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Daily Archives: November 9, 2016

Energo-Pro Georgia to be Divided into Two Companies

Energo-Pro Georgia to be Divided into Two Companies

Reorganization is launched at the company Energo-Pro Georgia.   The company will be divided into two companies. One will become holder of generating assets, which will gain license on energy generation by the corresponding procedures in the code, while the second will continue activity of energy distribution. The shareholder of …

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Partnership Fund Started funding the Winners of “Start-up Georgia”

Partnership Fund Started funding the Winners of “Start-up Georgia”

Partnership Fund started funding the winners of the first contest of “Start-up Georgia” project. The Fund has signed agreement with 8 business projects from 36 winners of the first contest. The projects were funded by 586 700 GEL. The funded projects include: “Cars’ Parking in Vertical Space”; manufacturing of “Decorative …

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Erdogan: BTK Railway to Revive Historical Silk Road

The Baku-Tbilisi-Kars (BTK) railway will revive the historical Silk Road, President of Turkey Recep Tayyip Erdogan said, TRT Haber TV channel reported Nov. 9. Erdogan noted that Turkey will be connected by a continuous railway with China with the help of the BTK. Earlier, Turkish Minister of Transport, Shipping and …

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Foodpanda Left the Russian Market, While in Georgia Brand Expands its Business

Internet-backed food delivery business Foodpanda has left the Russian market  while in  Georgia plans to expand the network. Russin media reported that the company sold  Russian Delivery Club, its operations in Russia to Mail.Ru Group for $100 million. It was a relatively short stay in Russia for Foodpanda. It first entered the Russian …

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In 2016, Georgia’s Advertising Market Fell by 20-30%

According to advertising companies, 60% of advertising go on TV, the rest – on  radio, print media, and the Internet. This year’s market reduction  has  led to the closure of the advertising companies. According to the director of “TV International” GiorgiSulakauri, due to the current economic situation in the country, …

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Trump Was Involved in Business Projects in Georgia

Trump was involved in Business projects in Georgia and this gives us more reasons to be optimistic- said head of Partnership Fund, Davit Saganelidze.  He thinks that after US elections there will be particular changes in the United States as well as in the world, but it won’t affect much …

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9 November- Could it be Another Tragic Date in the History?

9th of November is a very important date in the German history and at the same time have the same importance for Europe and the rest of the world. In 1923, Hitler declared himself leader in Munich, Bavaria and that was only the beginning of dreadful events which was followed …

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