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Daily Archives: August 5, 2014

Work on a Mountain Law Hindered

Due to changes in the government, discussions on a mountain law have been postponed. The first meeting of the Interagency Commission  chaired by the Minister of Infrastructure scheduled for  last month has not been held. According to Otar Konjaria,” the Inter-agencyCommission  is expected to be staffed this week andthe discussions on the mountain law will start in September. As a member of the commission working on the …

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National Wine Agency Helps “Tsinandali Old Cellar” in the Search of New Markets

A company taking part in the preferential agrocredit program expands a list of exporting countries.According to Director of “Tsinandali Old Cellar Ltd.” Eldar Mildiani,  the National Wine Agency helps in planning and organizing marketing activities andthrough them the company will possibly expandexports to the Chinese market. Mildiani says  the company already sells wine in the Chinese market, but now they are talking about a much larger scale. In his …

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Another Georgian Qvevri Wine to be Exported to Europe

A company participating in the preferential agrocredit program launches to bottle a qvevri wine.Director of “Shalauri Wine Cellar Ltd. ” David Buadze says that the company will bottle qvevri wine  for export for the first time. He notes  that at this stage Italy, France, Slovenia and other European countries are in the export list. …

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Changes Made in “Produce in Georgia” Program

Changes are made in  the government-led  program  “Produce  in Georgia” – in particular, a limit of maximum amount that may be issued as a credit was removed. In addition, availability of financial resources is simplified as well, in particular by reducing the rate of a collateral on credit in  real estate. According to Deputy Minister of …

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Solidarity Fund to Finance Treatment of Children with Cancer

Patients with cancer diseases will be financed by the Solidarity Fund, which will satisfy the first beneficiaries from September 1. In the first phase patients with solid tumors under 18 years will receive  financial assistance and after necessary financial resources are mobilized ,the age limit will increase  to  22 years. The Fund has …

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“MariGroup” to Invest USD 12 Mln in Hotel Business in Batumi

“MariGroup”  company will  invest  USD 12 million in hotel business in Batumi. The company owns “Sanapiro” and “Marina” hotels and opens another four-star hotel “Marina Coliseum” in Batumi. According to the company’s Director Alexander Akhvlediani, the Coliseum- shaped  hotel will be a 10 – storey building and will consist of  107 rooms. The project is being carried out …

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