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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>

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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

<figure class="image"><img src="/uploads/maxresdefault_595fa05b0f.jpg" alt="maxresdefault.jpg"></figure>In a recent episode of her original program “Business 360 Degrees,” Mariam Koyava explored the state of venture capital in Georgia and what it will take to foster globally successful startups.- The discussion evaluated the current startup ecosystem and identified the key requirements for enabling global success stories.- The segment featured Sturgeon Capital, now the largest international VC fund operating in Georgia, with nearly USD 3 million invested in three high-potential startups - Payze, Cargon, and Klipy.- A major challenge highlighted was Georgia’s limited market size, which poses difficulties for building scalable businesses that align with global VC expectations.- As digital transformation accelerates worldwide, emerging markets like Georgia face a pivotal point. While the country boasts entrepreneurial drive and strong technical talent, its ecosystem still lacks the deep infrastructure, investment culture, and scale necessary for global competitiveness.What’s needed to accelerate growth? A precedent, a breakout startup that scales globally, a success story showing others new possibilities.Key insights from the discussion: •⁠ &nbsp;⁠Georgian startups must develop a clear understanding of global markets. •⁠ &nbsp;⁠Local investment is essential to close early-stage funding gaps and attract international capital. •⁠ &nbsp;⁠Venture capital has the potential to drive innovation not only in tech but also in traditional industries such as logistics, financial services, and&nbsp;agriculture.<a href="https://youtu.be/VQTcuHywbSc?feature=shared">To view the full interview, please follow the link</a>

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Venture capital in Georgia - Business 360° with Mariam Koyava

News

<figure class="image"><img src="/uploads/1752842459692_af25e68d0b.jpeg" alt="1752842459692.jpeg"></figure>As part of the International Transport and Logistics Exhibition, SavvY’s Associate Partner, Giorgi Gudabandze, moderated two panel discussions that addressed some of the most critical dimensions of Georgia’s transport and logistics sector development.This comprehensive session brought together a diverse group of leaders from the air, land, and rail freight sectors, along with experts in cargo insurance and logistics digitalization, to provide a 360-degree perspective on Georgia’s freight and logistics landscape.The discussion addressed a wide spectrum of critical issues, including operational realities, infrastructure capacity, digital transformation, and the country's ability to improve both regional and global connectivity.Panelists included:▪ Giorgi Zumbadze, CEO, SkyLog ▪ Levan Chkhatarashvili, Commercial Director, Silkway West Airlines GSSA Okilogistics ▪ Lika Useinashvili, CEO, Aramex Georgia ▪ Natia Bedineishvili, Executive Director, MSZ Georgia ▪ Mikheil Gotsiridze, Head of Sales Department, Royal Express ▪ Maksim Ezik, Director of Innovation, Legi ▪ Mikheil Namadov, Managing Partner, Kairos Logistics ▪ Giorgi Khazhomia, Head of Cargo &amp; Marine Insurance Department, GPI Holding ▪ Giorgi Jgharkava, CEO, Translive ▪ Mariam Zhgenti, Logistics Automation Manager, BDO Digital ▪ Davit Davitashvili, CEO, Tbilisi Cargo ServiceKey themes of the panel included:<ul><li style="text-align:justify;">Systemic infrastructure constraints across all freight modalities and the urgent need to invest in expanding capacity;</li><li style="text-align:justify;">The growing demand for multimodal transport solutions to enhance Georgia’s role as a regional logistics and transit hub;</li><li style="text-align:justify;">Digitalization as a strategic imperative, with emphasis on automation, smart logistics platforms, real-time tracking, and data integration;</li><li style="text-align:justify;">Risk management tools, such as comprehensive cargo insurance, as essential enablers of safe and scalable freight operations;</li><li style="text-align:justify;">Cross-border cooperation and regulatory reforms are needed to improve trade fluidity and long-term competitiveness.</li></ul>Panelists agreed that Georgia’s freight and logistics sector must embrace coordinated investment in physical infrastructure, digital innovation, and workforce development to remain competitive in the global supply chain landscape.

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Giorgi Gudabandze Leads Strategic Discussion on Georgia’s Transport Sector

<figure class="image"><img src="/uploads/0_O9_A0705_3066b7dec8.webp" alt="0O9A0705.webp"></figure>Within the framework of the International Transport and Logistics Exhibition, SavvY’s Managing Partner, Mariam Koyava, ACCA, MIRSoc, led three panel sessions featuring representatives from both the public and private sectors: The first session focused on unlocking the potential of Georgia’s logistics sector. The discussion featured Giorgi Cherkezishvili, Head of the Secretariat of the Investors Council, and Jemal Inaishvili, Chairman of the Tbilisi Dry Port. The panel addressed Georgia’s growing role as a regional transit hub, current infrastructure challenges, and priority directions for sectoral development. Special emphasis was placed on the importance of attracting private investment and strengthening institutional capacity within the logistics sector. The second panel discussion explored investment and financing opportunities offered by the public and banking sectors. Panelists included: ▪ Yulia Stepanova – Senior Banker, Property and Tourism Team at EBRD ▪ Davit Tavlalashvili, Enterprise Georgia – Head of Investment Department ▪Giorgi Darchiashvili, TBC – Director of Corporate Client Services for Medium and Large Businesses ▪ Zurab Gugushvili MBA, TBC Leasing – Commercial Director The session provided insights into existing and upcoming financial instruments that can support logistics and large-scale infrastructure projects. Panelists emphasized the crucial need for in-depth, cross-sector collaboration between public institutions and private stakeholders to effectively mobilize investment in this area. The third panel was dedicated to "Warehouse Infrastructure and TPL Services – Barriers and Development Opportunities." The discussion brought together industry practitioners to highlight key operational bottlenecks and identify practical solutions for advancing Georgia’s warehousing and third-party logistics (TPL) capacity. Panelists included: ▪ Merab Zhgenti Diplomat, Business Development Manager, Diplomat Georgia ▪ Nino Menteshashvili, Director, FedEx The panel addressed regulatory and infrastructural gaps, private-sector investment trends, and the evolving role of warehousing in supporting Georgia’s ambitions to become a modern, regional logistics hub. Panelists also explored innovations in TPL services and emphasized the importance of integrated warehousing networks in enabling supply chain efficiency. All three sessions demonstrated that the development of logistics infrastructure is not only a driver of accelerated economic growth but also a key pillar in strengthening Georgia’s geostrategic position.

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 International Transport and Logistics Exhibition

<figure class="image"><img src="/uploads/maxresdefault_d72eed8f3c.jpg" alt="maxresdefault.jpg"></figure>In today's episode, we kicked off a brand-new topic: Investment Funds - diving into the current landscape in Georgia, the opportunities at hand, and how they can be unlocked.As of 2024, total assets under fund management in Georgia surpassed 200 million GEL. The majority of investments are made through debt instruments, while private equity remains underrepresented.Investment funds are more complex to manage than banks. Globally, only about 30% of funds succeed — meaning they meet or exceed investor expectations.A successful fund typically stands on three pillars:•⁠&nbsp; ⁠Scalable, high-potential companies•⁠&nbsp; ⁠A strong, experienced management team•⁠&nbsp; ⁠Investors who trust and empower that teamAmong these, the management team plays the most critical role, driving strategy and execution.Don’t miss the next episode, where we continue unpacking the dynamics, challenges, and future of this evolving&nbsp;sector.<a href="https://bm.ge/news/biznesi-360-gradusit-kerdzo-kapitalis-fondebi">To view the full interview, please follow the link</a>

Investment Funds - Business 360° with Mariam Koyava

Insights

<img src="/uploads/What_Is_Cost_Optimisation_and_Why_Your_Business_Needs_It_04bb3b9f88.jpg" alt="What Is Cost Optimisation and Why Your Business Needs It.jpg">Have you ever wondered why some companies grow stronger while others fall behind, even when they seem to have the same resources? One of the biggest differences often comes down to cost optimization - the smart, careful process of making sure every dollar that a company spends brings real value.Cost optimization is a powerful strategy that can help businesses improve profits, compete better and use resources wisely. In this blog, we will explain why it matters and how it can help your business succeed. We will also explore how&nbsp;<a href="https://wesavvy.co.uk/services/financial-reporting">Strategic Cost Management Consulting</a> can help companies apply these ideas successfully.Spending Smarter, Not Just LessAt its core, cost optimization means using your company’s finances in the best possible way. Many people think it’s only about reducing costs, but that’s not true. It’s about spending more wisely - understanding which expenses are necessary, which ones are wasteful and where the business can make smarter choices to get better value.For example, a company might review how much it pays suppliers, how much it spends on equipment or how its teams work together. Sometimes,&nbsp;even minor expenses, over time, can weaken a company’s overall profitability.&nbsp;In other cases, the business may need to invest more in certain areas to improve efficiency.With the right approach, cost optimization works closely with strategic cost management, helping make sure cost decisions support the company’s big-picture goals. Without this, saving money today might lower the company’s chances for growth in the future. To handle this process successfully and avoid costly mistakes, some businesses turn to strategic cost management consulting services for expert guidance.Hidden Dangers of Wasted SpendingEven successful companies can waste money without realizing it. They might stick to old processes just because they’re familiar or continue using expensive suppliers without checking the market. Over time, these small issues can become big problems. Without regular reviews, hidden costs quietly grow and slowly weaken profitability, making it harder to invest in innovation and stay ahead of competitors.By focusing on cost improvements, businesses can:<ul><li style="text-align:justify;">Free up money to invest in new products or services</li><li style="text-align:justify;">Improve profits without raising prices</li><li style="text-align:justify;">Strengthen their position against competitors</li></ul>This isn’t just about short-term benefits. Companies that apply cost optimization effectively can build long-term strength. By creating a low cost structure, they stay flexible, adjust to changes and can more confidently invest in the future.&nbsp;Understanding Your Business’s Cost StructureTo optimize costs, a company first needs to understand the cost structure of a business model. This means looking at all the types of costs the company has:<ul><li style="text-align:justify;">Fixed costs, like rent or salaries, which stay the same no matter how much the company produces.</li><li style="text-align:justify;">Variable costs, like materials or shipping, which change depending on sales or production.</li></ul>By analyzing these costs, businesses can identify where they have the greatest potential to make changes. For example, if fixed costs are too high, maybe the company is paying for more facilities or equipment than it actually needs. If variable costs are the problem, maybe it’s time to review suppliers or improve production efficiency.This kind of detailed review is called&nbsp;<a href="https://wesavvy.co.uk/services/financial-management">cost structure analysis</a>, which helps businesses understand where their finances go and makes it easier to identify opportunities for improvement. These insights are central to strategic cost management, where companies make cost decisions that support their long-term plans.Finding Smart Opportunities for ChangeMany companies believe they already have a clear picture of their expenses, but a proper cost structure analysis often reveals surprising results.&nbsp;For example, they may discover they are spending too much on small, unimportant services, overpaying for deliveries because of weak contracts or using outdated systems that waste time and money.By performing this kind of analysis, businesses can:<ul><li style="text-align:justify;">Identify which costs bring value and which don’t</li><li style="text-align:justify;">Compare their costs with competitors in the same industry</li><li style="text-align:justify;">Find smarter ways to get the same results at a lower cost</li></ul>This step is important to be sure the changes are not just guesses and are based on real facts.Where to Start: Building an Action PlanTo start improving costs, a business first needs to collect useful information. This means reviewing all financial data, supplier contracts and operational processes. It also means talking to different teams to understand where challenges or waste might exist.Once the company has this information, it can begin to set goals and plan changes. Maybe the goal is to reduce overall spending by a certain percent. Or maybe the goal is to improve efficiency in one department or process. Once objectives are clear, it becomes easier to measure success.Some companies try to handle cost optimization on their own, but many choose to work with experts who can provide outside knowledge and experience. For this reason, many businesses rely on consulting firms like&nbsp;<a href="https://wesavvy.co.uk/">SavvY</a>. With years of experience helping businesses in many industries, SavvY guides companies through improvements using proven methods, detailed analysis and practical advice.A Stronger, Leaner, Smarter BusinessCost optimization is not just about saving money, it’s about building a better, stronger business. By carefully looking at costs, improving processes and making smart investments, companies can improve their profits, stay competitive and prepare for future success.With tools like cost structure analysis and the principles of strategic cost management, businesses can make sure that every dollar they spend is helping them move forward.&nbsp;Strategic cost management helps connect these efforts to the company’s broader goals, ensuring that cost decisions support sustainable growth and strengthen competitive advantage. For companies that want expert help, working with an experienced partner like SavvY can make this process easier and more successful.In today’s world, cost optimization is not just a good idea - it’s a necessary step for businesses that want to grow, stay flexible and win in their markets.

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

Projects I've worked on

Fixed Assets Inventory Service in Cellfie

Asset Valuation in Telecommunication Company

Asset Valuation in m²

Inventory of Fixed Assets of Gurieli

Census of The Supplies of Crosty

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Publications

Venture capital in Georgia - Business 360° with Mariam Koyava

Giorgi Gudabandze Leads Strategic Discussion on Georgia’s Transport Sector

International Transport and Logistics Exhibition

Investment Funds - Business 360° with Mariam Koyava

What Is Cost Optimization and Why Your Business Needs It

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