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Daily Archives: November 17, 2014

CITY IN CITY – FROM DIRSICHALA TO MODERN RESIDENTIAL COMPLEX

Everything started in 2012. Azerbaijani investment holding AS Group Investment appeared in Georgia and founded AS Georgia subsidiary. The latter launched constructing a residential complex of DIRSI in 2012. A major part of the society skeptically met the project. They used to assert the company would fail to meet the …

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“GAMOUVALI MDGOMAREOBA” WITH FOODPANDA

There’s no “Gamouvali Mdgomareoba” without foodpanda! The German brand started operating on the Georgian market on March 21th, 2014 and has already gained the interest of a large part of society. As a matter of fact, food ordering on their online website – www.foodpanda.ge – has become more demanded than …

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FIND OUT WHAT YOUR FAVORITE PIZZA SAYS ABOUT YOU

It’s time for lunch on www.foodpanda.ge! Traditionally, pizza reigns as king during lunchtime. It’s in demand in offices, homes, birthday events, everywhere. They say our appearance speaks for us, but our appearance is most dependent on what we eat throughout the day. And on how we eat, to be more …

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GEPRA CONTEST WINNERS REVEALED

On November the 10th GEPRA held the awards ceremony for its issued contest in the Georgian Parliament’s National Library. Members of the judges board Gia Gugushvili, Tamaz Varvaridze, Goga Chanadiri, Ekaterine Zhvania and Soso Galumashvili found the winner in Eto Zirishvili, who was presented with the grand prize by GEPRA’s …

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CIGARETTE PRICE RISES AGAIN

The government plans to introduce the ad valorem tax on tobacco and increase the excise tax on tobacco products. As a result, cigarette prices may rise by about 5%. The raising of excise taxes is part of the government program to fight against smoking, and according to the government officials, …

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NABEGHLAVI AND BAKHMARO INTRODUCED TO 27 COUNTRIES

The number of countries where our products are exported will increase from 2015 Healthy Water (“Tskali Margebeli”) was established in 1997 and shortly became a successful and consumers’ favorite brand. After such significant achievement the company’s founders started to think and focus on agriculture development. As a result, two related …

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EY ENTREPRENEUR OF THE YEAR 2014 GEORGIA – MAMUKA KHAZARADZE

Mamuka Khazaradze, TBC Group, was named the first EY Entrepreneur of the Year Georgia on a Gala Awards Ceremony held in Radisson Blu Iveria Hotel. EY Entrepreneur Of The Year™ is the world’s most prestigious business award and is held in 145 cities of more than 60 countries for 28 …

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IMF’s Tbilisi Office Presented a New Report

November 17, Tbilisi — IMF’s Representative Office in Georgia held a presentation of its annual report “Regional Economic Outlook for Caucasus and Central Asia” at Courtyard Marriott. Representatives of the government, the National Bank of Georgia, economic think-tanks, business associations, international organizations, ambassadors and economic attaché of the diplomatic corps …

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H&M’s October sales up 14 percent, above expectations

Hennes & Mauritz, the world’s second-biggest fashion retailer, posted on Monday a 14 percent rise in October sales from a year ago, beating forecasts. Analysts polled by Reuters had on average predicted a 10 percent rise. The Swedish budget fashion firm, which has the bulk of business in Europe, has said that …

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Global stocks fall, oil dips as Japan slips into recession

Shares fell and the oil price slid on Monday after data showed Japan had slipped into recession, raising concerns about global growth. European shares opened lower. They followed Tokyo’s Nikei index  N225 which lost 3 percent, its biggest one-day drop since August on news that the world’s third-largest economy unexpectedly shrank by an annualised …

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