About GMCS

GEORGIA: BATUMI

In March 2018 GMCS a.s. signed a contract with Batumi Autotransport Ltd. for the assignment to form Corporate Development Programme and a Stakeholder Participation Programme for the bus services in the City of Batumi.

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TAJIKISTAN: DUSHANBE

On September 5, 2017, Dushanbe city administration conducted its first open tender to service two bus routes under the EBRD project "Development of Public Transport". Competitive bidding standards will give the City an effective tool for managing the public transport sector.

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GEORGIA: KOBULETI

Kobuleti Water Company upgrades wastewater treatment in Georgian resort town with a loan from the EBRD. GMCS provides project management and implementation support.

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KYRGYZSTAN: OSH

The Osh Water Supply and Wastewater Rehabilitation Project is a collaborative project of the European Bank for Reconstruction and Development, the Government of the Kyrgyz Republic, the City of Osh and the Osh Water Company to improve the municipal water supply service.

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KYRGYZSTAN: BISHKEK

The capital of Kyrgyzstan develops recycling and municipal waste management. GMCS implements financial and operational management improvement program as well as public communications in compliance with international best practices.

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TAJIKISTAN: KHOROG

Remote town in Tajikistan mountains improves water quality with a loan from the EBRD. GMCS provides project implementation support, including construction and equipment supply contracts supervision.

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ARMENIA: YEREVAN

The capital of Armenia develops recycling and municipal waste management. GMCS implements financial and operational management improvement program as well as public communications in compliance with international best practices.

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KAZAKHSTAN: KHORGOS

Dubai-based PBP Capital together with DPWorld develops a premium business parк at Khorgos Special Economic Zone at the Kazakhstan-China border. GMCS provides project finance advisory services to arrange the requisite debt and equity funding.

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WHO WE ARE

1988 - TODAY

GMCS GROUP is a privately owned strategic investment group with a network spread around the globe.

GMCS was founded in 1988 when it made its first direct equity investment in a US trading company. Our group has continuously grown and diversified its activities staying true to professional excellence.

Complementing our investment activities, five years later in New York we added a consulting practice dedicated to sustainable development. Today, our companies are united under the same dedication to quality and social responsibility.

How we can help
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GMCS and the Ukraine Crisis

The war in Ukraine has destroyed lives. It has also destroyed trust, relationships and decades of progress.

GMCS GROUP has been active in the post-Soviet region since the beginning, working alongside multinational banks, investment and aid agencies to develop infrastructure, connectivity, and better quality of life for all.

At this time of loss and deepest grief we lean on our core values and stand together as one multinational team. We will continue to work together building and re-building our vision of an ethical and sustainable world of sovereign nations.

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GMCS Central Europe

Our office in Prague coordinates the group`s activities and provides services to clients located in Eastern Europe and the CIS.

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GMCS Caucasus

Project management, business support and representation in Georgia and Armenia.

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GMCS the Americas

Our U.S. office in Washington, D.C., is specialized in providing services to multilateral development banks, export credit agencies and bilateral international development agencies such as the World Bank and USAID.

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GMCS Central Asia

GMCS Central Asia coordinates our activities in Kazakhstan, Tajikistan, Kyrgyz Republic, Turkmenistan, Mongolia, Uzbekistan.

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GMCS Emirates Fortune

GMCS GROUP established a presence in the United Arab Emirates back in the early 2000. In the years that passed Dubai has changed to become the main center for multinational business in the Middle East, Central Asia and Africa.

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GMCS GROUP AG

Corporate headquarter in Zurich carries out activities and represents GMCS in the western european countries.

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OUR NEWS

MOLDOVA: BALTI

Balti District Heating Phase 2
Cet Nord JSC (the Client) has invited the Consultant to participate in Forum „Green Transition. Balti - city for people", which was held on 22nd May 2023, at Nortek Center, "Alecu Russo" State University of Balti, The Consultant presented to the Mayor, Municipal Council (MC), EBRD and other stakeholders on the details and issues of this large-scale Project that require specific attention and focus during the implementation.

The Forum was dedicated to the Balti City Day and was devoted to the local strategy for the development of the district heating system in the Balti municipality. The presentation described the overall objectives of the Project, brief technical descriptions and benefits expected and was received with interest by the audience.

The Project has quite a few challenges, and its support by the local authorities and the community generally is extremely important. The Consultant’s team will continue close interaction with the municipality and other stakeholders to ensure successful project delivery.

MOLDOVA: BALTI

Balti District Heating Phase 2
In April 2023 GMCS signed a Consultancy Contract with CET-Nord JSC in Balti, Moldova, for the implementation of EBRD-supported Balti District Heating Phase 2 Project. The Project will be a follow-on investment in the District Heating (“DH”) system in Balti - the country’s second largest city in terms of area and economic importance, and the third largest in terms of population (151,500 inhabitants).

The Project focuses on: (i) Supply and Installation of Individual Heating Substations; (ii) Construction of Horizontal Networks in Buildings; (iii) Construction of a Thermal Energy Storage; (iv) Upgrading of the Water Treatment Facilities at the Central Production Plant; (v) Implementation of SCADA for Heat Distribution; (vi) Implementation of Thermo- Hydraulic Model and supply licenses; and (vii) Company’s balance sheet restructuring.

We will be supporting the Client during the project implementation until successful completion together with our partners SINERGETIKA Consulting SRL (https://www.sinergetika.org/ ) and AvantGarde-Group (https://avantgarde-group.eu/) and will carry out reporting obligations of the Client towards EBRD.

ARMENIA, GEORGIA, KAZAKHSTAN AND TURKEY

Regional Municipal Transport Projects Support
Throughout 2021 GMCS were engaged to provide support for the EBRD and a number of municipal transport enterprises in Armenia, Georgia, Kazakhstan and Turkey. The expertise of GMCS experts was used to perform financial assessments of future projects viability as part of Due Diligence studies for investment decisions including cost estimates, financial and economic internal rates of return and justification of the proposed investments. As the result, the client cities are expecting considerable investment through EBRD loan and (potentially) special grants towards bus fleet renewal with low (or zero) emission to bring additional environmental benefits to the population. Additional tasks of GMCS experts included review of procurement documentation for the future tenders to ensure compatibility with relevant standards, operational requirements and procurement rules and policies of the Bank.