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Daily Archives: April 12, 2017

New Coffee Enterprise to Open under Produce in Georgian Program

Coffee capsules

LLC Capsulo have become a new beneficiary of Produce in Georgia program of Ministry of Economy. The company will produce high-quality and ecologically clean coffee capsules. The enterprise will open in October 2017 and export predicts to Azerbaijan, Armenia, Ukraine and Kazakhstan in 2 years. LLC Capsulo will manufacture both  …

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The Results of the State Program Produce in Georgia

The Results of the State Program Produce in Georgia

Enterprise Georgia is the first government institution in Georgia mandated to facilitate export and private sector (and in particular SME) development through a variety of financial and technical support mechanisms. Being the first state agency mandated to facilitate private sector development in the country Enterprise Georgia employs different approaches and …

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Ukraine Ready to Join Creation of New Transport Corridors

Ukraine is ready to join creation of new transport corridors within the framework of developing its transit potential and connect to the existing routes, Ukrainian Prime Minister Volodymyr Groysman said, according to the website of the Ukrainian government. He said the routes include the South-Western direction from Central Asia via …

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Georgia to Buy only Azerbaijani Gas

In 2017 Georgia will not buy Russian gas and satisfy 96% of the domestic demand only by Azerbaijani gas. Minister of Energy Kakha Kaladze said that Agreement signed with Gazprom enables the country to buy Azerbaijani gas by the money raised from Russian natural gas transit to Armenia. “We also …

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Johannes Hahn: Eastern Partnership Success is Based On Our Shared Values

Johannes Hahn

Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations, will participate in the Ministerial Meeting on the Eastern Partnership in Warsaw on 12 April. The meeting will bring together Ministers of Foreign Affairs from EU countries, as well as from Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The participants …

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Rikoti Highway Project Estimated at 0.8-1 billion USD

Several hundreds of millions of USD will be spent on Rikoti project implementation. Highway construction works will start in 2018. Giorgi Seturidze, head of Roads Department told Business Course that the project is very expensive and its budget will be about 0.8-1 billion USD. “Designing works are being carried out …

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TOA: International Incoming Calls May Be Ceased in Georgia

Geocell, Mobitel and Magticom companies have notified transit operators for international incoming calls about cessation of interconnection. According to Association of Telecommunication Operators, the above-mentioned companies ignore  obligations set by the regulatory commission for providing competitive environment on the market. “Law on electronic communication bans interconnection restriction or disruption without …

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Georgian Airways Launches Direct Flights To Paris

Georgian Airways will launch another direct flight to Paris, starting from the summer season. Head of the company told business course, airlines will perform that two flights per week. “From the summer season we wish to launch flights, however we are working on this and are carrying out negotiations,” says …

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