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Yearly Archives: 2017

BGEO: Economic Growth in 2018 will Be About 5%

The BGEO Group supervisory board chairman expects a 5% economic upturn in 2018. Irakli Gilauri told the Bonds&Loans that Georgia has attained a quite impressive economic upturn in January-September amid the regional tendencies. Introduction of the so-called Estonian Model has preconditioned economic growth in Georgia, Gilauri added. “We follow the …

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Nenskra Hydropower Plant is a Unique Project for Georgia

Korean K-Water Assists Partnership Fund to Construct Nenskra HPP

“The Partnership Fund” is constructing Nenskra HPP together with a Korean company K-Water in Svaneti, on the Enguri River tributary. Nenskra HPP will start generating electric power in 2019. The project is scheduled to be completed in 2021. Natia Turnava, Deputy CEO of the Partnership Fund talks to “Business Morning” …

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Boosting Vocational Education and Training in Agriculture

Prospects and challenges of vocational education and training in agriculture were in focus of a conference in Tbilisi, on November 22, 2017. The event was organized by the Ministry of Education and Science and Ministry of Agriculture of Georgia, with support from the United Nations Development Programme (UNDP) and Swiss Agency …

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TBC Bank Introduces Startup Agro Loan

TBC Bank has introduced Startup Agro Loan. This is an unprecedented offer on the market, the bank representatives noted. The product enables farmers to arrange high-productive cattle and poultry farms, high-technology greenhouse complexes, warehouses, refrigerator complexes. Agro loans are issued to both corporate and physical bodies. The bank will take …

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Luca Polare Expands its Network

Famous ice-cream cafe ”Luca Polare” expands. The company has already opened a new branch at Vazha-Pshavela end of Sandro Euli N7. It is also known, that new branch will open on Rustaveli Avenue as well. “Luca Polare” appeared on the market in 2008. The company offers ice cream, made with Italian …

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