Hotel Network Mgzavrebi Has Joined Business Association of Georgia

12 Nov '15

Hotel Network Mgzavrebi has joined Business Association of Georgia.
Ltd. Hotel Network Mgzavrebi (passangers) was founded in 2008, the company's business activities are construction of hotel complexes in the resorts of Georgia, selling hotel apartments, and hotel management. Currently company has built 8 hotel-buildings in Bakuriani, 3 buildings in Gonio and 1 building in Batumi - in total 600 hotel-style apartments. Currently, new hotels are being built in Gudauri (160 rooms), Bakuriani (70 rooms) and Gonio (50 rooms). At this moment the company has attracted and made investment of approximately 50 million laris. The company's annual turnover is about GEL 10 million, while the company's assets amount to GEL 20 million.
The company also owns subsidiaries (in the village Gldanula and Kutaisi). The main direction of the companies are manufacturing of woven furniture and wood furniture.