EDCHG began as an organisation set up by the European Economic Community (EEC) in 1990 to develop restabilisation programmes for industries in Eastern European economies. 30 years on and it has grown into a multidisciplinary group of organisations that provide a diverse range of services to clients operating in the mining and natural resources sectors across the globe.
The Company was established as European Developments Corporation (EDC) under the auspices of the EEC to offer a comprehensive service and a programme of stability to European industry following the collapse of the Soviet Union. Services included, inter alia, strategic development, financial and management restructuring, human resource development, technology procurement and transfer and assistance in export promotion, among many others.
Ownership of EDC was transferred to Dr Geoffrey Cowley, who had helped to establish the company and had served as its CEO. EDC then expanded its original geographical base and offered corporate advisory and restructuring services to industry outside of Europe, becoming particularly active in Russia, Africa and Asia.
EDC Holdings Group established the Energy Mining Advisory Partnership (EMAP), specifically to work with stakeholders of distressed assets in the natural resources sector in order to re-strategise and restructure their operations from a Risk Management vantage.
Technical Audit Ltd was established to enhance operations in the primary metals, manufacturing and natural resources sectors, working with clients to improve operations across the engineering cycle.
Energy Mining Advisory Partnership (EMAP) division was incorporated as a separate business specifically to work with stakeholders of distressed assets in the natural resources sector to re-strategise and restructure from a risk management perspective as opposed to the traditional output and growth strategies.
European Development Corporation Ltd started trading as EDCHG which encompasses all the skills of the group under one identity.
Throughout its history, EDCHG’s has prided itself on delivering innovative, sophisticated and sustainable solutions to complex issues facing clients across the world. Meeting these aims has been directly linked to our adherence to a number of core values which form the foundation of our approach to all mandates:
