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Sales of Beer Companies almost Halved

A traditional beer festival organized by Natakhtari company will not  be held in the capital and regions this year. The reason, as the company explains, is an increase in the excise tax on beer resulting in sales decline. “We have several times urged the government to revise its decision to …

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Batumi Hosts Ajara Business Week’s Presentation

An official presentation of the Ajara Business Week (ABW), a new English-language business-economic weekly, was held at Hilton Hotel in Batumi, the Autonomous Republic of Ajara. The event was attended by representatives of the local business sector and the local government, interested audience and the media sector. The presentation was …

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Casino CAMPIONE Starts Operating In Batumi

Casino Campione

CASINO CAMPIONE OVERVIEW Casino Campione Batumi is a modern, innovative and stylish gaming facility located on the Batumi Black Sea Coast. The luxurious complex that provides comfort and superior customer services, Casino Campione, is the best place to try your luck, whether your prefer high bets or smaller ones. Casino …

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Competition Agency Intends to Examine Flour and Pharmacy Markets

The Competition Agency has revealed the presence of cartel agreements on the Georgian fuel market and fined five largest oil companies 55 million GEL. According to the expert, the next markets the Agency will examine will probably be flour and pharmaceutical markets. “In regard to the oil companies, we are …

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Adjaristsqali Georgia CEO: Company Is A Success, When It Demonstrates Responsibility for The Country And The Society, In Which It Does Business

Adjaristsqali Georgia LLC has a new CEO Ronny Solberg. Mr. Solberg has got multiyear work experience on top managerial positions in many countries. Ronny Solberg has contributed to the successful implementation of several multimillion projects. – Mr. Solberg, how useful is the implementation of hydro power projects for the Georgian …

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Gulf to Challenge the Competition Agency’s Conclusion in Court

The company Sun Petroleum Georgia operating chain of petrol stations under the Gulf brand intends to challenge the Competition Agency’s  decision in the court. CBW  was told at Gulf  oil company. They say that they are strongly against the Agency’s arguments and imposed fine, as Sun Petroleum Georgia is one of …

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Georgian Prime Minister Instructed Finance Minister to Postpone Mandatory Labeling of Non-alcoholic Beverages

Prime Minister of Georgia Irakli Garibashvili instructs Finance Minister Nodar Khaduri to postpone compulsory labeling   of non- alcoholic beverages. “Manufacturers of alcoholic beverages have asked the Prime Minister of Georgia Irakli Garibashvili to defer the mandatory labeling of the products. Ministry of Finance prepared a draft, according to which the …

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Georgian Railway Sets up Special Commission for Settlement of Labor Disputes

According to the 2013-2015 collective agreement and additional agreements with the Georgian Railway’s trade unions, a special commission has been set up for settlement of labor disputes. The commission is staffed by representatives of the Georgian Railway Trade Union and the Georgian Railway Workers’ New Trade Union. The commission operates …

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Wissol not Agrees with the Competition Agency’s Conclusion

Wissol company was the first among Georgian oil companies fined by the  Competition Agency  who  responded to the  CA  decision saying  that Wissol Pertrolium did not violate any of the requirements of the competition law. The company plans to further prove its case through the legal ways. Wissol Group always …

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Construction of Cube Tower Starts in Batumi

Cube Tower hotel will be built in Batumi with Azerbaijani investment. According to  Mikheil  Dzodzuashvili,  Director of Adog Georgia company engaged in  the  hotel construction, works will start in about ten days. A few days ago Adog Georgia signed a contract with  the construction company ANAGI. Dzodzuashvili says that at least …

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