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”White Square” signed a memorandum of cooperation with JSC “ProCredit Bank” and OTIS official partner Mepers on the Mindeli project

A memorandum of mutual cooperation was signed between the development company " White Square " and the leader in the engineering field "Mepers". Within the framework of the document, OTIS brand elevators of the highest quality will be installed in the White Square «Mindeli» project.
In addition, for the purpose of financing the «Mindeli» project, "White Square" successfully closed a deal with JSC “ProCredit Bank”, which will further contribute to the successful implementation of the project.


For the company "White Square", caring for people and high-quality products are the most important components of its activities. The ongoing district development project on Mindeli Street in Saburtalo is planned in such a way that it fully meets all the requirements of modern comfort and international standards.


In order to ensure safety and quality, we decided to start cooperation with a company that has 170 years of experience in the field of manufacturing elevators and is a world leader in this direction. This partnership is another step towards the reliability and innovative approaches of our projects.


We also attach special importance to cooperation with JSC “ProCredit Bank” - this is a financial institution that focuses on responsible financing. Their support not only accelerates the project implementation process, but also gives us the opportunity to focus on even higher quality. We firmly believe that this partnership will continue successfully in the future as well", - says Irakli Burdiladze, the managing partner of the company  " White Square ".


The cooperation with "White Square" combines the experience, professionalism and quality-oriented approach of the two companies. We are glad that the modern urban space of the Mindeli Street project will be served by OTIS elevators. However, it should be noted that this memorandum is much more than a technical agreement - it is the beginning of a strategic cooperation based on trust and a common vision," said Giorgi Karazanishvili, partner of the company "Mepers".

 

JSC “ProCredit Bank” has become a partner of the White Square Mindeli project. This is the first project of JSC “ProCredit Bank” together with White Square, and we are happy to support this energy-efficient initiative, which helps to reduce the negative impact on the environment. We hope that the construction sector will develop further in this direction and offer customers environmentally friendly, green projects. By supporting energy-efficient initiatives, we contribute to the development of sustainable business in Georgia,” says Alex Matua, General Director of JSC „ProCredit Bank“. 

 


The development company White Square is currently represented in Georgia with 11 projects, and 3 of them have already been completed.
"Mepers" company is an official partner of OTIS in Georgia and offers customers the opportunity to enjoy world-renowned quality and innovation. The company has implemented a number of large-scale projects and serves dozens of multi-functional residential complexes and premium-class hotels.


ProCredit Bank Georgia is a member bank of the international ProCredit Group, whose 100% share is owned by the German ProCredit Holding. The bank has been operating in Georgia since 1999 and shares European banking experience with its customers. Fitch Ratings has assigned ProCredit Bank the highest possible credit rating in Georgia - BB+, which indicates the stable quality of the bank's assets.
 

30.04.2025
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