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Tag Archives: Vano Mtvralashvili

Whether Oil Companies Raised Fuel Prices before Upturn in Excise Tax

Starting January 1, 2017 excise tax has increased on automobiles and fuel. «Excise tax will increase on imported vehicles and I would like to note that excise tax will be several times lower compared to rates in neighboring countries. Excise tax will  also increase on oil products», Prime Minister Giorgi …

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Low-quality Fuel or Campaign against Small Companies

According to the information spread several days ago, several non-branded companies trade in low-quality fuel. This statement was released by Vano Mtvralashvili, president of Union of Oil Importers of Georgia, in his interview with Radio Palitra. Many consumers make the fuel quality questionable, he said. “Today many operators work on …

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Whether Fuel Prices Keep Rising


Several days ago, fuel prices increased in major parts of refueling stations in Georgia, with the average upturn per liter making up to 5-6 Tetri. The Caucasus Business Week (CBW) has examined reasons for growing fuel prices all over the country, as well as expected tendencies for the future. “An …

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Georgian Oil Market Tendencies of 2015 at a Glance

Vano Mtvralashvili

55 million GEL Fine by the competition agency, GEL devaluation and global tariffs volatility – these main factors have determined the Georgian oil products market tendencies in 2015. In his interview with the Caucasus Business Week, Vano Mtvralashvili, the head of the Union of Oil Products Importers, overviews the 2015 …

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Oil Companies to Sue the Competition Agency’s Conclusion


Georgian oil companies are going to make a lawsuit against the Competition Agency’s decision until August 15. According to the CEO of Wissol,  the management is currently working on a claim to be filed in court. “We have a lot of materials, lawyers should get acquainted with them and prepare a …

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