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Daily Archives: June 20, 2017

REGUS to Open Representation in Georgia

REGUS to Open Representation in Georgia

REGUS, the biggest international company of office services, has entered Georgian market. The company representation will open at the Business Center Tabidze 1 at 17 o’clock on June 22. REGUS is the world’s leading company in offering working spaces with flexible conditions. The most successful entrepreneurial organizations, individuals and multi- …

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Alanya’s Farm: Dairy Production is not Profitable

Alanya's Farm: Dairy Production is not Profitable

Alanya’s Farm, locating in Senaki, plans to move on the meat production from the processing of dairy products.  The Alanyas brought the Holtestine Cattle to Georgia for the first time and made a modern farm. The farm has grown between 1998 and 2015. Therefore, the cattle stock has grown to …

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New Insurance Company Appears on Market

New Insurance Company Appears on Market

Georgian Insurance Group has launched operation on insurance market. The company has already obtained life and non-life insurance licenses. The company was founded in May 2017. The company’s starting capital is 2 200 100 GEL. Archil Morchiladze owns a 51% stake in the company, while NewMedi holds a 49% stake. …

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Georgian Exports to EU Countries Grow by 41%

Georgian Exports to EU Countries Grow by 41%

Demand for Georgian products grows on EU market.  According to Geostat, national statistics service of Georgia, in January-May 2017 the country exported 260 million USD products to EU market, up 40.7% year on year. In the reporting period, imports totaled 830.4 million USD, up 9.1% year on year. Georgia’s total …

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Forbes has Presented a New Edition of The Banker

Forbes has Presented a New Edition of The Banker

Forbes Georgia has presented a new edition of Forbes Banker. The magazine presents ongoing events in the banking sector, the results of the previous year and interesting ratings. The main theme of the second special edition is “TBC Insurance”. Paata Ghadzadze, famous banker and experienced insurer of risks is on …

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Demand for Ghvardzelashvili Marani Wines Grows

Ghvardzelashvili Marani Company was founded 2 years ago. The company founder Giorgi Ghvardzelashvili noted that the company produces Qvevri wine. The company wines have won an award for the second time, including several days ago at WinExpo Georgia 2017 international exhibition in Tbilisi. “Georgian wines are quite in-demand products, I …

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Kutaisi University Campus to Develop with the Support of TUM

Kutaisi University Campus academic and research programs, management structures and development plan will be composed by TUM and Georgian specialists. While selecting studying and research programs as well as university management, scientific and administration staff, TUM university quality management standards have been used. Agreement with TUM International includes Innovations center, …

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German Lab: Baby Toys at PSP Pharmacies Comply with EU Standards

German Lab: Baby Toys at PSP Pharmacies Comply with EU Standards

German Laboratory has confirmed that baby toys at PSP pharmacies comply with EU standards. Quality of toys was examined at the end of 2016 by organization of Momkhmarebeli.Ge. As part of the project, baby care things from PSP Pharmacy were sent to accredited laboratory for examination in Germany. The laboratory …

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