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Ambassadori Island Batumi Team Presents Georgia’s Investment Potential in Poland

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In a strategic move to solidify its international positioning, a delegation from Ambassadori Island Batumi is continuing its information campaign throughout October across three major Polish cities - Warsaw, Wrocław, and Katowice - to enhance the visibility of both the project and Georgia as an investment destination. This initiative is a key component of the company’s large-scale investment strategy, which aims to effectively showcase Georgia's robust economic potential to European markets.

The events, organized by Polish partners Exclusive Poland and featuring participation from the BNI (Business Network International), Inter-Car Silesia Mercedes-Benz, Cashify, and FEN, with media support from Strefa Nieruchomości and Business Insider, provide a crucial platform for high-level meetings and the establishment of connections with Polish business representatives. Notably, BNI is recognized as one of the largest networking business organizations globally and within Poland.

This large-scale campaign is a direct continuation of the strategy launched in Warsaw in June of this year, which generated significant interest among Polish investors. The initiative subsequently progressed to the city of Wrocław, where the meeting was attended by over 70 interested parties. A substantial increase in the number of participants is anticipated for the remaining events in October.

The presentation of the Ambassadori Island project in Wrocław was attended by Wojciech Wróbel, the Honorary Consul of Georgia in Wrocław.

This collaboration between Georgian and Polish stakeholders represents a further definitive step toward establishing robust, mutual, and long-term economic relations between the two countries.

The Ambassadori Island Batumi project aims for the formation of two artificial peninsulas and one artificial island across 84 hectares in the Black Sea aquatory. The project is being executed through a collaboration between the Ambassadori Group and various international companies, strictly adhering to the highest principles of smart city development and sustainability. The project holds significant economic and tourism objectives for the region, positioned to place Batumi, and Georgia generally, on the global investment map.

It is noteworthy that the first phase of the project, encompassing a land area of 26 hectares, has already been officially commissioned.





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Bussines
image EBRD promotes domestic production of pharmaceuticals in Uzbekistan

08.01.2026.17:08

  • EBRD provides US$ 20 million to Nika Pharm
  • Company to increase its production capacity, achieve GMP certification
  • Project will stimulate local production of medicines

The European Bank for Reconstruction and Development (EBRD) is promoting further growth in domestic production of pharmaceutical products in Uzbekistan by supporting the operations of leading local manufacturer Nika Pharm. 

Nika Pharm will use the EBRD loan of up to US$ 20 million to restructure its balance sheet and upgrade equipment and facilities in order to increase production capacity, improve product quality and bring the entire manufacturing process into compliance with the Good Manufacturing Practice (GMP) standards of the World Health Organisation’s certification scheme.

The company has been an EBRD client since 2021 and is a well-established producer of tablets, capsules, sachets and nasal sprays for use in the treatment of common colds, as well as in gastroenterology, paediatrics and urology. During this time, Nika Pharm has become a leader in several key segments, including decongestants, and has shown strong and sustainable growth by replacing imports with high-quality local production.

The project will help to expand Nika Pharm’s manufacturing base, improve its sustainability and efficiency, and lead to an average 140 per cent increase in the company’s production of generic pharmaceuticals and prescription drugs. Together with GMP certification, this will allow Nika Pharm to strengthen its position both domestically and regionally.

Uzbekistan’s rapidly growing pharmaceuticals market, which is set to expand by a further 10 per cent by 2029, is dominated (around 75 per cent) by imported medicines. The project will help contribute to the government’s plan of eventually bringing the share of locally produced pharmaceuticals to 80 per cent.

The EBRD has invested over US$ 6.6 billion in Uzbekistan to date through 196 projects, with the majority of those funds supporting private entrepreneurship, contributing to the country’s economic development.

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