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Daily Archives: May 24, 2016

Georgian Co-Investment Fund to Invest US$120 million in Concrete Production Facilities in Georgia

Georgian Co-Investment Fund to Invest US$120 million in Concrete Production Facilities in Georgia

HeidelbergCement Caucasus (“HC Caucasus”), Georgian Co-Investment Fund (“GCF”) and Hunnewell Partners LLP (“Hunnewell”) held an official presentation of their US$120 million joint investment project to upgrade HeidelbergCement’s existing cement and concrete facilities in Georgia. The final closing of the agreement is scheduled for June 2016. Aside from the financial contribution, …

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Leading Georgian Laboratories Can Only Partly Satisfy EU Standards

Leading Georgian Laboratories Can Only Partly Satisfy EU Standards

Filbert and filbert growing is a quickly-developing and competitive field that, unlike other agriculture fields, has never used state subsidies and the filbert exports are increasing irreversibly. In his interview to the Business Contact, Deputy Agriculture Minister of Georgia David Galegashvili talks about filbert and its potential. -Why do you …

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Honey from Hilton Batumi’s Fourth Floor

Honey from Hilton Batumi's Fourth Floor

Four bee families occupy the 4th floor of Hilton Batumi hotel. A beekeeper cares for the bees that collect flower extracts in Batumi boulevard and the 6th of May Park. After the hotel management receives the first honey,  Hilton Batumi guests will be able to taste natural Georgian honey made …

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Tbilisi City Court Sequestered Sheraton Metechi Palace Hotel

Tbilisi City Court Sequestered Sheraton Metechi Palace Hotel

Sheraton Metechi Palace hotel has been sequestered, the PIA news agency reports. Tbilisi City Court has passed this form of legal restriction in relation to the legal dispute between  VI2 Partners GmbH, an Austrian company, and RAKIA Georgia. The decision serves as a security of claim. The court has also …

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Azerbaijani FM Talks Importance of Southern Gas Corridor for Europe

GAS

Timely and successful finalization of the Southern Gas Corridor project is critical for bringing alternative gas volumes to Europe, said Azerbaijan’s Foreign Minister Elmar Mammadyarov. He made the remarks addressing a meeting of the Foreign Ministers of Eastern Partnership countries in Brussels May 23. The revised European Neighborhood Policy (ENP) …

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Computer Games Bring Georgian and Abkhazian Youth Together

In 2014 Georgia inaugurated a special project for familiarizing Georgian and Abkhazian young people. The project is financed by the EU and the UN. Computer games were developed to reconcile Georgian and Abkhaz young people in order to bring them closer and unite them. Nino Nanitashvili, advisor for Elva NGO …

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Georgia Works on Filbert Bill Mechanism

nuts

The Ministry of Agriculture of Georgia, jointly with international donor organizations, is developing the so-called Filbert Bill. The new mechanism is expected to come into action at the end of 2016. Initially, more than 500 shareholders of Darcheli Filbert agriculture cooperative will employ this mechanism, Tengiz  Kalandadze, head of the …

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Chinese Airline to Perform Direct Flights from Georgia to USA

Chinese Hualing Group, a Georgia’s major investment company, plans to introduce My Way Airlines, a Chinese airline, to Georgia to perform direct flights to the USA, Igor Aptsiauri, the first deputy director of the civil aviation agency, told the Commersant. This is a new airline that was established in China …

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Winery Khareba wins gold and silver at Citadelles Du Vin in Bordeaux

Winery Khareba wins gold and silver at Citadelles Du Vin in Bordeaux

Georgian producer Winery Khareba has won two gold and two silver awards at Citadelles Du Vin wine contest in Bordeaux, France. Gold award winners are: Kindzmarauli 2014 (Prix special pays – Special country prize) Mtsvane 2015 Silver award winners are: Chateau Lipartiani 2012 Saperavi Premium 2012 Winery Khareba’s success in …

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