In 2024, Tbilisi Free Zone (TFZ) took significant steps toward strengthening international partnerships. “Gamma D’ORO CORPORATION,” one of the leading perfume brands in the region, officially launched its operations in the zone, offering high-quality aromatic products to consumers.

Gamma D’ORO: High Standards and Global Quality

“Gamma D’ORO” is an international brand that asserts its uniqueness in the perfume market through high-quality, sustainable, and innovative fragrances. The company has a vast production network, with its headquarters in Turkey. However, in 2024, it chose the Tbilisi Free Zone for new manufacturing and logistics operations.

Key Areas of Gamma D’ORO’s Operations:

• Perfumery: Niche and luxury-class perfumes in 50ml and 100ml bottles.
• Aromatic Sprays: High-quality sprays for both home and commercial spaces.
• Diffusers and Car Perfumes: Compact and efficient products that meet modern demands.

Why TFZ?

Gamma D’ORO’s decision to establish operations in Tbilisi Free Zone (TFZ) was influenced by several key factors:

• Tax Benefits: Companies registered in TFZ are exempt from all corporate taxes.
• Geographical Advantage: Georgia’s strategic location between European and Asian markets allows Gamma D’ORO to manage logistics and supply chains more efficiently.
• Infrastructure Support: Modern warehouses and production facilities in the zone fully comply with the company’s international standards.
• Economic Environment: The Tbilisi Free Zone enables businesses to start and expand operations quickly.

Impact on Georgia’s Economy and Local Community

Gamma D’ORO’s operations in the Tbilisi Free Zone represent significant progress for both the company and Georgia.

Economic Benefits:

• Employment opportunities for dozens of local workers and enhancement of their professional skills.
• Export-oriented production, contributing to an improved trade balance for the country.
• Investments in innovation and new technologies.

International Partnership and Future Prospects

Gamma D’ORO’s presence in Tbilisi Free Zone is driven by its strategic vision. The company plans to expand production, including the development of new product lines and the improvement of existing formulas.

Conclusion

Gamma D’ORO’s entry into the Tbilisi Free Zone highlights Georgia’s increasing role as a hub for international business and innovation. This strategic move will not only boost the local economy but also introduce advanced technologies and industry best practices.

“2024 marks a major milestone in the partnership between Gamma D’ORO CORPORATION and the Tbilisi Free Zone. This collaboration will open new production opportunities and drive business growth in the sector.”