About

Adjara Holding is a leading Georgian multi-directional venture recognized for its progressive approach to development, hospitality, and urban regeneration. The Holding brings together a wide range of initiatives spanning hospitality, agriculture, entertainment, e-commerce, and lifestyle, all united by a shared vision of creativity, quality, and social responsibility.

Each project reflects a commitment to sustainability and forward-thinking design, blending local heritage with contemporary needs. By creating multi-functional spaces and initiatives that energize their surroundings, Adjara Holding plays a vital role in shaping modern Georgia – connecting people, ideas, and industries across the capital and the country’s regions.
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Founder

Temur Ugulava

Chairman of the board
Chairman of the board
Temur Ugulava founded Adjara Holding with a small team and a clear vision to contribute to Georgia's modern development through creativity, innovation, and purposeful design. From the very beginning, he has been directly involved in every stage of each project, from concept and creation to management, ensuring that his vision and values are reflected in every detail.

Over the years, Adjara Holding has grown into one of Georgia's leading enterprises, employing more than 3,000 people. Guided by Ugulava's approach, the holding has cultivated a culture of equality, open-mindedness, and collaboration, bringing together passionate and forward-thinking professionals whose work continues to shape the country's contemporary identity.

Board

Nino Zambakhidze

Board Member
Nino Zambakhidze is a globally recognized entrepreneur and policy leader shaping the future of business, innovation, and economic empowerment. Educated at Stanford, Oxford, and Grenoble, she holds multiple degrees and international honors, including Young Global Leader (World Economic Forum), Forbes Woman,  Woman of Decade and  an Honorary Doctorate. She leads impactful ventures, mentors emerging leaders, and advises global platforms on entrepreneurship and gender equality. Nino also serves as an advisor and board member of several influential organizations, driving strategy across sectors including business, agriculture, tourism, and education.
Board Member

Levan Gudiashvili

Board Member
Levan Gudiashvili is the Group Chief Financial Officer and a board member at Adjara Holding, where he has played a key role since 2018. With over 14 years of experience in finance, audit, and executive management, he has overseen large-scale restructuring, led the consolidation of business units, and secured over $80 million in financing from both local and international institutions, including major development finance partners like the U.S. DFC. Prior to joining Adjara Holding, Levan spent seven years at KPMG Georgia, leading complex audit and advisory projects across various sectors such as telecommunications, insurance, and iGaming. He holds an ACCA qualification, is a CFA Level 2 candidate, and was recognized in Forbes 30 Under 30.
Board Member

Keti Beradze

Board Member
Keti has been with Adjara Group since 2019 and currently serves as Group General Counsel and a board member. Before joining the company, Keti advised on complex financial transactions, including public offerings, bond issuances, and securing funding from international institutions. At Adjara Group, she has led significant real estate acquisitions and strategic agreements, including finalizing the Finance Agreement for Rooms Abastumani and other large-scale projects. Keti holds an LLM in Commercial Law from Erasmus University Rotterdam and a law degree with distinction from Tbilisi State University. She is also a member of the Georgian Bar Association.
Board Member