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Daily Archives: June 29, 2017

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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Grosh – Couple Creates Startup of Genuine Leather Accessories

Idea of creating Grosh startup of handmade natural leather accessories belongs to the young couple, Gvantsa Pantskhava and Giorgi Gurgenidze. Couple started creating handmade bags, wallets and wrist-bands year ago. Marketer.ge spoke with one of the founders of the brand. We always wanted to purchase similar products for ourselves, and we used several …

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SOCAR Foreign Investments Near $4.5B

As of January 1, 2017, Azerbaijan’s state oil company SOCAR invested almost $4.49 billion in projects abroad, a source in the company told Trend June 16. The greatest share of the company’s investments – $3.334 billion – accounted for projects in Turkey, according to the source. “As much as $414.5 …

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Materia Shows the way Forward for Georgian Fashion

Materia Shows the way Forward for Georgian Fashion

“Materia” means fabric in Georgian, a winning name for a fashion house based in Tbilisi. Fashion House Materia offers its customers a premium clothing line Matériel and more affordable products under the Dots brand. Clothing produced by the company can be spotted being worn by representatives from various public institutions in Georgia: the army, police, post …

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IPM: Demand on European Destinations Increased by 30-40%

IPM: Demand on European Destinations Increased by 30-40%

As long as Georgia gained visa liberalization travel has become more available, consulting company IPM has got interested in the activation of aviation and what their media communication is. “Against the background of visa free regime, the representative of airlines and tour operators state that the number of Georgian citizens …

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Startup Georgia Finances Micro Greens Vertical Greenhouse by 72 000 GEL

Micro vegetable greenhouse project enables to grow micro vegetable by hydroponic method in artificial environment without soil. The plant grows on substrate, not on soil.  Micro Green company has obtained 72 000 GEL financial support from Startup Georgia program and the project authors arranged vertical greenhouse for growing greens, for …

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Agrolane Expects Blueberry Harvest of 60 t This Year

Agrolane Expects Blueberry Harvest of 60 t This Year

The Company Agrolane is expecting blueberry harvest of 60 t this year. The company has already started picking harvest from the orchard of 6 ha. The Minister of Agriculture participated in the process. Agrolane is expected to harvest 10 t per 1 ha this year. The harvest will be processed …

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Georgia Economy Minister Expects GDP Growth to Exceed 4% in 2017

Georgia’s economy has a good chance of exceeding an official 4 percent growth projection in 2017 thanks to private sector developments and the government spending on infrastructure projects, the country’s economy minister said on Wednesday. After slowing to 2.2 percent last year from 2.9 percent in 2015, the economy of …

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