• "Coming together is the beginning. Keeping together is progress. Working together is success." Henry Ford
  • "Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon." Winston Churchill
  • "To succeed in business, to reach the top, an individual must know all it is possible to know about that business." John Paul Getty
  • "A friendship founded on business is better than a business founded on friendship." John Davison Rockefeller
  • "Success usually comes to those who are too busy to be looking for it." Henry David Thoreau


Welcome to the corporate website of our company

The philosophy of our team and company is based on the understanding that at the table of negotiations, the client and an investment manager should sit together, not opposing each other, but communication on a same business language in order to create a fundament for joint success and achieve the final goal.
As proved by our experience, such an approach is effective while a final result is successful and comprehensive.
I, as a leader of the company, as well as my partners we have passed our own ways and gained experience and actual success in both our careers and building up our businesses. The company’s management has proved many times its possibilities in the field of financial services where our team is involved now.
For us, you interest in “Velstand & Erfolg” is important. There are no first and second priority projects. Our client is our partner and, we are sure a joint success is achievable.

Sincerely yours,

George Putkaradze

Executive Director of Velstand & Erfolg

About Us

The partners made decision on setting up the company after the demand on the long-term credit resources have evidently increased in both the Post-Soviet and the Eastern European countries. We are well aware of the nuances characterizing the markets of the developing countries.

“VE” is involved in preparation and financial provision of the long term investment projects aimed to be attracted from international financial institutions and investment funds. Our services cover a full set of works, which are conducted in compliance with the international standards and requirements of such organization. Our experience is a guarantee of your success.

“VE” is the first private company in Post-Soviet and Eastern European Countries that has been awarded the Originator’s status under Enterprise Development Network “END” by Overseas Private Investment Corporation “OPIC”.

"VE" screens potential investment projects and selects projects which have the potential to attract long term financial recourses. Same time our experienced team guides and consults project sponsors how to put together their investment projects in an appropriate manner that fully corresponds international standards. 

 OPIC Press Release
 Microsoft Word file

Our Team

Giorgi Putkaradze
9-years experience in banking.
2001-2007: Founder partner and director of the Georgia-US Leasing Company;
2003-2004: Participant of the educational programs in the fields of banking and financing held in the USA and Sweden;

Tariel Gvalia
18-years experience in banking.
1995-2004: Chairman of the Board of Directors of “Tbiluniversalbank”
2001-2004: Chairman of the Board of Directors of “Georgian Leasing Company”
2005-2006: Vice-chairman of the Supervisory Board o “Bank of Georgia”
2008-2009: Chairman of the Board of Directors of of the “People’s Bank” of Belarus

Giorgi Gvalia
School of Hospitality Management Les Roches, Switzerland. International business administration: Finances and Management
2004: Participant of the educational programs in the fields of banking and financing held in the USA

Nikoloz Sakvarelidze
2005-2006: Grinnel College (USA)
2007: Advanced Technology Group (USA)
2008: Caspic Company (USA)
2008: Corporate Executive Board (USA)
2009: Georgian State Electric Systems 

Our History

Year 2004
OFFICIAL  SIGNING CEREMONY BETWEEN OPIC AND GEORGIAN LEASING COMPANY


Left to right:
Mr. Tariel Gvalia
Chairman of Supervisory board of Tbiluniversalbank
Mr. George Putkaradze
CEO Georgian Leasing Company
Mr. Peter H Ballinger
Director, Investment Development Europe and Asia OPIC
HE Mr. Richard Monroe Miles
Ambassador of the United States of America
Mrs. Jennifer Snyder
Manager, Europe and Asia Region Business Development USTDA
Mr. Kenneth Angell
Senior Investment Officer OPIC 
Left to right:
Mr. George Putkaradze
CEO Georgian Leasing Company
HE Mr. Richard Monroe Miles
Ambassador of the United States of America
George Putkaradze and George Gvalia
Partners of Velstand & Erfolg


2009
USA, NEW YORK, DECEMBER 1ST


Left to right:
Mr. George Putkaradze
CEO Velstand & Erfolg
Mr. Kenneth Angell
Senior Investment Officer OPIC
Mr. George Gvalia
Senior Investment Officer Velstand & Erfolg
Left to right:
Mr. John Moran
OPIC Chief Of Staff
Mr. George Putkaradze
CEO Velstand & Erfolg
Mr. George Gvalia
Senior Investment Officer Velstand & Erfolg

Right time for the right decisions

“VE” has chosen a right time and right place for its activity. Development
Right now - Group of companies are being formed which are able to overcome the temporary financial crisis and strengthen leading positions;
Right now - Extra financial resources are required, which will enable the successful companies to continue and implement their investment projects.
Right now - There exists an increased demand on cheap and long-term financial resources;
Right now - Developer and real estate companies need the financial support after the economic downturn.
Right now - is the time for developing and expanding green energy; agricultural and infrastructure projects.
Right now - “VE” is the best solution for realization of your projects.