We are one of Georgia’s largest and most well-established companies, employing over 5,000 people and operating across four main sectors: real estate, telecommunications, energy and transportation. SRG is more than an investment group; at our core we are committed to leveraging Georgia’s unique position as the crossroads between East and West to make the country a modern economic and cultural success story.
SRG is at the heart of Georgia’s transformation into an exciting and increasingly heralded travel destination. Through our hospitality assets, we are playing a leading role in the country’s tourism sector and are committed to creating world class destinations. Our assets include several award-winning hotels such as the Radisson Blu and Radisson Collection developments. We are developing a major real estate project in the city of Batumi, known as the “Batumi Riviera” project, which will boost tourism and further economic development for the city and the region.
SRG’s telecommunications business, Silknet, offers fixed telephony, internet service provision and cable television, as well as fixed and mobile CDMA services. In January 2018, Silknet purchased Geocell, Georgia’s largest mobile phone network with 2 million customers. This was the largest corporate acquisition in Georgia’s history, and cemented Silknet’s position as Georgia’s leading telecommunications and mobile network provider.
In the energy sector Georgia’s power grid benefits from Silk Road Energy’s hydroelectric power plants across the country, while our transportation business line provides vital transhipment services across Central Asia and the Caucasus, for both liquid and dry cargoes.
Furthermore, we have honed our financial services expertise through Silk Road Bank. Our media and IT division incorporates the Georgian franchise of National Geographic, which we launched in 2012, and Qarva, an innovative software provider for the television industry.
Of course, our commitment to Georgia does not end at economic prosperity. I am privileged to lead a Group committed to supporting charitable, sporting, and cultural initiatives throughout the country – whether that is aiding wounded servicemen and women, helping the Georgian Ski Federation achieve success, creating new international tourist and cultural destinations, as well as new opportunities for young musicians to shine through the Tsinandali Festival.
Georgia is recognised internationally as a great place to do business, with the World Bank ranking the country sixth globally in its ‘Ease of Doing Business Index’. SRG is committed to furthering Georgia’s economic prosperity, having invested nearly $1 billion in the country over the last decade.
We look forward to continuing to engage with our international partners and investors as we develop new best in class services for our customers.
Chairman, Silk Road Group
The Silk Road Group is one of the leading private investment groups active in the Caucasus and Central Asian regions operating across various sectors of the Georgian economy, including transportation, technology, trading, media & IT, energy, real estate, retail, hospitality & entertainment, telecommunications, and banking.
The Silk Road Group was established in Georgia in the early 1990s following the collapse of the Soviet Union. Since its inception, the Silk Road Group has enjoyed steady growth by revitalizing traditional trade routes, which had been neglected for decades. SRG’s focus on meeting the needs of a multinational client base has allowed it to grow into a global organization. SRG has client service professionals in Asia, Europe, and North America.
The company started its business activities with transportation and trading of commodities in the Central Asian and Caucasus regions and has established itself as a leader in the rail transportation of liquid and dry cargoes.
As structural and tax reforms gained momentum in Georgia in 2004, SRG started to expand its business into various industries, such as Infrastructure, Real Estate, Banking, Trade, Telecommunications, and Energy. Jointly with its partners, SRG has facilitated investments of around USD 500 million into the Georgian economy over the last ten years.