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Tuesday, 25 September 2018


Estonian business disappointed in Georgia

2011-04-21 15:19

Estonian business expressed disappointment in the issues of cooperation with Georgia. This was reported by GHN with reference to Estonian media. Notably, local periodicals are citing the statements of a number of Estonian businessmen running their business in Sakartvelo territory.


"Our state treats Georgia as a project and this project is almost over", - believes a businessman from Parnu, one of the owners of Port Artur Grupp, Vilio Vetik.

In 2006, his company acquired 60 hectares of land in Rustavi where he had planned to build an industrial zone. However, the project realization stuck.

A similar situation is described by businessman Urmas Grauen who bought Bakuriani Hotel: the hotel also stands idle.

Another large Baltic entrepreneur Thoomas Tol who was once interested in working in Georgia now decided to run no business in the country so far.

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