Daily Archives: September 30, 2016

Sulaberidze: Cargo Volume form China Will be a Big Surprise by the Next Year

Sulaberidze: Cargo Volume form China Will be a Big Surprise by the Next Year

Fitch’s assessment is relevant, – Levan Sulaberidze, head of “Trans Caucasus Terminal”, subsidiary company of “Georgian Railway”, responds so placement of Georgian Railways JSC’s of ‘BB-‘ on Rating Watch Negative. Sulaberidze noted with TV-company Maestro, that reduction of cargo turnover is caused by ongoing processes in the region through 2 …

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Business Café Meets up for a Sixth Time

Business Café Meets up for a Sixth Time

With the exclusive support of PASHA Bank the meetings of “Business Café” – the project initiated by consulting company “Insource” – continues. On Sept. 29th the sixth meeting hosted representatives from top management of the leading businesses. The meeting was moderated by Lado Gurgenidze, former Prime Minister of Georgia, an …

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New Soil Recovery Technology is Developed in Enterprise Geofert

New Soil Recovery Technology is Developed in Enterprise Geofert

New soil recovery technology is developed in high-tech microbiology enterprise Geofert, where Georgian scientists managed to develop new soil recovery technology. Prime Minister of Georgia Giorgi Kvirikashvili visited high-tech microbiology enterprise. Geofert is a venture that manufactures environmentally friendly bacterial, humic, organic and mineral fertilizers. The plant is equipped with ultramodern …

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Gazelle Finance Fund Starts to Invest in Georgia

Gazelle Finance Fund Starts to Invest in Georgia

JSC Partnership Fund will partner with the Canadian investment fund – the Gazelle Finance Fund. Gazelle Fund focuses on supporting small and medium-sized enterprises (SMEs) in Georgia, which have potential of fast development. According to the agreement, alternative source of financial resources will appear in Georgia, which should be guarantee of new …

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New Enterprise Producing the Fruit Spirits is Opened in Agara

New Enterprise Producing the Fruit Spirits is Opened in Agara

New enterprise producing the fruit spirits is opened in Agara. An investment in an amount of 4.5 million USD utilized to establish new enterprise was established under the umbrella of the Preferential Agro Credit Programme. Factory equipped with modern Italian devices purchases non-standard fruit and manufactures 86-proof spirits.  According to the …

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Pope Francis Arrived in Georgia

pope-francis

Pope Francis is the 266th and current Pope of the Roman Catholic Church arrived in Georgia. Pope Francis on September 30 begins a three-day visit to Georgia and Azerbaijan, which will feature meetings with political and religious leaders in both countries, according to the Vatican. One of his first meetings …

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Zhecho Stankov: Bulgaria Interested in Azerbaijani Gas

Zhecho Stankov: Bulgaria Interested in Azerbaijani Gas

Bulgaria is interested in early supplies of Azerbaijani gas, said Bulgarian Deputy Energy Minister Zhecho Stankov. Stankov made the remarks during the meeting with Azerbaijan’s Deputy Energy Ministers Gulmammad Javadov and Natig Abbasov. The Bulgarian official said that Azerbaijan is a reliable strategic partner of Bulgaria. During the meeting, the sides discussed …

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Istanbul Demolishing 3 Skyscrapers to Preserve City Skyline

Istanbul Demolishing 3 Skyscrapers to Preserve City Skyline

After a huge and lengthy legal battle fought on various fronts by developers, municipalities and the Council of State, the Turkish government has ordered the partial destruction or total demolition of multiple large buildings said to threaten the historic architectural heritage of Istanbul (above image via Gokorg). When speaking of skylines, …

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Port of Baku to Cooperate With Bulgarian Ports

Port of Baku to Cooperate With Bulgarian Ports

Azerbaijan and Bulgaria, which have well-established bilateral ties, may soon expand their cooperation to the sphere of port service operations. The Baku International Sea Trade Port (Port of Baku), the oldest and largest port on the Caspian Sea signed a memorandum of understanding with the Bulgarian Ports Infrastructure Company. The document, …

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Anti-Tobacco Conference: China, India, Others May be Barred

Anti-Tobacco Conference: China, India, Others May be Barred

To avert compromised outcome, countries owning tobacco entities may be barred from participating in the 2016 anti-tobacco conference scheduled to hold in New Delhi, India. In a document, organizers called for support for the conference to “ensure the exclusion of representatives and officials from fully or partially state-owned tobacco industries, …

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