The beneficial owner

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In fact, the owner of 50% of the shares of "Voltbay" is a Georgian citizen, Khvicha Makatsaria, and the other 50% is a citizen of Azerbaijan, Nasib Hasanov. In particular, the owner of the second 50% of the company's shares is the company Weco investment and Finance SA, which is registered in the British Virgin Islands. In turn, the owner of 100% of Weco Investment and Finance SA is HARRIMAN HOLDINGS LLC, which is also registered in the British Virgin Islands.


of this company is Nasib Hasanov. “Georgian Cement” and “Borjomi” are also registered in offshore countries, and they are also included in the list of the largest companies of the year where the most investments were brazil telegram phone number list made. The management of “Georgian Cement”, formerly “Heidelberg Cement Georgia”, officially changed this year. The company was left by the German Heidelberg Materials, which the German ambassador linked to the country’s foreign exchange rate, according to media reports .


As of December 31, 2022, the company “CaucasusCement Holding BV” located in the Netherlands owned 100% of the shares. Its shares are owned by: the company “HeidelbergCement Central Europe East Holding BV” registered in the Netherlands (45%), the company “Cement Invest BV” registered in Luxembourg (45%), Svetlana Lampriyanova-Bezhuashvili, a citizen of Georgia (10%). In 2023, Cement Invest, which represents the interests of the Georgian Co-Investment Fund, Irakli Rukhadze's Honeywell Partners and the family of Davit Bezhuashvili, fully bought out Heidelberg Materials' stake in HeidelbergCement Georgia.