Philip Morris recognized responsible to pay 70 million to Omega
 Tbilisi 17:16 - 08.01.16 «GHN»
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As per the exclusive information of radio station Tbilisi, the court has recognized Philip Morris – the biggest cigarette manufacturer – to be responsible to pay 70 million USD in favor of Omega.

A while ago Philip Morris terminated 3-year agreement with a Georgian partner company Omega and concluded a new agreement with GD Alcoa Lays, which was supposed to distribute PM’s products in Georgia.

According to the radio station’s source, PM unilaterally terminated the contract with Omega, which became a reason of confrontation and the dispute continued in the court.

Radio station Tbilisi contacted Omega’s representatives. The HR manager of the company said that the company is not aware of any such information.

As per the information of radio station Tbilisi, GD Alcoa Lays’ distribution chain is also paralyzed. They are ready to distribute PM’s products on the market, but they cannot do it until PM compensates damages to Omega.

Prices of Parliament, Marlboro, Chesterfield an L&M has almost tripled since 3 January and vary between 8-12 GEL.

www.heretifm.com

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