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Daily Archives: March 10, 2016

CMEC Got Interested in Making Investments in Georgia

CMEC Got Interested in Making Investments in Georgia

China’s biggest corporation CMEC (China Machinery Engineering Corporation) got interested in making investments in Georgia. Currently, the company’s delegation is visiting and holding meetings in Tbilisi. A meeting  with the Partnership Fund already took place. The Fund introduced its mandate, functions and priorities. According to the management of China Machinery Engineering …

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New Mziuri Park Project is Completed

New Mziuri Project is Completed

Local organization “Mziani” has finished its infrastructure project of New Mziuri and handed it over to the Mayor’s office for review and approval. As the author of the project, Ana Goguadze told “Business contact” repair works will begin in one week. Mziuri Park’s amphitheater and Café will be totally restored. The amphitheater …

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Numismatic Treasury Exhibition Opens with Support of Liberty Bank

Numismatic Treasury Exhibition Opens with Support of Liberty Bank

The Numismatic Treasury standing exhibition was unveiled at Simon Janashia Museum of Georgia at 19 o’clock on March 9. The event was organized with the support of Liberty Bank. The exhibition was unveiled by David Lortkipanidze, director general of the Georgian National Museum, Mikheil Giorgadze, Minister of Culture and Monuments …

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Gold price rose – Countries with the largest Gold Reserves

Gold price rose - Countries with the largest Gold Reserves

The price of gold rose. During one week the price of precious metal meaningfully increased in the world market. According to recent data, the price of an ounce of gold is worth $ 1272, whereas for example, on March 2, it cost $ 1225 . According to “Business Insider“, the central banks cannot …

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SOCAR Gives Chance to the Customers to Attend Euro-2016

SOCAR Gives Chance to the Customers to Attend Euro-2016

“SOCAR Georgia Petroleum” gives chance to the customers to attend Euro-2016. The company started a drawing – the customers, who acquire fuel in the chain of SOCAR have a chance to go to Paris and attend opening and final games of European Championship 2016. “A customer must become holder of …

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The First Provincial Restaurant Launched in Tbilisi

The First Provincial Restaurant Launched in Tbilisi

The American businessman John H Wurdeman had strong wish to open up his own restaurant. Finally, his wish came true and he launched the first provincial restaurant in Tbilisi with his Georgian partner Luarsab Togonidze. The name of the restaurant is “Pilpili”. Wurdeman went to Georgia in 1996 and settled …

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Kumsishvili Offered OPIC to Engage Anaklia Sea Port in the Project

Kumsishvili Offered OPIC to Engage Anaklia Sea Port in the Project

The U.S. Government agency “Overseas Private Investment Corporation” (OPIC) will continue to make investments in Georgia It has become obvious after the meeting held between Dimitri Kumsishvili and Elizabeth L. Littlefield, OPIC President & CEO. It has been noted, that as of the successful experience, the organization will still continue investments in various priority …

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Rating of Georgia’s Major Investor Countries in 2015 (Infographics)

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Major foreign direct investments in Georgia were attracted from Azerbaijan in 2015. The ratio of Azerbaijan in Georgia’s total FDI inflows marked 40%, Geostat, the national statistics service of Georgia, reports. Azerbaijanი investors have put 542 million USD in Georgia in 2015, up 50% compared to 2014. The United Kingdom (UK) …

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