Invested in: • 24 electronic flat knitting

machines • One electronic flat knitting

machine pattern system • 4 Tumble Dryers (DX55) by

Primus

LTD “Pelin Global” Invests in Modern Knitting and Textile Drying Technologies

Over the past few years fashion design business is experiencing a boom in Georgia. Therefore, investing in the Georgian textile industry has never been so profitable. LTD “Pelin Global” is a fabric manufacturing company, which produces sweaters, pullovers and cardigans, most of which are exported to various foreign markets. Pelin Global financed its new machinery with a EU4Business-EBRD Credit Line loan. The investment will make the company more profitable, product quality increases and the health and safety standards improve, making the company a much safer and more desirable place to work. After project verification, the company received 15% of the loan amount as a grant cashback, funded under the EU4Business initiative of the European Union.

Case Study GEORGIA Issued: June 2018

EU4Business-EBRD Credit Line www.eu4business-ebrdcreditline.com, +995 (0) 32 224 0805,

info.georgia@eu4business-ebrdcreditline

Implementation consultants

EU Directives met: • Directive 2014/35/EU of the European Parliament and of The Council of 26 February 2014 on the harmonization of

the laws of the Member States relating to the making available on the market of electrical equipment designed for use within certain voltage limits;

• Council Directive 89/391/EEC of 12 June 1989 on the introduction of measures to encourage improvements in the safety and health of workers at work;

• Directive 2006/12/EC on waste; Directive 91/689/EEC on hazardous waste; • Regulation (EU) No 1007/2011 of the European Parliament and of the Council of 27 September 2011 on textile

fibre names and related labelling and marking of the fibre composition of textile products and repealing Council Directive 73/44/EEC and Directives 96/73/EC and 2008/121/EC of the European Parliament and of the Council

Invested Volume: • Loan Amount: EUR 700,000 • Grant Amount (15%):

EUR 105,000