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Private company

Georgian Industrial Group

Logo: https://gig.ge, Non-free logo, via Wikipedia3

Holding company in Georgia founded in 20061

GIG Holding (Georgian: ჯიაიჯი ჰოლდინგი) is a Georgian multi-industry holding company with diversified operations in energy (thermal and renewable energy), logistics and transport, machinery manufacturing, agriculture, pharmaceutical production, healthcare and insurance, cement production, real estate, and education. Headquartered in Tbilisi, Georgia, the company has played a notable role in the country’s economic development and expanded its presence across the wider region.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2006Founded1
  • HeadquartersTbilisi1
  • Websitewww.gig.ge
  • Legal formlimited liability company in Georgia1

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GIG Holding (Georgian: ჯიაიჯი ჰოლდინგი) is a Georgian multi-industry holding company with diversified operations in energy (thermal and renewable energy), logistics and transport, machinery manufacturing, agriculture, pharmaceutical production, healthcare and insurance, cement production, real estate, and education.2

Corporate structure

Georgian Industrial Group sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Georgian Industrial Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

GIG Holding was established in 1994 by David Bezhuashvili. Initially focused on acquiring and consolidating industrial assets, the company expanded into the cement acquiring the Rustavi and Kaspi cement plants. The company later bought the Tbilisi Thermal Power Plant and entered the natural gas market through ownership of the Georgian International Energy Corporation.

In the early 2000s, the company formalized its structure as GIG Holding to manage its growing portfolio.

Domestically, it strengthened its healthcare network with 25 regional clinics and continued real estate development projects. GIG Holding entered new renewable energy ventures in Georgia (including hydropower, wind and solar projects), and expanded its work in agribusiness and higher education. The company continues to manage Georgia’s largest cement operations and remains active in regional electricity trade.

GIG Holding has launched several major projects internationally as well. The company began operating the Kherson Sea Port in Ukraine.

From Wikipedia’s article on GIG Holding, shared under CC BY-SA 4.0.4

Products and brands

GIG Holding’s operations span a broad range of sectors:

Energy – The holding owns and operates thermal and hydroelectric power plants that supply electricity to domestic and regional markets. It is also involved in energy trading and distribution.

Real estate – Through its real estate arm, the company develops commercial and residential properties.

Insurance – GIG owns one of Georgia’s leading insurance companies, offering life, health, and property coverage.

Read the full text

Healthcare – GIG Holding operates 25 regional clinics and hospitals in Georgia, providing inpatient and outpatient services across five regions.

Education – GIG Holding owns a premium private international school and holds shares in universities in Georgia, Ukraine, and Uzbekistan in partnership with Arizona State University (United States).

Pharmacy – Holding operates a pharmaceutical company in Ukraine, specializing in the production of insulin and heparin.

Agricultural and special-purpose equipment – GIG Holding owns agricultural equipment manufacturing companies in Kazakhstan. These companies are market leaders in the production and sales of tractors, combines and other specialized machinery.

Infrastructure – In 2020, GIG Holding won an open tenderin partnership with a Ukrainian company, won a concession to operate the Kherson Sea Port.

Industrial production – Within Georgia, the company produces materials used in railway, infrastructure, construction, and furniture manufacturing. In cooperation with other firms, GIG operates the country’s only clinker plant and its largest cement production facility.

From Wikipedia’s article on GIG Holding, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. 2006Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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