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Daily Archives: November 7, 2016

H&M Signed for the First Store Openings in Georgia During 2017

First shop of H&M to appear during 2017 year in Georgia, company’s Global Press Officer, Elnaz Barari confirmed the information to commersant. Official websit of H&M released Press Release today. HM Hennes & Mauritz AB, H&M, the international fashion brand known for offering fashion and quality at the best price in …

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Georgia Wins Silver at London International Awards (LIA)


The 31st LIA judging was held at the Encore at Wynn Hotel in Las Vegas, convening over a ten-day period. The Juries, led by their respective Jury Presidents, viewed and scored every entry within their medium, ensuring that all the work was judged equally. They concluded with final discussions to …

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Foreign Students Make 50 000 million GEL Contribution in Georgia

Davit Tvildiani Medical University campus was opened in Rustavi. Prime Minister Giorgi Kvirikashvili took part in the opening ceremony. Kvirikashvili noted that education is one of the biggest priorities of the government and Tvildiani University has a good reputation and 27 years of history behind. “I, as a graduate of …

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Georgia Ranks 84th on The Legatum Prosperity Index™ 2016

According to The Legatum Prosperity Index™ 2016, Georgia ranks 84th among 149 countries to have prospered. The Legatum Prosperity Index™ tracks the gradual development and prosperity of countries around the world. Additionally, it provides detailed information and insight into the developments. Georgia has suffered civil wars and conflicts after gaining …

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Insurance Business Demands For Introducing Mandatory Insurance Componet

Currently, Georgian insurance market unites 14 insurance companies and the market competition is very sharp. As a result, Georgian citizens are able to receive various insurance products and services. At this stage, the January to September indicators have not been published yet, however, according to the January to June report, …

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Taxpayer-funded UN anti-tobacco convention closes out the press

Calling all media with an interest in healthcare policy, international relations and government accountability: The taxpayer-funded World Health Organization is holding a meeting in New Delhi next week that could have significant public policy ramifications. But you’re not invited. A critical turning point in FCTC history came in 2012 when …

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GEL Depreciates, Prices Drop: October Records Deflation

GEL currency Georgian Lari

In October 2016 the inflation indicator made up 0.5% as compared to the previous month and 0.2% as compared to October 2015. Consumer prices index has increased by 17.1% compared to averaged index in 2010. As noted, in October 2016 the common level of prices rose by 0.5% compared to …

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