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Daily Archives: March 23, 2016

The MP Invited Belarusian Investors to Georgia

The MP Invited Belarusian Investors to Georgia

Georgia, as a reliable trade and investment partner – has been the main theme of Georgian MP George Kvirikashvili’s speech at Georgian-Belarusian Business Forum, held in Minsk. George Kvirikashvili has provided sufficient information about Georgia to the investors. He mentioned attractive investment environment of the country, FTA and GSP with …

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Textile is Considered as the Number one Exporting Product from TFZ

Textile is Considered as the Number one Exporting Product from TFZ

General director of “Georgian Technology Park”, administrator company of Tbilisi Free Zone, does not specifies interested pharmaceutical and companies of light industry, but he has accurate news on the success of negotiations. George Tabidze has declared about the interests of leading companies and stimulations of exports of the produced products …

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TBC Bank Named the Best Bank in Georgia 2016 by Global Finance Magazine

TBC Bank Named the Best Bank in Georgia 2016 by Global Finance Magazine

TBC Bank has been named the Best Bank in Georgia 2016 by Global Finance magazine in the publication’s exclusive survey, the World’s Best Emerging Markets Banks 2016. This is the fifth consecutive and eighth total win for TBC Bank in the Best Bank category. Criteria for selection included growth in assets, profitability, strategic …

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Georgia to Begin Anti-hail Rockets Production

Georgia to Begin Anti-hail Rockets Production

From the next week the anti-hail rockets production process will begin in Georgia. Military Scientific Technical Centre ,,Delta” moves on local production. As is was stated at the company till today Georgia was buying anti-hail equipment from Macedonia and Bulgaria. “Import will be replaced, as the company will itself produce the anti-hail …

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Georgian Bouquet to Commence Tea Processing Plant Construction

Georgian Bouquet to Commence Tea Processing Plant Construction

LLC Georgian Bouquet plans to start tea processing factory construction. The company had already been transmitted the land from the government at a miserable price 1 GEL. Thus the company is located in the village Dvabzu, Ozurgeti region. Ilia Basilashvili, the founder of the company makes a statement that 1 million GEL will be invested …

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Millions of GEL for Electricity Supply of Abkhazia will be Written off

Millions of GEL for Electricity Supply of Abkhazia will be Written off

Official Tbilisi will written off Millions of GEL for electricity supply of Abkhazia in this year as well. Total debt of 2014-2015 amounts to 56 million. As of the government decree, LLC “EbgurHES”, LLC “VardnilHES Cascade” and “Georgian State Electricity” will written off the debt. Namely, hopeless debt of “EbgurHES” amounts to …

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Rouhani Preparing to Visit Pakistan to Spur Energy Projects

Rouhani Preparing to Visit Pakistan to Spur Energy Projects

Iranian president Hassan Rouhani is preparing to visit Pakistan in coming days, IRNA reported on March 22. According to the report, the major agenda at Rouhani’s visit to Islamabad is negotiation over Iran-Pakistan gas pipeline as well as boosting power export to this country. Before, Pakistani Express Tribune reported that two …

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Russia Considered as The Key Export Market of Mineral Waters

Russia Considered as The Key Export Market of Mineral Waters

Russia is considered as the key export market of mineral waters. According to official data,  mineral waters of 12,028 million USD were sold at the foreign market through January – February of this year, Decline is 19,5% y-o-y. Mineral waters are ranked as the 6th with 4,3%-share in the total …

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