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Daily Archives: April 27, 2017

135 Mln is Mobilized for Construction of Anaklia Port

135 Mln is Mobilized for Construction of Anaklia Port

Company Van Oord will fulfill maritime construction works of Anaklia Port, while selection of the builder, which would carry on construction at the land, will be launched in August. One of the largest maritime infrastructure companies in the world Van Oord has already fulfilled preliminary construction works. According to Levan …

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Moscow Hosted Russia’s Largest Conference on blockchain and Cryptocurrencies

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Moscow-based Digital October hosted an annual, Russia’s largest conference, dedicated to blockchain and cryptocurrencies, – Blockchain & Bitcoin Conference Russia. It gathered 750 visitors and 30 speakers – blockchain practitioners and theoreticians from Europe, America, and Africa. Blockchain & Bitcoin Conference has been held in Moscow for the fifth time. …

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EBRD Initiates First-ever Eurobond Issued in Georgian Local Currency

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The European Bank for Reconstruction and Development (EBRD) has marked a historic milestone by issuing its first-ever Eurobond both denominated and settled in Georgian lari (GEL). This development has been made possible by a recent establishment of a link between Clearstream and the Georgian domestic market which not only allows …

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Threats and Advantages of Ban on Land Sales

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Members of the constitutional commission cannot reach agreement on sales of agriculture land plots to foreign citizens. We remind you that there are several initiatives proposed by Georgian Dream, Democratic Movement and Alliance of Patriots. Under their bills, transmission of agriculture land plots to foreign citizens and bodies without Georgian …

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SOCAR Still Interested to Build Carbamide Plant in Georgia

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Despite the construction of a carbamide plant in Azerbaijan, the issue of building a carbamide plant in Georgia hasn’t been removed from the agenda, said the plant’s director Khayal Jafarov. He made the remarks at the ‘The 2nd SOCAR International Caspian and Central Asia Downstream Forum – Trading, Logistics, Refining, …

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Bank Sector’s Deposits Declined by 471 million GEL in March

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Deposits portfolio has shrunk in Georgian bank sector. According to National Bank of Georgia (NBG), retail and corporate deposits portfolio in the bank sector made up 16.1 billion GEL as of April 1 (current, demand and term deposits). The portfolio declined by 471 million GEL in March. In the reporting …

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Company IDS Borjomi Georgia Initiated Planting of 1000 Seedlings

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Volunteers from all over Georgia joined the project “Borjomi #Naturelovers”. In the frame of the initiative of company IDS Borjomi Georgia, 1000 seedlings of oak, maple and pine-tree were planted. The event was organized to celebrate Earth Day and aimed to involve community members from different regions in the campaign …

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The European Union Launches Rural Development Project in Dedoplistskaro

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The European Union continues supporting rural development in Georgia under ENPARD programme. On 28th of April, ENPARD partner organisation, HEKS-EPER Georgia will officially launch a new rural development project in Dedoplistskaro Municipality. The launching event will take place from 12:00 to 14:30 pm in Dedoplistskaro, Ilia State University Research Base, …

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