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Daily Archives: February 24, 2017

Government Prepares Special Presentation for EBRD’s Annual Meeting

Government Prepares Special Presentation for EBRD’s Annual Meeting

Georgian government prepares presentation of investment opportunities for EBRD’s annual meeting, which will be held in Cyprus in May, 2017. Finance Minister Dimitri Kumsishvili has declared about that at the meeting held with Bruno Balvaner, Regional Director of EBRD. According to Bruno Balvaner, merely several countries will be given presentation …

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Dutch-Georgian startup launches innovative agriculture app Traktor

Article by Maarten de Boer The country of Georgia is developing fast. With many young and creative English-speaking people, a friendly business climate and a favorable tax system, the country is gaining increasing attention of investors and sees a remarkable growth in the number of startups. However, the majority of the …

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Collection of Georgian Designer, Mariam Gvasalia on Sale in Venice

After the interest of journalists and potential clients Mariam Gvasalia received at Tbilisi Fashion Week, supported by the Ministry of Economy and Sustainable Development Entrepreneurship Agency, designer decided to sell her collection in Italy. Representatives of International Fashion Industry became interested in Georgian textile production after attending the fashion show …

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New York Skyscraper Under Construction in Tbilisi

New York Skyscraper Under Construction in Tbilisi

The first New York skyscraper is being built in Tbilisi. The project is implemented by the International Investment Group Quadrum Global, which operates in the local market under BD PROPERTY name and owns East Point shopping and entertainment center. The company representative says that a residential  house is located on …

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2.5M Euros Allocated for IAP Project

2.5M Euros Allocated for IAP Project

Montenegro has received a 2.5 million euro grant for the preparation of project documentation of the Ionian Adriatic Pipeline (IAP) from the Western Balkans Investment Framework (WBIF), said the country’s economy minister Dragica Sekulic, according to the message posted on the website of Montenegrin government. The grant will finance the …

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SOCAR: we Hope, Investments Made by us Will Reflect on the Rate

SOCAR: we Hope, Investments Made by us Will Reflect on the Rate

SOCAR Georgia Gas hopes that tariff review process will not prolonged by Georgian National Energy and Water Supply Regulatory Commission. Azer Mamedov, general director of  the company told the reporters that the company is demanding  revising tariff of the distribution segment, while he did not specify whether the gas tariff …

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