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Daily Archives: November 7, 2014

Drugs without Prescriptions still Sold in Small Pharmacies

Major pharmacy chains GPC and Aversi  claim that despite the introduction of a system of sale of  a large number of medicines by prescription, small pharmacies still continue to sell drugs without prescription  while  prices of medicines in such cases are significantly higher than in pharmacies observing the new law. How …

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Major Corporations Evading Taxes in Luxembourg

Billions of dollars have secretly passed through Luxembourg, the heart of the EU, an investigation by journalists has unearthed in leaked documents. PepsiCo, IKEA, FedEx and 340 other international companies use the tiny country to slash their tax bills. The 1,000 square mile country sandwiched between France, Germany, and Belgium …

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Georgian Wine and Spirits Companies Ask Gov’t to Promote their Products

Georgian companies producing alcoholic beverages ask the state to pay more attention to them. According to Zaza Tabagari, a consultant for strategic planning of Gomi,  the entry into the  foreign market requires  very large amounts, for this reason the brand  is not able to carry out large-scale activities. Currently, the company exports …

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Aversi Fails to Carry out 12-million Project

Plans of the pharmaceutical company Aversi for a multi-profile clinic project have been stalled, as a result of which, the company is experiencing financial losses. “Commersant” was told at  the company; as they note,  until  the refugees problem is solved, the 500-bed project will not be launched. Aversi is waiting …

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Closed talks over Abkhazian railway’s re-operation under way – Armenian official

In an interview with Tert.am, a Deputy Minister of Transport admitted that closed negotiations are now under way over the relaunch of the Abkhazian railway, with Armenia being directly involved and actively interested in the process. Arthur Arakelyan said he finds that the question pursues more political rather than economic interests, adding that the recent …

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