We're excited to announce the successful completion of another major project in collaboration with Siemens and GWP, focused on enhancing electric power generation in Georgia.

At the Zhinvali hydro complex, we've installed four cutting-edge Siemens HB3-C generator vacuum circuit breakers. These breakers are renowned for their reliability, ensuring the stable and secure operation of the HPP.

This partnership with Siemens not only brings invaluable experience but also serves as a catalyst for learning and development within Georgia. Our certified personnel are adept at implementing tailored solutions utilizing state-of-the-art products.

Compliant with European Union standards IEC 62271-200:2011 and IEC 61936-1 (VDE 0101), the HB3-C type generator vacuum circuit breakers offer up to 25 years of service-free operation under optimal conditions, slashing OPEX costs by 75%.

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A partnership agreement has been signed between RETCO and the The USAID Industry-led Skills Development Program, aiming to enhance professional skills in the electric power sector. The objective is to increase demand for quality and standards at the system level, fostering coordination among all stakeholders involved in the electric power sector.
The program, with overall budget of 1,45 Million USD, will offer free education and training to young individuals interested in electrical energy, as well as employed electrical engineers across Georgia. Over the course of two years, 360 beneficiaries will undergo training and retraining through five distinct programs.

Last month was particularly successful for Retco, on April 14-21, Retco employees were on a business visit to Germany, where they attended HANNOVER MESSE.
It is important for us to see in person the devices and innovations produced by leading European manufacturers and other developed countries and to get to know the area of their use, which contributes to the development of our employees and the company.
After the exhibition, the our team visited the Berlin factory to deepen the relationship with our largest partner, Siemens, and to get acquainted with new technologies.
Retco has already had a 10-year history of cooperation with Siemens, the results of many successful negotiations will soon become tangible, both for us and for the Georgian market.

Retco LLC organized, a series of workshops titled "Rustavi in search of Business identity" held in the period from March 25 to April 9. Leading speakers working in Georgia discussed the strategy and problems of Rustavi's future development together with the Rustavi community.

The events were attended by people employed in the private sector and top management of local businesses. The purpose of the series of workshops was to discuss together the business prospects of the city of Rustavi and its opportunities to make Rustavi more attractive and interesting for business.

Similar activities are planned by Retco in the future as well, and we hope that with the involvement of us, other businesses and active members of society, we will achieve the common goal - the economic and cultural strengthening of Rustavi.

Merry Christmas and New Year from Retco LLC.

Last year was successful for our company, in 2022 we successfully went through the fundamental rebranding, as a result of which we looked at the company in a new way and now "Retco" is positioning itself as an company of electric energy solutions in the premium segment. By 2023, our goal is to thoroughly establish and implement the fully functional organizational structure and business processes.
All this is impossible without dedicated and professional employees, therefore we try to encourage employees and give them an additional incentive to grow at Retco!

Retco LLC has just finished rebranding process, a time-consuming adventure, which clarified our strengths and weaknesses, while changing visual elements such as logo and stepping up our game as a premium quality electrical company.
We’ve rolled out first of our many future marketing campaigns by presenting six different visual banners, demonstrating LLC Retco’s updated positioning, to the target audience at the Tbilisi International Airport’s departure area.

Throughout this process, the company performed a comprehensive energy market analysis, redefined potential clients’ needs, conducted a competitors’ analysis and developed positioning according to its current competitive advantages.
Following the process, the company received a comprehensive brandbook, which includes: a new logo, description, slogan, identity, and other elements characteristic of a modern brandbook.
LLC Retco’s visual elements reflect the importance of სafe, high-quality electrical energy, emphasizing on the company's individual, exquisite approach in dealing with each client.

LLC Retro employees attended the Eastern Europe’s most significant energy fair – Energetab, in Poland, where they met with various European manufacturers with the aim to further strengthen their partnership relations.
The experience of Eastern European countries who have switched from soviet energy infrastructure to modern European standards is crucial for Georgia as our grid is very similar and needs to be adjusted.
We’ve gained a new information regarding newer models of switchgear, smart grid opportunities and substations as we plan to incorporate higher quality standards into our manufacturing and services.

International HR literature is now available in Georgian language. This is already the second book translated and published by Retco LLC in cooperation with HR Hub. The HR desk book entitled “WHO” is already available for professionals.
The book was presented at the HR Hub’s new season opening ceremony, on September 15, and it was handed over as a gift to the attending public.
Retco LLC has been supporting such events as part of its corporate social responsibility, translating and publishing books with its own resources, afterwards making them available free-of-charge to the relevant field professionals.

Employees of Retco LLC attended the Hannover Fair, where the energy field’s leading manufacturers and innovators presented their new products and services, returning to Georgia with enlightenment of newest inventions.
Business trips to EU based manufacturers is crucial for improvement of our employees as they gain new information and knowledge of the field.
We strongly believe that strengthening bonds with European manufacturers is crucial for the development of Georgian energy market and ensuring accessibility to European standards.

On May 30, Retco LLC personnel paid a working visit to the Siemens’ Frankfurt-based factory with the aim to deepen the partnership relationship.
At the factory, the personnel familiarized with a full production cycle of new medium-voltage switchgears and discussed various issues on the ground.
Retco LLC ensures secure, continuous and cost-efficient power consumption for huge electric power consumers, while sharing the experience of the leading European brands and putting it into practice makes for the development of the Georgian electric energy market and its approximation to the Western standards, even at the household level, and Retco LLC makes its contribution to this process.

Retco LLC is launching electrical engineering courses for huge electrical power consumers, distribution and generation facilities in Georgia (courses will be available free-of-charge during 2023-2024).
The courses will be conduct in a hybrid format, including in-person and online sessions. The course provides for a detailed study of each participant’s energy utilities and formation of skills according to their individual needs.
Georgian and Latvian trainers with practical experience will be involved in the instruction process. Successful graduates will be awarded with certificates that are recognized in all twenty-seven EU member-states.
The aim of the courses is to ensure maximally rational consumption of electric power by the companies and the country, in general, as well as reduction of power consumption costs.