New company provides high quality roads in Georgia

Loan Amount

€ 1,011,753

Grant amount

€ 151,763

Invested in

Road building equipment

EU Directives met

EU standards for general safety of motor vehicles and machinery

Primary Energy Savings:


GHG Savings:


Energy Saving Ratio:

3,555 MWh/year


991 t CO2/year




IBIS Hotel Tbilisi is located in the very heart of Tbilisi and was stylishly designed and built to satisfy the standards of those who look for the best. The comprehensive project included construction works and the installation of building technologies that meet the EU standards for energy efficiency in buildings. In addition investments were made into hotel equipment for guest rooms and kitchens, aligning these important hospitality areas with EU standards for health and safety as well as food safety. The project as a whole surpasses the part of the investment financed through the EU4Business-EBRD Credit Line. The investments financed through other means include furniture and decorations, which position the IBIS hotel amongst the top destinations in Tbilisi.

In the specification of building measures and technical equipment installed, the hotel’s management received free-of-charge technical advice from the team of international experts, who support the implementation of the EU4Business-EBRD Credit Line.

After successfully completing the project verification process the company received 15% of the loan amount as a cash-back grant, which is funded under the EU4Business initiative of the European Union.

With the investment, the company now meets a wide variety of European standards, including:

    • Regulation (EC) N. 661/2009 of the European Parliament and of the Council concerning type- approval requirements for the general safety of motor vehicles, their trailers and systems, components and separate technical units intended therefore
    • Directive 2006/42/EC on machinery, and amending Directive 95/16/EC