Visionary Georgian entrepreneur Teimuraz Ugulava dies at 56

Teimuraz Ugulava, the founder of Aviator Studio, Adjara Group, and Setanta Holding, has died at the age of 56. He passed away surrounded by his family and children. His death marks the loss of a prominent figure in Georgia’s business world. Ugulava was widely regarded as a visionary entrepreneur. He built innovative and fast-growing companies that shaped industries in Georgia. His leadership, generosity, and forward-thinking approach left a lasting impact on those who worked with him.

Aviator Studio has stated its commitment to continuing his work. The company plans to protect his creations and uphold his vision with the same passion and determination he demonstrated. Colleagues and partners remember him as a driving force behind some of the country’s most successful businesses. His legacy will endure through the companies he founded and the people he influenced. Aviator Studio, Adjara Group, and Setanta Holding will carry on his vision. The impact of his work remains a key part of Georgia’s business landscape.