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Daily Archives: February 8, 2017

Georgia Can Attract Cargo of 6-8 mln t from Central Asia

“Transport Corridor Research Center” believes that Georgia has the potential to attract cargo from Central Asia. The organization analyzes the indicators of 2015, which reflects export/import data of the Central Asian countries and notes that the selected countries are located in the cargo carrying gravity of Georgian transport corridor. “For …

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WB, Botas to Sign loan Agreement on TANAP

The World Bank (WB) and Turkey’s Botas Petroleum Pipeline Corporation will sign a loan agreement for financing of the Trans Anatolian Natural Gas Pipeline (TANAP) project, the Turkish Ministry of Energy and Natural Resources said in a message on its website Feb. 8. The signing ceremony will take place today, …

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Education Ministry Saves 4-5 million GEL through Optimization of Expenditures

Ministry of Education of Georgia has saved about 4-5 million GEL under expenditures optimization program, the Minister told the Business Contract. In whole, 300-400 persons were dismissed at the education system, Jejelava said. “Optimization program has not touched only research institutions and schools. The Ministry budget was reduced by more …

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Public Registry to Introduce Smart Contracts in Everyday Activities

In 2017 Public Registry plans to launch the second stage of cooperation with BitFury Group for starting a test project based on real estate registration in blockchain system and introducing smart contracts. “This is top technology that reduces involvement of human resources in the decision-making process. The second stage of …

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Fresco Exploitation of Labour to Be Inspected

The Ministry of Labour, Health Care and Social Maintenance will inspect working conditions in the supermarket network Fresco. Fresco Employee spread information in social network about very bad working conditions in Fresco and “contemporary slavery”. The author wrote about exact examples of work exploitation and huge pressure on employees in …

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