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Daily Archives: November 28, 2016

Wine Company “Badagoni” to Represent New Trade Mark

Wine Company “Badagoni” to Represent New Trade Mark

“Badagoni” celebrates the 10th anniversary with a new wine brand. The wine company has submitted new trade mark – GAU5 and signed a contract on export of 5 million bottles wine on Chinese market. “I am sure, that GA5 will be successful on Chinese market as well. This is the …

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Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: Oil extractiondown at the Azeri-Chirag-Gunashli oil field in 3Q16 In 3Q16, oil production was down 2.5% y/y to 622,359 barrels per day at the Azeri-Chirag-Gunashli (ACG) oil field, operated by the BP-led consortium, as operations at …

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Shares of Georgian Companies are Increased in Price in London

Shares of Georgian Companies are Increased in Price in London

Shares of Georgian companies showed growing trend on London Stock Exchange in the previous year. Their market capitalization remains above 2,3 billion GBP. As of weekly statistics, quoting of Georgian companies’ shares are grown. BGEO Group (BGEO LN) shares closed at GBP 30.50/share (+7.96% w/w and -0.10% m/m). More than …

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How to Increase Internet Speed without Changing Service Package

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It is much comfort when subscribers are able to receive increased Internet speed for minimal costs. Boost Package ensures doubled speed for 18 months for minimum package subscribers. By paying additional 4 GEL a month, subscribers of other packages will receive 10mb/sc faster speed. If it is possible to supply …

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What is the Situation on the Currency Market?

What is the Situation on the Currency Market?

GEL exchange rate keeps falling trend against USD on the currency market. Morning trade started at $1 / 2.4962 GEL index in the Bloomberg- trading system, Georgian national currency has been devaluated soon and the offer fell down at $1/2.5165 by12:20 p.m. (Tbilisi time). GEL exchange rate has been decreased …

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Why Hotel Suites are Expensive in Georgia

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Georgia, as the best tourism destination country, is able to offer many opportunities to visitors, including picturesque nature, diverse landscape, Caucasus ranges, Black Sea subtropical zone, rivers and waterfalls, underground cities, resorts and mineral waters, historical monuments, cities and settlements, traditional Georgia hospitality and distinguished Georgian cuisine – all these …

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Seed Forum Tbilisi 2016 to Take Place on 12th and 14th of December

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 IHUB Tbilisi is part of IHUB international Network  and was opened by Seed Forum Foundation in 2015.  Startups get a chance to not only get a space for work, but to have trainings and different courses to support their business.  Seed Forum Foundation is one of the largest investment organizations …

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Giorgi Pertaia Quits Position of Investments Agency Director

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Giorgi Pertaia, director of Georgian National Investment Agency, has quitted position. I took this decision a month ago, Giorgi Pertaia told the Business Contract. Giorgi Pertaia will continue his career in business sector. However, he has not specified the field. His assistant Tamuna Liluashvili will act as a director of …

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