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Daily Archives: February 27, 2017

GHG to Invest 50 Million in the Hospital Sector this Year

GHG to Invest 50 Million in the Hospital Sector this Year

Georgian Healthcare Group will implement investment of several million in the hospital sector, – Nika Gamkrelidze, head of the Group has declared to BusinessContract. According to him, two new hospitals will be opened this year and the Group will spend 50 million USD. “We are one of the largest investors …

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Banking Sector’s Record Profits

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According to National Bank of Georgia (NBG), in January profits of the banking sector made up 58.8 million GEL, up about three times compared to January 2016. The banking sector’s profits in January 2016 marked 20.1 million GEL, in January 2015 – 15.8 million GEL. The Georgian banking sector registers …

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Number of Vacancies Grew by 30% in 2017


Quantity of vacant positions rose by 30% in 2017, Inga Shakhbazian, regional manager for HR.GE employment portal told Business Contract. Growth tendency was recorded in January-February 2017, as compared to January-February 2016. The following fields are leaders in number of vacant positions: Commerce – 23% Clients service – 11% Banking …

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First Graffiti Shop and School To Open in Tbilisi


The shop which will unite studio and work shop will be located in a multi-functional space, Fabrika. “It will be a space where local and foreign artists works will be sold. Besides, it will be a workshop where different kind of graffiti production will be created”- noted one of the authors …

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Silicon Valley Businessman to Share His Experience to Georgian Startupers


Silicon Valley businessman Lauren Wright , co-founder and executive director of Launch Gurus, will visit Georgian TechnoPark. The visit is organized  by Georgian Innovation and Technology Agency and the US Embassy in Georgia. The guest will see the space of TechnoPark and receive information on Agency projects and programs. He …

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Delta to Provide Georgian Army with Equipment

Delta to Provide Georgian Armey with Equipment

“Supply of Georgian armed forces basically will be determined with the products manufactured by Delta. Delta will be orientated on the equipping of armed forces”, – Defense Minister Levan Izoria stated while visiting State Military Scientific-Technical Center Delta. According to him, products produced by Delta have a pretty good recognition …

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Irakli Kashibadze Founded Consultation Company, Future Laboratory


A former head of Innovations and Technologies Agency, Irakli Kashibadze moved to private sector. Consultation Company Future Laboratory, which has been founded by Kashibadze is focused to transform business with the means of innovations.  The founder talks about his own business with Business contract. What is Future Laboratory about, for …

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Schengen Visa-Free Travel to Validate At the End of March


“At the end of March, Georgians citizens will be able to use short-term visa-free travel to Schengen countries” – declared Prime Minister, Giorgi Kvirikashvili during the meeting with EU commissioner, Dimitris Avramopoulos. During the meeting which took place at government administration, Georgia visa liberalization issues were discussed and it has been …

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