(+995 32) 2 202-215

Ongoing Topics

5th Genetal meeting of the Business Association of Georgia

20 Nov '17

On November 17, 2017 5th joint session of the Business Association of Georgia was convened in Tbilisi Mariot Hotel, which elected the President, Vice President, Supervisory Board and the Board of Trustees of the Association.

Before the elPresident of BAG George Chirakadze and CEO Irakli Aslanishvili of BAG presented to the members of the Association the report on activities undertaken over the recent two years.

Past two years have been essential for the Business Association of Georgia. Since its foundation, BAG has been resolutely moving forward with the aim to develop into an objective and impartial institution enjoying a high degree of independence, with the purpose to conduct dialogue among the state, businesses and the society.

The Association managed to maintain the founding principle defined at the outset of its establishment - being free of political affiliation - and as a result the Business Association of Georgia as an organization enjoys a high mandate of confidence.

Business Association of Georgia, through its close cooperation with the executive and legislative branches of the government, international organizations and nongovernmental sector, was able to undertake numerous positive measures in order to improve business environment. It is equally important that the instruments of effective communication developed through the efforts of the organization provide for the dialogue with the government and constant upgrading of the business environment.

Over the recent period, the Association was actively involved in the process of developing the regulatory legal basis for businesses; moreover, the Association has itself been an author of number of initiatives.

Within the frames of the joint session of the Association Members, elections of government bodies of the Association was conducted, which resulted in electing George Chirakadze for another two-year term on the post of the President of the "Business Association of Georgia". He was unanimously elected for this position. First Vice President of the Association will be Samson Pkhakadze, and Lasha Papashvili will serve as the Vice President of the Association.

There are some changes within the Supervisory Board of the Association, members of which have been elected through the open ballot held among the Association members (in alphabetical order):

Chirakadze George (UGT)

Devadze Giorgi (Transmsheni)

Gamkrelidze Nikoloz  (GHG)

Gegechkori George (Rakia)

Gegenava Archil (Foodmart)

Gelenidze Zurab (GIG)

Katamadze Nugzar (Petrocas Energy Group)

Khaindrava Nato (Cartu Bank)

Kiknavelidze Kakhaber ( Bank of Georgia)

Kikvadze Zaza (IDS Borjomi)

Kiladze Davit (IDL)

Kontselidze Archil (VTB Bank)

Kurtskhalia Giorgi (Magistyle)

Kvaratskhelia Giorgi (Lilo Mall)

Papashvili Lasha (Redix)

Pkhakadze Samson (Wissol Group)

Urumashvili Efrem (Nodia, Urumashvili & Partners)


Members of the session also appointed members of the Board of Trustees (names are provided in alphabetical order):


Bezhuashvili David (GIG)

Chirakadze George (UGT)

Darchiashvili Gocha (GD Group)

Gaiashvili Tamaz (Georgian Airways)

Gilauri Irakli (BGEO Group)

Gurgenidze Vladimer (4 Finance)

Khazaradze Mamuka (TBC)

Kokhodze Temur (Tegeta Motors)

Kurtanidze Paata (Aversi)

Makatsaria Khvicha (Caucasus Online)

Nakaidze Ivane (Petrocas Energy Group)

Nishnianidze Zaza (Sharm Trading)

Okriashvili Kakha (PSP)

Papashvili Lasha (Redix)

Pipia Roman (Loyal Capital Group)

Pkhakadze Samson (Wissol Group)

Ramishvili Giorgi (Silk Road Group)

Somkhishvili Tamaz (Ideco)

Tavadze Giorgi (Sante GMT Products)


There are seven committees in the Business Association of Georgia:


Tax and Customs Committee - Chairman: Zurab Lalazashvili

Finance Committee – Chairman: Vakhtang Butskhrikidze

Legislative Framework Development Committee – Chairman: Lasha Nodia

Tourism Development Committee - Chairman: Giorgi Marr

Agrarian Committee - Chairman: George Margvelashvili

Energy Committee - Chairman: Levan Vepkhvadze

Environment Protection Committee - Chairman: Irakli Nozadze

As a reminder, eight years have passed since the establishment of the "Business Association of Georgis". Up to seventy companies have joined the association so far and it has been actively involved in the process of improving the business environment in the country.