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Daily Archives: August 10, 2016

Photographing the Diverse Landscape of Georgia: Weather Channel

When photographer Elena Bogdanova travels, she rarely books a hotel. She prefers to pitch a tent in the wilderness or to stay with a local family or a friend in the area. During her trip to the picturesque country of Georgia, located in the intersection of Europe and Asia, Bogdanova …

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Kindzmarauli is Exports Markets’ Leader among Georgian Wines

Kindzmarauli is Exports Markets' Leader among Georgian Wines

Kindzmarauli is the exports markets’ leader among Georgian wines. According to the Georgian Agriculture Ministry, 3 210 280 bottles of Kindzmarauli, 1 230 522 bottles of Mukuzani red wine and 1 016 107 bottles of Tsinandali white dry wines were exported in January-July 2016. Top five in-demand wines also include …

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Finca Introduces Special Conditions for 2-Year Loans

 Finca Bank has introduced a special offer for 2-year loans. The bank product’s interest rates starts from annual 10.49% (effective interest rate from 11.15%) and the loan’s top amount is  2 500 GEL. Loan without mortgage guarantees is issued for any purposes. The bank approves the loan in 30 minutes. …

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Dualism Of the Economy

Author Dr. Andrei Maximov Georgia is a very small country with very big opportunities for business—this is what any newcomer will confirm who has had a successful entrepreneurial experience in another country. It would not matter, by the way, whether this person is an ethnic Georgian or came to Georgia …

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Ajara Budget Collects 7.3 million GEL from Gambling Business

Ajara Budget Collects 7.3 million GEL from Gambling Business

The Ajara budget has collected 7.3 million GEL from gambling business, namely, from the casinos located in the Autonomous Republic of Ajara. The Batumi budget has received 16.2 million GEL in the form of gambling business duty from 11 casinos. This is 81% of total revenues that the Batumi budget …

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Revenues from Tourism Sector Keeps Growing

The pleasant tendency of the past years goes on in 2016 too and Georgia is hosting more and more foreign tourists every year. Tourism is one of the fields, if not only one, that has been growing over the past 10 years in constant regime. This year the tourism inflows …

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Russia Needs ‘Ironclad Guarantees’ to Resume Work on South Stream Project

Russia Needs 'Ironclad Guarantees' to Resume Work on South Stream Project

Russia needs “ironclad guarantees” to resume work on the South Stream pipeline project after it was stalled due to opposition from the European Commission, Russian President Vladimir Putin said Aug. 9 following the talks with Turkish President Recep Tayyip Erdogan, Sputnik International reported. Putin noted that Russia saw that Bulgaria …

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