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15 September, 2018 16:17

We call on the government again to let Omega Group operate – Omega Group releases a statement

Omega Group has released a statement regarding the recent developments around the company.

“You know that the financial problems for Omega Group have been caused intentionally by the government. This is the result of the unhealthy situation – dumping, on the tobacco market, which is created deliberately. For many years, despite our numerous addresses, the government has been refusing to apply to the measures of administration stipulated under the Law of Georgia on Competition and the Law of Georgia on Tobacco Control and this approach has incurred huge harm on the company. Moreover, during the past 18 months, the government suspended the operation of Omega Group three times and during the past two months, the government has been refusing to issue excise marks to the company, which has totally paralyzed us.

All this affects the ability of Omega Group to fulfil its tax obligations, to pay salary to about 1500 employs and to comply with the obligations the Omega Group has before its local and international partners, among which there are eight automobile companies and bank institutions.

It is worth noting that the fair and legal requests raised by the company for consideration have been ignored by the ministry of finance and the company, which has contributed over 1,5 billion GEL to the state budget and made over 200 million GEL British investments in the country during the past five years, has been put into such situation.

We are concerned on the problems, which we are facing with our partners as a result of these developments, however, all this is caused by the pressure from the authorities and with these actions Omega Group is being destroyed.

We call on the government once again – to give Omega Group the possibility to operate and thus comply with its obligations fairly and faithfully,” – says the statement released by Omega Group.

PASHA Bank cleaned up Krtsanisi Forest-Park as a part of its CSR activities

3 May, 2019 , 16:10

PASHA Bank cleaned up –all the 210 hectares of Krtsanisi Forest-Park (also known and Ponichala Reserve). In 2018 PASHA Bank joined a larger scale environmental campaign by CENN – “Keep Georgia Beautiful

PASHA Bank’s CSR activity to congratulate Easter

30 April, 2019 , 10:10

PASHA Bank traditionally congratulated Easter to its partners and employees by joining yet another environmental campaign. This year the Bank financed planting of one hundred Maple and Eldarica Pine trees in Tbilisi. The

Fresco Founder`s New Accusations to Authorities - Sopromadze Accuses Government Officials of Oppression

17 April, 2019 , 14:23

Fresco"s founder"s new allegations against the government Vasil Sopromadze blames state officials for another pressure and points to Tbilisi high officials of the City Hall. Tbilisi Vice Mayor was accused of serious alle

38% of the population think that Partskhaladze is close to Ivanishvili and informally takes care of his business – “Transparency”

15 April, 2019 , 14:15

Otar Partskhaladze is being protected by the government- claims 48% of the population polled by “International Transparency Georgia”. According to the research NGO “International Transparency Georgia&rd

Zurab Abdushelishvili, the person involved in Omega’s scandalous case was appointed ambassador

27 March, 2019 , 16:00

Zurab Abdushelishvili, the businessman close to the government,  was appointed ambassador of Georgia to Uzbekistan. The newly-made diplomat's name is associated with a number of high-profile scandals. Abdushelishvil

Mr. Ivanishvili attacked Omega Group - Fadi Asli

22 March, 2019 , 19:25

Bidzina Ivanishvili became the number one obstacle and liability for the business and investment climate in this country, - says the open letter addressed by the Chairman of the Executive Board of the International Chamb

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