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Monthly Archives: June 2017

Armenia and Georgia set to Expand Bilateral Trade

Armenia and Georgia set to Expand Bilateral Trade

The commerce and industry chambers of Armenia and Georgia signed today a memorandum on cooperation in Yerevan in the presence of the ministers of economy of both countries. Speaking to reporters, Martin Sargsyan, the head of the Armenian Chamber of Commerce and Industry, said the volume of commodity exchange between …

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Number of Bitcoin Users Grow by 400% Just in Two Years in Georgia

Number of bitcoin users in Georgia has grown by 400 percent in just two years, whereas it is increased by 130% compared to the year of 2016, Forbes Georgia reports. As for company eMoney, from the next week, Georgian consumers will have opportunity to trade with Litecoin. Company also plans to …

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Stadler Considers Construction of Railway Carriage-Building Works in Georgia

Swiss manufacturer of railway rolling stock, Stadler Rail AG, considers construction of Railway Carriage-building works in Georgia. Today company representatives together with Ministry of economy of Georgia will sign memorandum, according to which Stadler will study Georgia’s investment opportunities. The Prime Minister responded to the company’s decision on prospects of investing …

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SOCAR’s Kulevi Terminal to Increase Unloading Capacity

The Black Sea terminal of Azerbaijan’s state oil company SOCAR in Kulevi, Georgia, plans to increase its fuel oil unloading capacity, reads a message on the terminal’s website. This is to be carried out through the implementation of a project that will increase the unloading capacity of trestles #3 and …

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Vice President of USA Mike Pence to Travel to Georgia

At the direction of President Trump, Vice President Mike Pence will travel to Tallinn, Estonia; Tbilisi, Georgia; and Podgorica, Montenegro July 30-August 2, 2017, The White House Office of the Vice President announced. In Georgia, the Vice President will meet with President Giorgi Margvelashvili and Prime Minister Giorgi Kvirikashvili, among others, …

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GEBUY – Georgian Startup of Online Outlet Store

GEBUY is a Georgian startup of online store, which cooperates with German and Italian brand outlets. Every product is original with European quality and design. Store is more than just another average online retailer. They sell not only top quality products, but give customers a positive online shopping experience. Consumers …

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Georgia to Manufacture Modernized Asphalt by Recycling of Tires

Startup Georgia, a project instituted by Partnership Fund, has financed a used tires recycling project by 100 000 GEL. The project authors plan to manufacture plastic, raw rubber and their products through recycling of used tires. Gia Bazghadze told Business Course that the production will start in the second half …

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