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Daily Archives: January 22, 2015

Export of Georgian mineral water increased by 28.7% in 2014

During one year export of Georgian mineral water increased by 28.7%.According to the data of GeoStat,in 2014, 137,1 mln USD georgian water went to foreign markets,compared to 2013 when the rate was lower with 106,8mls USD exported mineral water.  Only in December,2014 there has been 6 mln USD water exported,which …

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Davos 2015: World’s five large companies interested in Georgia

Representatives of world’s five big companies will visit Georgia in the nearest future to discuss the investment opportunities at place, Government Administration press office announced. This is a result of the bilateral meetings that Georgian Prime Minister Irakli Garibashvili has been arranging with the different company representatives in Davos, Switzerland …

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Export of Georgian Wine to Russia Halted

According to Nutsa Abramishvili, the  CEO of the wine company Schuchmann Wines  10 trucks loaded with 100 000 bottles of wine stopped due to the  limited transfer of foreign currency outside of Russia because of the ruble devaluation. “We’ve received  excise stamps from Russia that have already been pasted on …

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Real Madrid top football rich list for 10th year running

Real Madrid has matched its 10th triumph as champions of Europe by topping the Deloitte football rich list for a 10th straight year. Manchester United moves up from fourth to second on the list, which is based on season 2013-14 revenues. Bayern Munich, Barcelona and Paris Saint-Germain filled the next …

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Russian business is braced for “much worse”

The last six months has been a torrid time for Russia’s business and companies operating there, but the worst could be yet to come. “We will see a much worse time in Russia. A lot of mistakes have been made. It will maybe be over by September,” Oleg Deripaska, president …

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Georgian PM at Davos 2015

Representatives of five large companies will visit Georgia in the nearest future to discuss the investment opportunities at place, Government Administration press office announced. This is a result of the bilateral meetings that Georgian Prime Minister Irakli Garibashvili has been arranging with the different company representatives in Davos, Switzerland within …

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UNESCO designates Georgian pianist as Artist of peace

The Director-General of UNESCO, Ms Irina Bokova will designate the famous Georgian pianist Elisso Bolkvadze as a UNESCO Artist for Peace on 22 January 2015. This title will be bestowed in recognition of her support, through her Foundation LYRA, for the musical education and creativity of talented young Georgians. In …

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Economic Council Ready to Meet Companies Suffered from Tenders

The Economic Council at Prime Minister’s Office  expressed its readiness to help business in making a decision in its  favor in a case of  the company’s violation of the law if it is possible. The Economic Council resounds to the materials sent by “Commersant”  which reflect the complexity in the …

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Amount of Compensation Russia Should Pay to Georgia Unclear yet

The  amount of compensation to be paid  to Georgia  by Russia, according to the decision of the European court, is still unknown.  The start date of the negotiations is also uncertain. At this point, it is only known that meetings between the two countries will be held through the mediation …

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