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Irakly Kaveladze

Vice President
ZAO Crocus International

Russian Federation

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About Irakly Kaveladze

Irakly Kaveladze Bio


Irakly Kaveladze acts as a Senior Vice President of ZAO Crocus International, a division of the Crocus Group. Working out of the Moscow office, Mr. Kaveladze focuses on tax planning, real estate project development, and overseeing international investment capital. He actively manages the firm’s loan portfolio of ZAO Crocus, and recently restructured its financial commitments for a savings of $20 million a year.

Irakly Kaveladze initially joined ZAO Crocus International in 2003 as an Analyst, and earned promotion to his current role in 2008. He now serves as the company’s representative in discussions with international capital sources, and works to structure the company’s commercial real estate projects. ZAO Crocus is a leading commercial developer in Russia and is an official partner of the Ministry of Economic Development of the Russian Federation. The firm, an integrated finance and construction company, employs approximately 6,000 individuals who contribute to a variety of projects. One of the firm’s current projects is the construction and retrofitting of the Far Eastern Federal University in Vladivostok, Russia. Irakly Kaveladze drives the project by sourcing and hiring United States-based professionals, such as architects and engineers, and negotiating construction contracts for the 8.4 million square-foot project with companies based in China. He has also been responsible for the development of the Crocus Group’s popular chain of do-it-yourself stores, Tvoy Dom.

Before beginning his career at ZAO Crocus, Irakly Kaveladze earned a Bachelor of Arts in Accounting and Economics from the Moscow Finance Academy, and a Master of Business Administration from the University of New Haven.


Irakly Kaveladze - Professional Experience


Feb 1, 2003-Present

Vice President

ZAO Crocus International

Moscow, Russia



International investment project structuring, regional development, tax planning. I am literally face of the group once it comes to international projects structuring, or channeling of foreign investments in Crocus Projects.



In charge of developing TVOY DOM (Do it Yorself format popular superstore chain) throughout Russian regions. Developing projects in Novosibirsk, Yekaterinburg. Completed project in Voronezh. Active participant in construction of the biggest University Campus in Russia (Far Eastern Federal University) Total of 8,4 mil square feet in development. Hiring US architects, designers, internal decorators, engineers to work on Crocus projects in Russia. Negotiations with Chinese construction companies on involvement in Crocus construction projects



In 5 years promoted from analyst to senior vice president. in 2011 with my active participation the company has refinanced $550 mil. loan portfolio at sugnificantly lower rate. Brought direct savings of $20 mil a year.


Irakly Kaveladze - Education

University of New Haven 

MBA, Business  

Sep 2000 - June 2002

New Haven, CT 

Moscow Finance Academy 

BA, Accounting/Economics 

Moscow, Russia

Irakly Kaveladze - Interests


Save the Children Donor, Member of Kiva.org (international microfinance cooperative), Donor of Hospice.ru (foundation for support of Russian hospices for cancer patients)


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