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Daily Archives: February 8, 2016

Azerbaijan Starts Exporting Electricity to Turkey Via Georgia

Georgian energy

Azerbaijan has started exporting electricity to Turkey via Georgia since Feb. 7, Azerbaijan’s energy ministry told Trend news agency. “Starting from Feb. 7, Azerbaijan began to export nearly 80 megawatts of electricity per day to Turkey,” the ministry said. Previously, the Energy Market Regulatory Authority (EMRA) of Turkey issued Azerbaijani side …

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Anaklia Seaport Construction Works Are Starting This Year

Anaklia Sea port

Under the Georgian government’s decision, Anaklia Development Consortium will carry out the Anaklia deepwater seaport construction project. The Georgian Prime Minister introduced the company, which was announced a winner by the government commission, at the briefing. Anaklia Development Consortium unites Georgia-founded TBC Holding and Conti International investment holding that carries …

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New Project Involving Crisis Management Launched in Georgia

Crisis Managment

Georgian analogue of successful British model – National Situation Room of State Security and Crisis Management Council of Georgia was opened. Georgian PM thanked British Government, the Ambassador designate of the UK to Georgia and British Government Adviser on Security and Crisis Management Issues Sir Garry Johnson for provided support. …

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Humanity- Georgia Gives Humanitarian Aid to Medical Center of Georgian Patriarchate


The medical center of the Georgian Patriarchate has received a humanitarian aid from Humanity Georgia. Namely, the company has transmitted cardiologic and antibiotic drugs to patients of the Patriarchate’s medical center. Top-quality medications imported by Humanity Georgia will soon appear at the contractor pharmaceutical networks in the near future. Before, …

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Georgia Makes History Becoming Energy Transit Country


Georgian State Electrosystem has started implementing function of transit corridor by two directions.  The Georgian State Electrosystem today announced Georgia would earn 1 million GEL per month for being an energy corridor that transferred power between Russia and Armenia, and Azerbaijan and Turkey. According to the company, from February 5th, …

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Tsikolia- Georgian Designer who Manufactures Brand Watches in Switzerland

Tsikolia watch

Zviad Tsikolia, an industrial and automobile designer, is famous for his special designs of Peugeot 1007, Bugatti, Russo-Baltique, armored vehicle of Didgori and other industrial products in the international market. His name is also connected with packing food products, bottles of alcoholic beverages, furniture, uniforms, bicycle, airplane and finally, wristwatches …

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Real Estate Market to See the Heaviest Period in 2016


Unfavorable perspectives are forecast for the real estate market in 2016. If the GEL exchange rate is affixed to the 2.5 point, the demand for apartments will decline and the housing sector will have to further lower apartment prices. The current developments in the Georgian economy have badly affected the …

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Erdogan: Turkey to Become World-leading Tourist Destination

Erdogan: Turkey to Become World-leading Tourist Destination

Turkey will become the leading tourist destination, the country’s President Recep Tayyip Erdogan said, the Turkish newspaper Star reported. Over the 13-year rule of the Justice and Development Party (AKP), Turkey achieved great successes in the field of tourism, the president said. Erdogan said that Turkey will do everything possible to …

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