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Daily Archives: May 15, 2017

Georgian Schools Embrace Human Rights and Gender Equality

Human rights, gender equality, healthy life-style and reproductive health will make integral part of the school curriculum in Georgia. The Ministry of Education and Science of Georgia and the UN Joint Programme for Gender Equality signed a Memorandum of Understanding to assist the ongoing revision of national curriculum and help …

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Georgian Bags of BLUSH to Appear at London Store after Berlin

New fashion trend called as BLUSH has recently appeared on the Georgian market, but BLUSH bags have already become popular. BLUSH bags are famous for their special design that are convenient and practical for consumers. The Georgian brand is popular on domestic  and foreign markets. The products is sold  at …

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BTK Railway to Contribute to Participating Countries’ Economic Growth

Implementation of the Baku-Tbilisi-Kars (BTK) railway will contribute to the economic growth of the countries participating in the project, Director General of the InfraNews agency Alexei Bezborodov told Trend May 15. The expert noted that the BTK project’s implementation will increase the cross-border trade and local transit. The BTK railway …

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Barriers of Wind Power Energy Adoption in Georgia

Ministry of Energy of Georgia gives information about technical conditions to investors interested in constructing wind power stations and warns about the capacity Georgian electric system has at present. For example, this memorandum concerns LLC Pirveli Wind, which presented investment proposals at the ministry about implementation of 140 megawatt wind …

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PASHA Bank Joins the Project “Aghadgine”

PASHA Bank Joins the Project "Aghadgine"

PASHA Bank has joined the project “Aghadgine”, which aims to completely rehabilitate Borjomi Forest: clear the entire territory (about 250 ha) of debris created as a result of the fire, secure it with the fence, plant and take care of 750,000 trees over the next 5 years. The campaign brings …

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Georgian Toy Industry– Unpopular Business in Georgia

A major part of toys on Georgian market are imported from China. Key problems are related to not only quality  and inappropriate prices, but also safety standards. Therefore, we may conclude that toys business in Georgia is unpopular. According to spread information,   a major part of cheap and imported toys …

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King David Launched New Mortgage Product with Bank of Georgia

On May 15, 2017, the Austrian company “Rezid Holding GMBH” and the Bank of Georgia signed memorandum of cooperation on the multi functional complex “King David.” The new conditions of cooperation under this agreement make it more convenient to purchase a premium class residence in the skyscraper. In frames of …

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Cost of Living Hits Historical Maximum of 170 GEL

Cost of living recorded a historical maximum and marked 170.8 GEL in April 2017. The indicator has risen by 1.1 Gel month on month and by 9.6 GEL year on year. According to Geostat, national statistics service of Georgia, in April 2016 the cost of living of an averaged consumer …

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Alliance Group Capital Organized Workshop “Wine Business Case” For Students

Alliance Group Capital awarded the winner students of the workshop wine business case. Head of Alliance Group Capital Investment Service David Kardava conducted a workshop – “A successful business plan for effective communication with investors”. During workshop, students were introduced to Alliance Group Capital’s activities and offered a special case. …

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