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Daily Archives: July 23, 2014

“River Island” Leaves Georgian Market

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Another well-known clothing and accessories brand, “River Island”,  leaves the Georgian market. Thestore’s management does not comment on thespread information. “Commersant” reports that “River Island” has not justified on the Georgian market and will share the fate of “Debenhams” in the near future– the store will announce discounts soon and will begin to prepare for leaving the market. “River Island” has been operating in Tbilisi for more than two years. As reported, the British …

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New Electricity Tariff to Come into Effect from September 1

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An interview with the Chairman of Georgian National Energy and Water Supply Regulatory Commission (GNERC) Irina Milorava What is a new methodology for calculatingtariffs for electricity, which was developed bythe Commission? We presented two methodologies – one incentive associated with the rate on the distribution, the second concerns the generation and transmission, which provides an annual tariff revision.  An incentive rate  includes the following principles – …

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Russia may Impose Sanctions against Ukraine, Georgia and Moldova

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Introduction of non-zero duty for imports from Ukraine, Moldova and Georgia is not the only possible answer of Russia to the Association Agreement with the European Union signed by the three countries. Moscow may impose restrictions on trade with its neighbors following the example of Western sanctions, government documents say. However, this scenario is fraught with proceedings in the …

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Georgian Wine Museum not to Have Analogues in the World

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The Georgian Wine Museum, which has  no precedent in the world, will be given the status of a National Museum. Director of the National Wine Agency  Levan Davitashvili  told commersant.ge. According to him, there is no country where the wine museum has a status of the National Museum and  such institutions are established with private …

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Entrance into the Martvili Canyons to be Paid

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A contest to arrange the Martvili canyons infrastructure has been held and a winner has been revealed. New details about the project and the contract will be known this week, until then, it’s interesting  who and how will serve local and foreign tourists arrived in the Martvili canyons and where the …

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