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Daily Archives: May 29, 2017

Business Georgia Organized Kvemo Kartli Business Forum

Rustavi Hosted Business Forum. The main  supporters of Kvemo Kartli Business Forum were Kvemo Kartli Regional Development Agency and  Administration of the State Representative-Governor in the Kvemo Kartli Region. General Director of BUSINESS GEORGIA, Governor of Kvemo Kartli Grigol Nemsadze and Rustavi Mayor Davit Jikia officially opened the event. A memorandum of understanding was signed between …

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Government to Suspend State Subsidies on All Grape Varieties

Government should apply the finances on enhancement of winegrower’s knowledge, simultaneously to removal of subsidy. In many countries throughout the world, agricultural sector is subsidized from state budget. However, the idea of subsidy is to promote the development of specific direction. Nobody is subsidizing overproduction. In such case the state …

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Beeline Appoints New General Director

Communications and technology company Beeline appoints new General Director Andrzej Malinowski, he will replace Giorgi Tkeshelashvili. Malinowski is a Polish businessman and has 17 -year experience in producing primary consumption e-commerce businesses. He is outstanding in starting, developing and managing e-commerce types of businesses  in different countries. In the past he …

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Georgia is No Longer a Post Country – Giorgi Kvirikashvili

Giorgi Kvirikashvili

Georgia is no longer a ‘post’ country. I think we need to get rid of these ‘post’ clichés. We are a country which can be easily called an eastern European Country, – Georgian Prime Minister Giorgi Kvirikashvili  said in response to Head of Russia’s Education and Science Committee Viacheslav Nikonov. …

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Retail Crediting Surpasses Corporate Portfolio in Growth Pace

The Georgian bank sector earns record profits every year. Despite Georgia’s economic growth pace is 3% on average over the past 5 years, profits of commercial banks grow by more than 100% every year. Bankers assert that such high profitability indicators are preconditioned by the sector’s success. However, it should …

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