Subsidiary Companies

ALL-P GROUP operates with a wide range of services: repair works, installation of industrial and decorative floors, waterproofing and floor underlayment works, construction of private houses.

It was founded in 2007. Chronologically, ALL-P GROUP is the first holding company.

The company is focused on development and systematically offers innovative services and products to the Georgian market. ALL-P GROUP  has introduced terrazzo, vetrazzo and underlayment floors for the first time in Georgia, and it made the floor underlayment works mechanized.

The construction sites of the ALL-P GROUP are often visited by the students of vocational schools, to whom the managers of different directions of the company share their experience.

ALL-P GROUP actively supports young architects by active participation in the events and projects related to the field.

On the scale of ELEMENT HOLDING, the company created a precedent of taking services outside the country. All-P UZBEKISTAN was founded in 2022.

Element Construction's activities cover industrial, hydrotechnical, and civil construction, also design and fit-out works.

The company was founded in 2007. The largest projects realized in Georgia are associated with its name.

Element Construction operates with a reputable portfolio, featuring objects realized for local as well as international brands.

In 2024, Element Construction broadened the scope of its services beyond Georgia and began operations in Uzbekistan.

The Company received the certificates of ISO 45001:2018 (occupational health and safety standard) and ISO 9001:2015 (international quality management standard) and is named the number one industrial construction company.

Element Construction is a member of UN GLOBAL COMPACT, the world's largest corporate sustainability initiative.

ZERONE is a modern and rapidly growing engineering company, established in 2022. It specializes in the design and installation of electromechanical engineering systems.

ZERONE’s team of engineers delivers comprehensive MEP (Mechanical, Electrical, and Plumbing) services, actively applying innovative design approaches using BIM (Building Information Modeling) technology.

The company’s portfolio includes:

• Industrial facilities and logistics hubs
• Residential complexes and hotels
• Commercial and office spaces
• Educational and healthcare institutions

Regional expansion is a key milestone in ZERONE’s growth. Since 2024, the company has been actively operating in the Uzbek market.

ZERONE is also a strong advocate for the development of vocational education and supports the professional advancement of young engineers. The company runs student internship programs, enabling technical students to gain practical skills in a real working environment.

ZERONE aims to set a new standard through technically advanced, energy-efficient, and durable engineering solutions.

TFOX is actively operating in the construction materials and equipment market. Established in 2022, the brand has been dynamically expanding its scale and developing new business directions ever since.

The company is actively engaged in importing products from various countries around the world. Its imported product portfolio includes globally recognized construction materials and equipment brands such as SFS, OSCAR, WEBER, SEKIZLI, TUNA, ASSAN PANEL, and ASYA DOKUM.

At TFOX’s warehouse facility, customers can find a wide range of products in one place, including sandwich panels, construction equipment, paints, construction powders, thermal and waterproofing materials, doors, and various construction accessories.

The brand consistently follows international trends, innovations, and market dynamics to offer not only high-quality materials but also professional consultation and solutions aligned with modern technologies. Through this approach, TFOX creates added value and contributes to the continuous development of the sector.

"Element Fit-Out" operates based on quality, international standards, and a clear vision. The company was established in 2025.

The company offers clients a full-service package— from concept to completion: design, interior design, and premium fit out -works. As a result, every project delivered by Element FIT-OUT is defined by distinctive aesthetics and cutting edge technologies.

The company already enjoys the trust of many international brands. These partnerships enable Element FIT -OUT to introduce innovative, unique products to the Georgian market.

As a subsidiary of Element Holding, the company has been active in Uzbekistan since 2025— another step forward in the brand’s growth and the realization of its vision.

"Elcrete" positions itself in the Georgian construction sector with a distinct competitive advantage. The company offers clients design, production, and installation services using both precast reinforced concrete structures and metal constructions. The brand has been active on the market since 2023.

This enables the company to deliver customized, optimal construction solutions that meet the client’s technical, scheduling, and financial requirements.

Projects implemented by ELCRITE using precast concrete and steel structures include:

• Industrial buildings and production hubs
• Warehousing and logistics complexes
• Commercial spaces and shopping centers
• Educational and sports infrastructure
• Multifunctional public-use complexes

The production process is based in Tbilisi. ELCRITE also owns a warehouse facility that meets international standards.

Spec Rent offers the construction sector a comprehensive range of services for both the rental and maintenance of modern equipment and inventory. This enables the company to participate in construction projects of varying complexity.

Operating in Georgia since 2020, the brand has already established itself as a reliable partner in the field of equipment rental.

The qualifications of the company’s employees are confirmed by relevant certifications and a high level of client satisfaction. A team of experienced professionals ensures Spec Rent’s high operational efficiency and ability to deliver high-quality results.

Spec Rent’s employees undergo regular training programs that cover not only equipment operation techniques but also occupational safety standards. Team members possess both the knowledge and hands-on experience required to manage risks effectively and minimize potential incidents on construction sites.

The company regularly updates its fleet to provide customers with access to modern and safe equipment.

An individual and customer-oriented approach, combined with a flexible payment system, positions Spec Rent as a development-focused brand that is consistently prepared to meet the demands of the modern market.

EFS is an independent inspection company established in 2022. The brand operates in the market offering several strategically important services, including occupational health, labor safety, environmental protection, and construction quality control.

By sharing its expertise, EFS contributes to the implementation of international approaches within the business sector. The company supports clients in aligning with and adopting key standards such as:

• ISO 45001 (formerly OHSAS 18001) – Occupational Health and Safety Management System
• ISO 14001 – Environmental Management System
• ISO 9001:2015 – Quality Management System

EFS services are available to both legal entities and individuals.

GIANELLI creates unique products using concrete and fiber concrete. With these products, it is possible to implement a project of any complexity in the company's workshop.

GIANELLI was founded in 2019.

The company produces:

• Facade elements of any design;

• urban furniture and accessories;

• Stair steps, floor and wall tiles;

• Decorative items.

For GIANELLI it is important to be completely consistent with modern architectural approaches and quality characteristics.

The vision of the brand is also reflected in the products, which are made from recycled, eco-friendly materials.