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Daily Archives: July 11, 2017

Town Keda To Enjoy Wine Hotel

Company “Turmanidze Marani” to open 24 suit, hotel type wine house. Supposedly project will require $500,000. Company already produces wine in the town and plans to construct wine house near the production place. “We are producing 10 tonnes of wine and are ready to expand it to 60 tonnes. Herewith our …

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Platform to Simplify Working Process and Save Time

Platform.ge is an innovative platform for Georgia market sponsored by ‘’Startup Georgia’’. The main purpose of the website is to create online co-working space, which helps to manage human resources and time efficiently. There are some websites worldwide with the same goal to simplify business process; over time, there was …

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Last Installation Work on BTK Railway Underway in Turkey

Last Installation Work on BTK Railway Underway in Turkey

Last installation work is being carried out on the Baku-Tbilisi-Kars (BTK) railway in the Turkish province of Ardahan, the country’s media outlets reported July 8. Certain work is being carried out in night time for the early commissioning of the railway, according to the report. The BTK railway is being …

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Leading Construction Developer Alliance Group Received International Arch of Europe Award

Leading Construction Developer Alliance Group Received International Arch of Europe Award

Alliance Group, the leading Georgian construction developer, known for bringing world-renowned international brands in Georgia’s real estate market, received another global recognition-the International Arch of Europe (IAE) Award for Quality and Technology in the GOLD category. “All projects by Alliance Group meet European standards. Our partners are world-known international companies. …

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Mariam Valishvili Plans to Purchase Wind Power Station Shares

Deputy Energy Minister Mariam Valishvili plans to purchase wind power station shares. Mariam Valishvili told Business Course that she will receive information about on stock exchange placement and supposedly will buy a share or several shares. “This is the first case, when our compatriots are able to co-participate in energy …

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Anzor Kokoladze-Convicted for Fraud Libels Again

Anzor Kokoladze, convicted for fraud, presented another defamatory statement against TBC Bank by the pre-election period. As it Seems, Kokoladze demands pardon of illegal action from all three: the state, private business and the court. The Prosecutor’s Office still investigates the case of illegal income of Kokoladze and has already …

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Only Two Commercial Banks Record Negative Coefficient of Profitability

Only two commercial banks record negative profitability coefficient on Georgian banking sector (ROA – return on assets; ROE – return on equity). In the same period of 2016, both commercial banks had positive indicators. Turkish  İşbank started operation in Georgia after it opened a branch in Batumi. The body obtained …

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Young Georgian Inventors Participating in ‘First Global’

Young Georgian inventors will travel to Washington to participate in International Robotics Olympiad ”First Global” supported by TBC Bank. The International competition will be held on July 16-18 for the first time. Participants will represent more than 160 countries. Teams are composed by 15-18 years old, talented inventors. The main …

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