LTD Demetre & Company was founded in October 2015 and owns a 34,494 m2 land plot in Akhaltsikhe, Georgia. With the investment the company build a state-of-the-art production facility for building materials comprising a Mobile Concrete Batching Plant, a Stationary Production Line, an Excavator (Volvo EC350DL), a JCB Excavator/Loader, a Hydraulic Hammer, a Hyundai Forklift Loader and a Mobile Impact Crusher. The new plant is fully aligned with the EU requirements and the ISO Standard.
The investment was carried out via EU4Business-EBRD Credit line and as per the credit line terms, apart from substantial loan amount, the company received free-of-charge technical support from the team of international experts
After the successful project verification LTD Demetre & Company received 15% of the loan amount as a grant cashback, funded under the EU4Business initiative of the European Union.
With the investment, the company now meets a wide variety of European standards, including: