Ministry of Economy and Sustainable Development of Georgia

The main functions of the ministry are to provide incentives for economic growth in the country utilizing an effective economic policy. The economic policies of the state are described in the action plan of the Georgian Government for 2004–2009 titled For United and Powerful Georgia. The policies include utilization of macroeconomic policy and private entrepreneurship development. The economic reforms undertaken by the government include liberalization of entrepreneurial activities, creation of favorable, transparent and stable legislation for private business owners; realization of active privatization process and support to strengthening of private sector; facilitation of issuance of licenses and permits and reform of the system of technical regulation; economic deregulation and protection of markets against monopolization; development of tourism, transport and communication infrastructure, etc.

Ministry of Labour Health and Social Affairs of Georgia

The ministry is headed by minister appointed by the Prime Minister of Georgia. One first deputy minister and three deputies report directly to the minister. The ministry is made up from 16 departments and agencies. Main functions of the ministry are ensuring provision of good medical and public health services to the population; regulation of medical and pharmaceutical activity in the country; management of state pensions, social security; protection of rights of children. The ministry has all the power to regulate all medical activities throughout the country through its chapters. The State United Social Insurance Fund and the Ministry of Finance of Georgia are the main sources of funding for the Ministry of Health, Labor and Social Affairs.[4] In recent years, the ministry carried out an expansion of hospitals network by planned completion of 46 new hospitals by the end of 2011.

Ministry of Justice of Georgia

The Ministry of Justice of Georgia  is a governmental agency within the Cabinet of Georgia in charge of regulating activities in the justice system, overseeing the public prosecutor, maintaining the legal system and public order, protection of the public and instituting law reforms in Georgia.

Ministry of Finance of Georgia

The Ministry of Finance is a governmental agency within the Cabinet of Georgia in charge of regulating the financial sector in the Republic of Georgia. Main functions of the ministry is regulation of financial sector by ensuring sustainable economic development and financial stability; enforcing state policies on financial issues, budgeting and taxes; ensuring stability of state finances and development of financial markets in the country; attracting foreign creditors to Georgian economy; improvement of budgeting, tax forecasting, financial mechanisms; ensuring financial control over budgetary funds and spending; treasury development, revenue mobilization, provision of state budget funds management and controlling movement of funds within Georgia.
 

Ministry of Environmental Protection and Agriculture of Georgia

The Ministry of Environmental Protection and Agriculture of Georgia is a governmental agency within the Cabinet of Georgia in charge of regulation of economic activity in the agricultural sector of the country and environment protection with a purpose of increasing the sector’s production capacity.   The ministry is headed by a minister, first deputy minister and two deputy ministers. It is subdivided into General Inspection, Management Unit for Food Safety and Risk Analysis, Department of Cooperation with International Organizations and Projects Management which overlook divisions on Rural Development, Region Rule, Legal Issues, etc.In December 2017, the Ministry of Environment and Natural Resources Protection was abolished and merged into that of Agriculture, which was renamed into the Ministry of Environmental Protection and Agriculture of Georgia.
 

State Procurement Agency

The State Procurement Agency is an independent legal entity of public law (LEPL) in Georgia that provides oversight to ensure the legitimacy of government procurement procedures by establishing policies for the regulation of the procurement process.   The legal bases for the Agency’s operations are the Constitution of Georgia, the Georgian Law on State Procurement, international agreements and treaties, and the Agency regulations developed in accordance with those laws and treaties.   The structure and regulations of the Agency are subject to approval by the Government of Georgia, which exercises state control over the Agency’s activities.
 

Georgian National Energy and Water Supply Regulatory Commission

Georgian National Energy and Water Supply Regulatory Commission

Ministry of Education, Science, Culture and Sport of Georgia

The Ministry of Education, Science, Culture and Sport of Georgia is a governmental body responsible for education system and children’s services in Georgia. Ministry of Education works under the Minister of Education and Science of Georgia. The ministry is located on Uzandze street in Tbilisi in a historical building built in Mauritanic style.
 

Ministry of Regional Development and Infrastructure of Georgia

The Ministry of Regional Development and Infrastructure of Georgia is a governmental agency within the Cabinet of Georgia in charge of regional and infrastructure development, regulation of activities in sector of Georgia.   The ministry was established on the basis of previous government agency called State Ministry in Regional Management Issues on February 2, 2009 according to the Article 81   of Georgian Constitution and law on the Structure, Powers and Order of Activity of the Government of Georgia. A separate state agency United Transport Administration and Department of Roads was abolished and its scope of activities transferred to the newly established ministry. The ministry is funded by the state budget.
 

Invest in Georgia

Invest In Georgia plays the role of moderator between foreign investors and the Government of Georgia, ensuring that the investor gets different types of updated information and has a means of effective communication with the Government bodies. The aim of the Investment division is to attract, promote and develop foreign direct investments in Georgia. It serves as a “one-stop-shop” for investors to support companies before, during & after the investment process.
 

Revenue Service

Revenue Service

Produce in Georgia

In June 2014 the Ministry of Economy and Sustainable Development of Georgia, together with the Ministry of Agriculture, launched a new government program “Produce in Georgia.” The program’s objective is to promote an entrepreneurial culture throughout the country by stimulating the establishment new enterprise and supporting the expansion of existing operations. Enterprise Georgia is the key implementing partner of “Produce in Georgia” and is responsible for business support, export promotion and investment in Georgia sectors. The Business division of the agency promotes entrepreneurial activity in Georgia by supporting entrepreneurs – assisting with the creation of new enterprises as well as the expansion and refurbishment of existing enterprises. The Export division promotes the export potential of the country by increasing the competitiveness of local products and the overall volume of goods directed towards international markets. The Invest division’s primary role is to attract, promote and develop direct foreign investment in Georgia. As the moderator between foreign investors and the Government of Georgia, the Invest division ensures access to updated information, provides an efficient means of communication with Government bodies, and serves as a “one-stop-shop,” supporting investors throughout the investment process.

Georgian Chamber of Commerce and Industry

Georgian Chamber of Commerce and Industry

Georgian Producers Association

Georgian Producers Association

LEPL National Food Agency

LEPL National Food Agency

Business Association of Georgia

Around 90 companies are the members of the BAG, which unites more than 500 large and medium businesses. Since its foundation up to now, Business Association of Georgia has been successfully carrying out its function, and the pillars of this success are our member companies, management and executive teams, and the committees. Each member company is a stakeholder and an integral part of the Association. With their help, experience and knowledge accumulated in different sectors and in business in general, are integrated within the Business Association of Georgia.
 

National Statistic Office of Georgia

National Statistic Office of Georgia

Trainers Association

The Trainers Association is the first trainers’ union in Georgia; The main purpose of the association is the development of non-formal education;
 

Georgian Association of Mediators

The Mediatos Association of Georgia is a membership-based legal entity under public law established on 14 December 2019 on the basis of the Law of Georgia on Mediation. The prime objectives of the Association are to:
• Regulate mediators’ activities and make mediation generally available;
• Develop a profession of mediation and determine issues related to mediator qualifications;
• Determine the common standard of the professional ethics for mediators and ensure its execution through the procedure of disciplinary proceedings;
• Ensure effective private and judicial mediation process;
• Make mediation a frequently used instrument for alternative dispute resolution;
• Raise mediation awareness and increase confidence level;
• Protect the rights of mediators;
• Introduce and develop the best practices of mediation in Georgia.
The governing bodies of the Association of Mediators are as follows: the General Meeting of the Association, the Chairperson of the Association, and the Executive Board. Currently, 54 members are registered with the Association’s Unified Register of Mediators.

Georgian Distributor Business Association

In order to respond to the challenges in the modern distribution business and to solve the current problems in the field, the Georgian Distributors Business Association unites the representatives of small, medium and large businesses in the market. The vast majority of the member companies of the Association represent world brands in the Georgian market and provide high quality products to customers, as well as members – local manufacturing companies that distribute / export outside Georgia outside the local market.
 

EU-GEORGIA BUSINESS COUNCIL - EUGBC

EU-GEORGIA BUSINESS COUNCIL (EUGBC) IS A NON-PROFIT ASSOCIATION FOUNDED BY GEORGIAN AND EUROPEAN COMPANIES IN 2006 IN BRUSSELS. SINCE SEPTEMBER 2013, EUGBC ALSO OPERATES A REPRESENTATIVE OFFICE IN TBILISI. THE OBJECTIVE OF THE EUGBC IS TO ENCOURAGE INVESTMENT AND TRADE BETWEEN THE EUROPEAN UNION AND GEORGIA. THE COUNCIL ASSISTS AND ADVISES ITS MEMBERS ON ALL QUESTIONS RELATING TO SETTING UP AND DOING BUSINESS IN GEORGIA AND THE EU, THROUGH BUILDING BUSINESS LINKS, SOLVING MARKET ACCESS DIFFICULTIES AND OVERCOMING REGULATORY OBSTACLES. EUGBC ALSO PROVIDES ITS MEMBERS WITH INFORMATION ON INVESTMENT RELATED REGULATIONS AND CAN ASSIST WITH LIAISON BETWEEN THE GOVERNMENT OF GEORGIA, EU INSTITUTIONS AND EU MEMBER STATES.
 

Ziraat Bank

The cooperation developed between Turkey and Georgia in the field of trade and the need for provision of banking services to Turkish businessmen operating in Georgia became the basis for opening Ziraat Bank Tbilisi Branch in 1998, Batumi Service Center in 2013, Marneuli Service Center in 2016, Tsereteli Service Center in 2018, Kutaisi Service Center in 2019, Gldani and Varketili Service centers in 2020. In May 2017 JSC Ziraat Bank Georgia was established as a 100% owned subsidiary of T.C. Ziraat Bankasi A.S. Ziraat Bank is one of the largest and oldest banks in Turkey, 100% of the Bank’s capital is owned by the Republic of Turkey.
 

Georgian Banking Association

The Banking Association of Georgia is a Non-Entrepreneurial (Non-Commercial) Legal Entity which combines all banks and financial-crediting organizations acting in Georgia with the activity connected with the banking field of Georgia and which expresses interests of the banking community of Georgia.

The Banking Association of Georgia is established on the 20th of August, 2018 and currently combines 14 banking institutes. The Association cooperates with local and international representations, associations and authorities of the financial sector.

Georgian Hazelnut Growers Association

Georgian Hazelnut Growers Association has been established by Hazelnut Farmers in 2013 and has been growing since and for the moment constitutes about 25,000 hazelnut growing farmers from all over the Georgia. The main goal of the association is to increase the knowledge related to hazelnut care in Georgia, improve the quality of hazelnuts and increase production. The work of the association is distinguished by the fact that its members use the group work method, which allows them to share their practical experience with each other and find ways to solve various problems together. Each group has a leading farmer.
 

European Business Association

The concept for the European Business Association in Georgia was devised by the founders in 2012 and presented to the European Delegation and other European embassies. At that time it was decided that Georgia was not ready for a pure play European Business Association. Following the signing of the Association Agreement in 2014 and the granting of the Visa-free regime in 2017, the initiative was again activated with help from the European Business Associations in Moldova and Armenia and in close consultation with diplomats and advisors from the European Union in Brussels and Georgia. The European Business Association in Georgia is differentiated from other associations in it’s European membership structure, online format and special focus on SME and regional development. Operating across the whole of Georgia, the Association is prohibited from supporting political parties and companies that do not meet the Association’s strict Code of Conduct.
 

MUSIAD

MUSIAD

Embassy of Ukraine in Georgia

Embassy of Ukraine in Georgia

Embassy of Turkey in Georgia

Embassy of Turkey in Georgia

Spark/Tbilisi City Hall

Spark is a joint project of Tbilisi City Hall and the European Union, which offers special business development programs to existing small and medium-sized businesses and startups. Spark is a hub for people who have business ideas but do not have access to the resources to turn a business idea into a business plan and are not ready to implement it. Spark’s target audience are people who have business ideas and need both – workspaces and professional support:
• Already existing SME entrepreneurs
• Startups in the growth phase – and their founders
• Startups at the idea stage
• People with small and medium business ideas
• students
 

Embassy of Austria in Georgia

Embassy of Austria in Georgia

European Bank for Reconstruction and Development - EBRD

The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 69 countries and two EU institutions, the 69th being India since July 2018. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners. The EBRD is not to be confused with the European Investment Bank (EIB), which is owned by EU member states and is used to support EU policy. EBRD is also distinct from the Council of Europe Development Bank (CEB).
 

LEPL Labor Inspection

LEPL Labor Inspection

Georgian Trade Union Confederation

The Georgian Trade Unions Confederation (GTUC) was established in 1992. At various stages of its development, the results achieved in the protection of workers’ rights, as well as the quality of democracy and independence of the organization varied. Since 2006, the organization has completely shaken off the influence of political and individual interest groups, and to this day, the core principle of its activities is democratic principles of governance, transparency and accountability of activities before its members, Georgian society and international civilized world. The Georgian Trade Unions Confederation (GTUC) is non-profit (non-commercial) legal entity acting in accordance with the Constitution of Georgia, the norms of international law, the Georgian legislation and its statute. Its main objective is: To promote further democratization of the country’s economy, society and the state, development of social and democratic state, protection of human rights and freedoms and independence of trade unions, establishment of healthy competition on the labour market, conduction of collective bargaining negotiations and conclusion of collective agreements, establishment of civilized labour relations practices, protection of children and women’s labour rights, organizing workers’ strikes, rallies and demonstrations, protection of gender equality, etc.
 

Administration of the State Representative in Imereti

Administration of the State Representative in Imereti

Taxpayers Union

Taxpayers Union

TP Solutions

TPsolution is a Georgian accounting/consulting form established based on Georgian and EU experience. The company brings together featured, enthusiastic, highly qualified young professionals.
 

International Labour Organization

The International Labour Organization (ILO) is a United Nations agency whose mandate is to advance social and economic justice through setting international labour standards.[1] Founded in October 1919 under the League of Nations, it is the first and oldest specialised agency of the UN. The ILO has 187 member states: 186 out of 193 UN member states plus the Cook Islands. It is headquartered in Geneva, Switzerland, with around 40 field offices around the world, and employs some 2,700 staff from over 150 nations, of whom 900 work in technical cooperation programmes and projects.  
The ILO’s international labour standards are broadly aimed at ensuring accessible, productive, and sustainable work worldwide in conditions of freedom, equity, security and dignity.[2][3] They are set forth in 189 conventions and treaties, of which eight are classified as fundamental according to the 1998 Declaration on Fundamental Principles and Rights at Work; together they protect freedom of association and the effective recognition of the right to collective bargaining, the elimination of forced or compulsory labour, the abolition of child labour, and the elimination of discrimination in respect of employment and occupation. The ILO is subsequently a major contributor to international labour law.  
Within the UN system the organization has a unique tripartite structure: all standards, policies, and programmes require discussion and approval from the representatives of governments, employers, and workers. This framework is maintained in the ILO’s three main bodies: The International Labour Conference, which meets annually to formulate international labour standards; the Governing Body, which serves as the executive council and decides the agency’s policy and budget; and the International Labour Office, the permanent secretariat that administers the organization and implements activities. The secretariat is led by the Director-General, currently Guy Ryder of the United Kingdom, who was elected by the Governing Body in 2012.  
In 1969, the ILO received the Nobel Peace Prize for improving fraternity and peace among nations, pursuing decent work and justice for workers, and providing technical assistance to other developing nations.[4] In 2019, the organization convened the Global Commission on the Future of Work, whose report made ten recommendations for governments to meet the challenges of the 21st century labour environment; these include a universal labour guarantee, social protection from birth to old age and an entitlement to lifelong learning.[5][6] With its focus on international development, it is a member of the United Nations Development Group, a coalition of UN organization aimed at helping meet the Sustainable Development Goals.
 

International Organization of Employers

The International Organization of Employers (IOE) was created in 1920 to advocate for employers and the business community in the tripartite governance structure of the International Labour Organization (ILO). Today, from its headquarters in Geneva, Switzerland, IOE continues to defend and promote these same interests across a wide range of UN agencies, international organisations, intergovernmental processes and the media. As of September 2019, IOE had 156 national employer organisations members in 145 countries. It remains involved in the activities of the International Labour Organization, acting as Secretariat to the Employers’ Group, as well as representing business in international forums, including the G20 intergovernmental process on labour and social policy. It describes itself as “the largest network of the private sector in the world” and “the global voice of business”.
 

The International Congress of Industrialists and Entrepreneurs

The International Congress of Industrialists and Entrepreneurs (ICIE) is an international non-governmental public organization, established on February 21, 1992.   At present ICIE membership comprises the national unions of industrialists and entrepreneurs from 28 European and Asian countries. More than 100 enterprises, organizations, firms and other structures from various branches of the economy and different countries are partners of the Congress.   The International Congress of Industrialists and Entrepreneurs has official status with the United Nations Industrial Development Organization (UNIDO), the Interparliamentary Assembly of Member Nations of the Commonwealth of Independent States (IPA CIS), as well as long-term partnership with the International Centre for Scientific and Technical Information, the General Confederation of Trade Unions, the International Road Federation. The Congress carries out joint work with the CIS Executive Committee and its structures, the Union of Black Sea and Caspian Confederation of Enterprises.   The main activities of the ICIE include consulting and legal support of its members, development and implementation of research, industrial, investment programmes and projects. The International Congress also renders support  in establishing and developing enterprises of various forms of ownership, in their adaptation to market economy conditions, in expanding international links with the aim of strengthening economic and industrial potential of the regions, where the
 

The United Nations Global Compact

With the support of business and other stakeholders, the UN Global Compact’s governance framework was adopted by then UN Secretary-General Kofi Annan on 12 August 2005, following a year-long international process co-led by Georg Kell, then Executive Director of the UN Global Compact and Professor John Ruggie, then Special Advisor to the Secretary-General. That process included studying networked governance models of other cutting-edge global action and solution networks and holding focus groups with participants and stakeholders, including governments, local networks, and academics. The resulting governance framework distributes governance functions among several entities so as to engage participants and stakeholders at the global and local levels in making decisions and giving advice on the matters of greatest importance to their role and participation in the UN Global Compact, and to reflect the initiative’s public-private and multi-stakeholder character.   Refinements have been made since 2005, including the establishment of the UN Global Compact Government Group to formalize the role of Governments.   In 2017, in line with its recently developed 2020 Global Strategy and the United Nations 2030 Agenda for Sustainable Development, the UN Global Compact undertook a year-long Governance Review, co-led by Lise Kingo, Executive Director of the UN Global Compact and Sir Mark Moody-Stuart, Vice-Chair of the UN Global Compact Board, and carried out by Carnstone Partners LLP. The 2017 Governance Review was informed by an extensive consultation process involving UN Global Compact stakeholder interviews, presentations, webinars and online engagements. 300 stakeholders were consulted in total, including Local Networks and Governments. This review led to an evolution of the UN Global Compact’s governance framework with the aim to make the Compact fit for purpose to deliver on its mandate to “mobilize a global movement of sustainable companies and stakeholder to create the world we want,” rather than a radical restructure. The updated framework is found below:

Union of black and Caspian Business

Set up 2006, as Union of Black Sea and Caspian Confederation of Enterprises (UBCCE). Registered in accordance with Turkish law.   Establish institutionalized cooperation and facilitate communication among business organizations of member countries; assist economic and social development of the region through fostering trade and investment activities and entrepreneurial spirit; promote social and economic interests of companies represented by member organizations; contribute to the functioning of free market economies in member countries.
 

Nordmetal Stiftung

Nordmetal Stiftung

GIZ

German Corporation for International Cooperation GmbH, often shortened to simply GIZ, is a German development agency headquartered in Bonn and Eschborn that provides services in the field of international development cooperation and international education work. GIZ’s main commissioning party is Germany’s Federal Ministry for Economic Cooperation and Development (BMZ).   Other commissioners include European Union institutions, the United Nations, the private sector, and governments of other countries. In its projects GIZ works with partners in national governments, actors from the private sector, civil society and research institutions. It is the organization’s self-declared goal to deliver effective solutions that offer people better prospects and sustainably improve their living conditions.
 

Sequa gGmbH

sequa gGmbH is a globally operating non-profit development organisation. Since 1991, sequa has carried out programmes and projects of international cooperation in close collaboration with the German private sector. Its activities concentrate on private sector development. sequa offers know-how and long-term experience in capacity development for business memberships organisations (BMOs), vocational education and training and trade promotion. The organisation is based in Bonn, Germany. sequa employs more than 90 persons (2020) and reported a turnover of 46 million EUR in 2019. sequa’s shareholders are Germany’s top four business membership organisations: BDA, BDI, DIHK and ZDH, as well as GIZ (since 2010). sequa closely cooperates with German chambers and business associations and thus, sequa has direct access to experienced experts of these organisations and their vocational training centres. sequa’s fields of activities include programme administration, project management and consulting. sequa acquires public funds from national and international donors. Its main clients are the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission.
 

German Cooperation

German Cooperation

Azerbaijan Export and Investment Promotion Foundation

The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) is a joint public-private initiative, established by the Ministry of Economy of Azerbaijan in 2003 with the aim to contribute to the economic development through attracting foreign investments and stimulating exports in the non-oil sector.   As a unique “one-stop shop” body, we assist foreign-based companies interested in investigating and utilizing investment opportunities in Azerbaijan. Meantime, we are the devoted partner of companies established in Azerbaijan looking to enter into foreign markets. Our knowledge of foreign markets and applicable trade regulations along with a wide network of foreign representations and partners offer companies good opportunities to expand their export capacities.   AZPROMO has huge international networking capabilities. We are the member of the World Association of Investment Promotion Agencies (WAIPA) and currently, our president holds WAIPA’s vice-presidency position. Our international offices in Georgia, Austria, Italy and China coordinated by the centre in Baku deliver services in a short period of time. Our close relations with many international investment promotion agencies, chambers of commerce and other business promotion institutions have been maintained. We have signed memorandums on cooperation and partnership with over 80 such organizations from 37 countries the world over.
 

Federation of Employers of Ukraine (FRU)

The Federation of Employers of Ukraine (FEU) – is the most influential association of Ukrainian business. Founded in 2002, by now for 19 years the Federation successfully represents and protects the interests of business in Ukraine and internationally.   At present, the FEU unites more than 100 sectoral and regional organizations of employers representing the most important sectors of the economy of Ukraine, such as machine building, metallurgy, automotive, aerospace and defense industries, agriculture, chemical industry, IT, media industry, energy, medical and microbiological industry, construction, transport and infrastructure, retail and logistics, light and food industries, tourism, utilities, services sector.
 

Estonian Employers Confederation (ETTK)

more than 2000 companies employing in excess of 250 000 people.   We are the only enterprise organisation in Estonia recognised as a social partner, as we represent employers in the councils of the Estonian Health Insurance Fund, the Estonian Unemployment Insurance Fund and the Estonian Qualifications Authority and in negotiations on the national minimal wage. We support an economic environment in which social partners take as large a share as possible of the decisions affecting the labour market without the government’s intervention.   The Estonian Employers’ Confederation is a member of the International Organisation of Employers (IOE), the Confederation of European Business (BusinessEurope) and the Business and Industry Advisory Committee to the OECD (BIAC).   We represent the interests of the Estonian enterprise environment in international organisations in the broadest sense. In our international activities we stand for an open and strong European Union with a competitive economy in the international context.
 

Employers Confederation of Latvia (LDDK)

Employers’ Confederation of Latvia (LDDK) is the biggest organization representing the interests of employers. LDDK acts as a partner in socioeconomic negotiations with Saeima, the Cabinet of Ministers of Republic of Latvia and Free Trade Union Confederation of Latvia.
 

Confederation of Lithuanian Industrialists (LPK)

First industrial and entrepreneurial organizations appeared in Lithuania right after the declaration of Independence. The Lithuanian Union of Spirit Distillers was founded as early as 1922; the Lithuanian Union of Beer Breweries was established in 1924 alongside the Society of Commercial Enterprise Owners, the Society of Industrialists and Factory Owners, and a number of others.   The direct predecessor of LPK was the Union of Lithuanian Industrialists. From the very start of its existence, this organization, founded on December 17, 1922, was engaged in representing the interests of the entire industry of the country, rather than of separate trades.   Sixty years passed and on June 17, 1989, the constituent assembly of the Lithuanian Association of Industrialists re-established the union that had existed in pre-war times. Rimvydas Jasinavičius was elected as its President. From 1990 to 1993 the leader of the Association was Algimantas Matulevičius. At the assembly of March 3, 1993, LPA was reorganized into the Lithuanian Confederation of Industrialists that united industrial trades and regional associations. That was the day when B. Lubys, the President of Concern of “Achema Group”, became the head of this organization and presided over it for the rest of his life. In June 2012, Robertas Dargis, Chairman of the Board of EIKA Group, was elected as the President of the Confederation. From June of 2020 Vidmantas Janulevičius is the president of Lithuanian Confederation of Industrialists.