Turkey will accelerate Baku-Tbilisi-Kars Railway construction, – Ahmet Arslan, minister of Transport, Navigation and Communications has declared to the local media. He noted, that today should visit Kars province and see ongoing construction. “The project is important for Turkey and whole region. Baku-Tbilisi-Kars Railway will provide transformation of Kars province …

Next year, Georgia will be the first guest country of the Wine City opened in Bordeaux, France. The ceremony opened by President of France Francois Hollande was attended by the Prime Minister of Georgia. In 2017, the museum that represents the largest part of the Wine City, will host Georgia …

Partnership Fund finished construction of greenhouse of Imereti Greenery. The greenhouse is located in Samtredia and Partnership Fund started its expand in January, 2016. The fund has extended greenhouse industry on 1,6 ha in additional within the frame of the project. Partners of the project are Dutch companies Georgian Freshholding …

President of France fully supports Visa Liberalization of Georgia, – Francois Hollande stated in Bordeaux during his face-to-face meeting with Prime Minister of Georgia Giorgi Kvirikashvili. President of France positively assessed the reforms implemented by government as well as progress achieved by Georgia in the Visa Liberalization process. The head …

ISET published Khachapuri Index of May. In May 2016, the average cost of cooking one standard Imeretian khachapuri declined to 3.08 GEL, which is 2.7% lower month-on-month (that is compared to April 2016), but 7% higher year-on-year. According to ISET, the main khachapuri ingredient is Imeretian cheese, and, naturally, its price …

The Cross-Border Electricity Trading Summit was opened today by Georgia’s Energy Minister Kakha Kaladze and the United States Agency for International Development’s (USAID) Caucasus Mission Director Douglas H. Ball. The main objective of the Summit is to bring electricity suppliers together to discuss how to create a competitive trading environment for …

The Philippines – Georgia Friendship Mini‐Park will be inaugurated on June 1 st , International Children’s day. The project is being funded by Batumi International Container Terminal LLC (BICT), the Philippines’ largest investor in Georgia and the operator of the container terminal of the port of Batumi. BICT is a wholly‐owned subsidiary of Philippine …

The Georgian insurance sector finished the first quarter of 2016 in 4.4 million GEL profits, while the sector’s losses in the same period of 2015 marked 3.3 million GEL. At the same time, the insurance sector ended the previous year in 2.6 million GEL profits. In the reporting period, the …

It was announced the expression of interest towards Zugdidi’s airport construction-rehabilitation and management. According to LLC “Georgian Airport Union”, the department is interested to carry out airport’s construction-rehabilitation and its further operation in Zugdidi. “In terms of the agreement, we express our desire to transfer the real estate to the …

Silk Sport is a specially designed content for Silk TV subscribers that has become the most popular and in-demand package in the Georgian television space in a short period. It unites three sport channels: Silk Sport HD1, Silk Sport HD2, Silk Sport HD3. The mentioned channels enjoy exclusive rights for …

A diamond-encrusted crocodile-skin Hermes handbag with white gold details has broken the record for the world’s most expensive ever sold at auction, fetching nearly $300,000 at a Hong Kong sale. The rare Himalaya Niloticus Crocodile Diamond Birkin 30 went to an unknown phone bidder late Monday (May 30) for HK$2.32 …

Transparency International – Georgia conducted a  survey all over Georgia. The survey process was carried out by the Caucasus Research Resources Center (CRRC) and 2032 citizens were questioned. According to the research, 61% of the population suggest that high-income citizens should pay higher health insurance premium and in this way …