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Operates in Power & Utilities — Services. Per the activity note to the FY2024 annual report, the company imports generators, provides installation and maintenance services, manufactures transformers and electrical transmission equipment.
Subsidiary of Tsitsko Holding (66.0%)
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| 1,377 | 2,238 | 798 | -23.9% | |
| 0 | 0 | 1,566 | ||
| TOTAL ASSETS | 1,377 | 2,238 | 2,364 | +31.0% |
| 891 | 1,422 | 1,681 | +37.4% | |
| Total Non-Current Liabilities | 12 | 146 | 172 | +271.1% |
| TOTAL LIABILITIES | 903 | 1,568 | 1,853 | +43.2% |
| Total Equity | 474 | 670 | 512 | +3.9% |
| Balance Check (Assets - L&E) | 0 | 0 | 0 | |
| Debt analysis | ||||
| Total Debt | 331 | 644 | 886 | +63.7% |
| Cash & Equivalents | 387 | 162 | 27 | -73.4% |
| Net Debt | 57 | 482 | 858 | nmf |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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