GIRTEKA's Investment in Georgia: A Boost to the Economy and Job Market
GIRTEKA, one of the largest logistics companies in Europe, has announced its plans to invest €1 million in Georgia over the next three years. As part of the "Make in Georgia" state program's Foreign Projects Promotion Mechanism, the company aims to create 400 new jobs in sectors with high added value, contributing to the strengthening of the country's economy.
Under the program, international companies investing in Georgia can receive up to 15% cashback for implementing export-oriented business services activities, among other sectors. GIRTEKA is the second beneficiary of the program and will return 15% of the invested amount as a grant.
The company chose Georgia due to the country's qualified workforce and ease of doing business, and had actively collaborated with the Invest in Georgia team of the "Make in Georgia" agency to study the potential of the country. GIRTEKA had opened a Global Services Office (GBS) in Tbilisi last year and currently employs 65 people in Georgia. The company plans to increase its workforce to 200 by the end of this year.
GIRTEKA's investment in Georgia is expected to have a positive impact on the job market and economy of the country. The company, with its 23,500 employees globally and 9,200 ground trucks that make 800,000 flights annually in Europe, Scandinavia, and the CIS countries, is set to make a significant contribution to Georgia's logistics industry.
The "Make in Georgia" state program's Foreign Projects Promotion Mechanism is aimed at encouraging potential and existing investors to make new and additional investments in Georgia. The program's focus is on sectors with high added value, ensuring the creation of new jobs and boosting the economy.
GIRTEKA's investment in Georgia is a testament to the country's potential as an investment destination, particularly for international companies seeking a qualified workforce and ease of doing business. With the company's commitment to job creation and economic growth, the investment is a boost to the country's development and a step towards a brighter future.