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Daily Archives: September 22, 2015

Flower Businesses Suffering Crisis due to Depreciation of Lari

Dutch flowers and plants greenhouse Grato Greenhouse is suffering a crisis due to  the devaluation of the national currency. According to Grato co-founder Vako Togonidze, the company can no longer balance the costs and revenue, which led to a crisis situation. In Togonidze’s words, the products are imported from the …

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Total to Resume Cooperation with Iran’s Oil Industry

TOTAL OIL COMPANY

“National Iranian Oil Company welcomes the expansion of cooperation with Total,” Rokneddin Javadi was quoted as saying by Shana after a meeting with Arnaund Breuillac, the president of Exploration & Production at Total Company. “Total has already voiced preparedness to sign new contracts with Iran,” he added. Also, Arnaud Breuillac of …

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According to Businessmen, the Parliament Does Nothing to Foster Business

Parliament Takes Control of Georgian Banks

Unlike MPs, the businessmen interviewed by CBW do not remember a law recently adopted by  the Parliament, which has facilitated the flow of investments into the country  or helped  their business development. Beso Tkhelidze, a founder of the construction company Atori, cannot recall a law or a change adopted by  the …

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30,477 tonnes of Grapes Generate 17.45m GEL for Georgian Farmers

The 2015 grape harvest is in full swing in Georgia’s nine wine-producing villages where a total of 30,477 tonnes of grapes has been picked so far. By selling this yield, farmers generated a collective income of more than 17.45 million GEL, and this year’s harvest is not over yet. Georgia’s …

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GEL Approaches Its All-Time Low

GEL

PM Irakli Garibashvili and his economic team met central bank chief Giorgi Kadagidze on Monday evening as the Georgian currency lari (GEL) weakened to near its record low. Lari fell to 2.4499 per U.S. dollar, according to central bank’s official exchange rate set for Tuesday, approaching its all-time low of …

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The Silk Road Forum Tbilisi 2015

Silk Road Forum 2015

Between October 15-16, Tbilisi will host the Silk Road Forum 2015. For many these words are associated with the caravans loaded with silk and spices from China traveling over the deserts, steppes, forests, and mountains all the way to Europe and the British Isles. Caravans are gone, but the Silk Road …

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Artists Recreate Ancient Fashion History at Art Palace Tbilisi

Ancient Fashion

Local artists are recreating fashion history by mimicking the colours and patterns of ancient garb and transferring it onto material used in the modern world. Historic Georgian garments are being recreated at the Art Palace in Georgia’s capital Tbilisi in a unique project that involves a group of artists copying …

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Wine Routes of Georgia: Drunk on Beauty

Georgian Wine

Many of you have heard about the fact that Georgia is the cradle of wine, and viticulture originated here about 8,000 years ago. You may examine archaeological findings, wonder how clay vessels qvevri differ from more common barrels, read about how the slopes and microclimate zones affect the taste of …

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