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Tag Archives: Georgian Healthcare Group

GHG to Invest 50 Million in the Hospital Sector this Year

GHG to Invest 50 Million in the Hospital Sector this Year

Georgian Healthcare Group will implement investment of several million in the hospital sector, – Nika Gamkrelidze, head of the Group has declared to BusinessContract. According to him, two new hospitals will be opened this year and the Group will spend 50 million USD. “We are one of the largest investors …

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Georgia Healthcare Group Profits in 2016 Marked 61 million GEL

Georgian Healthcare Group (GHG) has finished the year of 2016 in success. The company notified investors about growth in financial indicators on February 15 and submitted a detailed report. The company’s profits in 2016 marked 61.3 million GEL (18.8 million GBP). Annual growth marked 159.7%. Profit per share marked 0.39 …

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GHG’s Share Increased in Price by 14%

GHG’s Share Increased in Price by 14%

“Georgian Healthcare Group’s” (GHG LN) shares were traded at the “green zone” in the last week in London”. According to Galt& Taggart, Georgia Healthcare Group’s (GHG LN) shares closed at GBP 1.79/share (+0.28% w/w and +13.91% m/m). More than 34k shares were traded in the range of GBP 1.76 – 1.82/share. Average …

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Price of Bank of Georgia Shares Rise at London Stock Exchange

Price of Bank of Georgia Shares Rise at London Stock Exchange

The price of Bank of Georgia shares (BGEO LN) increased by 18.2% at  the London Stock Exchange (LSE). The session week closed by 19.13 GBP (15-20 November) (+18.23% w.w.).  The maximum price made up 19.62 GBP and the minimum price marked 16.58 GBP, according to G&T. In the reporting week …

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GPC Network of Pharmacies Sold

Georgian Healthcare Group (GHG) has bought a 100% stake in GPC pharmaceutical company. The deal value made up 14 million USD. GHG will pay 85.7% of the mentioned sum upon the agreement signature, while the remaining 14.3% ratio will be paid off in a year after successful completion of the …

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Georgian Healthcare Group yields New Life to Aversi

“Georgian Healthcare Group” has become sole holder of Iashvili Hospital. The company has already acquired 33,3%-share, remained in referral hospital, from “Aversi Clinic”. The alienation has been made by “Unimedi Kakheti”, member of GHG. As a result of the agreement achieved between the sides, “Aversi” has received 1 million USD on cash instead of 33,3% in Iashvili Clinic and no later than May 3, 2016, clinic “New Life” will be transferred under its ownership. The mentioned clinic has a maternity profile. As a result of transactions, GHG holds 44 healthcare facilities with 2 588 beds.

“Georgian Healthcare Group” has become sole holder of Iashvili Hospital. The company has already acquired 33,3%-share, remained in referral hospital, from “Aversi Clinic”. The alienation has been made by “Unimedi Kakheti”, member of Georgian Healthcare Group. As a result of the agreement achieved between the sides, “Aversi” has received 1 million …

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