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Monthly Archives: January 2016

Georgia’s Renewed Banknotes Will Circulate From Today

renewed Lari

Renewed banknotes will appear in Georgia from February first, 20, 50 and 100 GEL banknotes are changed in color and size. The new money will depict the same iconic faces but will have a vastly different and more vibrant look with additional elements. The 20 GEL note has brighter red color, …

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TeliaSonera’s Leaving Eurasia May Be Delayed

TeliaSonera Holding Asset - Sale Talks

Absence of potential buyers of TeliaSonera’s assets in the Eurasia region has complicated the process of sales, and increased uncertainty in achieving the expected results in the short term, the company said Jan. 29 in a report on 2015 operating results. TeliaSonera announced the reduction of its presence in the …

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Inside Tbilisi’s Restored Historic Opera House

TBilisi opera House

The historic opera house in the Georgian capital Tbilisi has opened its doors after a six-year renovation. The opera house is one of the centers of cultural life in Tbilisi. In recent years it has hosted international stars such as Montserrat Caballé and José Carreras, while also serving as a traditional venue …

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Georgian Model Becomes a Face of Armani


Georgian model Tako Natsvlishvili, becomes a face of Armani Collezioni, model’s official facebook page reports. Dreams come true, model writes.  Tako Natsvlishvili, is a 17- year Georgian model, she works as  for world famous fashion brands such as Louis Vuitton, Dolce & Gabbana, Christian Dior and Calvin Klein and Zuhair Murad. …

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Georgian Citizens Will Get Free Early Stage Breast Cancer Treatments


Tbilisi city hall initiated to allocate three million GEL for a program to treat women battling against early stage of breast cancer. subprogram foresees financing herceptin-2 drug positive patients who are have early stages of breast cancer. “From February first, Tbilisi city hall starts implementation of unprecedented program of financing early …

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Humanity- Georgia Gives Humanitarian Aid To Republican Hospital

Adnrey Kuzma

Humanity-Georgia pharmaceutical company has handed over humanitarian aid to the Republican Hospital in Tbilisi, namely, the aid comprises cardiologic and antibiotic drugs for the Republican Hospital patients. High-quality medications imported by Humanity Georgia will be shortly introduced in the pharmacies of Humanity Georgia’s partner pharmaceutical networks, the company director general …

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Samsung Joins Apple in Warning of Gloomy 2016 for Technology

Samsung Joins Apple in Warning of Gloomy 2016 for Technology

Samsung Electronics Co. warned of slowing demand and economic turbulence after its quarterly earnings missed analysts’ estimates, joining Apple Inc. In foretelling a downbeat 2016 for the technology sector. The Korean conglomerate, whose quarterly profit fell short of expectations by almost 40 percent, said the deteriorating global economy was eroding demand for computers …

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Georgia’s Economy Increased by 2,8%


According to preliminary estimation, Georgian economy was increased by 2,8% in 2015. According to Goestat, growth pace of GDP was sharply declined in December and the rate merely amounted to 0,3%. The increase had been 2,9% in Q4. It should be noted, that economy was grown by 3,3% in Q1,2015, Q2 …

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Regional Economic Integration is Key to Development Success in Caucasus


As the countries of Central Asia and the Caucasus celebrate the 25th anniversary of their independence, structural reform has become critical. The key to meeting many of the challenges, and seizing the opportunities of the changing global environment is closer regional economic integration with the rest of Asia and the …

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SOCAR To Increase Gas Supply To Georgia in Winter

Socar Georgia

Azerbaijan’s state oil company SOCAR has reached an agreement with the South Caucasus Pipeline and Shah Deniz consortiums to increase gas supply to Georgia in winter seasons. SOCAR said it conducted talks based on an appeal from Georgia on assistance in optimizing gas supply from Azerbaijan. The company said all …

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