Representatives of US Embassy in Georgia sing Georgian Mravalzhamieri for their holiday message. The video was accompanied with the caption: “Since we can’t send everyone a holiday card, we give you this. Happy New Year, Georgia! (and please be gentle in the comment box! Georgian polyphonic singing isn’t easy!)
Read More »Daily Archives: December 30, 2015
Batumi is Getting Ready For New Year’s Grand Concerts
From Today official rehearsals for New Year’s grand concerts have started in Ajara‘s capital town Batumi. Grammy award winner group Inner Circle and clarinetist Giora Feidman will perform tomorrow. Feidman together with Georgian national orchestrate and Capella have made special collaboration to people who love classic music. Concerts will last two …
Read More »Georgian Oil Market Tendencies of 2015 at a Glance
55 million GEL Fine by the competition agency, GEL devaluation and global tariffs volatility – these main factors have determined the Georgian oil products market tendencies in 2015. In his interview with the Caucasus Business Week, Vano Mtvralashvili, the head of the Union of Oil Products Importers, overviews the 2015 …
Read More »Georgia Healthcare Group Launches Two New Ambulatory Clinic Clusters
Georgia Healthcare Group PLC on Wednesday said it has launched two new ambulatory clinic clusters in Georgia, in the capital Tbilisi and in Kutaisi, the capital of the western region of the country. Georgia Healthcare Group appeared public on the London stock market recently. The Georgia-based medical insurance and hospital provider …
Read More »REUTERS: Georgia, with Eye on 2016 Election, Switches Prime Minister
London based international news agency Reuters publishes an article stating Georgia’s new prime Minister Giorgi Kvirikashvili’s appointment by parliament yesterday. “An appointment widely seen as an attempt to boost the ruling coalition’s flagging popularity amid an economic slump,” says Reuter. Kvirikashvili, 48, who was also first deputy prime minister before …
Read More »A 33-storey Luxury Residential High-rise to be Built in the Capital
The construction of a 33-storey luxury residential high-rise Didube Tower, which pretends to be one of the highest in the capital , is underway on Tsereteli Avenue of the Georgian capital. A representative of the project implementing company Royal Group says that the quality of construction meets high standards. According to him, …
Read More »Tourism Sector Greets 2016 with A Positive Outlook
The National Tourism Administration positively appraises the 2015 tourism season. The administration head Giorgi Chogovadze assures the 2015 report will register record figures. The administration will continue campaigns for attracting foreign tourists in 2016. The next year Georgia will host the first international wine conference that is organized bye the …
Read More »Georgia’s Banking Sector Looks to 2016 with Optimism
The Fitch rating for the Georgian bank sector is “Stable”. This signifies considerable reserves of commercial banks will compensate the quality of assets affected by the GEL depreciation. The 36% devaluation was the main challenge in 2015. The bank sector has showed steadiness amid the GEL depreciation, GDP growth slowdown …
Read More »Energy Sector Achievements and Challenges of 2015: Chairman of GSE Overviews the year of 2015
The year of 2015 was very important and full of challenges for the Georgian power system. Many interesting projects were carried out in both generation and infrastructure parts. Sulkhan Zumburidze The chairman of the board of directors of the Georgian State Electrosystem (GSE), overviews the 2015 important aspects. “Our company launched …
Read More »The founder of Techno Boom Evaluates the Private Sector’s Annual Performance in 2015
What has the year of 2015 brought and what the year of 2016 will bring? Amid the current social and economic tendencies in Georgia, a part of the major business sector representatives negatively evaluate the year of 2015, while another part shows content with the current year’s performance. Interview with …
Read More »Georgia’s Winemaking Business Suffers a Blow in 2015: Founder of Twins Wine House Evaluates the Year
What is the opinion of Georgian winemakers on the 2015 results? The year was quite problematic, they said. Besides Russian and Ukrainian markets, problems arose in Belarus and Kazakhstan too. The ongoing political and economic developments in these countries have already made negative effect on exports of Georgian products and …
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