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Monthly Archives: April 2016

A Nudist Pop-Up Restaurant Is Coming to London

A Nudist Pop-Up Restaurant Is Coming to London

London has played host to all sorts of weird and wacky pop-ups, from an owl bar to a Game of Thrones restaurant. Next up: a naked pop-up, where guests will have the unique privilege of dining in the buff. As Time Out London reports, the Bunyadi will be divided into “clothed” and “unclothed” …

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French Financial Group Societe Generale may Leave the Georgian Market

French Financial Group Societe Generale may Leave the Georgian Market

After the British HSBC, the French group Societe Generale could leave the Georgian financial market. The group  now owns the bank “Republic” which may be sold. The bank’s management has not  commented on this matter. While representatives of other Georgian banks expressed their opinion in this regard. According to Archil Kontselidze, …

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Investments Flow in Georgia from Offshore Zones

Investments Flow in Georgia from Offshore Zones

Institute for Development of Freedom of Information (IDFI) published research about offshore companies in Georgia. The activities of legal entities registered at offshore zones in Georgia is permitted and it does not contradict the legislation. “Nevertheless, the activities of such companies carry risks. As it turns out, there are number …

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Another Pharmaceutical Factory To Launch in Georgia

In the near future, “Group Anaklia”  company plans to launch a pharmaceutical factory for the production of pharmaceuticals in liquid form, based on a unique mineral water ‘Lugela’ which is known for its high content of natural calcium, an important element in the pharmaceutical industry. In his interview with “Georgia …

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UN Chief Ban Ki-moon To Visit Georgia

Ban-Ki-moon

UN General-Secretary Ban Ki-moon embarks on a two-day tour in Georgia, MFA of Georgia reported. During his visit, UN official will meet Georgian legislative and executive authorities.  It should be noted that, it is the first time after 1994, when UN chief visits Georgia. UN Secretary General Ban Ki-moon visits Georgia on a …

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IMF Appoints Georgia’s NBG President As Acting Manager

Koba Gvenetadze Elected as National Bank Board Member

Koba Gvenetadze, the President of the National Bank of Georgia (NBG), has been appointed as an acting manager of the International Monetary Fund (IMF) from Georgia. Koba Gvenetadze has replaced Giorgi Kadagidze on the mentioned position. The corresponding decision passed by the Government of Georgia on appointment of Koba Gvenetadze …

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Preparing for Exportation of Tskaltubo Syrup

Preparing for Exportation of Tskaltubo Syrup

The company “TSKALTUBO syrup“, which produces natural fruit flavors and natural syrups, plans to export its products. The company’s co-founder Lasha Goduadze declaired that the first time product appeared on the market in October 2015. Nowadays, the company produces  12 kinds of syrup. As a result, the company plans to increase the range and volume …

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China’s AIIB Seeks to Pave New Silk Road with First Projects

Almaty AIIB

China’s flagship international development bank is hoping to pave a new Silk Road, with at least three of its initial projects focused on transport arteries in central Asia and Pakistan. The Asian Infrastructure Investment Bank will help fund a highway in Pakistan, a road project in Tajikistan, and a ring …

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European Commission fully Supports Visa Liberalization of Geogia

European Commission fully Supports Visa Liberalization of Geogia

European Commission fully supports unconditional visa liberalization with Georgia, – Minister of European Commission Jean-Claude Juncker declared during his meeting with Prime Minister Giorgi Kvirikashvili. President of European Commission emphasized that new conditions will not be set forth prior to provision of the visa free regime for Georgia, since the …

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Georgian Designers Unveil Clothing Shop of MALAT on Broadway in New York

Georgian Designers Unveil Clothing Shop of MALAT on Broadway in New York

Clothes and accessories produced by Georgian designers are sold at a store on Broadway in New York. The store was co-founded by three Georgians: Ani Purtseladze, Anika Odzelashvili and Nia Odzelashvili. Ani Purtseladze supervises the business in New York, while Anika and Nia Odzelashvilis manage to combine the business activities …

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