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Wednesday, 23 July 2014 00:00

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Wednesday, 23 July 2014 00:00

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Suspendisse at libero porttitor nisi aliquet vulputate vitae at velit. Aliquam eget arcu magna, vel congue dui. Nunc auctor mauris tempor leo aliquam vel porta ante sodales. Nulla facilisi. In accumsan mattis odio vel luctus.

Suspendisse at libero porttitor nisi aliquet vulputate vitae at velit. Aliquam eget arcu magna, vel congue dui. Nunc auctor mauris tempor leo aliquam vel porta ante sodales. Nulla facilisi. In accumsan mattis odio vel luctus.

Suspendisse at libero porttitor nisi aliquet vulputate vitae at velit. Aliquam eget arcu magna, vel congue dui. Nunc auctor mauris tempor leo aliquam vel porta ante sodales. Nulla facilisi. In accumsan mattis odio vel luctus.

The FINANCIAL -- Gori Baby Feeding Cannery Kula, which produces ecologically clean fruit and vegetable juices, has added a new line to its current range of products. The company has started producing six sorts of sugar-free juices. The company has had 40 percent growth in sales in 2014 compared to 2013.

The FINANCIAL -- “We have great competition,” said Tengiz Patsatsia, Founder of Geopast. “This competition is because of the large amount of products that are imported from abroad. There is an unequal competition environment on the market. The imported products from Azerbaijan and Kazakhstan are cheaper. However, the Georgian Government could be doing something to regulate this.”

The FINANCIAL -- During recent years the bankruptcy of large supermarket chains as well as small ones has had a huge negative impact on distribution companies. The total debt of obligations amounts to hundreds of thousands. Mziuri Ltd, one of the leading trading and distribution companies in Georgia,demands greatercontrolfor meeting obligations by retailers. Due to its good management Mziuri ended the year 2013 with 10-15% growth. However, the unexpected drop inthe GEL in November 2013 was an additional reason for the difficulties encountered by importers in Georgia, with Mziuri being no exception.

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.

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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