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Daily Archives: March 2, 2017

Spanish Dibaq to Enter Georgia

Spanish Dibaq to Enter Georgia

Fish Producing Spanish Company Dibaq considers entering Georgia. Management of the company has hosted delegation of Partnership Fund, led by Saganelidze, he is paying a business trip in Spain. Members of the delegation visited the fish breeding and production complex. They saw laboratory and fish feeding factory. According to the …

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IMF Program Is Positive Signal for Potential Investors

Koba Gvenetadze

International Monetary Fund (IMF) plans to launch a 3-year program of 285 million USD in Georgia, IMF Mission head Mercedes Vera Martins told reporters as part of a joint briefing with Minister of Finance Dimitri Kumsishvili and President of National Bank of Georgia (NBG) Koba Gvenetadze. The program will foster …

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Free Space – For Your Freedom in Tbilisi

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Where do freelancers go, when they get bored with working at homes and also refrain from visiting nearby cafes? There is no much option for similar individuals in Tbilisi, even more so there is no free of charge working space, where they would work in any part of a day …

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Tuta – Traditional Textile Workshop in Aspindza

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“I was born for this business. This is my mission”, psychologist Ekaterine Gvaramadze, who has founded Tuta school-workshop in the settlement of Aspindza, said. She continues family tradition of  textile processing jointly with her mother for 9 years. In this period Ekaterina Gvaramadze has taught all secrets of textile processing …

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World RARE Disease Day Celebrated on 28th of February in Georgia

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At the National Center for Diseases Control and Public Health, press conference took place concerning World RARE Disease. The meeting was organized and supported by Georgian Foundation For Genetic and Rare Diseases. The aim of the event was raising awareness about rare diseases in order to diagnose and treat it …

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Information about the Record of Real Estate is already in Blockchain

Blockchain

The information about the record of Real Estate is already reflected in Blockchain system. Public Register National Agency of the Ministry of Justice has already set proper changes in electronic system in motion. Starting on 20th of February, 2017, the information about any real estate record is automatically sent to …

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Minimum Capital Requirement is Increased up to 50 mln for the Banks

Minimum Capital Requirement is Increased up to 50 mln for the Banks

Mandatory minimum of capital requirement is increased for the commercial banks. According to Koba Gvenetadze, president of National Bank of Georgia, capital requirements have not been changed for the commercial banks after 2006 and today the increase is conditioned due to the  the general practice, but it does not mean …

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