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Daily Archives: February 9, 2015

Svaneti among The Guardian’s holiday offers

One of Britain’s most authoritative publications, The Guardian, is encouraging its readers to explore the country Georgia and discover its unique culture, landscape and food. Through its service “Guardian Holiday Offers” the newspaper is promoting three types of tours of Georgia to its readers. The tours offer guests the ability to …

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“Rixos” Opening in Tbilisi Postponed until 2016

“Rixos” opening in Tbilisi has been postponed for 2016. According to the President of the Israel-Georgia Chamber ofBusiness (IGCB), due to  the museum district, a great importance is paid to the facade materials. Itsik Moshe says  more than 10 facade stones have been tested. Experts from Israel will arrive in …

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Marshe Preparing to Enter the European Market

Marshe products may enter the European market in the near future. The company’s Director Ekaterine Chkhaberidze states”Commersant”  that at this stage the negotiations are underway and the final results will be known in the near future. An enterprise Marshe producing semi-finished products has been operating on the Georgian  market since 2012. …

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Supply of Wine from Georgia to Russia Decreased 7.5 Times

In January 2015, Georgia exported 1 million 343 thousand bottles of natural wine (0.75 liters), which is 3 times less than in January 2014, informs “Interfax” referring to the National Wine Agency of Georgia. According to the representative of the department, such a sharp decline in exports was mainly due …

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Georgia Suffers Shortage of Natural Milk

The country suffers  a shortage  of natural milk. The Georgian Business Zone founder Nino Zambakhidze states. She says that the reason is the cattle genetics and unproductivity. The international practice shows that the cattle gives 20 – 35 liters of milk a day while  Georgian not more than  8-9 liters, …

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Turkey’s lira drops to record low after US jobs data

The Turkish lira sank to yet another all-time low Feb. 9, a fresh historic low of 2.4950 against the dollar, hit by expectations the U.S. Federal Reserve could raise interest rates mid-year, bolstering the dollar and reducing appetite for riskier emerging-market assets.

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foodpanda acquires competitors in 7 Asian markets


Global online food delivery company foodpanda today announces that is has fully acquired key competitors in 7 countries and thereby consolidates its leading position across the South-East-Asian and Asian food delivery market. Globally, the company is active in 39 countries on five continents. foodpanda acquired competitors in India, Malaysia, Singapore, …

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Auto gas price rises due to gel depreciation

Energy company ‘Eko Gaz” released a statement that auto gas price increase was directly connected to devaluation of the national currency Georgian Lari and was not in any way caused by the main supplier of natural gas in Georgia company “Socar.” In the middle of December the price of Compressed …

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Silknet Increases Tariffs on Internet and TV Services

Quality-oriented Silknet and Subscribers Discontent with Growth in Prices Starting March 4 Silknet will increase service tariffs on both optical and DSL internet connection and TV services, as well as on consolidated TV and internet services. Tariffs will grow on services of all quality and price categories. Moreover, Region and …

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