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Daily Archives: July 10, 2017

SOFA Strives to Strengthen Movie Biz Infrastructure in Central, Eastern Europe

Four years ago Nikolaj Nikitin launched his innovative training program the School of Film Agents (SOFA), which provides tutoring and mentoring for movie biz professionals outside the production sector. Next month, its latest edition opens in Warsaw, Poland, following its recent edition in Tbilisi, Georgia. Variety caught up with Nikitin, who also …

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Several Tens of Stores Burnt down at Poti Fair

Conflagration on the Poti Fair territory has been neutralized, Tamaz Ubilava, head of agency for management of extraordinary situations in Samegrelo-Zemo Svaneti Region, noted. Nine firefighting teams were involved in the fire extinguishing process, including form Poti and neighboring districts, Tamaz Ubilava said. Poti Mayor Irakli Kakulia noted that a …

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SOCAR Increases Share in its Georgian Subsidiary

SOCAR Increases Share in its Georgian Subsidiary

Azerbaijan’s state oil company SOCAR increased its share in the authorized capital of SOCAR Energy Georgia Ltd. (its Georgian subsidiary) from 51 percent to 67.34 percent, according to the SOCAR’s consolidated financial statements for 2016 audited by the London-based Ernst & Young company. SOCAR paid 58 million manats ($34 million) …

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Global Group Acting Locally –Ferrero For Georgia

The Ferrero Group presented its 7th Corporate Social Responsibility report (CSR), with a Special Focus on projects in Georgia. The report was introduced by Ambassador Francesco Paolo Fulci, Vice President of the Ferrero Group and Aldo Uva, Chief Operating Officer Strategic Business Units Ferrero International Caucasus Business Week had a …

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National Tourism Administration Allocates 150 000 GEL for Media Tours

National Tourism Administration spent 138 991 GEL for the press and info-tours in the frame of the project ”Meet Georgia” during the 2015-2016 years. According to ”Business Course” information provided by the National Tourism Administration, 8 media tours were held and 41 reportages have produced within the project. Total expenditure amounted …

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Nelkarisi Winery Opens in Kvareli

Georgian Prime Minister Giorgi Kvirikashvili has unveiled Nelkarisi Winery in Kvareli, Kakheti Region, which unites winery, wine store, wine cellar and restaurant. “This is one of the best samples of cooperation between government and private sector”, Kvirikashvili noted and talked about perspectives of Georgian wine sector and wine business. “We …

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Georgian Architect Awarded for Winning the Eco–Bridge Competition in Seoul

Georgian architect, who is a member of  Lithuanian team called KILD, was awarded for winning the Eco-Bridge competition. KILD proposed a structure evoking the “pictorial passage through the southern slopes of the two discontinued mountain peaks of Mt. Umyeon and Maljukgeori Parks”, which was in response to the Yangjaegogae Eco Bridge Design Competition commissioned …

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”Bluebell”-Diverse Desserts for Celebrations

”Bluebell” is a product which makes celebrations more festive by its creatively designed sweets. Two Georgian sisters founded this business starting from designing cupcakes,whilst customer’s demand was so high that the assortment is constantly growing and they moved from social network to their newly opened store. CBW had an interview …

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Uninsured Trade and Business amid Frequent Conflagrations

Over the past 5 years several trade centers burnt down in Georgia. In most cases, property turned out uninsured. This factor generates huge problems. For many years, insurance sector specialists stress that there is no insurance culture in Georgia. Insurance experts point out that the country does not provide satisfactory …

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Dental Clinic ”Appledent” to Develop Medical Tourism

Dental Clinic Appledent plans to diversify business and chooses medical tourism as a new direction. The company’s manager opened a new, tourist company ”Appletravel”.The main purpose of Appletravel is to attract patients from abroad and provide them with high quality dental services. We receive patients from Russia, as well as …

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