GEen

Success Stories

Successful projects are often the inspiration for new green investment opportunities. The examples provided here demonstrate what has already been achieved with GEFF expertise and financial help.

 

Water-smart farming

09.11.2023 -

Founded in Georgia’s Kakheti region in 2014, Shtori Ltd has quickly established itself as a strong player in the local agriculture sector, specializing in the cultivation of corn. Despite their expertise, Shtori Ltd encountered a challenge: the essential need for efficient irrigation. Faced with this challenge, the company started searching for a solution that could

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Cultivating a sustainable future

09.11.2023 -

Founded in 2006 in Tskaltubo, Georgia, Herbia has established itself as a cultivator, packer, and shipper of top-tier culinary herbs and vegetables. What truly sets Herbia apart is its Global Gap certification, a testament to their unwavering commitment to quality. As a leading producer of herbs and vegetables, Herbia faced two significant challenges: escalating energy

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A sustainable home beneath the hills of Tbilisi

10.11.2022 -

The idea of developing an energy-efficient residential complex was born during one of the visits of the founders of Baltic Investment Group (BI Group) to Tbilisi. Experienced developers soon noticed that there was a shortage of energy-efficient residential buildings in the capital, and decided to feel the gap. In order to finance their investment, they

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Electric vehicles beyond personal use

25.06.2022 -

Established in 2014, My Office is a Tbilisi-based company that sells office equipment, paper products and stationery, but mainly specialises in printer sales, cartridge refills, and office equipment repairs. It is the first and only company in Georgia that produces its own printer cartridges. The company also offers free delivery throughout Georgia on orders above

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Eco-friendly furniture made with clean power

22.03.2022 -

Established in 2007, GeoLatex is a company based in Tbilisi that imports and distributes a wide variety of medical supplies and other products throughout Georgia.  In 2021, the company began manufacturing eco-friendly ergonomic furniture for children and young adults. The investment proved successful; however, due to the resulting increased energy demands and rising electricity rates,

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Solar energy in a nutshell

07.03.2022 -

Nuts L LLC, a company founded in 2011 and based in Senaki, Georgia, has been processing and exporting hazelnuts since 2011. Their annual production capacity is approximately 5,000 tonnes. The facility offers hazelnuts in various forms: shelled, unshelled, roasted, diced or finely ground. After electricity rates increased, the management of the company began looking for

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Energy efficient technologies for a new hotel in Tbilisi

15.01.2022 -

Khaled Alrajhi Holding Company, established in 1995 in Saudi Arabia, decided to expand its borders of operation and build a design hotel in Tbilisi, Georgia. The future 4-star hotel will have a total of 6 floors (2 underground and 4 above ground), with 80 rooms, restaurants, conference hall and swimming pool. Considering local laws on

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Energy independence through renewable energy

18.10.2021 -

JSC Graali-92 has been successfully operating in the industrial and civil metal construction market in Georgia since 1936. The company designs, produces, delivers and installs metal structures, such as bridges, building frames, industrial rooftops and various types of masts. JSC Graali-92 operates throughout the Caucasus region.  The company prides itself on the quality of its

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Solar energy put to a great use

27.06.2021 -

Mego.ge LLC is an online supermarket established in 2019 and based in Kutaisi, Georgia. It sells products typically found in any supermarket: groceries, beverages, baked goods, etc. Thanks to its delivery service, all products sold on the website and through the app can be delivered to the customer’s door anywhere in Kutaisi. After a recent

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Clean and peaceful living

21.05.2021 -

Lisi Green Town is a large-scale residential development in Tbilisi which includes apartments, townhouses and detached houses with parks, pools and a gym. It is one of the first developments in the city to incorporate green measures both inside and outside of the living areas. Rainwater collectors, electric car chargers, over 40,000 trees planted and

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Preparing for future challenges of climate change

21.05.2021 -

Founded in 2011, Agro Grain LLC is a Georgian company that owns farmlands around Sartichala, about 45 km east of Tbilisi. The main activity of the company is grain cultivation and the sale of crops to domestic and foreign markets. The company owns and operates several plots of land. Since starting operations they have used

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Healthy work environment

29.01.2021 -

Vake Hill Ltd, which has been operating in Tbilisi since 2009, decided to construct a multifunctional building of about 9,000 m2  dedicated to offices, restaurants and a spacious car parking area (the latter been an issue in the city). With rising demand for high-class office spaces in Tbilisi, the company wanted to ensure that future

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Building a better future

22.12.2020 -

Angelteri, a young up-and-coming company, is determined to contribute to the development of the tourism industry in Zugdidi by building an energy-efficient hotel. From the start of the project, the company paid close attention to the topic of sustainability. The hotel’s management aims for their operations to have as little impact on the environment as

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Metal processor invests in furnace to upgrade production

25.09.2020 -

AMB Alloys Ltd, located in the industrial city of Rustavi, is a producer and supplier of various types of ferroalloys. Due to the high demand for silicomanganese, ferromanganese, ferrosilicon and other ferroalloys in nearby countries, the founding partners of AMB Alloys decided to build a ferroalloy plant. The project required a large investment, however the

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Road to energy efficiency in Georgia

23.04.2020 -

A Georgian construction company, Lagodekhautogza Ltd, upgraded its production machines to new energy efficient ones and doubled its production capacity. Set up in 2000, Lagodekhautogza is a construction company that specialises in road construction and production of cement-concrete and asphalt-concrete. In 2020, the company wanted to increase its asphalt-concrete production capacity, however it faced a

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Local supplier helps customers make greener choices

17.02.2020 -

JSC Terma is a leading supplier of heating, cooling and ventilation systems that has been operating in Georgia since 1998. Throughout the company’s history, it has successfully collaborated with world producers to bring high-quality products to the Georgian market. In efforts to extend its energy-efficient product line, JSC Terma decided to approach a GEFF partner

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Shopping for energy savings

16.08.2018 -

IG Development Georgia was established in 2010. The company owns a number of shopping centres, including Gldani City Mall, which was completed in 2016. When designing the shopping mall, the company wanted to reduce energy costs by using energy-efficient technologies. The management decided to apply for GEFF financing. GEFF consultants conducted an energy audit and

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Energy-efficient buildings mean comfort

16.06.2018 -

Established in 2006, Archi is one of the leading Georgian development companies. Initially, the company focused on investment activities; however, since September 2008 it has also been engaged in development. To date, the company’s projects include 22 completed and 18 projects under construction in Tbilisi and one completed residential estate in Batumi. To keep up

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Tasty food with energy-efficient production

16.05.2018 -

Liderfood was founded in 2008 and was initially located in an old building rented by the company. In 2016, the management decided to renovate and rebrand the company, which meant investing in a new energy-efficient building and production line. Liderfood turned to the EBRD’s GEFF programme and received an extensive report prepared by project consultants,

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Healthy energy saving

16.04.2018 -

Established in 2015, Innova Medical Center is a multi-profile clinic in Tbilisi. It offers a comfortable environment for its clients and provides highly professional services. At the start of their journey, the management chose an industrial building which fully met their requirements and drew up plans for their future clinic. The company wanted to upgrade

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Georgian Museum hotel: home for history and energy efficiency

09.04.2018 -

Located in the heart of Tbilisi, this unique historic relic was reconstructed to make home to a Museum hotel. A former Maiko Orbeliani palace now hosts many guests of the country each year. Since the beginning, the management of the hotel developed a building reconstruction plan that revolved around the concept of energy efficiency. They

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Supporting energy efficient wine production in Georgia

27.03.2018 -

Established in 2014, Georgian Vine and Wine Group LLC is one of the largest wine producers in Georgia. It makes high quality Georgian wines, processing 2,000 tons of grapes and producing around 1.4 million bottles of wine annually. The company was looking to make its production more energy efficient. As the director of the company,

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Renewable energy means a clean environment

16.03.2018 -

As a country with a proud history of regaining independence, it is vital that Georgia use every opportunity to maintain it. One such opportunity is generating its own energy. Shilda HPP is a hydropower plant that greatly contributes to energy independence. While building the Shilda plant, one of the major concerns was the impact on

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Participating bank in Georgia implements sustainable energy solutions at own premises

08.02.2016 -

JSC Bank Republic, established in 1991 (now TBC Bank), a socially responsible bank following the highest business standards always paid special attention to social and environmental standards, employee rights, safe and comfortable working conditions. Having joined the EBRD’s Energocredit facility, the participating financial institution (PFI) decided to start implementing the sustainable energy solutions, first at

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Outstanding electricity savings in Georgian deep freeze production

15.12.2015 -

In the port city Poti at the Black Sea coast of Georgia, the service and food industry are the most important sectors of the economy. Here, a successful Georgian refrigeration company constructed a cold storage facility in 2012. To further boost the own performance, the company planned a new deep freeze facility and addressed the

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Georgian clinic increases comfort with thermal insulation

12.06.2015 -

The clinic, established in the 1990s in an old hospital near the centre of Tbilisi, had the capacity of 30 beds and offered mainly services within cosmetic surgery and general pathology. The infrastructure of the building was very poor consisting of bad lighting, no ventilation, no gas supply, no thermal insulation, partial heating with electric elements

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Increased reliability of cement production with lower energy costs, Georgia

15.04.2015 -

One of the leading cement plants in Georgia suffered from outdated equipment and energy comprised a large share of production costs. The plant decided to invest in the modernisation of its production process and reduction of energy consumption to maintain the best production practices and stay competitive on the market. The company addressed the Facility for a loan

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