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Philip Morris Releases A Clarification About Increased Prices on Cigarettes

Philip Morris releases  clarification about increased prices on specific cigarettes. In relation to recent media reports about steep price increases at retail for Philip Morris Georgia LLC products, including MARLBORO and PARLIAMENT, Philip Morris Georgia would like to clarify that it has not made any increase to its prices to …

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Lasha Papashvili Reviews Annual Performance of Private Sector in 2015

Businessman Lasha Papashvili to Start a New Project Next Year

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. Lasha Papashvili The …

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Georgian Wine Export Declined by 47 Percent

36,07 million bottles (0,75 l) wine, cost of 98,1 million USD, are exported in 46 countries through 2015 (2014 – $185 million). Despite the sales decline of 47% (y-o-y), the industry positively estimates 2015 at the background of current challenges and exporting markets.  Year mln bottles 2015 36,07 2014 59,0 …

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Beeline Acquired Caucasus Online

Caucasus Online Beeline

Caucasus Online (LLC Mobitel) is purchased by Beeline. The big deal has been expected at the communication market for several months, after Caucasus Online has made an offer. Active negotiations have been initially held with “MagtiCom” and “SilkNet”. Later, the news was disseminated, that “MagtiCom” was acquiring the asset, which has …

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Embracing European Standards: State-Free Insurance in Georgia

The year of 2015 brought many risks to the Georgian insurance industry. The Tbilisi natural disaster reminded the insurance companies, the Authorities and ordinary citizens that the insurance culture in the country is undeveloped and this direction should be somehow stimulated, even at the legislative level. In 2016, the companies …

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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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