EUGBC

News

 

On February 20, Czech Ambassador, H.E. Petr Kubernát hosted the EU-Georgia Business Council members and partners, upon the initiative of the EUGBC.

At the meeting, the parties discussed the possibilities of deepening the bilateral trade and economic relations between Georgia and the Czech Republic, including in the context of granting EU Candidate Status to Georgia.


 

On January 25, 2024, the EU – Georgia Business Council (EUGBC) organized a visit to JSC Sarajishvili for the members of the Council and representatives of the diplomatic corps accredited in Georgia.

 

 

 

 

 

 

 

The guests had the opportunity to visit the “Sarajishvili” factory, to get acquainted with the history and technology of the production of the Georgian wine brandy.

We would like to express our special thanks to Mr. Zurab Bubuteishvili, Director General of our member company – “Sarajishvili” and his team for their hospitality.

We would also like to thank our representative to the Benelux countries, the founder of TSV Holding, Ms. Tika Svanidze – Vancko, for the TSV Winery wines.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

Dentons is happy to announce that Sopho Mebonia has been promoted to Senior Associate in our Tbilisi office.

Sopho Mebonia is with the firm since 2015. Her practice focuses on project finance, and she has experience in assisting both lenders and borrowers in debt and equity transactions.

Sopho acts for international financial institutions, private commercial lenders, project sponsors in a various sectors and she has significant experience in advising on all aspects of lending. Additionally, she actively participates in the significant capital markets transactions of the firm, with a specific focus on financial, energy and telecommunications regulatory matters.

Recently, she assisted EBRD on various financing transactions, involving both senior and subordinated loans with different Georgian banks as borrowers, Austrian Georgian Development on the issue of US$15 million secured bonds listed on the Georgian Stock Exchange, EBRD and Swedfund on US$50 million Additional Tier 1 (AT1) capital loan to the Bank of Georgia, TBC Bank on the transaction with DFC involving the guarantee of loan portfolio, and FMO in providing a loan portfolio guarantee to Terabank, marking the initiation of the NASIRA guarantee program in Georgia.

“Sopho is a valuable member of our Tbilisi team. Having an excellent reputation among colleagues and clients, she has a promising future. This is a well-deserved promotion.” – said Otar Kipshidze, Managing Partner.

 

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We would like to announce that LTD “Golden Tower”, a construction-developer company and a core member of EU-Georgia Business Council, is rapidly progressing in the Georgian market.

The company has commenced multiple important projects in both the Eastern and Western territories of Georgia. These projects will facilitate the process of reaching the final goal: the development of business in Georgia, the creation of employment opportunities and the betterment of the country’s economy.
“Golden Tower” actively collaborates with the Georgian government.

Additionally, we would like to inform you that within the government-initiated project, “Tskaltubo New Life”, “Golden Tower” made a direct purchase of the “Tskaltubo” sanatorium from the government.

“Golden Tower” has taken up a responsibility towards Georgia and its citizens to establish and facilitate the development of a beautiful balneological resort.

Our company studied the history of the “unique resort” of Tskaltubo and, with the given information as well as by taking into consideration the existing legal and political stability levels in Georgia, LTD “Golden Tower” made the decision to participate in this historical undertaking.

Within the given initiative and the “Tskaltubo New Life” project, our company was offered collaboration by “Zaha Hadid Architects”, an internationally renowned architectural company, whose founder was the world-famous Iraqi architect, Zaha Hadid. There are currently ongoing negotiations with the above-mentioned company regarding the construction and development of the region.

I believe that “Golden Tower”, with its future steps will also facilitate the development of other, remaining projects within the “Tskaltubo New Life” initiative.

“Golden Tower” is also ready to participate in the development of other regions of Georgia, because the company’s priority is not only the establishment of a private business, but that of becoming pioneering participants of the historical development of Georgia as the most beautiful and rapidly developing country.

Member of the Qatar Royal Family, Sheikh Nayef Eid M.T. Al-Thani

“Golden Tower Qatar” CEO:
Said Mohamed Salah Abdelrahman Ahmed

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