Foreign investors will build three plants in the Sagarejo District, Kakheti. Project will be implemented by Arik Group investment company that will build a winery, dried fruits plant and a pistachio plant. Arik Group manufactures products by its own raw materials. The company business development manager Mariam Iakobidze told the …
Read More »Daily Archives: September 8, 2016
Wine Export is Increased by 42 Percent in Georgia
Wine export keeps growing dynamic. According to National Wine Agency, as of August, 2016, 28 156 547 bottles (0,75 l) of wine are exported from Georgia to 46 countries, which exceeds by 42% comparing to the same period of the previous year. Total value of the exported wine amounts to 64,8 …
Read More »HollywoodReporter Reviews Georgian Oscar Contender Movie: Skhvisi Sakhli
The official Georgian Oscar contender is a semi-autobiographical drama about families uprooted and disoriented by war. A ghost story without any ghosts, House of Others is a haunting family drama that boldly invokes the Old Masters of art house cinema, notably Tarkovsky and Bergman. A strikingly confident debut from young …
Read More »Hand4help: Georgia Startup Creates Upper Limb Prosthesis
Hand4Help is a Georgian startup, which creates upper limb prosthesis, company is one of the winners of StartUp Georgia program, where it received 100 000 GEL funding. The aim of Hand4help– is to create multi functional, affordable limb prosthesis, which will enable people to move things with the nerve endings. These models allow …
Read More »ADB Allocated Credit Line to Basis Bank
Asian Development Bank has allocated credit line to Basis Bank in order to support trade development. The volume of allocated sum amounts to 3 million USD within the frame of TFP. The mentioned program significantly expends operation in the Central Asia and Caucus region. It has been noted, that geographical …
Read More »Government to Open Joint Business Service Space – Business House
Business House, a joint business service space, will open in Tbilisi. On September 8 Prime Minister Giorgi Kvirikashvili attended a presentation of the Business House project. First vice prime minister Dimitri Kumsishvili, Georgian government officials and invited guests attended the ceremony, including representatives of diplomatic corp accredited in Georgia, international …
Read More »Givi To Me: Small Khinkali Bar Opens in Ukraine
Givi To Me is a new restaurant of Aleks Cooper, which combines Georgian traditional cuisine and contemporary Georgian atmosphere. Givi To Me is located in Ukrainian seaside city and is a fourth project of “Cooper People“. Marketer.ge writes in their article; “Small but proud Khinkali bar Givi To Me is created on behalf …
Read More »National Bank Forecasts Low Inflation Rate
The national bank of Georgia forecasts low inflation rate in the next months. “In August consumer price inflation rate declined to 0.9% and this tendency meets the existing prognosis. Base effect completion makes important influence on inflation rate reduction. The weak joint demand also promotes inflation slowdown. Under the current …
Read More »BEHOLD: Big, Beautiful Photos of the iPhone 7
Apple announced the iPhone 7 and iPhone 7 Plus on Wednesday. The new design is water resistant, comes in five colors, and doesn’t have a headphone jack. For the larger iPhone 7 Plus, Apple added a dual-lens camera system with a zoom lens. Both models of the iPhone 7 have …
Read More »Henkel to Open Adhesive Construction Materials Enterprise
Henkel plans to open an enterprise of adhesive construction materials plant in the village of Martkopi, the Gardabani District, on September 15. The Georgian government officials will attend the inauguration ceremony. This is the first enterprise in Georgia that will manufacture Ceresit band’s adhesive construction materials for the domestic market, …
Read More »Indian and Turkish Textile Companies to Enter Kutaisi Free Industrial Zone
Indian and Turkish textile companies plan to launch operation in Kutaisi free industrial zone. Negotiations are underway with one of the Ukrainian companies too that plans to operate in the heavy industry direction. Namely, the Ukrainian company plans to manufacture compressors. The Indian company is interested in 5 000 square …
Read More »Smart Ring Could Save you Life: Startup of Georgian Students
Cnick is the first wooden smart ring, which acts as both: wallet and keeps your personal medical information. The idea belongs to four Free University students, the project has made to receive 100 ooo GEL funding from StartUp Georgia, Giorgi Mikatsadze talked with Marketer.ge about their product and future plans. Ring allows …
Read More »