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Daily Archives: December 6, 2016

Pasha Bank to Place Bonds of the Largest Infrastructure Company

Pasha Bank to Place Bonds of the Largest Infrastructure Company

Pasha Bank expends investment activity and prepares for the third emission. Now the bank plans to place bonds of the largest infrastructure company. The bank does not specify the name of the company, the matter concerns to the placement of securities more than 10 million. Pasha Bank has already announced …

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Business Information Agency Introduces Re-branded Platform to Audience

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On November 30 JSC Business Information Agency (BIA) introduced a renewed platform to its audience. Founded in 2002 BIA is the biggest and permanently updated on-line database of Georgia-incorporated companies. BIA’s new communication and action strategy has actualized the re-branding issue. Logo, as the company identifier, was redesigned to reflect the …

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Improved Customer’s Service in Ajara

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The quality of customer’s service has been improved compared to last year in Ajara. The Department of Tourism made a research in Ajara with “Secret guest” method and the results were very positive. Compared to previous research, there has been growth with 10% in high quality hotels. As for the …

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Road Transportation has Increased in Georgian Corridor

Road Transportation has Increased in Georgian Corridor

Rail transportation is declined in Georgian corridor, while road – increased. According to Ministry of Economy, cargo turnover has made up 34. 3 million t in Georgian corridor through 10 months, the figure is less by 1.6 million comparing to the previous year and less 5. 8 million t if …

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President of NBG Responds to the Critics of Larization

President of NBG Responds to the Critics of Larization

The act is an insurance mean from foreign exchange risks and onetime event, which has been used in other countries and Georgia is not unique in this term, – Koba Gveneteadze, president of National Bank of Georgia has noted to the Public Broadcaster and responded the critics as well. Koba …

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M2 to Open Ramada Encore Hotel in Kutaisi

M2 to Open Ramada Encore Hotel in Kutaisi

M2 will unveil a 3-star hotel of Ramada Encore brand in Kutaisi, after Tbilisi. As reported, M2 company owns exclusive rights for developing Ramada Encore brand hotels in Georgia. Hotel construction works are underway on Kazbegi Avenue in Tbilisi. The project’s investment value is 13 million USD. The building will …

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