Home / 2016 / December / 20 (page 2)

Daily Archives: December 20, 2016

Shareholders Have not Left TBC

The head of TBC Group supervisory board made an announcement about selling Bank shares. Mamuka khazaradze says that it is very normal that TBC sold some of its shares and he also adds that none of main share holders left TBC and they are not going to leave it. “It …

Read More »

LISI Development Draws 12 million USD from FMO

Lisi Development

LISI Development has attracted 12 million USD financial resource from FMO (Dutch Development Bank). LISI Development and FMO representatives signed the loan agreement at Tbilisi Marriott hotel on December 20, at 11 o’clock. LISI Development director general Nodar Adeishvili and FMO investment officer Eiuin Tikens attended the signing ceremony. LISI …

Read More »

Giorgi Kadagidze Talks about Simple Mechanisms for Overcoming Crisis

Giorgi Kadagidze

Giorgi Kadagidze,  the former president of National Bank of Georgia (NBG), has released a special statement on his own social network page. In his statement Kadagidze talks about simple mechanisms for recovering the state economy from crisis. This is an Estonian model of reacting to crisis situations (external shocks), when …

Read More »

Georgian PR Remains in Formation Process

Giorgi Kalatozishvili

Caucasus Business Week offers you interview with Giorgi Kalatozishvili, head of PR management of Delta state military-technical center. – What are you by profession? – I am a movie scholar by profession. I studied this profession, when movie sector existed thanks to artificial breathing in the country. Film directors had …

Read More »

Fuel Prices to Increase in Georgia

The fuel has become more expensive in Georgia. Fuel importer companies explain this with the inflation of GEL exchange rate. During last week, the price of premium increased with 3 tetri according to the company “Prego”.  There are expecting it will increase again in January. 5 tetri increases has been …

Read More »

TBC Bank Group (TBCG) Insider Sells £316,350 in Stock

TBC Bank Group PLC (LON:TBCG) insider Vakhtang Butskhrikidze sold 21,090 shares of TBC Bank Group PLC stock in a transaction that occurred on Monday, December 12th. The stock was sold at an average price of GBX 1,500 ($18.62), for a total value of £316,350 ($392,639.94). Shares of TBC Bank Group …

Read More »