Bidzina Ivanishvili transfers 26 entities to Cartu Charity Foundation

Bidzina Ivanishvili, former chairman of the Georgian Dream-Democratic Georgia party, has transferred a total of 26 entities to the Cartu Charity Foundation and 2 others are now being re-registered. The Georgian Service of Entrepreneur reports.

In particular, the entities transferred to the Cartu Fund include the Paragraph Hotel, Tbilisi City Ltd., Business Center, Tabori Resorts, as well as Cartu Bank, Elita Burji Ltd., Laguna Vere area.

According to the Entrepreneur, the list of entities is as follows:

  1. Tbilisi City Ltd
  2. Sololaki Rise Ltd (Project Sololaki)
  3. Sololaki Hill Ltd.
  4. Tabori Resorts Ltd (Tabori, Golf)
  5. Georgian Eco Transport Ltd
  6. Business Development Ltd
  7. Business Development Ltd (Green Cape)
  8. Business Development Ltd (Tsikhisdziri)
  9. Seaside Ltd (Chakvi)
  10. Black Resorts Ltd (Shekvetili Hotel Paragraph)
  11. Black Sea Riviera Ltd (Ganmukhuri/Anaklia)
  12. Tsisartkela Ltd (51% of shares, Abastumani)
  13. Business Center Ltd
  14. Cartu Group Tbilisi, 300 Aragveli Street
  15. Cartu Group Tbilisi, 39a Ilia Chavchavadze Ave
  16. Cartu Group Tbilisi, near Kakheti Highway
  17. Cartu Group Tbilisi, near Tskhvedadze Street
  18. Burji Ltd
  19. Elita Burji Ltd and Isani Cartu territory
  20. Elita Burji Ltd
  21. JSC Laguna Vere Territory and 69 Kostava Ltd
  22. Sea View Resort Ltd
  23. JSC Bolnisi Tuff
  24. Land plots of JSC Didveli
  25. JSC Cartu Bank
  26. JSC Insurance Company Cartu

According to the outlet, the transfer is in progress in relation to:

  1. Bakuriani Complex
  2. Hotel in Sighnaghi - (70% of the share)

Ambassador of Korea Hyon Du KIM - Korea’s strength lies in high-tech manufacturing while Georgia’s strength is in logistics and service areas - Georgia should not be just considered as a single market but as a market that can encompass the region and beyond
Oleksii Reznikov - Russia, in reality, is a paper tiger