Basisbank, as one of the major supporters of business, continues to support the development of Georgian business. This time, within the framework of the EBRD credit line, an investment of EUR 105,000 was made for the company Panex to fund the development of the first energy-efficient sandwich panel production in Georgia.
Panex manufactures polyurethane wall and roof sandwich panels intended for a wide range of customers, ensuring a high quality product and a service tailored to their customers’ needs. The flexible processes help the company to develop the local production and take a significant share of the market.
"Currently, we are the only producer of energy-efficient polyurethane sandwich panels in Georgia. Our high-quality products are notable for the best thermal insulation, simplicity of construction and many years of durability. The panels are customized for specific needs of our clients. The use of our panels defines a new type of plain, simple and consistent architecture, used in both industrial and residential construction sectors," - Giorgi Levidze, the Director of Panex, said.
"By supporting local production, we are always ready to promote the strengthening of Georgian business and economic development in the country. We believe that Basisbank's financial involvement will be successful and that our partnership will provide even more opportunities for business expansion. We are proud that, together with the company Panex, we are part of another successful Georgian project," - Giorgi Gabunia, Commercial Director of Basisbank, stated.
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One US dollar trades at GEL 2.7160
11/07/2025
