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Sophio Khidesheli

Fixed Assets Inventory Service„VEON GEORGIA“ is owned by Cellfie, leading international provider of telecommunications and internet services, headquartered in Amsterdam, The Netherlands.In 2019 – 2020, JSC “SavvY” Valuation Department provided fixed assets inventory service to LLC "Cellfie". The project included an inventory of fixed assets on the company’s balance sheet.JSC “SavvY” Valuation Department has provided the following services: physical inspection of fixed assets and assign them with individual barcode stickers, reconciliation of the lists of described fixed assets and the company’s balance sheet.JSC “SavvY” Valuation team has compared and then arranged lists of the fixed assets described during the inventory procedure with the items in the company’s financial accounting system.Market Value Appraisal Service"Cellfie" is Georgia’s third-largest telecommunications operator. The company is owned by VEON, a leading international provider of telecommunications and internet services, headquartered in Amsterdam, The Netherlands.In 2020, JSC “SavvY” Valuation Department carried out an inventory assessment process and determined the market value of the identified assets. Due to the company’s work specificity, the company owns mainly specialized assets (servers), which is one of the most crucial components for the given company to operate.The valuation process was divided into the following stages:Valuation team have audited the assets, identified them to be evaluated and outline the purpose of the valuation, have communicated with stakeholders, identified the company’s expectations and requirements;Optimal methods and approaches for the valuation of movable property were determined.After preliminary analysis, data selection and moving property market research, with selected methods and approaches, the team calculated the market value of the assets.At the final stage, the evaluation report was prepared in full compliance with IVS and IFRS 13 standards.

Georgia

Cellfie

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Asset Valuation

 Fixed Assets Inventory Service in Cellfie

LTD “New Networks“ Is a private operator of electronic communications network in Georgia. It cooperates with leading telecommunication companies in different countries around the world.In 2019, For LTD “New Networks“, Evalution team of SavvY assessed Movable and immovable property on the Company’s balance sheet. &nbsp;The provided service consisted of the following stages:<ul><li style="text-align:justify;">Inspection of assets, Identify the asset to be valued and the purpose of the valuation, high communication with stakeholders and other Audit Companies;</li><li style="text-align:justify;">The optimal methods and approaches were defined for Assessable property;</li><li style="text-align:justify;">The fair value of the property was determined by the selected methods, and market research of Movable and immovable property;</li><li style="text-align:justify;">after all result agreement , In accordance with IVS&nbsp; and IFRS 13 standards, an evaluation report was prepared. &nbsp;</li></ul>

New Networks

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Asset Valuation in Telecommunication Company

JSC m² Real Estate was established by JSC Bank of Georgia in 2006 and has become a significant player in the Georgian real estate market. In 2018, SavvY’s valuation team for JSC m² Real Estate carried out an inventory count process of fixed assets and inventory located at 25 sites. The final report, which included data about the predetermined characteristics of the units of the assets, was presented to the client.

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Asset Valuation in m²

In 2022, SavvY Valuation Team conducted the inventory of fixed assets of LTD "Geoplant". The project included an inventory of fixed assets reported in the balance sheet of the company.SavvY Valuation Team performed physical inspection of fixed assets and their marking with individual barcode stickers and reconciled the list of assets identified during the census and reported in the balance sheet of the company.The SavvY Valuation Team compared and reconciled the fixed assets described in the census to the records in the company's financial accounting system.

Geoplant

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 Inventory of Fixed Assets of Gurieli

In 2021, SavvY’s valuation team carried out the census of the supplies of LTD “Crosty Global”.&nbsp; The project included stocktaking of&nbsp;supplies recorded&nbsp;in the company’s accounting system.JSC “SavvY” Valuation Department has provided the following services:&nbsp;Physical accounting of supplies and reconciliation of the results with the list of supplies recoded in the accounting system.JSC “SavvY” Valuation Department&nbsp;prepared the inventory report and the appropriate policy document on inventory process.

Crosty Global

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Census of The Supplies of Crosty

Press Releases

Great to be part of an event celebrating service companies that are successfully expanding into European markets.At SavvY, we work with businesses across the region and beyond on the next stage of growth - strengthening financial strategy, performance management and investor-ready reporting that holds up to international standards.Congratulations to all the participating companies, and thank you to the organisers for building these cross-border bridges.

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SavvY joins event celebrating service companies expanding into European markets

SavvY attended ICTWEEK Uzbekistan 2026, bringing together startups, investors, industry professionals, and public-sector representatives.This year’s discussions covered key areas including startups and venture capital, AI, digital economy, and technology, with dedicated forums and summits exploring the latest developments across the sector.A great opportunity to stay up to date with what’s happening in Uzbekistan’s tech sector and connect with industry professionals.

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 ICTWEEK Uzbekistan 2026

SavvY was honored to moderate the panel&nbsp;"Capital in Development: How Real Estate Projects Are Financed, Valued and Grown"&nbsp;at the&nbsp;Forbes Georgia Real Estate Summit 2026,&nbsp;held on 3 July in Tbilisi.The discussion brought together leading voices from the real estate, investment and advisory sectors to explore the evolving financing landscape in Georgia—from capital structures and project valuation to investment attractiveness, alternative financing sources, and long-term value creation.One message was clear: as Georgia's real estate market continues to mature, successful projects will increasingly be defined not only by their location and design, but by the strength of their financial strategy and their ability to attract and deploy capital effectively. &nbsp;

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Forbes Georgia Real Estate Summit 2026

SavvY attended an exclusive meeting hosted by AmCham Uzbekistan with John Jovanovic, President and Chairman of the Export-Import Bank of the United States (EXIM Bank), during his visit to Uzbekistan.

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Exclusive meeting hosted by AmCham Uzbekistan

News

On November 10-12, 2026, the city of Tashkent, Uzbekistan, will host TransLogistica 2026 - one of the leading international exhibitions for the transport and logistics industry. The event will feature the participation of 10 Georgian transport and logistics companies, with the organizational management of the project led by SavvY.This initiative marks the first time that SavvY is organizing the Georgian Pavilion at TransLogistica Uzbekistan, establishing a unified national representation for Georgian transport and logistics companies within one of Central Asia’s leading industry exhibitions.&nbsp;SavvY is responsible for the full-cycle implementation and coordination of the project, ensuring the high-quality representation of the Georgian Pavilion on the international platform. The organizational support includes:Development of the Georgian Pavilion concept, design, and full technical setupAnnouncement and management of an open selection process to identify the final participating companiesPre-exhibition preparation of participant companies, including recommendations regarding communication and presentation materialsCoordination with the exhibition organizer on all organizational and technical mattersOn-site operational support throughout the exhibition periodThe project aims to strengthen the international positioning of the Georgian logistics sector, establish new business partnerships, and expand access to regional markets.Particular importance is attached to Central Asia - especially Uzbekistan - within the context of Georgia’s development as a regional transit and logistics hub. The increasing strategic significance of the so-called Middle Corridor is substantially enhancing cargo redistribution opportunities across the region, creating a major strategic opportunity for Georgia’s transport and logistics sector to secure a more competitive and integrated position within Europe-Asia trade routes.In this context, TransLogistica 2026 serves as a strategically targeted platform where Georgian companies will be able to showcase their services, infrastructure, and operational capabilities to an international professional audience.Project registration link:&nbsp;<a href="https://luma.com/eqxu9moe">https://luma.com/eqxu9moe</a>

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TransLogistica 2026 | Tashkent, Uzbekistan

Hey, I'm Sophio Khidesheli and I'm gonna help you

Projects I've worked on