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Daily Archives: February 14, 2017

Temur Chkonia to Enter Tobacco Business

Businessman Temur Chkonia plans to enter tobacco business. The businessman unveiled his plans to BusinessContract. Temur Chkonia intends to build a plant of British American Tobacco. Negotiations are underway with the international brand, the businessman noted. “This brand does not have a plant in the Caucasus. I have launched negotiations …

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Armenian Media: Despite Temur Chkonia’s Statements, McDonald’s Has no Plans for Opening Restaurant in Armenia

“McDonald’s does not plan to open a restaurant in Armenia”, Armenian media agencies have spread similar statements. Armenian media is actively discussing perspectives of opening McDonald’s restaurant in the country. Similar plans were announced by Georgian businessman Temur Chkonia, who asserts that he has already obtained a license in Armenia. …

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Tegeta Motors to Open A New Branch in Baku

Tegeta Motors will open a new branch in Baku on 15th of February. The company offers local customers auto tech-service and the biggest choice of automobile products.  The local customers in Baku Branch of Tegeta Motors will have an opportunity to purchase world leading brand high quality products, get high …

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Whereabouts of 172 872 655 GEL from Government’s Reserve Fund

In 2016 Government’s Reserve Fund spent 1 728 72655 GEL, based on resolutions of government’s administration and decrees of Georgian Prime Minister. A total of 61 resolutions and decrees were passed to transfer the mentioned funds. A major part of the mentioned funds were directed to healthcare sector – 35 …

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AutoStoppers Company to Open Hotel in Racha this Spring

AutoStoppers organization plans to unveil a hotel in Racha Region this spring, Tamar Davituliani, one of the founders of the organization told Business Contract. “This will be a hostel for visitors of all ages. The so-called camping zone will be arranged  for hiking lovers”, Davitualiani said. The project’s investment value …

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Switzerland to Grant 5 Million Francs for Development of Georgian Agriculture

The minister of Agriculture, Levan Davitashvili met a Swiss Ambassador, Lukas Beglinger. The minister introduced the agricultural projects to the ambassador and underlined to the importance of financial and technical support from Swiss government, during the meeting. Levan Davitashvili talked about the issues of animals’ identification-registration program as well as …

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