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Daily Archives: October 13, 2015

Eliso Bolkvadze Awarded French State Prize

Eliso Bolkvadze

Georgian artist was awarded the Order of Arts and Literature – a top French state prize – by France’s Culture Minister Fleur Pellerin. Minister Pellerin said the Order was presented to Bolkvadze in recognition of her efforts to facilitate cultural exchange between the two countries. Over the years the prestigious …

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Leonardo DiCaprio is Making a Movie on the Volkswagen Scandal

Leonardo Dicaprio

Leonardo DiCaprio is to produce a film about the Volkswagen emissions scandal. His production company Appian Way and Paramount Pictures have bought the rights to an as-yet-unwritten book about the scandal, according to the Hollywood Reporter. Paramount and Leonardo DiCaprio’s Appian Way have acquired the rights to a book proposal …

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400 Tons of Grapes Processed in Racha

According to the National Wine Agency, vintage in Racha is being held without delays. As of 13.00 am, October 13, 400 tons of grapes have been harvested and processed in the region of Racha-Lechkhumi, including 392 tons of Aleksandreuli and Mujuretuli. Up to 900 local winegrowers sold the grapes whose …

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Upscale Boutique Hotel to be Built in Mtskheta

Mtskheta

Luxurious boutique hotel will be built  in Mtskheta with German investments. According to  the  project developer Grande Group Georgia Director Konstantin Morgoshia, the hotel will be located in  the territory of a former ceramics school. The project cost  is around $ 20-30 million. The hotel will consist  of 80 rooms ad …

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Constitutional Court Suspended Functioning of the Financial Monitoring Agency

The Constitutional Court has accepted a complaint in relation to the National Bank and the Financial Monitoring Agency has suspended functioning according to the decision made by the court. The complaint has been filed  by  the United National Movement (UNM)  and Free Democrats parties. The parliamentary opposition expressed its dissatisfaction over …

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Georgian Railway renovated 7 locomotives

Georgian Railway” has put 7 locomotives under the exploitation after the capital repair. According to the “Georgian Railway”, repair works were implemented in Tbilisi Electric Locomotive Factory in this year and the locomotives are changed with a new design. “Safety of trains are increased as a result of locomotive repairs. …

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Excise Tax Experiments with the Georgian Beer Industry

Beer Tax experiments

During the last 12 months, the Georgian authorities have been conducting interesting tax experiments designed, so it seems, to test the resilience of domestic beer producers. In September 2014, the industry was hit by Article 171 of the Civil Code, prohibiting alcohol consumption in public places. The beer market, 97% …

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Georgia Healthcare Group Seeks LSE listing

London Stock Exchange

A Georgia-based medical insurance and hospital provider is seeking a London stock market listing that would value the company at about £260m — as more overseas medical companies choose to raise capital in Britain. GHG is the single largest scale healthcare services and medical insurance provider operating in the fast-growing, …

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5 Reasons to Celebrate New Year in Georgia

Christmas and New Year holidays are approaching! If you are wondering where to spend them, we will try to convince you that Georgia is one of the best options. Here are the reasons: New Year’s table has never been so healthy and unhealthy at the same time! Georgian food is …

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