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Monthly Archives: January 2016

Harvard College Entrepreneurship Forum to Hold Math Olympiad in Georgia

Harvard

Harvard College Entrepreneurship together with Veritas Olympics holds its first Olympiads in math. Olympiad is going to be held in six  main cities: Tbilisi, Rustavi, Batumi, Zugdidi, Qutaisi and Gori. Winners will be awarded various prizes and certificates. Olympiad has three stages. Registration, first and third stage is free. Second stage …

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Petrol is Cheaper in Georgia than in Azerbaijan

The globalpetrolprices.com edition has published a weekly report on fuel prices worldwide. The report includes data from all countries. The globalpetrolprices.com published the January 18 indicators several days ago. According to the report, the averaged petrol price in Azerbaijan is higher than in Georgia. The price of a liter of …

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Georgian Designer Manufactures Amazing Watches in Switzerland

Tsikolia Watches

In 2011 Georgian designer Zviad Tsikolia introduced his wristwatch manufactured in Switzerland. In 2015 the wristwatches were produced under his surname of Tsikolia. Aviation, military weapon and racing machines represent his main inspirational source. He pays huge attention to the quality and design of the watch. The design of watches …

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Heavy Snow Creates Problems to Hotel Business in Ajara

Heavy snow has created certain problems to the hotel business the Ajara. Batumi International Airport was temporarily closed and a part of hotels failედ to receive guests. As a result, they bear financial losses, hotel managers noted. Hilton Batumi was to host several conferences for the last 3 days, including …

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Prices of Georgian Companies at London Stock Exchange Increase

LSE

The trade turned out successful for Georgian companies at London Stock Exchange in the previous week. According to “Galt and Taggart”, price has been increased on BGEO Group shares, as well as TBC and Georgian Healthcare Group. BGEO Group (BGEO LN) shares closed at GBP 17.20/share (+1.47% w/w and -12.96% …

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„Sun d’Or Airlines” starts flight toward Tbilisi and Batumi

„Sun d’Or Airlines” starts flight toward Tbilisi and Batumi

Several Months of negotiations between the operator company of Tbilisi and Batumi International Airports- TAV Georgia and subsidiary company of “El Al Israel Airlines” – “Sun d’Or Airlines” have come to successful outcome. During the two days visit in Georgia, the representatives of the air company, held meetings, organized by …

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National Bank Expects the Exchange Rate to Stabilize in the Near Future

The exchange rate of the national currency will stabilize in the nearest future – Giorgi Kasagidze, President of the the National Bank of Georgia, states. According to him, the devaluation of the national currency in recent weeks was  largely caused by   the negative expectations that have arisen due to the …

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China Stocks Plunge to 13-Month Low

China Stocks Plunge to 13-Month Low

China’s stocks tumbled to the lowest levels in 13 months amid concern capital outflows will accelerate as the economy slows and support for the yuan eats into the nation’s foreign reserves, Bloomberg reports. The Shanghai Composite Index plunged 6.4 percent to 2,749.79 at the close. All industry groups slumped, ranging …

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Putin is corrupt’ says US Treasury

PUTIN

A U.S. Treasury official said the United States considers Russian President Vladimir Putin to be corrupt and that it has known this for “many, many years,” the BBC reported on Monday. Adam Szubin, acting Treasury secretary for terrorism and financial crimes, said in an interview with BBC Panorama that the …

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Hungarian Low-Cost Airline May Add More Flights From Georgia

Wizz Air

“Negotiations are held on adding of flights of Wiz air to Middle East, Asia and Europe direction”, – Ketevan Aleksidze, head of Georgian Airport Union declares. According to her, entrance of low-cost air companies remains priority. Negotiations are held with Wiz air on adding of flights. “Until negotiations will not …

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