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Vienna Insurance Group invests in Georgian hospital sector

Business Materials 4 June 2010 11:09 (UTC +04:00)

Georgia, Tbilisi, June 4 / Trend, N. Kirtskhalia /

The Austrian Vienna Insurance Group will invest 35 million lari in Georgia's hospital sector.
Investments worth 20 million lari will be implemented through the Gee-Pee-Eye Holding, and 15 million lari through IRAO.

At the expense of Gee-Pee-ay Holding investments within public insurance programs,10 clinics will be built in the country's 12 regions. Construction works will begin in July. IRAO funds will be spent on building six hospitals in eight Georgian regions.

The Vienna Insurance Group is the founder of both insurance companies.

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