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Daily Archives: March 21, 2017

Wine Materials Exports Prohibition Perspectives


Government of Georgia is developing a bill on forbidding wine materials exports under the pretext of preventing Georgian wines falsification on foreign markets. Government has also submitted specific facts of adulteration. Namely, Sakpatenti continues exploring the issue of halted sales of 800 bottles of Kindzmarauli wine on Russian market. Georgian …

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King David Residences Creates 5-Star Lifestyle

King David 10

King David creates a five star lifestyle within exceptionally elegant residential and business towers with beautifully designed amenity spaces organized enticingly as multistory urban resort and exclusive collection of specially-designed services. The first Condominium-type multifunctional complex strategically located on a hill overlooking the Queen Tamar Bridge, next to Heroes Square …

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GeoCarft to Build Zestaponi Wind Power Plant

GeoCarft to Build Zestaponi Wind Power Plant

Zestaponi Wind Power Plant will be built by Georgian Energy Development Fund and company “GeoCarft”. The share distribution between the shareholders is as follows: JSC “Georgian Energy Development Fund” – 10% and LLC “GeoCarft” – 90%. The first phase of the project development includes preparing of feasibility study of wind …

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Construction or Rikoti Highway to Launch in 2018


Rikoti Highway Project, which costs few hundred millions of USD, will be launched next year. In the interview with “საქმის კურსი”, the deputy minister of Infrastructure, Irakli Matkava revealed the information. According to Irakli Matkava, Rikoti alternative highway might charge drivers with taxes. The Ministry of Infrastructure is going to spend …

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BIA Hosted An International Business Forum in Tbilisi


An International Business Forum “Georgian Economy – Prospects and Challenges” was held by the Business Information Agency BIA at the Radisson BLU Iveria hotel in Tbilisi on March 20, 2017. The purpose of the forum was to increase recognition of Georgia as an interesting place for doing business and contribute …

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French-Italian Cheesemaking Methods Used to Produce Cheese in Kakheti


Georgian family in Kakheti produces cheese which is made by using French-Italian cheesemaking techniques. According to Levan Tsaguria, few years ago, he moved to the village Shalauri in Telavi region with his spouse, Sofio Gorgadze. However, cheese production wasn’t even planned back then. They decided to start thinking about it …

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China: Belt and Road Initiative

China Silk Road

China’s role in the global context has grown in terms of its output, trade and now its voice and leadership in sustainable and inclusive development, and resolve to pursue low carbon pathways. A further paradigm shift is anticipated in the role and influence of China, as it delivers on the …

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A New French Brand Tati to Enter Georgian Market


A new French brand Tati is going to enter Georgian Market.Gitex group brings shoe, accessories and cosmetics shop network Tati to Georgian market. Gitex already owns brands such as Ovs, Terranova, Penti, Collezione. As a head of company, Giorgi Basiladze declared to “Business Morning” , the first shop will be opened …

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