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Daily Archives: June 10, 2016

Disaster of June 13 Made a Loss of 100 mln to Tbilisi

Disaster of June 13 Made a Loss of 100 mln to Tbilisi

Expenditures of 80 million are made to recovery for the loss of disaster of June 13-14 of the previous year. Tbilisi City Hall has made a report of fulfilled works linked to June 13. It has been noted that the total loss has amounted to 100 million GEL. It should be …

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Agreement is Achieved on Georgia’s Debt Towards Kazakhstan

Agreement is Achieved on Georgia’s Debt Towards Kazakhstan

The negotiations have been productive within the frame of Economic Commission, – Economy Minister Dimitri Kumsishvili has declared while delivering a speech at Countries Intergovernmental Commission. According to him, the sides have agreed on such issues which have been unsolved for along time. One of them is Georgia’s debt towards …

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Construction Company of Gas Pipeline in Tbilisi

Construction Company of Gas Pipeline in Tbilisi

Construction of underground gas reservoir in Georgia might be started in September of this year, – Azerbaijan agency Fineko/abc.az. reports. The agency disseminates the news relaying on Kakha Kaladze, that tender results linked to the construction company should be revealed in the upcoming days. To note, over 230-250 cubic m …

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The Majority of Cars in Georgia are Outdated

The Majority of Cars in Georgia are Outdated

In Georgia 91% of cars are produced until 2006. The amount of vehicles in Georgia is increasing every year. According to the Analytical Department of Ministry of Internal Affairs, the growth rate amounted to 8.23% in 2015. The majority of cars (91%) are produced until 2006. The cars produced 3 years ago, …

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Activity is Declined at the Real Estate Market in May

Activity is Declined at the Real Estate Market in May

May has not turned out successful month for real estate market, activity is dropped and transactions number has made up 46 707. The decline is 11,6% y-o-y, while sharp drop is fixed comparing to April. Namely, transaction number is declined by 16.4% comparing to the previous month: decline is fixed …

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Small Companies Produce Better Quality Wines than Large Ones

Wine Tourism Association: Small companies produce better quality wines than large winemakers

Small-scale wineries produce better products than the big industrial producers, according to Levan Chubinidze, founder of Wine Tourism Association. In his opinion, today there is very intense competition between winemakers, as they attended various exhibitions both in Georgia and abroad. “It’s good, but in order to establish business contacts, it …

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June 2016 is Georgian Wine Month in USA

June 2016 is Georgian Wine Month in USA

June has been declared as Georgian wine month in the US. Georgia’s National Wine Agency is sponsoring a variety of events in the USA throughout the month. Branching out from 2014’s inaugural tasting in New York, and first Georgian Wine Month held in October 2016, this year’s tour also includes New …

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150 New Buses will Appear in Tbilisi from September

150 New Buses will Appear in Tbilisi from September

In September 2016, modern, safe and convenient new buses will appear in Tbilisi. However, the City Hall is expecting the final decision the European Bank for Reconstruction and Development (EBRD) will make. “Almost everything is completed and the bringing of the new buses have been already resolved, but the final word should say …

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