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Daily Archives: March 4, 2016

Georgia Will Get Additional Gas And Lower Tariffs From SOCAR

Georgia Will Get Additional Gas And Lower Tariffs From SOCAR

Energy Minister Kakha Kaladze and Rovnag Abdullayev, President of “SOCAR” have approved amended memorandum, signed in December, 2011 between Georgian government and company SOCAR. However, amendments have been made to the document signed between “Georgian Oil and Gas Corporation” and LLC “SOCAR GAS Export-Importer” and an agreement made “on Natural …

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Azerbaijan, Iran Plan to Launch New Passenger Route

Azerbaijan, Iran Plan to Launch New Passenger Route

Baku and Tehran are planning to launch a passenger train between Azerbaijan’s Nakhchivan city and Iranian city of Mashhad. This intention was sounded at a meeting between Javid Gurbanov, the Head of Azerbaijan Railways CJSC and Abbas Hajfathaliha, a member of the Board of the Iran Railways in Nakhchivan on …

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Georgian Company Clean World Joins UN Global Compact

Khatia Alpaidze

The United Nations Global Compact is the world’s largest corporate sustainability initiative, which promotes creation of sustainable and inclusive global economy for people, society and market. The initiative is based on 10 principles and 4 main directions: human rights, labor rights, environmental protection and anti-corruption. The mentioned 10 principles represent …

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Agro-Aroma Group To Open Plant in Akhmeta

AgroAroma Group To Open Plant in Akhmeta

The company “Agro-Aroma Group” will open up new plant in order to produce essential oils, animal food and textile products. The company will directly buy privatized state-owned non-agricultural land and the building as well. This all are located in the same area, specifically in Akhmeta, at Orbeliani Street. The management are going …

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Competition Should Decrease Prices of Medications: Ministry of Healthcare

Georgian society still express their interests towards new pharmaceutical company Humanity-Georgia. Are their medications of a good quality? Head of pharmaceutical activity department of the Ministry of healthcare David Macharashvili tried to answer this question in his interview at press club Jandacva.ge I wonder, why entrance of one particular company provoked such …

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FAO Food Price Index Steady in February, Palm Oil Rises

food

The FAO Food Price Index was stable in February, as falling sugar and dairy prices offset a substantial jump in vegetable oil prices from the previous month. Averaging 150.2 points for the month, the FAO Food Price Index was virtually unchanged from a revised 150.0 points in January and  down …

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Georgia To Discuss New Regulations on Microfinance Institutions

Micro finance regulations

The discussion concerning about the regulations of Microfinance Institutions will be held in March. The Deputy Chairman of the Finance and Budget Committee, Nodar Ebanoidze provided this information to businesspressnews. According to him, the core themes about the microfinancials’ and online credits’ regulations and reporting forms will be discussed. “Today, Microfinance …

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“Do Not Puff On Me” The Street Protest

"Do Not Puff On Me" The Street Protest

Today, in front of the public school N64, located at Vaja Pshavela avenue, in Tbilisi, “Tobacco Control Aliance” will held a street protest demosntration, titled as “Do Not Puff On Me!”. This is the way the participants are going to address to the Government, Parliament house and the Judiciary, to say “Do …

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Radio Liberty: Tbilisi Expects Visa-Free Travel Within EU By End Of June

Visa Liberalisation

International news agency Radio Liberty publishes an article, saying Georgia is due to start visa-free travel within European countries by end of June, 2016. The information is spread by Georgia’s Foreign Minister Mikheil Janelidze whi saying country expects the European Union to liberalize its visa rules for Georgian citizens by the …

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REUTERS: Oil Exports via Baku-Tbilisi-Ceyhan Pipeline Drop 2.2 pc

Baku-Tbilisi-Ceyhan

Oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey totalled 4.6 million tonnes in January-February, down 2.2 percent from the same period last year, Azerbaijan state energy company SOCAR said on Thursday. Oil exports through the BTC rose 1.15 percent in 2015 to 28.836 million tonnes. Azerbaijan exports …

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