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Daily Archives: March 11, 2015

16 New Power Plants to be Built in Georgia

According to Sulkhan Zumburidze, manager at the  Georgian State Electric System (GSE), in recent years the company has moved to a new stage of development, and this period was the most important  for the company – in particular, the rehabilitation of dilapidated infrastructure has begun as well as power lines …

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Current Gas Tariff to Remain in Force Until May 1

According to Energy Minister Kakha Kaladze, the gas tariff for corporate users will remain in force  until May 1 – for this purpose the state will allocate special subsidies. “Of course, the government should discuss the issue of what will happen after May 1, whether subsidizing will be continued. Today …

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Kakha Kaladze met with Business Association members

Tbilisi — March 11th, Energy Minister and Vice Premier Kakha Kaladze, Georgian National Energy and Water Supply Regulatory Commission’s head Irina Milorava, and Energy Ombudsman Salome Vardiashvili organized a meeting with Georgia’s Business Association members. The sides discussed the existing long-term energy and infrastructural projects, as well the overall energy politics of the …

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Geostat:Foreign direct investments amounted to USD 1272 million

Foreign direct investments (FDI) in Georgia amounted to USD 1272 million in 2014 (preliminary data) up 39 percent from the preliminary data of 2013 and 35 percent from the adjusted data of the same year. The chart bellow shows dynamics of FDI during 2010-2014.   See more on http://www.geostat.ge/index.php?action=news&lang=eng&npid=848  

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Brazil and Georgia agreed on visa-free regulation

A agreement about partially removing visa obligations between Georgian and Brazilian governments will be signed at the Foreign Ministry today,March 11,2015. The agreement implies removal of visa obligations for civilians having tourist and business aims in both countries. After the agreement takes effect,. Georgian citizens will be allowed to enter Brazilian …

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New Wooden Eyeglasses Georgian Brand Appeared on the Market

A young designer from Georgia Levan Lashkarashvili created a wooden eyeglasses brand. Lashkarashvili sells handmade sunglasses both in the local and foreign markets on the basis of individual orders. His glasses are made under the Lwood Eyeglasses brand, the product’s  price starts from $ 300. Lashkarashvili began  making eyeglasses about …

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Flour Milling Plants are on the Verge of Closing

Georgia-based flour milling plants are facing the threat of closure if the government does not restrict imports of flour. The problem lies in the fact that the cheap flour is imported in Georgia from Russia and flour milling plants are operating at a loss. From February 1, Russia imposed wheat …

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