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Monthly Archives: January 2016

Founder of Zedazeni Reviews Private Sector’s Annual Performance

Tsezar Chocheli

What has the year of 2015 brought and what the year of 2016 will bring? Amid the current social and economic tendencies in Georgia, a part of the major business sector representatives negatively evaluate the year of 2015, while another part shows content with the current year’s performance. Tsezar Chocheli …

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Marlboro Won’t Be Available on Georgian Market?

Cigarette brands Marlboro and Parliament will be no longer available on Georgian market. As it was told to BPI by relevant sources, except Marlboro none of Philip Morris cigarettes will be sold at Georgian shops. As it is known Philip Morris distributes different kinds of brands such as Parliament, L&M, Chesterfield …

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Guram Jalaghonia: The Year of 2015 Brought Stability to Aviation Sector

Guram Jalaghonia

The Georgian Civil Aviation Agency (GCAA) has finished the process of improving shortcomings detected after the 2013 ICAO audit. Currently, Georgia and its aviation segment has twice better indicators compared to the 2007 audit, the agency head Guram Jalaghonia noted and positively appraised the 2015 performance. He outlined several reforms, …

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The Real Reason Why Prices on Some Cigarettes Hike

Marlboro

Recently prices of Philip Morris products have drastically increased on Georgian market, which is said to be related to deficit of cigarette on a market. According to BPI media agency, deficit is result of legal controversy with distributor company “Omega Group” and is not related to increased excise tax. At this …

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Patriarch Ilia II: ‘Most trusted man in Georgia’ Turns 83

Illia II

Catholicos-Patriarch of All Georgia, the Archbishop of Mtskheta-Tbilisi and Metropolitan Bishop of Abkhazia and Bichvinta, Ilia II turned 83 today. Illia II has been Georgia’s Patriarch since 1977 and has made major changes since Georgia’s post soviet union. He gained trust of most of Georgian people and not only. He has …

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Irish Times Lists Georgia Among Photographs of the Year

Irish Times  includes Tbilisi flood picture of Hippo Begi who was rescued after devastating flood hit Tbilisi zoo among photographs of the year. Author of this picture is a Georgian photographer Beso Gulashvili who works at Reuters, this picture went viral throughout the world’s leading media channels. Photographs of the year …

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Humanity-Georgia A New Pharmaceutical Company Enters Georgian Market

Andrey Kuzma

Humanity Georgia company has entered the Georgian pharmaceutical market. According to the business registry, the company was registered in May 2015. Humanity Georgia will introduce a wide option of medications to the pharmaceutical market in the near future. Quality of the company-manufactured medications is approved by the manufacturer’s EU GMP …

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CEO of Halyk Bank Georgia Evaluates the Year of 2015

Halyk Bank

The Fitch rating for the Georgian bank sector is “Stable”. This signifies considerable reserves of commercial banks will compensate the quality of assets affected by the GEL depreciation. The 36% devaluation was the main challenge in 2015. The bank sector has showed steadiness amid the GEL depreciation, GDP growth slowdown …

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