLOSE COOPERATION WITH THE AUSTRIAN EMBASSY IN GEORGIA AND REPRESENTATIVE OFFICE OF AUSTRIAN FEDERAL ECONOMIC CHAMBER, ORGANIZED A GEORGIA-AUSTRIA BUSINESS ROUND TABLE ON MAY19, THE EVENT WAS ATTENDED BY AROUND 50 AUSTRIAN AND GEORGIAN COMPANIES OF RELEVANT SECTORS. THE MEETING WAS OPENED BY THE SECRETARY GENERAL OF THE EU- GEORGIA BUSINESS COUNCIL, ZVIAD CHUMBURIDZE AND THE AMBASSADOR OF AUSTRIA TO GEORGIA, H.E. ARAD BENKÖ. THE ROUND TABLE AIMED TO ESTABLISH CONTACTS BETWEEN GEORGIAN AND AUSTRIAN COMPANIES, DEVELOP THEIR COOPERATION AND THUS DEEPEN ECONOMIC RELATIONS BETWEEN COUNTRIES. THE AUSTRIAN BUSINESS DELEGATION MEMBERS REPRESENTED DIFFERENT SECTORS, AMONG THEM: HYDRAULIC POWER PLANTS, ENGINEERING SERVICES, HYDRAULIC POWER GENERATION, MANUFACTURE OF DETECTORS, TAPS AND SIMILAR MEASURING INSTRUMENTS, CAST IRON PIPELINE SYSTEMS, TOURISM, E- LEARNING AND PROFESSIONAL TRAININGS. NEWSLETTER APRIL JUNE

11 Meeting with Georgian and Brazilian Ambassadors, as well as Brazilian Trade Agency On May 16, 2017 EUGBC members met Designated Ambassador of Georgia to Brazil Mr. David Solomonia, Deputy Head of Brazilian Mission to Georgia, Marcus Vinicius Moreira Marinho, as well as, Mr. Almir Américo, representative of the Brazilian Trade and Investment Promotion Agency (APEX). The meeting reflected common readiness for developing business links and merging trade relations between the two countries. As EUGBC Secretary General, Zviad Chumburidze pointed out bilateral trade and economic relations should be developed taking into account huge opportunities stemming from DCFTA with the EU, also free trade agreements with China and CIS Countries. Deputy Head of Mission of Brasilia mentioned that Brazilian business sector need to see Georgia as very interesting business dimension, due to its unique location, low tax conditions and zero corruption. Diplomats agreed that the very first step for lunching this process is to raise awareness about Georgia in Brazil and vice versa. NEWSLETTER APRIL JUNE

12 EUGBC management and member companies participated in conference EU4Business in Georgia: EIB Group Improving Access to Finance EUGBC member companies took part at the conference titled EU4Business in Georgia: EIB Group Improving Access to Finance held on 8 May in Tbilisi. The event brought together around 200 representatives of business, banks, microfinance institutions, financial advisors and industry associations. The conference guests were addressed by high ranking representatives of the European Union, the Georgian Government, and the European Investment Bank, namely: Mr. Janoš Herman, Ambassador of the European Union to Georgia, Mr. Dimitry Kumsishvili, First Vice Prime Minister and Minister of Finance of Georgia, Mr. Levan Davitashvili, Minister of Agriculture of Georgia, Mr. Giorgi Cherkezishvili, Deputy Minister of Economy and Sustainable Development of Georgia, and Mr. Heinz Olbers, Director of the Neighbouring Countries Department of the European Investment Bank. NEWSLETTER APRIL JUNE

13 V4 Countries Ambassadors meeting with business sector and presentation of EUGBC New Business Catalogue On April 26, EU-Georgia Business Council (EUGBC) organized a meeting between the V4 countries (Czech Republic, Hungary, Poland and Slovakia) Ambassadors to Georgia and business sector. During the meeting were discussed possibilities of development of bilateral economic relations, as well as issue related to organizing of joint conference under the aegis of EUGBC, titled V4 experience in managing economic transition in Georgia. Representatives of the Georgian Government and Diplomatic corps participated in the meeting. The meeting was followed by the presentation of EUGBC new Business Catalogue EUGBC Business Line 2017, which is mainly dedicated to Georgian wine, wine companies and new member companies of EUGBC. The main goal of the catalogue is to popularize Georgian products, introduce them to potential investors and connect Georgian and European business sectors. NEWSLETTER APRIL JUNE

14 Memorandum of Cooperation was signed between EUGBC and Caucasus University Memorandum of Cooperation was signed between the EU Georgia Business Council and Caucasus University. According to the agreement, students and graduates from Caucasus University s Faculty of Business and Economics will undergo internship courses in EUGBC and will take part in organizing process of present and future projects. Memorandum also foresees bilateral cooperation in educational issues, which involves conducting of thematic lectures on important issues by EUGBC, including trade with Europe. One of the main goals of the memorandum is to encourage young economists, as well as establish effective communication between Georgian business sector and young specialists. Meeting with the Ambassador of People s Republic of China, H.E. Mr. Ji Yanchi On April 24, 2017 EUGBC management held a meeting with the Ambassador of People s Republic of China, H.E. Mr. Ji Yanchi, which was attended by the representatives of business sector. The meeting reflected issues of possible future cooperation between the two countries, especially issues such as improvement of environmental situation in Georgia by using the latest technologies from China. NEWSLETTER APRIL JUNE

15 MEMBERS NEWS Energy efficient technologies introduced by BP and its partners help reduce CO2 emissions in Georgia On June 1st BP announced results of the three-year project Renewable energy and energy efficiency project for Georgian municipalities. The project initiated and funded by BP and its oil and gas Co-venturers and implemented by the Energy Efficiency Center Georgia aimed at promoting national energy security, as well as global environment protection, by improving energy efficiency in Georgian communities through provision of various tools and devices for reducing the CO2 emissions. Monitoring of the 11 energy efficient projects implemented in eight cities in Georgia revealed the initial data since the inception of the project up to December Up to 2,440, 300 kwh energy saved About 406,000 Kg CO2 emissions reduced Up to 253,000 GEL reduction in energy bills NEWSLETTER APRIL JUNE

16 11 energy efficient projects launched in partnership with the municipalities of 8 cities of Tbilisi, Rustavi, Telavi, Gori, Zugdidi, Kutaisi, Batumi and Akhaltsikhe demonstrate how clean energy technologies introduced in various municipal buildings and other facilities in Georgia, help reduce the energy bills, improve the quality of the supplied energy, and reduce the negative impact on the environment. Municipalities of these cities have joined the EU initiative of Covenant of Mayors undertaking ambitious commitment to reduce the energy consumptions of their respective cities to achieve 20% reduction of CO2 emissions by Chris Schlueter, general manager for BP in Georgia, said: Partnership with the municipalities within the three-year energy efficiency project allowed us to combine the efforts to reduce CO2 emissions and helped introduce renewable energy and energy efficiency technologies in Georgia. Energy efficient projects launched in eight cities will continue to bring significant benefits for many years to come. These projects are good examples of BP s successful partnership with local municipalities and long-term commitment to Georgia. Project activities varied from the replacement of inefficient lighting systems with modern LED lighting to the introduction of solar thermal systems and solar PV systems and measures, improving energy performance of buildings and standard of living for children and adults. Schoolchildren, students and media showed a great interest and actively participated in the thematic contests and sustainable energy week events in municipalities. A professional science book Energy efficient principles in the traditional Georgian architecture and film series produced based on the book was prepared and presented at the closing event held at the Youth Palace of Georgia. Eka Grigalava, Deputy Minister of the Environment and Natural Resources Protection of Georgia believes that clean energy projects will help Georgia s long-term sustainable development. Despite Georgia s ample hydro resources we have an obligation to develop other alternative energy sources to respond to the climate change. I am delighted that thanks to BP and its partners the electricity generating solar photovoltaic micro power station connected to utility grid was installed in the Youth Palace. This is a great venue for a demonstration project. I am sure that every student of the Youth Palace who spends a lot of time studying here will learn about this micro solar station, the new source of clean energy. Deputy Minister of Energy of Georgia, Marika Arabidze believes that public-private partnership is important for the development of the cleaner energy sources. I would like to thank all parties involved in the project. Only by acting together we will be able to play our part in the development of the cleaner energy sources contributing to Georgia s energy independence. BP and its partners have supported total 34 projects in support of energy efficiency in Georgia. These projects resulted in up to 4,354,500 kwh energy saving; about 1,012,000 Kg CO2 reductions in emissions; up to 590,000 GEL saving in energy bills. Over the nine years from 2008 up to date USD 2,453,000 was invested in the energy efficiency projects across the country. NEWSLETTER APRIL JUNE

17 BP together with the British Council awarded local media representatives BP together with the British Council awarded local media representatives with the certificates of achievement for successful completion of the English language course. In 2017 thirty eight journalists graduated from the BP funded English language course delivered by the British Council from April 2016 through March Nata Bagdavadze, academic manager at the British Council teaching center said, BP funded project for local media over the ten year span allowed more than 500 journalists from Tbilisi and regions to gain English language skills which help them in their daily jobs, understanding and writing news, interviewing respondents, meeting people, participating in the professional trainings. Gia Gvaladze, external affairs manager for BP in Georgia handed over the certificates to the journalists. He spoke about his experience and encouraged graduates to use knowledge gained during the course as well as available resources and opportunities in their daily jobs to advance personally and professionally. Participants expressed satisfaction with the opportunity to be involved in the program. Natalia Mumladze, editor in Chief and director of the news room of Palitra media said, We have 20 websites, a TV and a Radio station and we have about 150 employees. We have many internal trainings and we send our journalists to other trainings as well, but I think this program from BP is the most sought-after program for journalists in Georgia, the foundation which allows us get most out of other professional trainings. Throughout the course journalists participated in number of extracurricular activities and social events, including a visit to the Community Development Initiative projects supported by BP and its partners; One of the teachers for the regional group of journalists in Kutaisi Maia Alavidze has been teaching English for 25 years. I am very happy to be in this project because I feel happy to work with intelligent people, professionals in the field and appreciate how important is for them to learn English and in general. I think English courses for journalists in the regions is a very important factor in terms of development for Imereti. What is important we have results we are proud of. All of the journalists can interview people and write articles in English and I am part of their daily improvements and achievements. I am thankful to BP for this, Maia said. In 2016/17 calendar year BP funded five English Language groups for journalists working in a range of media sources across 3 locations in Georgia - Tbilisi, Kutaisi and Akhaltsikhe. Course participants were selected through an open call in media sources, through placement testing and interviews. NEWSLETTER APRIL JUNE

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19 BDO declares growth by 2016 results In June 2017 the Supervisory Agency for Accounting, Auditing and Reporting published the 2016 financial year results for the audit firms operating in Georgia. BDO is proud to declare significant growth as compared to the previous year. With combined fee income of GEL9,775,521 and 35% growth in partners and staff BDO now ranks 3rd in the official ratings. This translates into 41% growth ratio, which reflects service diversity and organic growth as well as significant merger in the beginning of the year. The merger accounts for major new direction of technology advisory now presented under the brand name of BDO Solutions. In view of consistent diversification of professional services BDO marked 2016 with the launch of two more new directions business trainings by BDO Academy and HR and payroll services by BDO HR & Payroll. For the past 9 years BDO consistently maintains 4th or 3rd place in the ratings largely due to growing trust of the clients who value exceptional services. Detailed information about latest ratings of audit firms is provided by KPMG Georgia established its new Report on Crane index KPMG Georgia established its new Report on Crane index, which is available on the following link: The Crane Index is a tool utilized across the world in order to monitor the Breakdown of constructions by types activity in the construction sector. By physically counting the number of cranes in a city on a periodic basis, it enables the reader to understand the construction trend over time. In the crane index survey we count the number of cranes currently installed. throughout Tbilisi. As of the first quarter of 2017 we have identified a total of 107 cranes installed at the construction sites. The results of our survey have also revealed that the construction of mixed-use buildings have been the most attractive for developers and private investors, with approximately 41% of construction works being related to multi-functional complexes followed by residential premises (33%). The latter involves the development of a mix of residential, commercial, office and hotel premises. NEWSLETTER APRIL JUNE

20 KPMG in Georgia gives lectures at Tbilisi State University On June 8 and 9, KPMG in Georgia conducted lectures on IFRS and Audit for Tbilisi State University students. The audience was greeted by Andrew Coxshall, Managing Partner, who introduced KPMG, talked about our Values and the key points of the KPMG Story, explained what we stand for, how we do things and how our values underpin everything we do. Andrew stressed on the need for Quality in everything that we do and how KPMG wanted to hire the best by being the Employer of Choice. During the course, Mariam Arakelashvili, Lali Mchedlishvili and Levan Gudiashvili spoke about important aspects of IFRS, implementation of IFRS and introduced Audit procedures and Risks. Building on the experience of the previous year's lectures, KPMG's presenters included more practical examples and case studies into the presentations, which made the information more understandable and useful for the audience. Presentations proved to be interesting and the feedback from the students was very positive. After the lectures, Ani Gotsiridze, HR Manager, spoke about KPMG policies and introduced the current job openings at KPMG in Georgia. On 16 June, a Blood Donation Event was held in KPMG in Georgia. Five [give the actual number] volunteers from KPMG Tbilisi Office donated blood for saving the lives of others. All the donated blood will go to the Blood Donation Urban Station, which is the leading blood bank in Georgia and supplies hospitals all over the country. The blood will be used: For cancer patients For those undergoing surgery To treat accident or burns victims To provide clotting factors for people with bleeding disorders including haemophilia To provide antibody treatment for people with disorders of the immune system. NEWSLETTER APRIL JUNE

21 KPMG in Moscow and Tbilisi hold joint seminar on Environmental, Health Safety and Social aspects of project financing On 20th of June KPMG Georgia has organized a seminar on requirements of financial institutes to project owners regarding Environmental, Health Safety and Social aspects and Changes in Environmental legislation and Governance. The seminar was conducted by colleagues from KPMG Sustainability practice in Russia and CIS, Ivan Barsola, Senior Manager, and Boris Samoylenko, Manager. The active support in the organization of the seminar was provided by Irina Gevorgyan, Director of the Advisory Services Department in KPMG Tbilisi. The participants discussed requirements of Banks of developments in ecological and social areas and detailed approaches to fulfil these requirements with different stages of projects. The workshop also covered an overview of major changes in environmental legislation in Georgia in the field of the Environmental Assessment and new opportunities related to CO2 emission reductions projects. The seminar was attended by representatives of some of the largest Hydro Power Plants in Georgia as well as representatives of industrial and other sectors. The topics discussed in the course of the seminar were of the great interest due to its relevance in the current conditions. To evaluate sailors' contributions International Maritime Organization (IMO) announced June 25 as the International Day of Seafarer. This day is celebrated by all maritime countries of the world and Georgia together with them (from 2011). On June 25, 2017 Day of the seafarer was celebrated in Batumi. We are happy that Batumi High Maritime Engineering School ANRI, LLC was active participant of this Day. In this celebration participated all staff, teachers and cadets of our school. We had an exhibition of training facilities and equipment. We held Oath taking ceremony. Taking this opportunity we would like to once again congratulate with professional day all acting and future seafarers, also veterans! NEWSLETTER APRIL JUNE

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23 Gebrüder Weiss opens office in Armenia Gebrüder Weiss is continuing to expand its presence along the Silk Road. The new representation office in the centre of Yerevan city started its activities at the beginning of April, and is connected to the Gebrüder Weiss Georgian branch in Tbilisi. A twice-weekly groupage freight shipment service from anywhere in Europe through our Austrian (Vienna) and German (Hanau) warehouses to Armenia is offered. Alongside land transport services, the company s portfolio also features air and sea freight, both managed by the Gebrüder Weiss hub in Tbilisi. Caucasus region expanded By being represented in Yerevan, we are expanding our network in the Caucasus region, as a link between Europe and Central Asia, explains Thomas Moser, Director and Regional Manager South- East/CIS at Gebrüder Weiss, the strategic step. The representative s aim is the advancement of feasibility for export-oriented on-site companies entering the Armenian market. In this respect, Moser further explains it s also intended to continue developing exports from Armenia to Europe. Best transit option: the overland north-south corridor The transport situation in Armenia is not easy, since there is no direct access to the sea, and the geographically restricted borders in the west and in the east make transportation in the country difficult. This of course has an impact on transport options, says Alexander Kharlamov, Managing Director of Gebrüder Weiss Georgia, about the challenging geographic component for logistics companies. The majority of all imports passes through sea ports of Georgia, and then proceeds overland through Georgia to Armenia. About Gebrüder Weiss With over 6,500 employees, 150 company-owned locations and a provisional annual turnover of 1.36 billion euros (2016), Gebrüder Weiss ranks among Europe s leading transport and logistics companies. In addition to its core business of land transport, air & sea freight and logistics, the company operates a number of highly specialised industry solutions and subsidiaries under the umbrella of Gebrüder Weiss Holding AG, based in Lauterach (Austria). This includes logistics consultancy firm x vise, tectraxx (industry specialist for hi-tech businesses), inet-logistics (software solutions for TMS transport management), dicall (communications solutions, market research, and training), Rail Cargo (railway transport) and the Gebrüder Weiss parcel service GWP, co-partner of the Austrian company DPD. This bundling of services allows the corporate group to respond to customer needs quickly and flexibly. Having implemented a variety of environmental, economic and social initiatives, today the family-run company with a 500-year history is a pioneer in sustainable business practices. NEWSLETTER APRIL JUNE

24 HeidelbergCement Caucasus continues to pursue the social responsibility by organizing its 6 th annual social project TbilisiMarathon, aimed at promoting healthy lifestyle and charity contribution. The 6 th TbilisiMarathon will be held on October 22, 2017 in Tbilisi city center! The race will cover historically and visually attractive streets of the capital. Exclusively for the event the traffic roads leading to the central streets will be blocked for the race. TbilisiMarathon will include 4 different races: Half Marathon (21,097km) - registration fee - 20 GEL 10k Run registration fee - 15 GEL Relay Race registration fee 100 GEL Kids Run (500m run for 6-10 age and 1000m run for age groups) Registration is free of charge Registration for TbilisiMarathon 2017 is already OPEN and available on TbilisiMarathon is held in full compliance with the international standards, since the results of the race are counted by the traditional partner - German Company Mika timing with the internationally recognized Official Timekeeping and Data Processing system. The event is organized under the patronage of the Embassy of Germany in Georgia, Tbilisi City Hall, and the Ministry of Sport and Youth Affairs of Georgia. As a charity aspect of TbilisiMarathon, the registration fee of those participants, who will cross the Start Line on 22 nd of October, will be doubled by HeidelbergCement and transferred to the beneficiary. Besides promoting healthy lifestyle and charity, TbilisiMarathon also aims at developing tourism and promoting the city of Tbilisi. NEWSLETTER APRIL JUNE

25 With its increased popularity, the event significantly gains its scale annually. In 2016, exclusively for the event international guests from up to 60 countries visited Georgia, 120 teams participated in TbilisiMarathon, 2346 people registered and 1185 crossed the finish line. The funds raised from the registration reached GEL, which were doubled by Heidelbergcement and total of GEL transferred for construction of the first Children s Hospice construction in Georgia. Therefore, each registered participant of TbilisiMarathon is contributing to charity! This year the event awaits even more participants and guests from all over the world. Register now on and become part of the great cause and the great international sport and charity event! For further information please contact: Project manager: Nikoloz Jinjikhadze nikoloz.jinjikhadze@heidelbergcement.ge Georgian Cement Association Press Conference The first Blind Testing results of the Georgian cement market The Georgian Cement Association (GCA) has completed its first blind testing of the bagged cement available on the Georgian cement market. In April of the current year, at the request of GCA, Geoexpertise, a subsidiary company of the Georgian Chamber of Commerce and Industry, anonymously purchased 25 cement bags of different producers on the open market. Five test samples were taken from each bag. Each of these samples was then bagged, sealed and coded so that the three testing laboratories would not know whose cement they were testing. One set of 25 test samples was delivered to the Georgian Technical University (GTU) Laboratory for the actual testing. Concurrently, identical sealed and coded sets were sent for testing to the accredited laboratories of the GCA founding members. The fifth set was stored in case if any dispute or claim may arise Having completed all tests at GTU Laboratory results were announced at the GCA press conference, on May 25th. As a result of the GCA accredited laboratories testing, from 25 test samples only 8 (6 products of GCA members and 2 of others) passed the required limit of, relevant EN Standard. 14 Products from local Manufacturer, couldn t reach minimum standard requirements, the highest figure shown by those products was Mpa. So called imported products from Armenia and Iran failed to pass the test as well. NEWSLETTER APRIL JUNE

26 The whole process has been supervised by a subsidiary company of Georgian Chamber of Commerce and Industry Geoexpertise. The GCA was founded in January HeidelbergCement and Kavkaz cement/gbg are the founding members of the association. The initial objectives of the GCA are to protect the customers by informing all Georgian cement producers and consumers as to (1) how construction safety is affected by cement quality and (2) how customer protection is guaranteed by truth in advertising of cement products sold in bags, thus putting an end to cheating by the means of the sale of bagged cements the quality of which does not meet the standards specified on its packaging. HeidelbergCement 5th International Quality Conference Infrastructure, Real Estate, Architecture On June 3-4, HeidelbergCement hosted the 5th International Quality Conference in Borjomi, Georgia. The conference brought together more than 200 representatives from the leading local and international construction companies, real estate developers, architects, specialists from building materials and technology sectors, engineers, international experts and professionals, members of the Georgian Government and Tbilisi City Hall. NEWSLETTER APRIL JUNE

27 The main topic of the conference was infrastructure, real estate and architecture. Exclusively for the conference Filippo Lodi, the senior architect of UN Studio, a full-service architecture design company, made a presentation on Future Innovations and talked about the newest technologies planned in the future. George Khmaladze the prominent Georgian architect made the presentation about ZichtBeton. Among the other professional speakers Levan Kupatashvili, the head of the technical office of Roads Department of Georgia, discussed ongoing and planned projects. Moreover, the head of the Tbilisi land use plan project Merab Bolkvadze talked about the Ideology of Compact city, polycentric development. The updated real estate market review was presented by Zurab Kananashvili from Colliers International. The guests also had an opportunity to get information about HeidelbergCement innovations and technological updates, as well as the company s investment projects and its future plans. Customers web portal that is a brand new product of HeidelbergCement was also introduced to the audience. The web portal gives an opportunity to its clients to have access to the main information data, such as Finance, Logistics, Laboratory and Administration. The event lasted for two days. The first day was dedicated to the exhibition, where the main novelties of HeidelbergCement were displayed. The second day was fully dedicated to the conference. HeidelbergCement Quality conference is an annual event organized by HeidelbergCement Caucasus for its partners and clients were the most trending issues of the construction and building sectors are presented and discussed by the field s leading local and international experts and companies. CHRONOLOGY 2013 Quality and Innovations in concrete production (Batumi, Sheraton Hotel) 2014 HeidelbergCement 2nd Quality Conference on Best Construction Practices and Innovations in Infrastructure and Energy Sectors (Tbilisi, Sheraton Hotel) 2015 HeidelbergCement 3rd Quality Conference on Residential Construction and Development (Kakheti, Kvareli Eden Hotel) 2016 HeidelbergCement and Doka GmbH 4th Quality Conference on Modern solutions in NEWSLETTER APRIL JUNE

28 New brands are to open in Georgia as a result of the 1st International Franchise Exhibition BUYBRAND Transcaucasia Over 300 entrepreneurs from Georgia, Armenia, Azerbaijan, Turkey, Iran, Latvia, Poland and Germany visited the 1st International Franchise Exhibition BUYBRAND Transcaucasia which was held in Tbilisi on June 2-3, The Exhibition was organized by EMTG Company the leader in the field of b2b events in Russia and nearby countries. The Expo was supported by Enterprise Georgia, Georgia International Chamber of Commerce, EU GBC and The Georgian Chamber of Commerce and Industry. Leading European, American and Russian brands, such as Best Western Hotels and Resorts, INVITRO, KANZLER, Southern Fried Chicken, Shokoladnitsa, Baskin Robins, and others, presented their franchise models at the Expo. The Expo was aimed to bring as more popular brands as possible to the Georgian market. It has great significance to the country as best quality services will be available for consumers. Besides new international brands will attract investments and create new job opportunities, - stated Giorgi Cherkezishvili, Deputy Minister of Economy and Sustainable Development of Georgia This event is very important not only for Georgia, but for the whole Transcaucasian Region as well. We are all interested in international brands to be presented in our countries, - said Nino Chikovani, President of Georgian Chamber of Commerce and Industry. BUYBRAND Transcaucasia was accompanied by the BUSINESS FORUM, where the Top Officials of the world leading franchising companies, experts and advisors on franchising and partner business participated as speakers. There has been no active development of franchising as a form of doing business over the past 25 years in countries of the Transcaucasian Region. However, the capacity of the market of the Transcaucasian NEWSLETTER APRIL JUNE

29 Region suggests that in the next 5 years, about 1,000 franchise enterprises can be opened in Georgia, Armenia and Azerbaijan, where up to 15,000 people will be employed, and their contribution to the GDP of countries may be 1.5 2%. That is why Transcaucasia Region is very attractive for international franchise brands, commented organizer of the Exhibition Ekaterina Soyak. According to the participants of the expo, they were mostly satisfied with the negotiations they had held at BUYBRAND Transcaucasia and it is expected that over 60% of them will sign franchise contracts with local entrepreneurs by the end of Next International Franchise Expo BUYBRAND will take place in Moscow, Russia on September 27-29, It will be the 15th edition of the Expo with over 200 franchise brands from 15 countries and visitors from Russia and neighboring countries. Organizer EMTG Contact , info@expomtg.com NEWSLETTER APRIL JUNE

30 PASHA Bank Supports Eco Project in Kondoli Village On April 1st Rotary Club Tbilisi Ambassador in partnership with PASHA Bank carried out an ecoproject in Kondoli village (Telavi region, Kakheti). The project was also supported by World Vision and Palitra Holding bookstores chain Biblus. The project implied planting the trees in the school yard, building a playground and formation of the ecoclub. Local school children and World Vision beneficiaries were directly involved in the process. The outdoor activities were followed by screening of a film about the environmental issues and a seminar concerning ecology. The newly established eco-club takes responsibility to take care of the garden and managing paper waste that will be delivered to Palitra Holding bookstore Biblus and exchanged for books. Supporting this project was of double importance for PASHA Bank, as it combines both directions that we focus on as a part of our CSR. It was lovely to see the schoolchildren so eagerly involved in the working process together with World Vision beneficiaries. PASHA Bank plans to initiate and support more projects of eco-friendly nature, - said Anano Korkia, Head of PR and Marketing Department at PASHA Bank. It should be noted that ecological situation in Georgia is getting worse day by day. This may cause certain natural disasters and other environmental issues in future. Thus our organization has decided to direct its resources towards slightly improving ecological situation, starting in Kondoli village. This project is multifunctional and will remain sustainable, considering the fact that here children learn about the importance of ecology and also plant trees to fully experience the process. said Bidzina Kumsiashvili, Charter President of Rotary Club Tbilisi Ambassador. PASHA Bank Plants 1000 Oak Trees This year again PASHA Bank congratulated its partners and clients on Easter in a special way: on behalf of its associates the Bank planted 1,000 Georgian Oak (Quercus Iberica) and Imeretian Oak (Quercus Imeretina) trees, the latter of which is in NEWSLETTER APRIL JUNE

31 the Red List of threatened species of plants. The seedlings were planted in Imereti region and fully covered one of the areas in Ajameti Managed Reserve that rehabilitation processes are carried out. Together with Treepex and PASHA Bank the representatives of the Agency of Protected Areas of Georgia and local schoolchildren also joined the planting process. At PASHA Bank we pay considerable attention to corporate social responsibility and we have carried out a number of charity and social activities in Georgia. This year we have decided to mostly focus on environmental friendly projects and get our clients and partners involved as well. Together with Treepex we are happy to have another opportunity to contribute to the rehabilitation program and make a good deed, said Anano Korkia, Head of PR and Marketing at PASHA Bank. We highly appreciate PASHA Bank s initiative to participate in the rehabilitation of Ajameti Managed Reserve. It is a part of 10-year plan according to which the Imeretian Oak and Zelkova trees will be replanted here. We hope that the Bank will continue its green activities and give a good example to other companies as well. - Said Toma Dekanoidze, acting Head of Planning and Development Service at the Agency of Protected Areas. In terms of its green projects PASHA Bank planted 2017 Georgian Pine Trees near Borjomi, where 260 hectares of forest got burnt down in August The Bank plans to fulfill even more eco projects in future. PASHA Bank Partner of Golden Brand Awards for the Third Year in a Row On April 21st, 2017 Golden Brand annual awards ceremony was held in Hotels & Preference Hualing Tbilisi with PASHA Bank being special partner of the event for the third year in a row. The ceremony was attended by the top managers of leading companies, the representatives of local government, diplomatic corps and media. The welcome speeches were delivered by Mr. Fadi Asli - President of the International Chamber of Commerce, Ms. Sophia Makatsaria - Marketing Director of Georgian Chamber of Commerce and Industry, Mr. Shahin Mammadov - CEO and Chairman of the Board of Directors at PASHA Bank, Mr. Petter Lillvik - General Manager for Hotels & Preference Hualing Tbilisi and other partners of the event. NEWSLETTER APRIL JUNE

32 Being organized by Global Idea and The FINANCIAL Golden Brand is considered as the most prestigious and influential annual business award since 2006 and is given to companies that achieved special success in previous year. Mr. Mammadov awarded a Golden Brand prize to winning companies: - Mineral Water Nabeglavi - Employer of the year Tegeta Motors - Restaurant Tabla - Healthy products Lithuanian Bakery - Innovation-oriented company - Lutecia The Golden Brand was also awarded to: - The Ministry of Agriculture for its contribution to the rural development in the country - The Ministry of Culture and Monument Protection for the project Check in Georgia - The Ministry of Economy and Sustainable Development for the project Technopark - Ministry of Regional Development and Infrastructure for the projects implemented in 2016 PASHA Bank is the partner of Golden Brand Awards for the third time this year. By doing so we once again underline our readiness and desire to support development of local business. We believe that the Awards serve as additional motivator for the winner companies and prove their success. Hereby, I would like to congratulate the winners and wish them to stay the course! said Shahin Mammadov, CEO and Chairman of Board of Directors at PASHA Bank. The Golden Brand Awards Ceremony contributes to creating a competitive environment for local businesses. It aims to introduce modern, brand-building and business-establishing methods. The main idea of the awards ceremony is to present and popularize Georgian companies as well as foreign companies operating in Georgia. The Golden Brand strives to promote those companies activities and help them further develop their brands. - said Natia Jincharadze, General Director at Global Idea. PASHA Bank - Partner of International Business Forum in Batumi On May 22-23rd International Business Forum took place at Euphoria Hotel Batumi. The event was organized by consultancy company IBF and supported by PASHA Bank. The main topic of discussion was Leadership; therefore experience in this area was the main criterion while choosing the right speakers for the event. Each of the six presenters is a leading authority in the field they represent: - Pierluigi Collina Six times FIFA's "Best Referee of the Year" and member of the UEFA Referees Committee - Marshall Goldsmith - An American leadership coach, the author of several management-related NEWSLETTER APRIL JUNE

33 books, one of the world s most-influential business thinkers for the past ten years by Thinkers50 - Kevin Gaskell - Former CEO at Porsche and Lamborghini - Sean Fitzpatrick - Rugby legend, former captain of the New Zealand national rugby union team All Blacks, founder and CEO at Front Row Leadership - Dananjaya Hettiarachchi - The 2014 World Champion of Public Speaking, HR expert and trainer - John King The co-author of #1 New York Times bestseller Tribal Leadership, motivational speaker IBF was attended by delegates from 14 countries, among them representatives of small, medium and large enterprises, startups, government and media. PASHA Bank always tries to support projects of this kind. The high attendance at the event demonstrated that the subject of the forum was definitely interesting for audience. We hope that similar gatherings will be organized in the future as well, said Anano Korkia, Head of PR and Marketing at PASHA Bank. This forum had a unique format which enabled local and foreign guests to attend talks of world class speakers during two days. We are glad to have received positive feedback from the participants. This will definitely serve us as a motivator for organizing future events, said Guga Kobakhidze, founder of IBF. Business Café Meetings NEWSLETTER APRIL JUNE

34 In May and June Business Café met up for three more times with the following speakers and topics: - Mr. Sascha Ternes, Managing Partner at TERNES Real Estate Fund LLC and former CEO of ProCredit Bank Organizational culture, business ethics and corporate management - Mr. George Kananashvili, entrepreneur Financial Technologies and Challenges - Mr. Levan Bakhia, the founder of Sarke Studio - Reality reflected by SARKE - marketing, managerial and philosophical awakening. About Business Café: Business Café is a project initiated by consulting company Insource and it has been supported by PASHA Bank since Business Café meetings are attended by top managers of large and medium-sized enterprises on regular basis. Each meeting offers a convenient platform for sharing knowledge and experiences as well as discussing the recent trends in various industries and the economy as a whole. Interesting discussion topics and interactive event format attract the participants and contribute to the rising popularity of the project. As of 2017 two new sponsors have joined the initiative - ACT and Orient Logic. NEWSLETTER APRIL JUNE

35 Among the speakers and presented topics of previous Business Café meetings were: - Lado Gurgenidze, former Prime Minister of Georgia, an executive chairman of the supervisory board of Liberty Bank - Thoughts about management and leadership - Giorgi Kadagidze, former president of National Bank of Georgia - Innovation management - Alexander Jejelava, Minister of Education of Georgia - Organizational corporate culture - David Gogichaishvili, general manager of Night Show Studio - Management of human resources - Andro Dgebuadze, business advisor Management 3.0 or MBA books in mirror - Papuna Toliashvili, founder and managing partner of Synergy Group - Circular Organizational Structures - Tinatin Rukhadze, Co-founder and General Director at research and consulting company ACT- Who is the leader of the future? - Guga Tsanava, the businessman and entrepreneur - Stanford Model of Management Healthcare Sector Development in Georgia the Third MEETING ROOM Conference by PASHA Bank On June 9th in Radisson Blu Iveria Hotel PASHA Bank hosted its third business conference under the auspices of MEETING ROOM with the topic being Healthcare Sector Development in Georgia. MEETING ROOM brought together a diverse group of players from public and private sectors to discuss major issues concerning the healthcare sector. The MEETING ROOM covered, among others, the following topics: overview of the healthcare sector, capital as a crucial pillar for healthcare sector development, current state and future vision for healthcare sector, implementation of effective hospital management processes in a developing and dynamic healthcare system, integration of Georgia s private insurance system and the universal healthcare program, successful healthcare projects in rural areas, specific considerations for financing healthcare projects. The presentations were delivered by following speakers: - Ketevan Goginashvili - Head of Health Policy Division at Ministry of Health, Labor and Social Affairs of Georgia - Davit Vakhtangishvili- Deputy CEO (Finance), EVEX Medical Corporation - Ana Kurkhuli - CFO of Vivo Medical Group - Besik Pestvenidze - Health Insurance Director, GPI Holding - Nodar Chikovani - Regional Coordinator, Medical Corporation Primed - Goga Japaridze - CCO, Member of the Board of Directors of PASHA Bank The meeting was moderated by George Sharashidze, General Manager of Georgia Today Group. On June 9th PASHA Bank held its third conference in the scope of the MEETING ROOM this time to discuss the Healthcare Sector in Georgia from various perspectives. This time again the gathering was NEWSLETTER APRIL JUNE

36 engaging and informative, and the feedbacks we received from the guests were positive and inspiring. We plan to organize one more conference in 2017 as we see that this project provides a good platform for open discussions in different industries, - said Goga Japaridze, CCO, Member of the Board of Directors at PASHA Bank. About MEETING ROOM: MEETING ROOM is a project initiated by PASHA Bank - a series of business conferences that aims to bring together participants from various sectors providing a platform for sharing ideas and best practices as it relates to raising the capital for a wide range of industries. The previous two meetings were held in June and December of last year with the topics being Hotel Development in Georgia and Sustainable Energy Development in Georgia - Case for Hydro Power Plants. PASHA Bank Funds yet another Eco Project To celebrate the International Children's Day on June 1st PASHA Bank donated Caucasian Fir trees to ten schools in Tbilisi to be planted in their yards. The schools were selected by Georgia Today - the initiator of the project. Together with the plants each school received copies of newspaper Georgia Today Education - a new edition by Georgia Today aimed at helping school pupils and students to improve their English language skills. NEWSLETTER APRIL JUNE

37 Caucasian Fir (Abies Nordmanniana) is evergreen, coniferous tree in the pine family, native to the Caucasus, mainly Georgia and is known worldwide as a natural Christmas Tree because of its shape. The plants were purchased from the social enterprise Green Life that nurtures Caucasian Fir seedlings in Georgia. As announced earlier this year, PASHA Bank continues supporting green projects and initiatives. This time we have eagerly joined a project organized by newspaper Georgia Today Education and on the International Children s Day we gave ten Caucasian Fir plants to each school to be planted in their yards. We firmly believe that providing green education to youth and their direct involvement in the green projects will lead them to being more aware of and responsible towards environmental issues. - commented Anano Korkia, Head of PR and Marketing Department of PASHA Bank. As the executive editor of a monthly newspaper for schools which actively highlights social issues, such as the need for children to take better care of their environment, the chance to donate trees was very exciting. The children met the Georgia Today Education and PASHA Bank team with so much energy- I have no doubt they'll take great care of the trees they planted in their school yard! It was also great to see their English language ability when we ran a reading competition in class afterwards. The prizes were my books Vampiruli Omebi - which, while of the fantasy genre, themselves focus on how people mistreat the world and need to take better care of it. I have high hopes for the future generations of Georgia as there are many organizations- like ours and PASHA Bank, raising awareness about these important issues. I have no doubt my three young children will soon be growing up in a much better world. said Kate Davies, executive editor of Georgia Today Education. Among the green projects carried out and supported by PASHA Bank are: Georgian Pine Trees planted on behalf of PASHA Bank partners to rehabilitate the forest that got burnt down in August 2008 in Borjomi area - 1,000 Georgian Oak (Quercus Iberica) and Imeretian Oak (Quercus Imeretina) trees planted in Ajameti Managed Reserve, the latter being in the Red List of threatened species of plants trees planted in scope of campaign Aghadgine near Borjomi - Support of the green project by Rotary Club Tbilisi Ambassador to carry out an eco-project in Kondoli village (Telavi region, Kakheti), which implied planting of trees in the school yard, building a playground and formation of the eco-club. During 2017 PASHA Bank plans to carry out other eco projects as well. NEWSLETTER APRIL JUNE

38 Let s Make History Together Oriflame Directors Dinner 2017 Oriflame is the company which gives its successful business partners not only the chance to earn money but also the opportunity to share the beauty, to travel around the world, to have fun and attend high-level unforgettable events. One of such events is the Directors Gala Dinner, which is held annually for those who reach the title of "Director" on the success stairs of Oriflame. The 2017 Gala Dinner was distinguished, because this year the company celebrates its 50th anniversary in the world. On June 9 Oriflame Georgia and Oriflame Armenia hosted a grand dinner called "Let s Make History together. Dinner was held in the Royal Family Palace of Bagrationi, which was built by Ivane Mukhranbaton and French architects in the 19th century. Up to 300 successful leaders of the two countries were invited to the dinner. The guests who came in elegant dresses and costumes were impressed with the spectacular sight, red carpet, paparazzi, festive champagne and specially invited actors. And all this beauty with the saxophon background sound. Later reception has moved to the main location of the Event, where the festive table was decorated with a special show program and specially invited mega stars. The hosts of the dinner were Liza Bagrationi and Nikoloz Tsulukidze. NEWSLETTER APRIL JUNE

39 The most memorable part of the Oriflame Directors Dinner is always recognition of the new titles. Each new Director is invited to the stage, to give the checks, flowers and other gifts with fireworks and applause. Such recognition leaves unforgettable feelings! This year was not an exception, Oriflame has awarded its most successful partners in Georgia and Armenia. Directors were awarded with a $ 1000 single bonus Senior Directors were awarded with a $ 1500 single bonus Gold Directors were awarded with a $ 2000 single bonus Senior Gold Directors were awarded with a $ 3000 single bonus At the end of the event the highest title - Senior Diamond Director was awarded, which get $ 8000 single bonus, unforgettable show by young ballerinas, many gifts, amazing fireworks and recognition by the management of the company. The event was accompanied by lots of musical and dance program. The folk ensemble Nabadi performed Armenian compositions for special guests from Armenia. At the end of the event, the management of the company cut the anniversary cake and dance floor was dedicated to the guests. NEWSLETTER APRIL JUNE

40 HOT SEASON in Hotels & Preference Hualing Tbilisi On May Hotels & Preference Hualing Tbilisi hosted NATO PARLIAMENTARY ASSEMBLY SPRING SESSION, the most important event of the year 2017! More than 500 guests have attended the significant event for Georgia, held in the hotel's impressive Ballroom. The NATO PA assembly spring session has covered the whole hotel. The meetings were held in all six the meeting rooms, private VIP rooms of Chinese restaurant as well as in the grand Hualing Ballroom. NEWSLETTER APRIL JUNE

41 Specially for NATO members Hotels & Preference Hualing Tbilisi has launched its unique Sport bar LEGENDS, which has become a favorite chill out place for NATO representatives after hard working days. The soft opening period of the bar went smoothly, which brought an idea to celebrate a grand opening of the new venue of the 5 star hotel. On June 2nd, with the cooperation of sports bar "LELO, Hotels & Preference Hualing Tbilisi has opened its outstanding "LEGENDS" bar, the only sports bar among international brand hotels in Georgia. The bar is a perfect chill out place to watch famous games, enjoy "GAME TIME" food and pleasant live music. NEWSLETTER APRIL JUNE

42 On the opening ceremony, Georgian Olympic champion, Lasha Talakhadze. was granted with a special award - "Sportsmen of the year". Also, find the special offer for the hot season from Hotels & Preference Hualing Tbilisi. NEWSLETTER APRIL JUNE

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44 BGI Legal are pleased to announce the promotion of Unana Gogokhia from Legal Director to Partner effective as of July 1, Ms. Unana Gogokhia joined the firm ten years ago and has played a key role in major capital market and financial transactions the firm has closed during that time. In recent years has been a leader of finance team at BGI. She is highly praised by the leading legal directory Chambers and Partners which says Clients appreciate her ability to "look at the issue very scrupulously and bring up points in the transaction that none of the other parties spotted." We congratulate Unana on her new position and are excited about her new role at BGI. UBG participated in the International exhibition for Building and Interiors, Caucasus Build 2017 EUGBC member, company Universe Business Group is took part in the International exhibition for Building and Interiors, Caucasus Build The event was taking part in Expo Georgia, at the eleventh pavilion. UBG presented its modern and high-tech facilities for buildings and underground wirings. Caucasus Build is one of the leading and most prestigious building events in Caucasian region. Featuring 150+ exhibitors and up to 4,000 attendees from the construction industry and local government, Caucasus Build is the ideal opportunity for your organization to get involved in Georgian and Caucasian booming construction industry; and to access major contractors, developers and suppliers from Georgia and across Caucasian region. NEWSLETTER APRIL JUNE

45 Georgian Logistic Group joined corporate members of EUGBC Georgian Logistic Group was founded through American investment and provides international transportation services. GLG s slogan is Approving your trust with quality. Our core values are providing service of the highest quality and confirming partners trust. Since GLG s creation four years ago, we have been building partner trust through our global logistics chain and high quality of service provided by our young but qualified staff. GLG has offices in Tbilisi, Batumi, and Poti. At GLG we ve chosen to do our part in bettering the world we live in. In a few months time, GLG is set to begin a range of socially-oriented activities, including professional training for students, ecological campaigns and other activities which help to improve our environment. GLG communicates closely with partners and always enjoys preparing pleasant surprises for them, such as the New Year video that can be found on the company s YouTube channel. NEWSLETTER APRIL JUNE

46 GLG services include: v FCL v LCL v FTL v LTL v Railway v Air transportation v Brokerage services: customs/ terminal handling at any loading/ unloading location NEWSLETTER APRIL JUNE