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Monthly Archives: May 2017

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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How Vetements Is Helping Tbilisi Become the Next Fashion Hotspot

The fashion realm has come a long way. Days where people’s sartorial interests were swayed exclusively by what trends mainstream fashion capitals like New York, Paris, London or Milan produced are long behind us. Here at Highsnobiety, not a week goes by where we aren’t covering a designer, trend or event …

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PASHA Bank – Partner of International Business Forum in Batumi

PASHA Bank - Partner of International Business Forum in Batumi

On May 22-23rd International Business Forum took place at Euphoria Hotel Batumi. The event was organized by consultancy company “IBF” and supported by PASHA Bank. The main topic of discussion was Leadership; therefore experience in this area was the main criterion while choosing the right speakers for the event. Each …

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Black Sea is Damaged by human activity, the Environmental Research Reveals

Black Sea

Findings of the Black Sea Monitoring Surveys, carried out by the team of Georgian, Ukrainian and European researchers with assistance from the European Union (EU) and United Nations Development Programme (UNDP), were presented in Tbilisi on May 23, 2017. The event brought together representatives of the Georgian Government, environmental organizations, …

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Natura Tea Company to Launch Georgian Tea Into the EU Market

Natura Tea Company will launch Georgian tea into the EU market. The company is currently waiting to be granted with ISO certificate. It has been declared that it will take few months to gain the certificate and it will be followed by active negotiations with the EU countries concerning tea …

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