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Daily Archives: January 5, 2016

Beeline Acquired Caucasus Online

Caucasus Online Beeline

Caucasus Online (LLC Mobitel) is purchased by Beeline. The big deal has been expected at the communication market for several months, after Caucasus Online has made an offer. Active negotiations have been initially held with “MagtiCom” and “SilkNet”. Later, the news was disseminated, that “MagtiCom” was acquiring the asset, which has …

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Inflation Pace Slowed Down in December

Inflation pace declined in December. However, deflation of 0,6% has been fixed m-o-m, while inflation level has amounted to 4,9% y-o-y, which is the lowest index since July. Price reduction of 3,6% has been fixed in transport groups though the last month, which has been reflected by -0,40 percentage point …

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Our Top 10 Most Popular Articles in 2015

Top 10 articles

The year of 2015 has been extremely productive year for Georgia, despite of currency devaluation and few issues, several historic changes were made in Georgia. Georgian cuisine, art, sport, successful students, nature, monuments and Christmas decorations have actively been discussed by world’s leading media channels. Caucasus Business week offers you, our …

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Embracing European Standards: State-Free Insurance in Georgia

The year of 2015 brought many risks to the Georgian insurance industry. The Tbilisi natural disaster reminded the insurance companies, the Authorities and ordinary citizens that the insurance culture in the country is undeveloped and this direction should be somehow stimulated, even at the legislative level. In 2016, the companies …

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Founder of Zedazeni Reviews Private Sector’s Annual Performance

Tsezar Chocheli

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. Tsezar Chocheli …

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Marlboro Won’t Be Available on Georgian Market?

Cigarette brands Marlboro and Parliament will be no longer available on Georgian market. As it was told to BPI by relevant sources, except Marlboro none of Philip Morris cigarettes will be sold at Georgian shops. As it is known Philip Morris distributes different kinds of brands such as Parliament, L&M, Chesterfield …

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Guram Jalaghonia: The Year of 2015 Brought Stability to Aviation Sector

Guram Jalaghonia

The Georgian Civil Aviation Agency (GCAA) has finished the process of improving shortcomings detected after the 2013 ICAO audit. Currently, Georgia and its aviation segment has twice better indicators compared to the 2007 audit, the agency head Guram Jalaghonia noted and positively appraised the 2015 performance. He outlined several reforms, …

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