The Government of Georgia has adopted

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We are on this path, and as a businessman, I feel this feeling even more strongly than an ordinary citizen, because we have our hands on the pulse of the country's economy. "What could happen, perhaps an ordinary citizen would not imagine, but sometimes we don't sleep 1 out of 2 nights, and considering the situation in which my and my colleagues' businesses could find themselves due to this situation, it scares me to even think about it," says Sandro Ratishvili, President of the Taxpayers' Union and founder of the company "Madame De".


a decree on the implementation of a number of measures to support italy business fax list the activities of "VM Industries" LLC. The fact is that the aforementioned company purchased a 4,946 sq. m. non-agricultural land plot and buildings on it in the village of Anaklia, Zugdidi Municipality, at an auction announced by the National Agency for State Property in 2020 for 5,001 GEL .


According to the investment obligations included in the auction, it was supposed to build a hotel complex with an investment of at least 5 million GEL within 48 months from the conclusion of the contract, that is, by October 30, 2024, however , as it turns out, the company failed to meet the deadlines. By a decree of December 26, 2024, the company's deadline for fulfilling its privatization obligations was extended by one year, until October 30, 2025.