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Monthly Archives: March 2016

Top 5 Teen Book List

books

It is well-known for everybody that in the epoch of computers, it is very difficult to make youth interested in reading. However, nowadays, Georgian teenagers are really very strongly into reading. The bright example of this is the long queues at the bookstores. Due to the project Liberteens, which was set …

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Wall Street Journal: A Toast to Georgian Wine

wall street journal wine

Writer of the Wall Street Journal Lettie Teague, writes a story about New Yorker who moved to Georgia and wrote her last book “For the Love of Wine: My Odyssey Through the World’s Most Ancient Wine Culture”. Natural-wine advocate Alice Feiring has never been one to shy away from a …

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Parliament Approves New Member of NBG Board

Koba Gvenetadze Elected as National Bank Board Member

The Parliament of Georgia has approved the candidacy of Koba Gvenetadze by 81 votes to elect him as a member of the board of the National Bank of Georgia (NBG). As reported, the position became vacant after the NBG President Giorgi Kadagidze finished his term in the NBG board on …

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Liberty Bank Assets Grow by 5.3%

Liberty Bank Assets Grow by 5.3%

The Liberty Bank market ratio has shrunk. As of February 1, the Liberty Bank’s market ratio in terms of assets accounts for 6.2% (7% as of 01.02.15 and 7.7% as of 01.02.14). The year on year indicator has increased by only 5.3%. Loans portfolio has declined by 7.5% year on …

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Humanity- Georgia Intents to Cooperate with NGO’s

Humanity GeorgiaHumanity Georgia

Public Relations manager of pharmaceutical company Humanity-Georgia Nino Daraseli  made a special announcement to clarify all received questions towards the company, she said that Humanity- Georgia fully accepts the principle of transparency and openness and is ready to cooperate with any organization. We are ready to cooperate with any kind …

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Soplidan Named as The Best Startup of 2015

dairy products

Soplidan was named as The Best Startup of 2015 at the survey. The company was established in 2015. The main objective of the company is to provide the population of Tbilisi with healthy foods. The customer is able to order any desired product without leaving the house. The product is branded …

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Azerbaijan’s Position Allows to Expand North-South Route

Azerbaijan's Position Allows to Expand North-South Route

Azerbaijan’s geographic location will allow expanding the North-South international transport route to the West. This was stated by Economy and Industry Minister Shahin Mustafayev last week. Speaking to local media, the minister said that the North-South transport route will make it possible to realize cargo transportation to Pakistan, India, Central …

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24% more International Visitors Arrived in Georgia in February

24% more International Visitors Arrived in Georgia in February 2016

In February 2016 almost 24% more international visitors arrived in Georgia. Georgian vice Prime Minister, Minister of Economy and Sustainable Development Dimitri Kumsishvili held the briefing concerning about the international visitors arrival in Georgia.  According to him, based on the statistics for February 2016, almost 24% more international travelers visited …

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VTB Bank Announced About the General Sponsorship of National Football Team

VTB Bank Announced About the General Sponsorship of National Football Team

VTB Bank has become the general sponsor of National Football Team. Memorandum is already signed between the bank and Georgian Football Federation. According to it,  the bank becomes the general sponsor of National Football Team. The signed agreement envisages two-year sponsorship. Besides the fixed amount, the contract provides result-oriented additional sum, …

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State Budget Revenues Shrink in January-February

Lari

In January-February 2016 the state budget revenues marked 1 178 million GEL, down 163 million GEL (-12%) compared to the same period of 2015. It is worth noting that, compared to the 1Q15 plan, the first quarter of 2016 is expected to receive 280 million GEL less revenues. Tax revenues …

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Baia’s Wine May Enter British market

Baia's Wine May Enter British market

22-year-old Georgian lady winemaker’s wine named Baia’s Wine might be sold in England. As Baia Abuladze, the young entrepreneur and winemaker told Georgian Journal, one of the famous companies involved in exporting wines to England, Australia and 40 more countries, became interested in her brand. Baia was attending the Food …

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