Largest auto importer in Caucasus and ELF global manufacturer of oil products formalize memorandum

Business Materials 19 December 2012 20:40 (UTC +04:00)

Georgia, Tbilisi, Dec. 19 / Trend N. Kirtzkhalia /

The largest auto importer in the Caucasus Iberia Business Group (IBG) and the world's largest producer of oil products ELF formalized a joint memorandum on French-Georgian business cooperation. The ceremony has been held in Tbilisi today.

IBG - ITA subsidiary will be the official representative of the company producing French automotive oils within the memorandum.

The representatives of the French-Georgian Chamber of Commerce and Business attended the ceremony.

"We are pleased that a member of our holding ITA, which is one of the leaders in terms of import and sale of spare parts, has a new partner in the form of the world's leading brand ELF," founder of "Iberia business Group" Tariel Khechinashvili said. "We will propose our customers even better car maintenance in Tbilisi and other major cities of Georgia following the cooperation."