The biggest company

– the biggest responsibility

GIG Group is a holding company like any other. While the number of organizations around the world boasts sensational performance in various areas of business, just like the Georgian company, none bears such responsibility for the country’s economy. This is due to historical conditions. For many countries, the collapse of the Soviet Union in the late 80s and 90s of the twentieth century was a huge shock. The last decade of the past century has passed in Georgia under the sign of the bankruptcy of many companies, especially in the field of heavy industry, a giant increase in unemployment, and the political, economic and social abyss. Georgian Industrial Group Ltd. was established in 2006, primarily to rebuild the industrial potential of the country. While the holding company is relatively young, manages a number of subsidiary companies, which are active in many areas of the Georgian industry. An active investment strategy brings great effects, so that the industry, especially heavy, begins to play a very important role in the economy of Georgia, but also in the entire region. This would not be possible without a group of visionaries, who began work on the revitalization of the Georgian economy already in the early 90s, and today, enriched with over 20 years of experience, continue to pursue their mission with passion and dedication, now under the banner of GIG Group. Consistently implemented development plan, involving support of the various sectors of the economy of Georgia has brought tangible results. Georgian Industrial Group Ltd. is today one of the key organizations for the development of the whole country. The holding company employs about 4,500 Employees in daughter-companies throughout Georgia. Today, Georgian Industrial Group Holding is the largest industrial holding in Georgia with a wide business portfolio including coal mining, energy generation, natural gas retail, real estate and a whole range of other sectors. The country gains on the holding’s business activities; it is thanks to GIG Group, Georgia is able to maintain an impressive GDP growth rate, despite global financial crisis. The scale and scope of the business activity of the company is amazing. It is important to analyze the key areas of GIG Group’s interest to understand, so we could understand the secret of success of the organization.

Objective? Perfection in every detail!

In order to realize what a great enterprise a Georgian Industrial Group Holding is, we need to be aware of the range of activities of its subsidiaries. The organization is working hard on the development of most sectors of the domestic industry, from the production of electricity, coal mining, to the construction of housing, investment in infrastructure, and even production of excellent beer and lemonade! To effectively manage such diverse conglomerate, one must meet a number of conditions: a responsible HR policy, right investment decisions, pursue the correct development plan… not to mention providing appropriate technological support and implement effective solutions in logistics, manufacturing, control, etc. Contemporary, modern company cannot forget the issues, key to the perception and value of the company – Corporate Social Responsibility and green policy. We can see that the tasks of the company’s authorities are not easy. Yet, the holding consistently over the years accomplishes its mission to become one of the most important companies in Georgia, strengthen the competitive position in the region and win the recognition and trust of the company’s business partners and subsidiaries. To understand the secret of the success of Georgian Industrial Group Holding, we have interviewed Mrs. Natia Turnava - Head of the Board of Directors of Georgian International Energy Corporation, one of the subsidiaries of Georgian Industrial Group Ltd.

The future belongs to the bold!

The most important element of any enterprise, regardless of the industry and the scale of activity, are its Employees. The entities comprising the holding employ about 4,500 Employees. How looks the company’s HR policy? “Holding practices individual approach to each employee to discover possible potential in the very beginning and invest in them accordingly. We offer to our prospective team members a sound career development and high-quality financial and social benefits: above industry average salary, scholarship plan abroad, safe and respective working environment, one of the best medical insurance, frequent corporate events, etc.” – explains Mrs. Turnava. GIG Group is a highly attractive employer, and subsidiary companies, such as Saqnakhshiri GIG Group working in the mining industry, spend millions of dollars for the implementation of strict safety standards and equipment Improving. The giant investment projects, such as the largest coal mine in Georgia - Coal Fired Power Plant, worth approximately 100 million dollars, create jobs and the holding itself expands its huge technological potential and production capacity, optimizes modern management procedures and shapes Georgia’s competitive position. The position and the importance of Georgian Industrial Group Holding are unique. Therefore, Mrs. Turnava, asked about the things that the company’s authorities are the most proud of, says: “We are proud of being meaningful and largest industrial holding in Georgia and proud that every single person within the group acts in a way clearly perceiving what mission we carry out to transform to essential for Georgia’s and regional long-term industrial prosperity.” The scope of the company’s responsibility is enormous for the observers outside GIG Group. Still, holding’s managers strive to maintain the beauty of the environment in the South Caucasus. “Our efforts to improve environmental performance are broadly reflected in overall strategies, as well as in activities on operational level. We focus on ecologically viable alternatives on considering investments in any kind of projects starting from modification and improvement of existing facilities to construction of new plants. Wind project completion by GIEC, subsidiary to GIG Holding will result in additional step forward to country’s clean energy generation with low impact on local wildlife. On operational level the companies within group are shifting focus on developing voluntary techniques to optimize efficiency and industrial pollution control at existing facilities” – explains Mrs. Turnava. Modern, characterized by a high level of business acumen, affecting the future of the whole region and the performance of the economies of several countries: these are the features of Georgian Industrial Group Holding, based in Tbilisi. The future belongs to the bold, dynamic companies, such as the Georgia’s Tiger…

Written by Jacek Głowacki