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Daily Archives: July 20, 2016

The line Up of Mzesumzira Ezo Fest On July 23

On July 23, 2016, at Mtatsminda Park Next to the Tbilisi TV Tower, Mzesumzira Ezo Fest is waiting for the guests. Tickets will be available after online face/age control on the web-site eventer.ge. To note, the number of tickets are limited. The price of the ticket is 15 GEL in case of purchasing …

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Ministry Of Finance Of Georgia Sold 20 Mln Treasury Notes

Ministry Of Finance Of Georgia Sold 20 Mln Treasury Notes

On July 20, 2016, GEL 20 000 000 5-year Ministry of Finance (MOF) Treasury Notes were sold at the Auction held at NBG. Three commercial banks participated in the auction. The total demand amounted to GEL 51 mln. Minimum yield was 8.390%, maximum yield was 8.680% and the weighted average yield …

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Bakuriani Named Among Top 10 best Summer Places to Go

Bakuriani Named Among Top 10 best Summer Places to Go

According to Russian Forbes, Bakuriani was named among top 10 best summer places to go. The publication writes that flight from Russia to Georgia costs on average 30 000 rubles, while accommodation in Bakuriani Hotel costs 18 000 rubles. The author of the article says that Bakuriani gives a lot of possibilities …

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Mercedes Just Revealed the Bus of the Future — and it Looks Awesome

Weltpremiere: Mercedes-Benz Future Bus mit CityPilot – Meilenstein auf dem Weg zum autonom fahrenden Stadtbus

Mercedes-Benz just passed a major milestone in autonomous public transportation.  The company’s semi-autonomous bus, called the Future Bus, drove a little more than 12 miles from Amsterdam’s Schiphol airport to Haarlem, a city just outside Amsterdam. The bus’s journey was especially impressive because the route included traffic lights, tunnels, and …

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Ancient Amphora Winemaking is Alive in Oregon

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Ever wonder what ancient wines actually tasted like? Scientists have put together many details of how ancient wines were made from studying the ruins of 6000 year-old cellars. A key component of these cellars is the use of earthenware pots called amphora to make wine. Surprisingly enough, there is a …

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EBRD to fund $155 Mln in Rustavi Azot

EBRD to fund $155 Mln in Rustavi Azot

Between the European Bank Reconstruction and Development” (EBRD) and the Rustavi Azot LLC the agreement is being signed. Thus, $155 million financing package will be fully spent on Georgian fertilizer production company “Rustavi Azot” in order to generate ammonium production line and rehabilitation. As a result, energy consumption will be reduced by 30%. At the company …

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Office First Aid Kit Price Grows by 3 GEL

Office First aid kit

The Healthcare Platform nongovernmental organization continues publishing the list and prices of various medicine kits as part of the Pharma Monitor project. At this stage, the organization has explored the price of medications of the office medicine kit and compared the June prices to the May indicators. According to the …

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Two Georgian Wine Houses Opened in Yiwu China

Two Georgian Wine Houses Opened in Yiwu China

In Yiwu (Zhejiang province, China) two Georgian Wine Houses were opened. Here the consumer will have opportunity not only to taste Georgian wine, but also learn Georgian culture and history. Georgian National Wine Agency‘s representative took part in the opening ceremony. Yiwu  is a city of about 1.2 million people. The city …

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“The Guardian” Calls Georgian Rkatsiteli “Wonderful”

"The Guardian" Calls Georgian Rkatsiteli "Wonderful"

“In the newly insular Britain, a little gastronomic cosmopolitanism is not only fun and delicious, it almost feels like an act of resistance”, reads a new article in The Guardian. Not without a dash of English humour, the article titled “Cabernet and kimchi? Or syrah and sashimi?” covers some of the …

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Batumi City Hall to Spend GEL 250,000 on Electric Buses

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According to mayor Giorgi Ermakov, Batumi City Hall, will spend approximately GEL 250,000 on electric buses. Ermakov told BusinessContact that city hall will take loan from European Bank for Reconstruction and Development (EBRD). “We plan to purchase electric and Euro 5 standard diesel buses in the near future, because these buses are …

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