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Daily Archives: June 3, 2016

New Modern Wagons will be Added to the Metro

New Modern Wagons will be Added to the Metro

New modern wagons (4 wagons) were added to Tbilisi metro park. According to Tbilisi Transport Company, the mentioned composition will daily serve to the passengers. Modernization of wagons includes capital repairs as well as installation of modern systems, change of wagon interior and exterior, replacement of old lightings by new …

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MagtiCom Wants to Attract 100 mln USD from EBRD

MagtiCom Wants to Attract 100 mln USD from EBRD

MagtiCom wants to attract up to US$ 100 million senior A/B Loan from EBRD. The use of proceeds is to finance acquisition of retail assets of Caucasus Online (“CO”). European Bank for Reconstruction and development (EBRD) has already started considering of senior A/B Loan. Up to US$ 100 million senior …

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The Price of Oil Over 50 dollars

The Price of Oil Over 50 dollars

Since the end of the last year for the first time, the price of Brent crude oil has exceeded 50 dollars. A a result of today’s trade,“Brent” crude oil price made up 50.04 dollars on London Stock Exchange (LSE). In addition, WTI-‘s oil price increased by $ 0.01, which price have reached 49.18 dollars on the …

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The Representatives of JSC Partneship Fund Met with the Regional Director of EBRD

The Representatives of JSC Partneship Fund Met with the Regional Director of EBRD

The representatives of JSC Partneship Fund had a meeting with the Regional Director of EBRD. The European Bank for Reconstruction and Development (EBRD), Director for Energy and Natural Resources, Russia and Central Asia, Aida Sitdikova, met with the representatives of JSC Partnership Fund. As the Partnership Fund noted, the representatives of JSC Partnership Fund with …

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Inflation Rate in Georgia on May 2016

cpi

In May 2016 the monthly inflation rate amounted to -0.4 percent in Georgia. Compared to the same month of previous year the Consumer Price Index change (annual inflation rate) posted a 2.1 percent increase. Compared to 2010 average the index rose 16.6 percent. The following table shows percentage changes in …

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The 5-star Four Season Hotel to be Built in Tbilisi

The 5-star Four Season Hotel to be Built in Tbilisi

The 5-star hotel, titled “Four Season Hotel” will be built in Tbilisi in the very near future. The hotel will be located on Rustaveli Avenue N12. This information was spread on social network “Facebook“. Four Seasons Hotels and Resorts is the world brand, having hotels in the United States, Italy, England, Russia, …

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Around the World in a Day with Hilton Batumi

Around the World in a Day with Hilton Batumi

Have you ever been Around the World in a Day? Join us to go Around the World in a Day and make a difference to Children with special needs! Participate in activities organized by Hilton Batumi on June 11 and let’s collect kilometers and raise funds to support Children! Join us on the …

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