Atlantic Georgia plans to increase number of employees
By Nika Gamtsemlidze
Monday, June 1
The Minister of Economy and Sustainable Development of Georgia visited Atlantic Georgia, Atlantic Georgia is a manufacturer of electric domestic appliances, in Kutaisi. Natia Turnava inspected the ongoing process in the enterprise and got acquainted with its plans for the future.
According to her, “while we are already managing the spread of the Coronavirus epidemic and the economy is slowly opening up, we are paying special attention to enterprises that are primarily established by foreign investors and are planning to expand.”
Atlantic Georgia, which has been operating in the Kutaisi Free Industrial Zone since 2017, is a subsidiary of the French international group Groupe Atlantic. Groupe Atlantic operates in 73 countries around the world, in Georgia it produces all kinds of export products - water heaters.
The invested capital in 2017 amounted to GEL 47,113,020, and in 2018 - GEL 26,227,437. The company employs about 140 people in Georgia, and after the expansion, the number of employees will increase even more.
“It is important that despite the global crisis, the company plans to expand, and if today they employ up to 140 people, in a few months, after the expansion, they will employ more than 200 of our citizens - they have very good, attractive conditions and salaries. Our Ministry, through the Produce in Georgia program, is helping them to solve all the technical problems and issues that exist as soon as possible and to expand the enterprise soon,” noted Turnava.
The company plans to increase the production of water heaters in the future, as well as start new large-scale projects: the production of steatite (heating element), the manufacture of convectors (radiators) and cooperation with Bosch. In order to implement these projects, the company will make additional investments, and the number of employees will increase by 50 new staff.
“It is important that despite the global crisis, pandemic and challenge, the company's plans have not changed and, on the contrary, they are thinking more about expanding production, and employing more people. Therefore, we will always have strong support,” added the minister.
