home / Investment Portfolio / Other Subsidiaries Other Subsidiaries Besides power generation and coal mining, Georgian Industrial Group Holding focuses its investments on a number of sectors, where value can be added. Yet these industries are: Real Estate Automotive Beverages Cement Some companies within above mentioned areas have the opportunity to provide a solid foundation for continued growth and position themselves strong enough to bring a sound voice for Holding’s in its portfolio by strategic meaning. Consolidated financial highlights of other GIG subsidiaries as year ended 2011: Total Revenue - 52 million GEL Total assets - 105 million GEL EBITDA - 10 million GEL Tiflis City Ltd Established as the real estate management company of the Georgian Industrial Group, Tiflis City has demonstrated accomplishments of several interesting and successful projects during its short history. Among company’s business destinations are: Business Centers, Retail Areas, Hotels, Residential Projects, Warehouses, Refrigerators warehouses and many others. It is strategically important for the company to develop each of the above mentioned fields of real estate business. Tiflis City is also engaged in property management and obtains appropriate experience and skills in this field as well. KAMP (Kutaisi Auto-Mechanical Plant) Ltd Established in 1945, after years of inaction, company was incorporated by Georgian Industrial Group in 2006. Since then, company established strong business relationship with local leading companies, as well as authoritative overseas companies like German CLAAS, Swedish SKF, Italian Fantuci and Firi, Czech TATRA and ZETOR etc. Today the factory produces a range of Automobile industry parts. Georgian Beer Company JSC Established in June 2011, company is the beer manufacturing plant in the Saguramo area, where 20% of equity belongs to GIG. JSC “Georgian Beer Company” penetrated the market with one distinct brand, “ZEDAZENI” starting from 2012. Newly established brewery produces PET, CAN and Glass Bottled beer for retail sales, as well as KEG beer for Horeca. Company also produces various types of high quality lemonade. HeidelbergCement Georgia LTD “HeidelbergCement Georgia” operates three cement plants in the Kaspi and Rustavi Regions, with its leading position in the Georgian cement market. GIG Holding manages 25% of company's shares. At a local level, HeidelbergCement Georgia is a leading Brand in the Georgian cement market. Company meets European standards in the field of management and production activities. HeidelbergCement Georgia employs more than 1100 people in its companies.