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Daily Archives: February 19, 2016

Georgian Wines at the Boston Wine Expo 2016

Georgian Wines at the Boston Wine Expo 2016

At the annual Boston Wine Fair 2016 (on February 13-14) the Georgian wines were represented by just one importer company, Massachusetts-based Georgian Toast. The importer brought wines produced by Tbilvino, Kakhetian Traditional Winemaking, Jakeli Wines.This year Georgia had much more modest participation than in 2015, when 10 Georgian companies were …

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Iran Plans to Build Hydroelectric Power Plants in Georgia

Iran and Georgia discussed ways of economic cooperation and made agreements on the expansion of electricity ties, said Iranian Energy Minister Hamid Chitchian said. Chitchian said, “The agreements were made in three general areas, first, Iran would set up hydroelectric power plants in Georgia since Iranian companies have the adequate …

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Arab Investors to Launch Valley City Project Implementation in Tabakhmela

Arab Investors to Launch Valley City Project Implementation in Tabakhmela in Two Months

The Commersant news agency has spread its exclusive information that Green Valley International Real Estate Group, a Saudi Arabia one of the major real estate companies, will launch implementing Green Valley City project in Tabakhmela in two months. The company has prepared two projects. The first one calls for developing …

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Market-Oriented Education System To Be Established in Georgia

Market-Oriented Education System To Be Established in Georgia

Prime Minister of Georgia Giorgi Kvirikashvili and Minister of Education and Science discussed planned reforms in the education system during the working meeting. The reform intends at creating professional and high education systems that are in line with the demands of the labor market and Georgia, in general. To achieve …

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SOCAR OGPC Project Frozen for Time Due to Low Global Oil Prices

SOCAR OGPC Project Frozen for Time Due to Low Global Oil Prices

 The State Oil Company of Azerbaijan (SOCAR) has suspended its project on a new oil & gas refining & petrochemical complex (OGPC) because of the fall in oil prices. SOCAR vice president for strategic development Tofiq Gahramanov says that “active work on the SOCAR OGPC project has been temporarily frozen”. …

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Demand for Georgian Trout Grows in Europe and Arab Countries

Demand for Georgian Trout Grows in Europe and Arab Countries

The trout farm that is located on 4 500 square meter space in the village of Saghrasheni, on the river Algeti embankment, plans to increase its annual output to 100 tons. Individual entrepreneur Giorgi Gharibashvili told the Business Press News agency that the demand for Georgian trout grows in Europe …

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