What kind of a company is Delta and what kind of contract agreements has the company concluded?                                                                    …

Academy award and Golden Globe nominee, Tangerines was named as the best European film by one of the most prestigious Spanish film awards Gaudi Awards. The annual Gaudi Awards selected the Estonian-Georgian movie from four cinema projects from Europe. Prestigious ceremony which was held in Barcelona city  also awarded films in 22 other …

Paintings of a young Georgian Artist Nino Khurtsilava, were displayed at new years issues in UK based The daily Telegraph and giant fashion magazine Vogue. Paintings with the name of Dream and YOU & ME belongs to private collection and is exhibited in London. MY MOM’S DREAM: oil on canvas …

1. Gas Storage Tank will Strengthen Georgia’s Regional Positions 2. Everybody against LARI 3. Georgian Bank Sector Hampers Georgian Economy Modernization 4. Commercial Banks Reap Record Profits 5. Tsezar Chocheli – I have Paid the Price for Escaping Communication with Media 6. Setup your offshore company in Dubai 7. Jean-Elie …

In 2015 net profits of Georgia-based commercial banks marked 527.394 million GEL, up 13.2% compared to 2014. Namely, the net profits of commercial banks made up 474.808 million GEL in 2014, according to the statistics of the National Bank of Georgia (NBG). In 2015 revenues of commercial banks constituted 3.454 …

Zura Kukuladze editor-in-chief for the Bank and Finances newspaper, overviews the bank sector issues and challenges Several days ago Sberbank CEO Herman Gref openly criticized the Russian Authorities. The Russian Federation has lost the competition and the development paces have decelerated, he pointed out. Georgian bankers have never made similar …

The GEL exchange rate keeps depreciating. Last week the Georgian national currency saw its historical minimum against USD (1USD=2.49 GEL). Unlike the previous year, when GEL was extremely depreciating, in January 2016 the devaluation paces have decelerated. Despite encouraging statements by the government and the National Bank representatives, the GEL  …

Expert in energy issues Zurab Garakanidze talks about Georgia’s perspectives from the gas storage tank construction and the importance of the project implementation, in general. “We have already found due finances for constructing a gas storage tank, Georgian Energy Minister Kakha Kaladze noted. SOCAR is interested in participating in the …