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Daily Archives: March 1, 2016

Georgia Marks World Rare Disease Day

IPF Georgia

Georgia marks the World  Nongovernmental organizations have named the idiopathic pulmonary fibrosis (IPF) as the 2016 priority direction among other rare diseases. In relation to this day, a news conference was held at Radisson BLU Iveria hotel. The meeting was held by support of the Georgian Foundation of Genetic and …

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Azerbaijan, Iran Mull Establishing Joint Medicine Facility

Azerbaijan, Iran Mull Establishing Joint Medicine Facility

Azerbaijan’s Economy and Industry Minister Shahin Mustafayev and a delegation of the Iranian Darou Pakhsh Company have discussed establishment of a joint facility engaged in production of pharmaceuticals. The discussions were held in Baku on February 29. The sides also mulled offers earlier made by Iran to the Azerbaijani side. Later, …

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Georgia Might to Become Participant of Multimodal Transport Corridor

Georgia Might to Become Participant of Multimodal Transport Corridor

Representatives of Azerbaijan, Kazakhstan, Iran, Georgia and Turkmenistan have covered the prospects of development of multimodal transport corridor East-West. Heads of railway and maritime transport of 5 countries took part in the meeting. In particular, they discussed such issues as the reviewing of the existing transport infrastructure of the region, …

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The Georgian Engineer’s Invention to Solve Water Supply Problem

The Georgian Engineer's Invention to Solve Water Supply Problem

Soso Narchemaishvili invented water pump aggregate which is already spread in seven villages and installed as well. “Irekson” has totally resolved the water supply problem. Its exclusiveness lies in the detail that it works only on the water pressure and there is no expenses need on its functioning. As the inventor …

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Azerbaijan Hikes up Gas Supply to Georgia

Kaladze

The daily volume of Azerbaijani gas supply to Georgia has reached 8.3 million cubic meters, SOCAR reported. Georgia’s energy minister Kakha Kaladze is participating in the second Southern Gas Corridor Advisory Council Meeting. The energy ministers and representatives of various organizations from the Southern Gas Corridor member-states, including vice-president of …

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Galt & Taggart Named As The Best Investment Bank

Global Finance Named Galt & Taggart As The Best Investment Bank

Galt & Taggart was named as the best investment bank in Georgia by Global Finance and Industry experts. Galt & Taggart stated the information that it obtained the title of “The best investment bank 2016 throughout Georgia” and was awarded by Global Finance. The magazine – Global Finance revealed the …

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Georgia Develops its Hotel Industry

Hotel

The hotel industry development component of the Produce in Georgia program was introduced at the Intercontinental hotel. Georgian Prime Minister Giorgi Kvirikashvili and Economy Minister Dimitri Qumsishvili attended the component presentation. The project enables any interested entrepreneur to build a new hotel in regions of Georgia, excluding Tbilisi and Batumi, …

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New Brand to Appear on Georgian Meat Products Market

New Brand to Appear on Georgian Meat Products Market

On the Georgian meat products market new brand has appeared. Ltd, “Sogur” started to produce “Madiani Gourmet” few weeks ago. Mainly production is sold in the regions. “Madiani Gourmet” currently owns a single store in Tbilisi. According to the store owner, they are engaged in both wholesale trade and retail trade. …

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SOCAR Launches New Oil Well

Azerbaijan’s energy giant SOCAR will produce nearly 11,000 tons of oil and over 5.8 million cubic meters of gas annually by putting into operation a new well on Oil Rocks offshore field, SOCAR said. Oil is extracted from the well bore within the range of 2557-2565 meters, the company said. …

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