Who is WHO? Because of the answer, you should adopt the “brace position” suggested by airlines before a crash. Your freedom is about to crash, not into the sea, but into the World Health Organisation’s (WHO’s) propaganda cesspool. You would surely have maintained a healthy distance were it not for …

Sophiko Katsarava was awarded an Honorary MBE from Her Majesty Queen Elizabeth II for services to UK-Georgian relations, especially for her services to UK Georgia Academic relations. She is the second ever Georgian recipient of a British honorary award. British Ambassador Justin McKenzie Smith will present the award to Ms …

VELLINO is a new Georgian wine brand, which appeared in October in Georgia. At this stage the company offers Saperavi 2015, however from 2017 production of other wine varieties is planned. Founder of the company is financial officer who heads this business by himself. “I always wanted to create something with my hands …

A relevant contract has been signed today between the Hilton Corporation and Granat company. The signing ceremony was attended by First Deputy Prime Minister, Minister of Economy and Sustainable Development Dimtri Kumsishvili. As reported, Latvian Investment Group Granat Investment has bought the hotel project carried out by the Georgian Property …

IMF does not approve government’s decision to launch Estonian Model in order to attract investments. Francois Painchaud, resident representative of IMF in Georgia noted, while submitting regional report that the income tax reform would increase the budget deficit and as of their prediction, it should be 6% by the next …

Road Department begins preparation of detailed project on Chumateleti-Khevi highway. Financial proposals, submitted for preparation of detailed project on Chumateleti-Khevi highway E60, are opened at this stage. It should be noted, that 12-km road section is a part of Chumateleti-Argveti highway (Rikoti Pass) and is one of the most difficult …

TBC Bank focuses on annually expanding its loan book by, approximately, 15-20 percent. Impressively, the bank purchased businesses from the Societe Generale, the JSC Progress Bank and Georgian insurance firm Kopenbur. Moreover, it bought the JSC Bank Republic from SocGen and the European Bank for Reconstruction and Development (EBRD) for …

JETRO delegation, invited by the Georgian National Investment Agency (GNIA), will pay a visit to Georgia. In the frame of the 3-day visit, the Japanese delegation will conduct business meetings with the government officials and private sector representatives. Special presentations about Georgia’s investment climate will be arranged for the delegates …

“Georgian Railway” has announced on transportation of 8, 92 mln t freight through 9 months. Fright turnover is diminished by 16, 9% y-o-y. According to the biggest shipping company, local fright of 1,548 mln t has been transported through January-September, while 708 555 t has been exporting cargo, 1, 96 …

IMF mission has to visit Georgia in the middle of November and launch of new program will be discussed as well. Francois Painchaud, resident representative of IMF in Georgia declares that the main topic is budget deficit of 2017. According to their prediction, it will be 6% due to the …

“Turkmenistan Airlines” will not perform scheduled flight Tbilisi – Ashgabat today. The air company refrains from entering Georgian market at this stage. “Turkmenistan Airlines” planned to fulfill flights three times in a week. According to Guram Jalagonia, director of Civil Aviation Agency, the air company had prospects related to the …

David Saganelidze, executive director of Partnership Fund, has hosted representatives of American investment company Blackmont in the Fund. Blackmont offers assistance to the Partnership Fund to find cheap and long-term credit resource for infrastructural and commercial projects. On its part, management of the Fund has introduced members of the delegation …