Investments

Batumitex
Batumitex is a partnership between a British group, Low Profile (www.lowprofile.com.tr) and the Greenoak Group. The company is located in Batumi, Georgia. It offers manufacturing of ready-made garments as well as on a CMT basis.

The company is of high international standard with more than 1,000 staff members. The product assortment strategy is mainly concentrated on sports and leisure wear, both knitted and woven as well as various ladies wear. Batumitex produces mainly for Marks & Spencer.

Batumitex is very competitive and can compete with even China on high quality products. There are no quotas in Georgia, customs clearance within two hours, and a distance of 17 km from the Turkish border. Transport by ship from Georgia to the USA is done within 25 days depending on the destination, and by truck a complete trip from Batumi to e.g. Milan or Frankfurt is completed within 6-8 days.



Batumitex has a wide range of equipment, mainly JUKI. The monthly capacity is 70,000 units and 140,000 units for woven and knitted respectively. Batumitex has its own training school with a monthly capacity of 30 new sewers. Quality is carefully controlled through all stages from the purchasing and receipt of the fabric and accessories, cutting and through the sewing process, washing, packaging and storage of the finished garments to delivery to the customers.


The plant is of 9,700 sqm on a 16,000 sqm land. Batumitex services include: pattern making (Gerber System), sample making, technical support, embroidering (Tajima) and laundry.

Contact:

Low Profile
Demirtas Organize Sanayi Bolgesi, Mustafa Karaer Cad.
Begonya Sok. No. 7 Bursa, Turkey
Tel +90 224 2612300
Fax +90 224 2611852
E-mail mnaci@lowprofile.com.tr

Batumitex
4 Mayakovsky Street
384502 Batumi, Georgia
Tel +995 222 31818
Fax +7 501 9404507
E-mail gegenavam@greenoakholdings.com



Ajarian Electricity Company
Over the recent years, there have been severe problems with the continuous electrical power supply in Ajaria. Greenoak, being a major investor in the region was asked to assist in improving the situation. Greenoak subsequently agreed to build a new power plant in Kobuleti, Ajaria's second largest town. The project was not completed, and in 2007 Greenoak made the decision to dispose of the project.



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