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Daily Archives: July 7, 2017

Georgian Foreign Reserves Are on the Maximum of 3.5-year

Georgian Foreign Reserves Are on the Maximum of 3.5-year

The volume of Georgian foreign assets is increased up to 2.956 billion USD, it is the highest rate after November, 2013. Reserve assets increased by 13 million USD through 1 month, while the increase is 10 million y-o-y. Major shares of reserves – 2.753 billion USD account for foreign exchange …

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All-Terrain Vehicle Tours-Extreme Startup

Extreme tourism becomes more popular in Georgia due to the country’s natural resources and market requirements. ”Freeriders” is a two Georgian friends’ startup,first company in Georgia which offers ATV tours nearby Lisi Lake.   Marketer had an interview with one of the founder- Zuka Nabelishvili. What was the motive to found …

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Volkswagen Re-Enters Iranian Market After 17 Years

Volkswagen Re-Enters Iranian Market After 17 Years

German carmaker Volkswagen (VW) said Tuesday it would resume exports to Iran as soon as next month, marking a return to the resurgent market of the Islamic Republic after a 17-year absence. The aim is to reduce the manufacturer’s dependence on volatile markets such as China and Brazil. VW’s deliveries …

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Russia Is the Biggest Loser in G-20 Stock Markets

Russia Is the Biggest Loser in G-20 Stock Markets

When it comes to stock market performance this year, there’s no uniting the U.S. and Russia. The S&P 500 and the Micex began the year at almost the same level, but equities in the former Soviet nation have tumbled amid losses in crude and evaporating optimism over the lifting of sanctions …

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ADY Express Recognised for its Quality Standards by the ISO

ADY Express has been recognised for its quality standards by the International Organization for Standardization (ISO). “ADY Express” LLC is 100% subsidiary of “Azerbaijan Railways” CJSC, providing international standard logistics services via transport corridors connecting East China and Central Asia with Black Sea and Europe as well as Indian Ocean …

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Georgia to Increase Electricity Exports

Export of Electricity is increased by 5.4% annually in May, and reached 200.1 GWT, according to a Galt & Taggart monthly review. It is also indicated that the main exporter is Turkey, which is about 42,1% of exports.The export was 38.1% by the end of the year. The largest exporters …

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