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Daily Archives: July 7, 2016

TBC Bank Wants to Manage Pension Assets

TBC Bank Wants to Manage Pension Assets

Establishment of Asset Management Fund by TBC Bank before the pension reform is a part of this campaign. “We want to be the first, successful, gain experience and meet the system ready”, – Vakhtang Butskhirikidze, general director of TBC Bank has announced. He noted about the investment expansion, strengthening of …

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Air Arabia Takes First flight on route Dubai-Batumi

Batumi international airport welcomed the first flight from Dubai to Batumi performed by Air Arabia. Direct flights on the route Dubai (Sharjah)-Batumi-Dubai (Sharjah) will be performed during the summer from 7 July till 30 September twice a week, on Thursdays and Saturdays by A-320 type aircrafts. It should also be …

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The Former Designer of Tiffany Opened Jewellery Store in Georgia

The Former Designer of Tiffany Opened Jewellery Store in Georgia

In Georgia, Israeli jewelery brand “Simeli” has appeared. Brand owner Simon Elishakov was the designer of the world-famous jewelry brand “Tiffany” and later he established his own company. According to him special line for Georgia was launched in order to make products available to everyone. Elishakov noted that Simeli creates exclusive models for women, men and children. …

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Georgian Blueberry Goes to United Arab Emirates

Georgian Blueberry Goes to United Arab Emirates

The first consignment of Georgian blueberry has been exported to United Arab Emirates (UAE) with support of the Entrepreneurship Development Agency of Ministry of Economy and Sustainable Development of Georgia. This is the direct result of the UAE business delegation’s visit to Georgia in May 2016, when the Parties discussed …

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Khalisi Soft Drinks Company to Build Plant in Kharagauli

soft drinks

American and Finnish partners have showed interest in products of Khalisi soft drinks company that appeared on the market two months ago. The company founder Mamuka Karelidze told the Commersant that the company  manufactures not ordinary juice products, but a mixture of eastern seasoning and Georgian fruits and berries. Foreign …

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Representatives of Beer Factories to Meet with Prime Minister

Representatives of Beer Factories to Meet with Prime Minister

The Georgian beer industry representatives plan to meet with Georgian Prime Minister Giorgi Kvirikashvili in the near future. Natakhtari company corporate affairs director Nikoloz Khundzakishvili  told the Business Contact that the current problems before the beer manufacturers should be resolved at the level of the Prime Minister. “We consider all …

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SOCAR Builds New Tank Farm at Oil Terminal in Georgia

Azerbaijani state oil company SOCAR has completed construction of a new tank farm on the company’s Black Sea oil terminal in Kulevi (Georgia), said the terminal’s message posted on its website July 5. The project envisages construction of six tanks with a total capacity of 60,000 cubic meters and a …

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John Kerry Visited Georgia, Ukraine Ahead Of NATO Summit

John Kerry

Secretary of State John Kerry told  Georgia that the United States would help it bolster its army as he reassured a close U.S. ally days before a NATO summit expected to focus on the threat a resurgent Russia poses. Kerry, on his first visit to Georgia as Secretary of State, …

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