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Tag Archives: Nikoloz Gamkrelidze

Georgian Healthcare Group to Make $50 million Investment in 2018

Nikoloz Gamkrelidze

Nikoloz Gamkrelidze, head of Georgian Health Group (GHG): GHG is a major actor on this market and is represented in all segments of this market – hospital, insurance or pharmaceutical. Various challenges exist in each of them and there are various types of opportunities too. The year of 2017 was …

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Review: Healthcare Industry in Georgia in 2017


State budget allocations for health sector grows every year. Despite similar growth, the answer to the question: who spends more on healthcare – government or citizens, does not change. The issue of valuable services remains unchanged too. According to the last indicators, the government’s ratio in total health expenditures accounts …

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Georgia Healthcare Group Purchased Private Label Cosmetics Brand “Attirance”

Georgia Healthcare Group PLC (the “Group” or “GHG”) announces that its pharma business has acquired the international private label brand – “Attirance”. Attirance specialises in natural cosmetics and personal care products, and has developed more than 400 of its own unique products/recipes. The acquisition is in line with GHG’s strategy …

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Georgia Healthcare Completes Renovation Of Tbilisi Hospital


Georgia Healthcare Group PLC said Monday it has completed the renovation of its Sunstone referral hospital in the Georgian capital of Tbilisi. London-listed Georgia Healthcare said the hospital has 220 newly renovated beds and 332 beds in total, with the first phase of its opening beginning immediately. The full launch …

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Georgia Healthcare Completes ABC Acquisition

“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.

Georgia Healthcare Group announced on Friday that, following the receipt of regulatory approval, it has now completed the acquisition of JSC ABC Pharmacia, the fourth largest pharmaceutical retailer and wholesaler in Georgia. The London-listed firm said ABC will be merged with GHG’s existing pharma business with immediate effect. “This further …

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Proparco to fund Evex $25 mln

Proparco to fund Evex $ 25 mln

Georgia Healthcare Group PLC (the “Group” or “GHG”) announces that its healthcare services business subsidiary (“Evex”), the leading private healthcare service provider in Georgia, and the European Development Financial Institution, Société de Promotion et de Participation pour la Coopération Economique (“Proparco”) have signed a US$ 25 million loan agreement. The …

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