ENG GEO

SOCAR Energy Georgia, Ltd again became the General Sponsor of the Chess Federation of Georgia

10.02.12

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SOCAR Energy Georgia, Ltd and the Chess Federation of Georgia signed the agreement about general sponsorship.
The agreement was signed by the Director General of SOCAR Energy Georgia, Ltd Mr.Mahir Mammedov and the president of the Chess Federation of Georgia Mr.Gia Giorgadze.
The amount envisaged by the agreement will be spent on organizing international chess tournaments in Georgia and participation of Georgian chess players in international championships in different countries which will support their professional growth.
It is already the fourth time that the agreement on general sponsorship between SOCAR Energy Georgia, Ltd and the Chess Federation of Georgia is being signed. On the basis of the new agreement, SOCAR Energy Georgia, Ltd will be funding the federation in the year 2012.
Cooperation between the parties started in 2008. During this period the company allocated 850 thousand laris to the federation. The first agreement on general sponsorship was signed in 2009.
In 2010 SOCAR Energy Georgia, Ltd was the General Sponsor of the youth championship of Europe held in Batumi. In 2011 it was the General Sponsor of women's individual championship.
This year the company will sponsor the women's tournament of the Association of Professional Chess Players to be held in Tbilisi.