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Daily Archives: December 1, 2016

Russia’s Alfa Bank Enters Georgia

Russia’s Alfa Bank Enters Georgia

Commersant has learnt that the Russian banking giant Alfa Bank enters Georgia. According to the source, Alfa Bank  buys the assets of the Caucasus Development Bank-Georgia and  the audit service has entered into the bank. The National Bank of Georgia (NBG) has revoked thebank’s license  in September this year, as a …

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Two New Members are in the Supervisory Board of NBG

Two New Members are in the Supervisory Board of NBG

The parliament has approved three members in the Supervisory Board of NBG. Murtaz Kikoria, Archil Mestvirishvili and Robert Singletar are elected for 7-year term in the Board. The famous banker, Murtaz Kikoria returns to NBG from Bank of Georgia, where he has been occupying position of General Director, as for …

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Ukraine Started Import of Liquefied Gas from Azerbaijan via Batumi

Ukraine Started Import of Liquefied Gas from Azerbaijan via Batumi

Ukraine has imported 740 tons of propane-butane mixture (LPG) from Azerbaijan in the beginning of the third decade of November, according to UPECO consulting company. The company said that Ukraine hasn’t previously received liquefied gas from Azerbaijan. “The importers are Ukrainian Nadezhda company and SOCAR Energy Ukraine (subsidiary of Azerbaijan’s …

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Tourism Stream Sustains Growing Trend in Georgia

Tourism Stream Sustains Growing Trend in Georgia

According to official statistics, 5864684 international travelers have visited Georgia, at that 2 536791 have stayed more than 24 hours. Respectively, number of tourists is increased by 19.3% in 11 months, while international travelers – 7.9%. Most of the visits were made from Azerbaijan, Armenia, Turkey, Russia and Ukraine through …

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BP to Suspend Gas Output at Shah Deniz Platform in 2017

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BP Azerbaijan company plans to suspend gas output at the Shah Deniz platform in 2017 due to technical-preventive, repair and adjustment work at the Sangachal terminal, Bakhtiyar Aslanbayli, communications, external affairs, strategy & region vice president at BP Azerbaijan, told reporters Dec. 1. In 2017, it is planned to carry …

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Meeting with Korean businessmen begins in Tbilisi

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Delegation from South Korea which was led by Embassy commercial department depute of general director, Kamin has a visit in Tbilisi fro 30th of November till 2nd of December. There are representatives of 9 companies in the delegation and their aim is to establish partnerships with Georgian companies. The chamber …

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First Georgian Whiskey Made in Qvevri Released to the Market

First Georgian Whiskey Made in Qvevri Released to the Market

First Georgian whiskey “Alexander” has appeared on the local spirits market. According to “Alexander Distillery” founder Alexander Kvernadze, the product  was released to the market in November  and is made in a wine bar “Sancho” in Tbilisi  and  CHACHA TIME bar in Batumi. According to him, whiskey is made from …

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Noxtton –A New Georgian Company on World Market

noxtton

There is a new Georgian company on the world market. Noxtton is the first Georgian Tech company, which aims to occupy international market. Noxtton was established by young professionals in August, 2016.  The company offers technological services and products to its customers which includes: Mobile-web applications development, digital marketing, IT …

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An Innovative Concept of an Intellectual Hub on the Georgian Market

GPN

GPN (Global Professional Network) has recently emerged on the Georgian market with an aim of providing intellectual services to Georgian and foreign clients based on a fundamentally novel concept. Namely, based on the specific demands and interests of a potential customer, the company will offer tailored-made services of a qualified …

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