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Daily Archives: January 4, 2016

The Real Reason Why Prices on Some Cigarettes Hike

Marlboro

Recently prices of Philip Morris products have drastically increased on Georgian market, which is said to be related to deficit of cigarette on a market. According to BPI media agency, deficit is result of legal controversy with distributor company “Omega Group” and is not related to increased excise tax. At this …

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Patriarch Ilia II: ‘Most trusted man in Georgia’ Turns 83

Illia II

Catholicos-Patriarch of All Georgia, the Archbishop of Mtskheta-Tbilisi and Metropolitan Bishop of Abkhazia and Bichvinta, Ilia II turned 83 today. Illia II has been Georgia’s Patriarch since 1977 and has made major changes since Georgia’s post soviet union. He gained trust of most of Georgian people and not only. He has …

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Irish Times Lists Georgia Among Photographs of the Year

Irish Times  includes Tbilisi flood picture of Hippo Begi who was rescued after devastating flood hit Tbilisi zoo among photographs of the year. Author of this picture is a Georgian photographer Beso Gulashvili who works at Reuters, this picture went viral throughout the world’s leading media channels. Photographs of the year …

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Humanity-Georgia A New Pharmaceutical Company Enters Georgian Market

Andrey Kuzma

Humanity Georgia company has entered the Georgian pharmaceutical market. According to the business registry, the company was registered in May 2015. Humanity Georgia will introduce a wide option of medications to the pharmaceutical market in the near future. Quality of the company-manufactured medications is approved by the manufacturer’s EU GMP …

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CEO of Halyk Bank Georgia Evaluates the Year of 2015

Halyk Bank

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 …

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