
Borjomi water to be ‘partially nationalised’
The owners of struggling Georgian mineral water producer Borjomi are to transfer a part of the company’s shares to the government free of charge, the company has announced. On Thursday, Borjomi told OC Media that following negotiations with the Georgian Government, the producer’s controlling company had submitted a formal proposal to transfer the shares. Russian Oligarch Mikhail Fridman, who has been sanctioned by the West over the Russian invasion of Ukraine, owns a controlling stake in Bor