Home / 2014 / October (page 4)

Monthly Archives: October 2014

Georgian Agriculture Cooperatives post successful 2014

Georgian farming, ranches and fishery cooperatives have a total 5 million GEL capital since March 2013when Georgian farmers where encouraged to organise into viable producer groups like – Agriculture Cooperatives. Looking back at the challenges during that period, the Government said the key concern has been to stimulate peasants and …

Read More »

RADISSON BLU INTRODUCES #BLUROUTES FOR FITNESS ENTHUSIASTS

A New Program Will Provide Guests with Running and Cycling Routes at Radisson Blu Hotels Radisson Blu®, one of the world’s leading hotel brands, today announced a new program called #BluRoutes that will provide guests with running and cycling routes at select Radisson Blu hotels. #BluRoutes start and end at …

Read More »

Achievements of Natakhati Fund

(Names of Beneficiaries Replaced for Anonymity) Natakhtari Fund for Vano’s and Soso’s Successful and Independent Life Vano joined the Care for Future project in April 2013. He is 18 years old. He was very small when his aunt took him to an orphanage jointly with his sister. From there Vano …

Read More »

TBC Bank Returns Expatriate Professionals to Georgia

The Company that attracts human capital from abroad Tbilisi – October 23rd, TBC Bank Chairman Mamuka Khazaradze and CEO Vakhtang Butskhrikidze held a news-conference to introduce three new Vice Presidents of the company. Giorgi Tkhelidze, David Tsiklauri and Nikoloz Kurdiani are Georgian expatriates, who have made successful careers abroad in …

Read More »

Gold Alloys Production Volume Falls

On October 22 members of the Economic Experts Club gathered at Radisson Blu Iveria Hotel. The meeting was organized by Initiative of Infrastructure Projects of Georgia and the Association of Young Financiers and Businessmen. The meeting made focus on problems before gold mining and processing in Georgia. Production of gold, …

Read More »

Pollution of the Environment to be Punished by a Fine of GEL 5 000

Environmental pollution will be punished by a fine of GEL 50- 5000 – such measures are envisaged in the draft law on the management of waste that is under consideration in  the Parliament. The purpose of the document is to provide a legal framework and implementation of mechanisms of prevention …

Read More »

Business Taking Initiative to Change VAT System

Representatives of Georgian business applied to the Minister of Finance with several initiatives. Business demands to change the VAT system. Under the current legislation, if the turnover of the company exceeds GEL 100 thousand, theentrepreneur pays   a turnover tax of 18%   in the form of VAT. Upon the initiative of …

Read More »

“Hilton” Hotel not to be Opened Next Year

IDPs should be evicted from the building of the “Sakartvelo” hotel to open “Hilton” hotel, as this problem is not solved yet, the hotel cannot be opened next year. According to the original plan, “Hilton” had to beopened in the former building of “Sakartvelo” hotel in 2014, then the deadline …

Read More »

Hungary to impose world’s first internet tax

Hungary is preparing to impose the world’s first tax on internet usage in the latest example of the unorthodox economic policies being pursued by prime minister Viktor Orbán and his increasingly dominant Fidesz party. Mihály Varga, economy minister, on Wednesday unveiled the plans, which include a charge of Ft150 (62 US …

Read More »

Finance Minister to Meet with Georgian Businessmen

A meeting of Georgia’s Finance Minister Nodar Khaduri and  representatives of the business sector will be held today upon the initiative of the Georgian Employers’ Association  (GEA). The Employers’ Association  is launching a series of meetings  titled ” Business dialogue with the government” which envisages  regular meetings of the business sector …

Read More »