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Daily Archives: November 27, 2015

Georgian Pianist Will Play for Coldplay’s Latest Album

Khatia Buniatishvili album

Coldplayzone have posted an exclusive on their website, which previews Coldplay’s seventh album (due for release on December 4th!). Georgian pianist, Khatia Buniatishvili is another collaboration on ‘A Head Full Of Dreams’ and will be playing the piano on the mentioned track. Inspired by the work ‘The Guest House’ of …

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The Second Meeting of Business Café

Business Café – Second meeting of the joint project by Insource and PASHA Bank

Consultancy company Insource and PASHA Bank hosted the second meeting at Business Café. The meeting was held at Holiday Inn Tbilisi. Among the guests were representatives of top management of the leading Georgian businesses. The meeting was moderated by Mr. Alexander Jejelava and the main topic of this very interactive …

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Rosneft is Expanding its Business in South Caucasus

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After Georgia, Russian energy company Rosneft plans to make a large investment in Armenia. Turns out that the Russian energy giant recently acquired Armenia’s network of gas stations “Petrol Markets.” The deal cost 40 million dollars to Rosneft. The company owns a network of gas stations and oil production base …

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Al Jazeera: How Russia Inadvertently Promoted Georgian Wine in the West

Al Jazeera Georgia

Qatar’s largest Media Network Al Jazeera writes an article about Georgian wine, its culture and traditions. Al Jazeera’s Mansur Mirovalev visited Kakheti region, near Kisiskhevi surroundings, where he observed Georgian wine production and one Georgian family. Apart from the eloquent description of wine-production culture in Georgia, the author concentrates on …

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EU to Allocate 100M Euro to Georgia

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The European Commission has adopted a new assistance package for Georgia totalling €100 million. The money will support reforms related to the EU-Georgia Association Agreement and agreements on mobility, the European Commission said Nov. 27. The new package will additionally support Georgia in meeting its reform objectives in the sectors …

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EU Commissioner Hahn has High Hopes for Georgia’s Visa Liberalisation

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A European Union (EU) official responsible for deepening EU relations with the south and east is ending his Georgia visit on a positive note, claiming the country will receive a positive outcome regarding visa liberalisation with the EU. Today EU Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn …

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Saxo Bank Predicts the Strengthening of Lari in 2016  

Steen Jakobsen CBW.ge

According to analysts of the Danish investment bank, in 2016 the lari will begin to strengthen, and the main reason for this is the end of the dollar growth. “It is necessary to take into account a trend that remains outside the public eye – in particular, the negative correlation …

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Turkey – Russia Trade War: Second Chance for Georgian Citrus

Citrus in Georgia

A recently erupted trade war between Turkey and Russia may boost Georgian citrus export to Russia Russia wants to replace Turkish citruses by fruit from various countries, including Georgia. Georgian oranges and tangerines are already exported to the Russian market, but if the northern neighbor announces a trade war with Turkey, …

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What are Generics – Health Minister David Sergeenko Explains

Minister of Health, Labor, and Social Affairs David Sergeenko, photo by Aleko Sharvadze

The Ministry of Health plans to implement a new standard in controlling the quality of drugs in Georgia. Consequently, the Ministry considers expanding Generic segment as a prerequisite, for increasing affordability on drugs and encouraging local production. To successfully implement this it is important to set the system of quality control on drugs properly, …

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Finance Minister: Compared to 2012, the Budget Increased by 25%

Finance MInister nodar_khaduri

Compared to 2012, the budget increased by 25%. Nodar Khaduri, the Minister of Finance, said at the government session. According to  him, the 2012 budget  amounted to  8 billion  while  the next year budget will be  GEL 10 billion 145 million. “Most importantly, the social costs are greatly increased. Social …

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