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Daily Archives: June 14, 2016

Ivanishvili: It is Very Pity to Represent Pirosmani Merely in Georgia

Ivanishvili: It is Very Pity to Represent Pirosmani Merely in Georgia

The Ex-Premier agrees to the art critics. Bidzina Ivanishvili declares, that it is very pity to represent Pirosmani merely in Georgia. He is a world-class artist and his works should be on the market. The Ex-Premier confirmed  delivery of Pirosmani’s art of piece, acquired at Sotheby’s at 4 times higher …

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Construction of Ytog Plant Starts

Construction of Ytog Plant Starts

Implementation of Ytong energy efficient concrete block project is officially started. The agreement is already signed with Partnership Fund, local Ytong Capital and German company Xella. The plant should be built at the near-by area of Tbilisi. Construction of the plant should be finished late in 2107, while the plant will manufacture …

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Hualing Unveils Multiprofile Hospital in Tbilisi

Hualing Unveils Multiprofile Hospital in Tbilisi

Residents of Varketili and Vazisubani district will be able to receive pediatric and adults inpatient services withing their own living zone. On June 14 Prime Minister Giorgi Kvirikashvili unveiled a 100-bed multiprofile hospital with high-technology equipment on the Tbilisi Sea territory. Health Minister David Sergeenko, Hualing Group director general Wang …

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ADB Expresses Support to the Government’s four-point Reform Plan

ADB Expresses Support to the Government’s four-point Reform Plan

The Asian Development Bank (ADB) expresses support to the government’s four-point reform plan – the Excutive Directors of the ADB noted in their conversation with Prime Minister Giorgi Kvirikashvili at today’s meeting. The Head of the Government thanked Asian Development Bank for the support and noted that Georgia appreciates ADB’s …

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NBG to Introduce Regulation on Online Loans without an Agreement

NBG to Introduce Regulation on Online Loans without an Agreement

We should regulate market of online loans so that not to “kill it” and to envisage interests of such type borrowers, – President of NBG declares. Despite the banking sector’s resistance, the Regulatory does not exclude to work out regulation norms for online loans without agreement with the sector. Koba …

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Hualing Plans to Make Investment in the Civil Aviation

Hualing Plans to Make Investment in the Civil Aviation

Hualing Group plans to make investment in various fields of civil aviation alongside the establishment of air company. Representatives of the company have noted about it at the meeting held with Civil Aviation Adininistration in China. Representatives of Civil Aviation Agency have been visiting China for 3 days. They were discussing promotion of …

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The Usage of Mobile Internet Services Poses a Big Increase

The Usage of Mobile Internet Services Poses a Big Increase

The usage of mobile Internet services poses a big increase. Thus, in the fourth quarter of 2015, 38.6% of mobile subscribers (2.14 million subscribers) used Internet services through mobile devices. According to the Regulatory Commission’s annual report, the consumed amount of Internet traffic is characterized with a significant upward trend. In 2015 it …

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Racha-produced Dry Products to Go to Exports Markets

Racha-produced Dry Products to Go to Exports Markets

The so-called dry products produced in the Racha Region will be exported to Germany. GeoFlower company produces dry roots of codling, bilberry, thorn, liquorice, wild pear, mandarin’s dry fruit. A major part of the products is exported to Germany. The enterprise of GeoFlower opened in the Racha Region in 2010. …

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New A-Class Business Centers and High-Quality Hotels

New A-Class Business Centers and High-Quality Hotels

Colliers International Georgia views the development trends on the Georgian real estate market positively. The company’s managing director Irakli Kilauridze tells Property Georgia about the existing challenges on the local market, achievements and expectations. Your company regularly conducts research of the local real estate market. What are the forecasts for …

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