BUSINESS
GEORGIA TODAY JUNE 18 - 24, 2021
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Significant Contribution to Development of Georgian Economy: Carrefour Named among 10 Largest Investors
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arrefour, owned and operated by Majid Al Futtaim in Georgia, has been named one of the ten largest investors in Georgia, due to the rapid physical and digital development of the brand. Carrefour has created employment opportunities for the local population, supported local producers and suppliers, and conducted a variety of charitable and environmental initiatives. The National Statistics Office listed Majid Al Futtaim as one of the top ten largest companies to invest in Georgia, along with the likes of IDS Borjomi Georgia, Tbilisi Energy Ltd, JSC Energopro Georgia, JSC Corporation Poti Seaport, Toyota Caucasus Ltd, Adjara Energy Ltd-2007, CBD Development Ltd, SC Georgian Healthcare Group and JSC BGEO Group. These companies were the largest investors in the country during the first quarter of this year. According to Geostat, the contribution of foreign investors, such as Majid Al Futtaim, has become vital to the development and progress of the country's economy. Carrefour's name among the country's largest investors was largely due to the brand's impressive contribution to the development of the Georgian economy and modern trade. Since its establishment, the brand has brought a completely new, unbeatable trading experience to the country. The brand's active investment efforts are also reflected quantitatively. After entering the country, Carrefour has invested about $150 million and plans to invest another $120 million over the next 2-3 years. Carrefour currently employs 2,500 people in Georgia and plans to hire another 1,200 employees over the next 2-3 years, which will bring more benefits to suppliers, farmers, and consequently strengthen Georgia’s agricultural sector. Over the years, the brand has strengthened and developed relationships with many suppliers through its activities. After entering the Georgian market, Car-
refour worked with more than 800 suppliers, assisted Georgian farmers, and contributed to the development of agriculture. 60% of its business comes from
Georgian farmers. As a responsible, long-term investor, protecting customers’ purchasing power is one of Carrefour’s fundamental values.
The brand’s unrelenting work to improve the economy, increase employment rates, help the vulnerable across the country and care for the environment is reflected
in the above data and economic analysis, as well as in the unwavering consumer confidence and high reputation of the Carrefour network.
Efes Georgia Implements Campaign to Support Gender Equality
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am delighted to be a member of the Anadolu Efes team, which follows the UN 5th Sustainable Development Goal - Gender Equality! - said Anadolu Efes team members from all over the world, kicking off a challenge campaign in internal social media. In the frames of the campaign, which aimed to raise awareness of gender equality challenges, Efes Georgia also supported local women’s NGOs: ‘For a Better Future’ and the ‘Mtskheta-Mtianeti Committee of the National Network for Protection from Violence,’ both of which successfully work on the development and empowerment of women in Mtskheta Municipality. Efes Georgia assisted these organizations in setting up a day center, and purchasing essential inventory and equipment. The company also helped Ikorta, a cloisonne enamel workshop, a subsidiary of ’For a Better Future,’ in the acquisition of items and materials to further
Efes Georgia Celebrates World Environment Day
T expand the work and increase its diversity of products. Efes Georgia is a member of the UN Global Compact, the largest corporate
sustainability initiative in the world, which promotes a sustainable and inclusive global economy for its people, society and market.
o celebrate World Environment Day, Efes Georgia, with the partnership of the local NGO: The Union for Sustainable Development – EcoVision, organized a tree planting event in the yard of the brewery. Efes Georgia employees participated in the event and planted different types of trees suitable for the territory. The trees were selected in
consultation with Ecovision. The planting process was led by the representatives of the NGO. Efes Georgia actively works to achieve the following sustainable development goals to protect the environment: 6th goal – Clean water and sanitation 7th goal – Affordable and clean energy 12th goal – Responsible consumption and production 13th goal – Climate Action
