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Daily Archives: March 31, 2016

Liberty Bank Introduces New Brand Envoys

liberty bank

Liberty Bank director general Aleksi Khoroshvili introduced three new brand envoys at the bank’s head office: Nino Khomeriki (chess player), Mzia Beboshvili (judoka) and Elene Midelashvili (astrophysicist). “Liberty Bank’s new envoys are talented persons that strive for success with full essence and huge efforts. The victory and advancement of gifted …

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Black Sea Rivera to Build Hotel in Ganmukhuri

Black Sea Rivera to Build Hotel in Ganmukhuri

Ltd. Black Sea Rivera will build at least 120 room hotel complex in Ganmukhuri. The company was named as the winner  of electronic auction that was held by the Ministry of Economy and Sustainable Development. Real Estate combines 33951 sq.m. non – agricultural land and the buildings, while its initial market value …

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Two Reasons for Moscow to Resume South Stream Project

Two Reasons for Moscow to Resume South Stream Project

Despite the fact that the European Union is ready to resume talks with Russia over the South Stream gas pipeline, the project should fully comply with the rules of the Third Energy Package, independent European Researcher Andreas Marazis believes. Meanwhile Russia’s unwillingness to meet its requirements was the reason why …

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Hammond: Georgia is The Most Business-Friendly Country

Philip Hammond

According to the statement of Philip Hammond, who is a British conservative politician, the secretary of state for foreign and commonwealth affairs since 15 July 2014, Georgian economy and political reforms have made tremendous progress. Hammond made an announcement on the briefing that was held after the meeting with Georgian Prime …

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Georgia and Korea Sign Double Taxation Prevention Agreement

Georgia and Korea Sign Double Taxation Prevention Agreement

On March 31 Georgian Finance Minister Nodar Khaduri and Korean Republic vice Prime Minister YOO IL HO signed an agreement on Prevention of Double Taxation and Tax-payment Evasion. The parties also discussed economic cooperation enhancement issues and opportunities for attracting investments. Georgian Ambassador to Korean Republic Nikoloz Apkhazava also attended …

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SOCAR Expects to Resolve DESFA Issue by Late 2016

SOCAR Expects to Resolve DESFA Issue by Late 2016

The acquisition issue of 66 percent stake of Greece gas distribution network operator – DESFA by the State Oil Company of Azerbaijan Republic (SOCAR) and sale of 17 percent share to European companies can be solved by late 2016, the website Natural Gas Europe reported March 31 quoting sources in …

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TBC Bank Named as Best Bank for 2016

TBC bank

The Global Finance, the world’s influential financial magazine, has named TBC Bank as the best bank for 2016.  In its exclusive research, the Global Finance named winner commercial banks in the emerging markets. Over the past 5 years on end TBC Bank has won the best bank’s nomination. In whole, …

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