Block Group

Holding Companies & Conglomerates · 501-1,000 Employees

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Overview

Phone Number

+995 322141110

Website

www.block.ge

Revenue

$106.6 Million

Industry

Holding Companies & Conglomerates

ZI Rank: 4

Signal Type

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ZI Rank

Block Group’s Company Summary

Block Group, established in 1993, operates as a diversified conglomerate with a significant presence in construction, engineering, healthcare, hospitality, real estate, logistics, education, energy, and mining. Originally founded as Medimex, the firm transitioned into a multifaceted investment entity, notably forming Block Georgia in 1997. The company has successfully executed public and private construction projects exceeding $200M in value. Its strategic expansion into the healthcare sector in 2006 facilitated the creation of the First Georgian Hospital Network, eventually leading to the formation of EVEX Medical Corporation, which maintains a substantial market share in the region.

The organization maintains a robust operational footprint with a workforce of 500-1,000 employees. Block Group’s historical trajectory includes significant milestones such as the 2007 acquisition of a 20,000 square meter logistics center near Tbilisi International Airport and the 2008 expansion into the insurance market through Vesti. The firm’s investment portfolio is characterized by high-value projects, currently realizing developments with a total cost of $250M. These operations demonstrate a consistent focus on infrastructure development and strategic asset management across diverse international markets.

Beyond its core construction and healthcare interests, Block Group has diversified into the mining sector, specifically targeting mineral-rich assets in Venezuela. The company continues to leverage its expertise in investment and project management to drive growth in logistics, including the development of a 10,000 cubic meter oil terminal in Tbilisi. Meet Block Group's team to learn about their leadership and the strategic vision guiding these international operations. With a revenue of $106.6M, the firm remains a pivotalView more...

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About Block Group

Block operates in construction and engineering, healthcare, hospitality and real estate, logistics, education, energy, and mining, with a total workforce of over 1,000 employees. Block is currently realizing projects with a total cost of $250 million . In 1993, founded as a construction company Medimex, that realized several public projects and first pharmaceutical plant in Georgia. In 1997, Medimex and Block A.S. (leading Czech medical engineering company) formed a joint venture Block Georgia that has realized many public and private construction projects worth more than $200 million since its foundation. In 2006, Block started its Investment Business, and participated in a Government privatization plan of healthcare sector, where Block has played an instrumental role and created largest private medical group in Georgia, First Georgian Hospital Network. In 2007, Block has acquired 94.5% stake in a 20,000 sq. m. logistics center, located near the Tbilisi International Airport. LogisticRead more

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Popular SearchesBlock GroupBlockBlock Georgia LtdSIC Code 67,671NAICS Code 55,551Show more

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