Georgia-Council of Europe cooperation, the situation in Georgia’s occupied territories, the engagement of the Council of Europe in protecting human rights and trust-building in the conflict zones were the main topics discussed at the meeting between Georgian Prime Minister Giorgi Kvirikashvili and Secretary General of the Council of Europe Thorbjørn …

On January 25 the monetary policy committee of National Bank of Georgia (NBG) raised the refinancing rate by 25 base point. In his interview with the BusinessContract Beso Namchavadze talks about tightened monetary policy and noncore assets.  -Mr. Beso, how would you appraise interpretations made by National Bank President over …

GLCC law company marks its 10th anniversary of  successful operation on the market. From very inception, the company is oriented on development. The 10-year success of GLCC company was preconditioned  by joint efforts and contribution of founders, employees, a team of professional lawyers, clients and partner companies. Professionalism and team …

According to National Statistics Office of Georgia, Georgian economy has been increased with 2.2%. Economic Analyst, Rezo Beridze believes that considering circumstances in the region, Georgia has a satisfactory economic rate. These are preliminary statistics which is satisfactory at this stage if we consider the circumstances in the region. There …

Zearis company has entered Australian market. The company exported a test consignment of Georgian Chacha to Australia 2 weeks ago with the aim to explore the consumer demand for the mentioned product. Zearis Chacha is successfully sold in Kazakhstan, Azerbaijan and Estonia, the company director Ramaz Krichinashvili  told GBC. Negotiations …

Chigogidze Wines appeared on Georgian market in January, 2017. The presentation of the brand was held in Babilo Music Hall. The brand includes 16 different kinds of wine. According to the wine producers, considering the wine is homemade, the quantity is also limited and it is not going to appear in …

Having implemented the first wind power station construction projects and announced interests expression for another implementation, Government of Georgia plans to explore perspectives for constructing solar power stations in the country. Government of Georgia and KJSC Caucasus Solar Company will sign an understanding memorandum for carrying feasibility studies in order …

PSP continues expanding a network of pharmacies. The company has unveiled a new pharmacy in Sachkhere, Imereti Region. “Our clients have met the opening of a new pharmacy with much interest and content. This pharmacy, like all other British-model ones, comprises three departments: pharmacy zone separately; everything for children and …

AFIC, major Israeli printing company, has opened a representation in Georgia. The company is specialized in production of printer cartridges and other printing products. Initially, AFIC will supply top quality cartridges to Georgian market, while later the company plans to open a plant too. Several days ago the company has …

Starting January 1, 2017 excise tax has increased on automobiles and fuel. «Excise tax will increase on imported vehicles and I would like to note that excise tax will be several times lower compared to rates in neighboring countries. Excise tax will  also increase on oil products», Prime Minister Giorgi …