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Daily Archives: May 14, 2015

Human Capital Index 2015 skips Georgia

World Economic Forum makes Human Capital Index report annually, Georgia’s neighbouring countries are on list, Armenia takes 43th place, Azerbaijan 63th, Turkey 68th and Russian Federation 26th place. The Human Capital Index measures countries’ ability to maximize and leverage their human capital endowment. The index assesses Learning and Employment outcomes across 5 …

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Slovenia’s National Assembly Ratifies EU-Georgia Association Agreement

Slovenia’s National Assembly ratifies EU-Georgia Association Agreement

The National Assembly of the Republic of Slovenia has ratified the Association Agreement (AA) between Georgia and the European Union (EU). Members of the general representative body of Slovenian Parliament voted in favour of the ratification of the EU-Georgia deal yesterday, on May 13. The document was approved following a majority …

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EBRD Announces Georgia’s Economy Forecast

EBRD Announces Georgia’s Economy Forecast

Georgia’s economy is expected to decelerate to 2.3 percent in 2015 and 2.6 percent in 2016, reflecting mainly a deteriorating external environment, with recession in Russia and sharp slowdown of regional trading partners. Given the challenging external environment and some domestic political uncertainty, Georgia’s economy is expected to halve in …

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Georgia Continues to Participate in Central African Mission

Georgia Continues to Participate in Central African Mission

Georgia’s President Giorgi Margvelashvili has issued new decree on participation of Georgian soldiers in the European Union (EU) peacekeeping mission in Central Africa and Mali. The decree envisages sending of five military personnel to Central Africa for participation in the rapid response team, while one soldier will be sent to …

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Azerbaijan to Buy New Carriages For Using on BTK Railway

Azerbaijan will buy 30 carriages from the Swiss Stadler Rail Group for use on the Baku-Tbilisi-Kars railway, Javid Gurbanov, Azerbaijani Railways CJSC head, told reporters May 13. He said that these carriages are equipped with an automatic change of wheels (depending on the width of railway track). “The wheels of …

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Chateau Mukhrani was Exhibited Among world’s Best Wines

Georgian wine company Chateau Mukhrani  had honer to be presented among the world’s the 50 best wines. with the name of  The Triumph of The Wine Culture, in United States. Organized by American Friends of Cité des Civilisations du Vin The event  featured wines from over 50 countries, food prepared by some of New York’s finest chefs, musical entertainment.Cité …

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Georgia to host World Rugby U20 Championship 2017

World Rugby has today announced that the U20 Championship 2017 will be held in Georgia. The country, which also plays host to the World Rugby Tbilisi Cup, will welcome the future stars of world rugby to Tbilisi and Kutaisi in two years’ time. The U20 Championship, which this year takes …

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SOCAR – the largest company in Georgia

SOCAR Petroleum Georgia, Ltd is considered as “The largest company of Georgia of 2014”. Research conducted by Iliauni (Ilia State University). Rating was conducted on the basis of the information of “GeoStat”. SOCAR Petroleum Georgia, Ltd exports oil and possesses the network of petrol stations throughout whole Georgia. At this time  …

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Tbilisi Hosts EBRD Annual Meeting and Business Forum

Tbilisi hosts EBRD Annual Meeting and Business Forum

Top governmental officials from more than 60 countries, heads of international institutions, global decision-makers, corporate executives and staff from the European Bank for Reconstruction and Development (EBRD) are gathering in Georgia’s capital Tbilisi to consider a strategy for the EBRD regions for the coming years. Georgian Prime Minister Irakli Garibashvili …

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