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Daily Archives: July 30, 2014

Businessman Iakobashvili Starts Fight for the Return of Deprived Company in September

Another businessman suffered during the previous governmenthopes to return the property. “Senta Petroleum” former owner says that a trial on  “Senta ” casestarts in September. Zaal Iakobashvili states  “Commersant” that a former Defense Minister David Kezerashvili  has forced him  to recede ” Senta” property. He notes Kezerashvili re-registered a  property for a symbolic price in 2011, otherwise the high official threatened the businessmen with jail  and a  deprivation of property without compensation. …

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“Society and Banks” – “VTB” Clients will not Face any Problem in Relation to Deposits and Credit Products

“Society  and banks” released a statement regarding the imposition of sanctions on the Russian “VTBBank” by  the U.S.  and the EU. U.S. and the European Union’s sanctions against theRussian “VTB bank” will not have a direct influence on Georgian consumers because “ VTB”  branch in Georgia is an  independent financial and legal unit. It has its own capital, which has been recentlyincreased by “VTB” shareholders. “Society  and Banks” believes that at this …

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Minister of Health has Questions for “ALDAGI” about “New Life” Clinic

Minister of Health has questions for the management of the  “New Life” clinic. “New Life”   clinic  is owned by “Avante Hospital Management Group” managed by the  “Evex Medical Corporation” which  , in turn, is under “Aldagi” ownership. “I am informed about the situation in the clinic. Several days ago, the clinic Director appealed …

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Russian Demand for Georgian Wine Reduced

A demand for Georgian wine reduced in the Russian market which  wine companies explain by  the end ofsales boom and the start of the stable sales. Director General of  “Schuchmann Wines Georgia”Nutsa  Abramishvili notes that there was a great demand and  good payment terms  in Russia, theexporters paid in advance  and reserved products. I do not know what will be in the case of Russia in 2015, however, today 40% of our exports go to this market, and …

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