JSC “TELASI” WAS AWARDED THE BEST ANNUAL REPORT AND TRANSPARENCY AWARD FOR THE THIRD TIME

JSC “Telasi”, the largest non-financial company in the nomination, received the "Best Annual Report and Transparency Award" for the third time.

The "Best Annual Report and Transparency Award" was established for the first time in Georgia in 2019. The project aims to encourage compliance with new reporting rules, promote healthy competition between companies, and improve the overall standard of corporate reporting to gain investor confidence locally and internationally.

This year the competition was held in seven nominations: Large Financial Company; An honorary award for a large financial company; Large non-financial company (500 or more employees); Honorary award for a large non-financial corporation (500 or more employees); Small and medium company (less than 500 employees); Honorary Award for SMEs (less than 500 employees); The best report on sustainable development.

The competition is part of a joint project of the World Bank and the European Union for Financial Involvement and Accountability, in cooperation with the National Fund for Accounting, Auditing and Reporting Reform Support.

"I am glad that" Telasi "is the winner of this prestigious competition for three years in a row. Telasi's activities are open and transparent. "Shareholders, investors, business partners and the public have the opportunity to receive timely and reliable information about the company's activities," said Sergey Kobtsev, General Director of Telasi.