Please check digest No 569

The new "Kartli Textile" factory was opened in Rustavi, Georgia. The factory currently employs 700 people, and 4,000 Georgian citizens will be employed next year. Investing and opening the new factory in a short time during the pandemic period and economic crisis are of great importance for the strengthening of our country and our region. Enterprise was incorporated with a Turkish investment and intends to employ 4 000 people from Rustavi and Gardabani. It is worth noting that 90% of employees are women. State has allocated a land with its constructions and buildings to the Georgian Textile for establishing a sewing factory with a symbolic price of 1 GEL. Company is a beneficiary of the state-supported program of Produce in Georgia. Investment of 20 MLN GEL has been made into the construction of the enterprise, out of which 10 MLN GEL is a loan obtained through the program of Produce in Georgia. Adjara Textile has been cooperating with world-known brands for years and has been inter alia commissioned by Nike, ADIDAS, Lotto, Erima, New Balance and Under Armour. All 100% of the company output is export-oriented and over 15 000 000 items are annually produced and exported. As the International Investors Association of Georgia, we would like to congratulate our honorable chairman Mr. Cemal Bilgingulluoglu and wish continued success.

2020 was a difficult year for everyone, the situation caused by the COVID-19 pandemic sadly affected us all. Hopefully, in the near future we will be able to defeat the virus and return to the normal rhythm of life. Happy New Year 2021! We would like to wish you good health, happiness, peace, joy, kindness and a prosperous year for yourselves and your families.

2020 was a difficult year for everyone, the situation caused by the COVID-19 pandemic sadly affected us all. On behalf of the Georgian International Investors Association, we would like to thank our medical staff who are selflessly protecting our health during the difficult period of the pandemic. Hopefully, in the near future we will be able to defeat the virus and return to the normal rhythm of life. Happy New Year 2021! We would like to wish you good health, happiness, peace, joy, kindness, and a prosperous year.

The Chairman of the International Investors Association of Georgia, Mr. Osman Chalishkan Mzhavanadze, visited to the Chairman of the Trabzon Chamber of Commerce and Industry in Turkey M. Suat Hacısalihoglu. During the meeting, they talked about the problems caused by the Covid Pandemic, new economic challenges and improving the investment environment, and the importance of the participation of international companies in the Batumi Build Virtual 2021 construction virtual exhibition.

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