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Personal Finance

Barambo to Increase its Export Market in 2014

The FINANCIAL -- Barambo, the largest producer of quality chocolate confectionary products in Georgia, plans to increase its production by introducing new kinds of sweets and expanding its ice-cream production line. The company also plans to implement different projects, including charity ones. This year Barambo will be increasing its PR and marketing activities as well.

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Belux: “It’s Important to Build More Offices and Residential Spaces”

The FINANCIAL -- “It’s important to build more offices and residential spaces, as the furniture market depends on the creation of new families who have the opportunity to create comfortable environments,” Mamuka Dolidze, CEO at Belux Holding, told The FINANCIAL.

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DHL Georgia: “Law on Postal Service the Main Challenge for Us”

The FINANCIAL -- A new draft law on postal service that has established the Georgian Post monopoly is not meeting either EU regulations or general conditions of a competitive business environment, said Malkhaz Papelashvili, General Manager at Georgian Express, official representative of DHL Georgia.

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Tea Gurieli Preparing to Enter The Russian Market

The FINANCIAL -- Geoplant LLC, producer of Georgian tea under the brand name Gurieli, is planning to have a 15 % growth of sales on the local market and increasing its share form 12 – 14 % in 2014. This year the company launched its premium segment tea Prince Gurieli along with the herbal tea line.

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The brand popularity is revealed by the preliminary survey making key focus on creative branding-related solutions. Entrees are judged by about 100 experts. Nominee brands are selected by awareness, popularity as well as by their creative advertising campaigns.

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