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Daily Archives: February 5, 2016

GoPro Earnings Plunge After New Camera Fails to Impress

GoPro Earnings Plunge After New Camera Fails to Impress

GoPro Inc. shares fell to their lowest ever after fourth-quarter earnings and a forecast for future revenue both were worse than analysts predicted. The stock tumbled 8.7 percent to $9.78 at the close in New York, its lowest price since going public in June 2014. The shares have lost 90 …

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Large Shopping Mall Opens in Zugdidi

Partnership Fund finished construction of Shopping Mall in village Rukhi, Zugdidi region and started preparation for its operation. According to the Fund, the trade center is multi-functional; total area of the building is 10 000 square m; the complex is represented by 10 buildings in total; the whole recreation area …

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Tbilisi City Hall Starts Project New Tiflis

New Tiflis

According to Tbilisi City Hall, the project is unique by its theme, volume and the gained benefit from its implementation. The project consist of several stages. Renovation-rehabilitation of Gvinis Agmarti and Gudiashvili Square is already begun. However, total rehabilitation of David Agmashenebeli ave, from Marjanishvili square to Saarbrucken square and …

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Social Survey-Campaign – What Hurts?

What hurts?

The social survey-campaign “What Hurts?” was held for Georgian citizens near the Rustaveli and Akhmeteli underground stations in order to outline the current needs in the healthcare sector. Special questionnaires were offered to the citizens for filing it and expressing their position on the current problems and needs in the …

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Government to Take Adequate Measures on Using Discovered Gas Resources

Government to Take Adequate Measures on Using Discovered Gas Resources

If reports about the gas discovery in the region of Kakheti are proved, the government of Georgia will take adequate measures on using the resources for the benefit of the country – Minister of Environment and Natural Resources said commenting on a statement made by Frontera in the media outlets. A couple of days ago Frontera …

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Armored Medical Evacuation Vehicle

Armored Medical Evacuation Vehicle

Armored medical evacuation vehicle primary role is to insure transportation of wounded soldiers from the front line of military operations and providing first medical aid during transportation. Medical evacuation vehicle on universal 4×4 chassis is fully designed, assembled and tested by State Military Scientific-Technical Center “Delta”. Medevac is equipped with 356 hp …

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USA Allocates $140 million in Georgia’s Education System

Millennium Challenge Corporation USA allocated 140 million USD to improve the education system of Georgia, as a direct investment in Georgian future. Activities conducted within the frames of Compact and the success of the program were evaluated by Giorgi Kvirikashvili and deputy Vice President of the Millennium Challenge Corporation USA …

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Georgian Qvevri Wine is Presented at Four French Cities

Georgian wine

National agency of wine presented Georgian wine at four French cities: Paris, Bordeaux, Anges, Saumur and Orleans on different events. Wine professionals, lovers, media and business representatives had opportunity to taste the following wines:  “Iago’s Wine”, “Pheasant’s Tears”, “Ramaz Nikoladze Cellar”, “Golden Wine”, “Winery Niki Antadze”, “Natenadze Wine Cellar” and ” …

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TBC Bank Holds Presentation of New Business Catalog of EU-Georgia Business Board

TBC Bank

The TBC Bank’s head office has held a presentation of EUGBC BUSINESS LINE, the new business catalogue of the EU-Georgia Business Board. EUGBC secretary general Zviad Chumburidze introduced the new catalog to Georgian and foreign businessmen, government officials, diplomats, the field experts and media reporters. David Bakradze, the State Minister …

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