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Tag Archives: wissol

Fuel Price Has Increased in Georgia Accordingly to International Market

Fuel price has increased. Growth is from 2 to 5 tetri. The price has been increased of companies such as “Gulf”, “Lukoil” and “Wissol”. Deputy Director General of Lukoil Shavleg Misheladze confirms the price increase at Business Course. According to him, from today “Lukoil” all kinds of fuel increased by …

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Eco Drag – Wissol to Hold Georgia’s First E-vehicles Race 

Eco Drag – Wissol to Hold Georgia's First E-vehicles Race 

Wissol plans to hold Eco Drag – auto race of electric vehicles for the first time in Georgia, jointly with Rustavi International Autodrome.  Drivers of Nissan Leaf vehicles will compete with each other in the tournament. Four-door sedan Tesla, the world’s one of the fastest sedans will compete with petrol-driven …

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New EV Charging Station Opens on Aghmashenebeli Alley in Tbilisi

New EV Charging Station Opens on Aghmashenebeli Alley in Tbilisi

A new electricity vehicles charging station has opened on Aghmashenebeli Alley in Tbilisi.  Wissol company enables drivers to recharge their electric vehicles free of charge on the 13th kilometer of Aghmashenebeli Alley. Solomon Pavliashvili, first deputy Minister of Environment and Natural Resources, attended the charing station inauguration ceremony. At the …

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Foreign Investors Show Most Interest in Court System Performance

The next meeting between the court system representatives, government officials and the business sector representatives will be held in September. The previous meeting discussed judicial systems of various countries, Soso Pkhakadze told the Business Contact. Lack of magistrates and absence of due infrastructure are main reasons for protracted business disputes, …

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Vassil Khorava: Georgia’s Oil Products Market is Very Competitive

Georgia’s oil products market is very competitive”, Wissol company director general Vassil Khorava told the Business Contact. Over the past months oil prices are rising at global oil exchanges and therefore, oil products prices were revised in Georgia too. The Competition Agency has not passed a decision on the case …

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Wissol Group Founder Predicts Slight Weakening in Business Activity

Soso Pkhakadze

Soso  Pkhakadze, Wissol  Group founder and Vice-President of the Business Association, predicts  a slight weakening in business  activity in the election year. In the words of Pkhakadze, the Association member companies’ task is to evolve, to make investments and create jobs. Wissol founder  doesn’t expect substantive changes, although adds that the activity …

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Gulf to Challenge the Competition Agency’s Conclusion in Court

The company Sun Petroleum Georgia operating chain of petrol stations under the Gulf brand intends to challenge the Competition Agency’s  decision in the court. CBW  was told at Gulf  oil company. They say that they are strongly against the Agency’s arguments and imposed fine, as Sun Petroleum Georgia is one of …

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Wissol not Agrees with the Competition Agency’s Conclusion

Wissol company was the first among Georgian oil companies fined by the  Competition Agency  who  responded to the  CA  decision saying  that Wissol Pertrolium did not violate any of the requirements of the competition law. The company plans to further prove its case through the legal ways. Wissol Group always …

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Wissol could Transfer Lomsia Hotel to Foreign Brand

Wissol continues to sell non-core assets. The company’s managing director Vasil Khorava confirmed commersant.ge that the sale of “Lomsia” hotel in Akhaltsikhe is on the agenda and in a case of a favorable offer, “Wissol” will alienate it. Khorava touches on the issue of  alienation of the FC “Torpedo” and says the project is in progress. As for the construction of a hotel …

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