Georgian Olive #46017
Created at
2024-09-09
Last update
2024-09-13
5 Parents (Involvements as child)
ID
Name
Georgian Olive Corporation LLC
Country of registration/origin
Georgia
Classification
Private company
Relationship
Parent company
Parent relation
Subsidiary of parent company
ID
Name
Georgian Olive LLC
Country of registration/origin
Georgia
Classification
Private company
Relationship
Parent company
Parent relation
Subsidiary of parent company
ID
Name
Geolive LLC
Country of registration/origin
Georgia
Classification
Private company
Relationship
Parent company
Parent relation
Subsidiary of parent company
ID
Name
Agriculture Projects Management Agency
Country of registration/origin
Georgia
Classification
State-/government (owned) company
Relationship
Tertiary investor/lender
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Loan amount
345 800
$
Comment
The olive processing factory in Sakobo village was built in cooperation with the Agriculture Projects Management Agency under governmental programme "Co-financing of processing and storage enterprises". The total project cost was GEL 5 million (around USD 2 million), while co-financing was USD 345 800.
ID
Name
EBRD (European Bank of Reconstruction and Development)
Country of registration/origin
United Kingdom of Great Britain and Northern Ireland
Classification
Other
Relationship
Tertiary investor/lender
Parent relation
Subsidiary of parent company
Comment
European Union (EU) and the European Bank for Reconstruction and Development (EBRD), under EU4Business-EBRD Credit Line and through its partner financial institutions TBC Bank funded the purchase of modern, efficient agricultural machinery.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Georgia
Current intention of investment
Food crops
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
1 500 ha