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Monthly Archives: March 2017

Nonresidents Could Purchase Corporate Securities From 2018

Starting 2018 nonresidents will be able to purchase corporate securities. Archil Mestvirishvili, vice president of National Bank of Georgia (NBG), noted that, currently, state GEL-denominated securities represent a most-developed segment. Jointly with the stock exchange, the system is being developed to the direction of corporate bonds, he said. “Currently, we have …

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Estonian Development Cooperation Offers Scholarships for Georgia

Estonian Development Cooperation scholarships are financed by the Ministry of Foreign Affairs Development Cooperation and Humanitarian Aid. Scholarships are available for four different summer university programmes for the students (and teacher training lecturers in one programme) from Georgia, Moldova, Ukraine and Belarus. Application period: 6th March – 9th April 2017 Results of the competition …

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A New Georgian Brand CROSTY

The history of the brand started in Georgia, where shoe mass production didn’t exist before. Young brothers, Giorgi and Shota Mikaia decided to make their dream come true and create ideal sneakers. We decided to create minimalistic and a high quality brand at the same time. That’s how CROSTY idea …

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Cost of Living – Dream about Existence

Value of the cost of living is one of the key indicators that determines social-economic development level of a country. Research and analysis of the cost of living is a relevant issue in both developing and developed economies. According to recent information by Geostat, the cost of living of a …

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Bigmarket.ge: The Online Supermarket With Different Concept

One more online supermarket, bigmarket.ge appeared on the Internet. The aim of startup founders was to create a space which would give new opportunities not only customers but producers. Marketer conducted an interview with a co-founder of bigmarket.ge, Temo Berishvili about more details of the website. Temo, how did you …

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NBG President: About 23% of Loans Converted into GEL

lari

Currently, 75 million USD has been converted into GEL, Koba Gvenetadze, President of National Bank of Georgia (NBG), noted. “Moreover, we have also specified the list of loans that are subject to larization. About 23% of loans were converted into GEL. As to Larization process, in general, this is not …

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This PR Manager Names 3 Qualities Every Successful Entrepreneur Must Have

Interview with Noka Baindurashvili, PR consultant for ElitElectronics and Tegeta Motors, where she talked about her success story and named three qualities every successful entrepreneur must have. – What is your profession? – I am a specialist of Public Relations. My career started at Tbilisi City Hall and Council information …

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Swiss Cheese-making Traditional Way Used in Georgia

Alpine Gold is a cheese producer company which was established a year ago. The founders of the company are spouses: Frances Belser and Daniel Wüthrich, as well as Zura Macharashvili, who told marketer, that it took them 3 years to find a desirable place for the production. After long search, …

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Giorgi Kadagidze Established a Professional Study Center, Edushare

Giorgi Kadagidze established a professional study center, Edushare. The former president of National Bank will start reading lectures of “Macro economy for executives” to course attenders, on 27th of March. The main aim of the Edushare is providing high quality professional programs for executive leaders and professionals. According to the …

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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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