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Daily Archives: December 4, 2014

76% of new FMCG products launched between 2011-2013 failed within a year


Researchers behind the Nielsen Breakthrough Innovation Report for Europe 2014 have analyzed 12,000 FMCG product launches across Western Europe and revealed the trend that about 66% of those products never reached the sales volume of 10,000 items, while 76% of those new launches never survived the first year of their …

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Bidzina Ivanishvili’s First Comment about a Drop in GEL Exchange Rate


US dollar is getting stronger in many countries,  the same  happened in Georgia- the former Prime Minister Bidzina Ivanishvili  told reporters in response to a question about the GEL exchange rate. Ivanishvili addressed a journalist  who asked the question and noted  that there was  nothing to panic about. “A lot …

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Vatican finds hundreds of millions of euros “tucked away”-cardinal

Vatican Pope

The Vatican’s economy minister has said hundreds of millions of euros were found “tucked away” in accounts of various Holy See departments without having appeared in the city-state’s balance sheets. In an article for Britain’s Catholic Herald Magazine to be published on Friday, Australian Cardinal George Pell wrote that the …

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Georgia exports wine to 46 countries


The number of countries importing Georgian wine is increasing, resulting in more Georgian wine being exported and enjoyed all around the globe. From January 1 to November 30, Georgia exported wine to 46 countries, reported the National Wine Agency of Georgia (NWA). Georgia exported 55.2 million 0.75 litre bottles of …

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Russia-Iran ‘oil for goods’ program to launch soon – minister

Deliveries of Russian goods in exchange for Iranian oil will begin soon, according to Russia’s minister of economic development. He says the two countries are also working on a plan to trade in national currencies. Aleksey Ulyukayev said grain is a primary commodity, while other goods on the list are …

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Watchdog Says World Internet Freedom In Decline


A U.S.-based rights watchdog says Internet freedom around the world has deteriorated for the fourth consecutive year, with the steepest declines in Russia, Ukraine, and Turkey. In its “Freedom On The Net 2014” report, released on December 4, Freedom House says that Iran, Syria, and China are the world’s worst abusers …

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Mobile display ads and mobile native ads increase brand awareness by 54%


Havas Media Group along with the two research agencies Differentology and On Device Research have teamed up with Sky Media, advertising sales arm of Sky, to conduct one live and two lab experiments aimed at trying new methodologies in measuring mobile advertising effectiveness.  Three UK advertisers— Nationwide, Domino’s Pizza and …

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Olives and Olive Oil to Rise in Price in the Georgian Market


A price of olives and olive oil will  rise from January 1 in Georgia. The reason is almost 100% dependence of theGeorgian olive market on imports. Due to the poor harvest in the European  countries,  olive oil has increased in price by one third. Due to rain and high temperature …

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Lado Gurgenidze may also Join Gov’t of Ukraine


A former Prime Minister of Georgia  Lado Gurgenidze  could be appointed on one of the posts in the  Ukrainian  government – Minister of Health of Ukraine Alexandre Kvitashvili told  reporters. Gurgenidze is named a candidate to the  Coordinating Council. The National Movement member  and a member of the Advisory Council …

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