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Daily Archives: February 2, 2016

BoredPanda: We Went To Svaneti

BoredPanda writes article about their visit to Georgia’s mountainous Svaneti: “We went to Svaneti adn this is what we found there” Yummy little horses Magnificent Ushba mountain Stunning landscapes 1000-years-old Svanetian Towers Mountains of great beauty Superb hiking routs Dazzeling rivers Everchanging weather And lots and lots of midblowing views …

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AYFB to Introduce Panaskerteli Index

AYFB to Introduce Panaskerteli Index

The Association of Young Financiers and Businessmen (AYFB) plans to launch price monitoring in the Georgian market of medications following the high public interest and the heavy social environment. Drug prices are considered one of the major challenges in our country. The AYFB has developed an economic index called as …

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Multi-National Dairy Products Corporation Enters Georgia

Sante Georgia

Georgia to improve the quality of dairy products as giant dairy-products corporation Lactalis entered the country. Lactalis has acquired shares of Georgian dairy product company Sante recently and this will give an opportunity to develop its local products to global markets. Vice president of Lactalis group, Michelle Nalle met with Georgia’s …

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List of Debtors Rose by 2700 Entries in Georgia

According to the National Bureau of Enforcement, as of February 1, 2016, the number of negative loans in the Debtor Registry has increased by 2,700 last month and reached 146,185. It should be noted that by the end of 2015, the number of debtors, registered in the Debtor Registry totaled 143,517 …

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MagtiCom: Society Has Right to Know in whose Hands Internet Is

David Lee

According to David Lee, Director General of the Georgian mobile communications company MagtiCom, the 2016 year will be challenging in terms of the national currency rate and external risks. The Russian ruble is experiencing a collapse, Azerbaijan is facing serious problems, and Georgia is trying to find a way out …

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Tsezar Chocheli: Escaping From Media Has Cost Me Dearly

Blitz interview with Founder and President of Georgian companies Zedazeni and Barambo Tsezar Chocheli, as he shares his working peculiarities and the path to success. I am an economist and commodity expert by profession. I started my first job before I turned 15 years old. I used to work as a haymaker in the …

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Ex-Deutsche Bank Russia Equities Head Loses Dismissal Suit

Ex-Deutsche Bank Russia Equities Head Loses Dismissal Suit

The former head of equities at Deutsche Bank AG in Moscow lost a lawsuit over what he claimed was a wrongful dismissal linked to an investigation into possible money laundering at the German lender’s Russian unit. Tim Wiswell said through his lawyer that he would appeal Monday’s decision, handed down …

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Regulatory to Resolve Dispute Between Silknet and FoptNet

Silknet

 The Georgian National Communications Commission (GNCC) has started discussing an appeal that JSC Silknet has submitted against Fiber-Optic Telecommunication Network – FoptNet ltd. Silknet accuses FoptNet of having violated the offer terms for admitting FoptNet  to the electronic communication channels in Ajara and of having unpaid a part of the …

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Georgian Juice Company LIVO to Enter Swedish Market

Georgian Juice Company LIVO to Enter Swedish Market

Company LIVO, a natural juices manufacturer, will launch exports of its products to Sweden soon. Due negotiations have been completed and the LIVO products will be sold at the Georgian restaurant that was unveiled in Sweden as part of the Georgian House project, Goga Samushia, LIVO partner and director, told BPI news …

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