The FINANCIAL — The Union of Oilproducts Enterprisers, Importers and Consumers acknowledged the largest taxpayer in the oil products sector.
SOCAR Georgia Petroleum Ltd was named the winner in the nomination “The largest taxpayer to the state budget of Georgia” as the amount of the sum paid totalled 162,000,000 GEL. The winners were evaluated according to the best indicators of 2009.
The oil companies were awarded according to ten nominations. Wissol Petroleum Georgia was awarded in four of them as the company was named as the biggest employer in the sector with 1886 Wissol teem member, as the owner and operator of the widest network of filling stations with 75 service centres throughout Georgia, 35 in Tbilisi and 40 in other regions. The company was also awarded for high sense of Corporate Social responsibility and considerable input in Georgian state budget.
General Director of Wissol Petroleum Georgia Vasil Khorava said that each award and nomination are very important for them. “The company has won four awards, and despite the hard year Wissol increased its number of employees and petrol stations. To hold similar events is very important because every nomination is another confirmation of the quality of the company and its products. The awards also bestow more responsibility on consumers to help our company and its activities become more successful." Wissol is the exclusive distributor company of Euro 5 standard Italian petroleum in Georgia, the highest quality available.
SOCAR was also nominated in “The Network of Petrol Stations with the Best Infrastructure”; “The Largest Investment Made in Georgia in 2009” (amount of investments reached 30,616,032 GEL).
“SOCAR is the largest taxpayer to the state budget and we are very proud of that. From the year 2007 we have been the largest taxpayer to the budget and we are not going to stop this tradition. As our network increases, the more taxes will be paid to the state budget in following years too,” David Zubitashvili, Director of SOCAR Georgia Petroleum, told The FINANCIAL.
In 2010, SOCAR Georgia Petroleum plans to sell 415,000 tonnes of petroleum products to the Georgian market compared to more than 406,000 tonnes in 2009, according to Trend Capital news agency. Of the total volume of oil products sold in 2009 in the Georgian market, 109,500 tonnes fell to petrol, 174,000 – diesel fuel, 30,000 – aviation kerosene, 7,170 – petroleum bitumen, and 4,500 tonnes – fuel oil.
“Supporting honest business has very high importance because tax payers are those people who help increase our budget which is dedicated for social usage. It is dedicated to giving out salaries, pensions and building society payments which is holding the country together. That’s why it is most important to foster and encourage sincere businesses, rewarding them and labelling them heroes as it they who pay so many taxes to their country. I am very happy with the situation today. Many things were destroyed during the war and ensuing crisis and it was the business sector that continued to add to the country’s budget,” says Rusudan Kervalishvili, Vice Speaker of the Parliament.
Deputy Chairman of the Board of Directors of Wissol Petroleum Georgia Levan Pkhakadze said he thinks the annual oil awards help encourage companies to perform their best.
“The annual oil awards help to encourage companies. The event is being held for the sixth time and in particular it’s an annual evaluating resume organized by the Union of Oil products Enterprisers, Importers and Customers. It is a big incentive for each company to perform the best when the Union is objectively evaluating their effort and operation throughout the year,” says Levan Pkhakadze, Deputy Chairman of the Board of Directors of Wissol Petroleum Georgia.
Wissol invested more than 20 million GEL in the chain’s development in 2009 and won the award for “The biggest tax payer oil company”.
“The more taxes that are paid, the more people are employed in our country and in the capital, more investments and a strengthening economy which leads to success for each of the citizens of the country. I think that active economic indexes are followed by the individual prosperity of each and every citizen of the country,” says Mamuka Akhvlediani, Vice Mayor of Tbilisi.
“I think that the active economic effort of these companies and investments and taxes paid by them are one of the most important things for the country’s development,” Akhvlediani says.
The Black Sea Terminal, Ltd (Kulevi Oil Terminal) was nominated as the “Oil and Oil products Terminal with the best Infrastructure”.
“The Best Foreign Oil Company” was awarded to Lukoil.
GT Group was named the Largest Payer to the State Budget among Oil and Lubricants Importers with the amount of 1,419,876 GEL.
“The desire of the companies to become winners is quite high,” Ivane Mtvralashvili, the head of the Union of Oil products Enterprisers, Importers and Customers, said.
Mtvralashvili adds that the amount of money added to the state budget from the oil products sector has significantly increased over the years.
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