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Daily Archives: April 11, 2017

TANAP Important for Turkey to Reduce Dependence on Russia


The Trans-Anatolian Natural Gas Pipeline (TANAP) project is important, especially for Turkey, Georgia and European countries, as it will reduce dependence on other gas resources from places such as Russia, according to Azerbaijan’s energy minister. “The TANAP project is important not only because it supplies a significant volume of gas …

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Over 35 mln Passengers Traveled Through Turkish Airports in 2017 Q1


More than 35.5 million air travelers went through Turkey’s airports in the first three months of 2017, according to statistics released by the General Directorate of State Airports Authority. The number of passengers on international flights fell 7 percent year-on-year to almost 12.5 million in the first quarter. In the …

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Standard & Poor’s Positively Estimates Starting Data of 2017 for Georgia

Standard & Poor’s Positively Estimates Starting Data of 2017 for Georgia

Standard & Poor’s positively estimates Q1, 2017 for Georgia.vDeputy Finance Minister has met analysts of International Rating Company. Nikoloz Gagua talked about the reforms and achieved economic growth of 4.8% through January-February.  Standard &Poor’s has assigned a credit rating of “BB-” level, the forecast “stable” and it will be reviewed …

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Fazzoletto – New Georgian Brand of Men’s Accessories


Fazzoletto, a new Georgian brand with new concept and profile, has appeared on Georgian market. The company has determined priority directions – businessmen, who prefer business and classic styles. At this stage, the company offers accessories made by two Georgian designer girls – handkerchiefs and ties. Fazzoletto products appeared at …

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Microsoft Georgia And E-Space Announce Cooperation

Microsoft Georgia

Microsoft Georgia and E-Space Ltd. startup announced cooperation. E-Space, the first Georgian company dedicated to support electric vehicles and technologies, becomes a BizSpark member and will be running its business on Microsoft Azure platform. Microsoft BizSpark is a global program that helps startups succeed by giving them free access to …

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ENPARD Report: Total Revenues of Cooperatives Rose by Averaged 19% Year on Year


European Neighborhood Programme  for Agriculture and Rural Development (ENPARD) has published an annual report on development of agriculture cooperatives financed by EU in Georgia. Under the report, the program has financed more than 260 cooperatives (financial component will be maintained in 2017 too). ENPARD has invested about 12 million GEL, …

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Hostel Pinn – Hostel Harmonizing Old and Modern Styles


On March 30 Hostel Pinn was unveiled at Lermontov Street N17, Sololaki, in about 300 meters from Freedom Square. The building was constructed in 1907 and it harmonizes old exterior with modern equipment and modern interior design. Hostel Pinn is a family business. Gabo Meliva is one of the representatives …

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