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Monthly Archives: October 2014

Regular Flights from Russia to Georgia to Start on October 28

The Civil Aviation Agency  will take a decision on the restoration of  direct regular  flights between Russia and  Georgia in a few days,  the first flight will be performed at the beginning of the winter season,  on October 28. Several Russian airline  companies  will be able to fly to Georgia. …

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Chamber of Commerce to Set up a Business Incubator

Georgian Chamber of Commerce and Industry set up  a business-incubator. According to the Chamber of Commerce and Industry ,  the Georgian market is devoid of business ideas in IT technologies. Our students often do not have the opportunity to implement the ideas at their own cost. For this reason, the …

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Tbilisians to Get a Voucher Worth GEL 100 in Winter

The residents of Tbilisi will get vouchers whichwill be divided into  5 months. The new governmentof Tbilisi continues the old project this year as well. According to Vice-Mayor of Tbilisi  Alexander Margishvili, this year’s budget envisages  the funds that will be  allocated for vouchers in  November – December as well as …

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Insurers Leaving Agro- insurance Program

About 2 months have passed since the agro-insurance project was launched, and during  this period 6 000 policies have already been issued.According to  the Project Management Agency under the Ministry of Agriculture of Georgia, the number of issued policies will grow when  insurance companies will get more information about the …

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“Hualing”: The Chinese Migrate to more Developed Countries than Georgia

An interview with  Director-General of the Chinese corporation “Hualing” Wang Xin Fu How is  the construction of the Olympic Village going in Tbilisi? Are not there any problems?  Everything is going according to plan. Construction has been completed, now  interior works are underway. We have a great demand for professionals …

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Tbilisi City Hall Working on “New Tbilisi” Project

Tbilisi City Hall  is preparing a project ofdevelopment of  Tbilisi. According to Deputy Mayor Alexander Margishvili, the program provides offloading of the main streets and the development of new districts, a special commission is already working on this issue, and the document will be ready by December. Developmentcompanies are also …

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“CARTU” Abandoned Agro Insurance

One  month after  the launch of agro insurance project, the insurance company “CARTU” has abandoned  the project. The company stopped selling the agro- insurance policies about 3 weeks ago. The insurance company does not talk about the reasons for leaving the project. According to “Cartu”, an official information on the withdrawal …

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Azeri Company Trying to Monopolize the Georgian Soy Market

A soybean processing plant is talking about an attempt of a foreign company to gain a monopoly on the Georgian market. “Unigrain Georgia Ltd.”  is forced to  work in  a toughcompetition. According to the plant  Director GeorgeAdeishvili,  the Azerbaijani company is trying to minimize the profitability on the Georgian market, …

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Best Western Hotel to Open in Gudauri

The new three-star hotel will open in Gudauri. According to sales director of  “Marco Polo” hotel  Irakli Mamporia, investors have invested USD 2 million in the low-cost “Marco Polo” hotel. He says  internal repairs are going on in the new building at the stage which is likely to be opened …

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GEORGIAN OIL MARKET FACES UNPRECEDENTED CHAOS

After July, oil prices, and consequently, fuel prices decreased by almost 25%, while  in Georgia petroleum products fell only by 2.5% – this means that chaos reigns on the Georgian oil market that  has never occurred  before – “Rezonansi” newspaper writes. A long and steady decline in oil prices has …

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