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Daily Archives: August 22, 2017

SOCAR Planning to Increase Gas Production in Coming Years

SOCAR planning to increase gas production in coming years

Azerbaijan’s state oil company SOCAR is looking to increase production of natural gas in coming years, the company’s head Rovnag Abdullayev said in his interview with Reuters. In coming years, said Abdullayev, the country expected to put on stream several gas fields that would provide much-needed output growth. “We aim …

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Istanbul Municipality Launches First Floating Solar Plant in Turkey

Istanbul Municipality Launches First Floating Solar Plant in Turkey

The first floating solar (FPV) power plant in Turkey was officially operational on August 4, 2017 as part of a testing phase that could lead to a significant number of systems installed by the Istanbul Metropolitan Municipality (IBB) on reservoirs, lakes and dams. Istanbul Water and Sewerage Administration (ISKI) with …

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Photographer Captures Georgia’s Beauty by Drone Before Restrictions

The past few years have seen rapid advancement in drone technology. As devices become smaller and more affordable than ever before, people all over the world are delighting in capturing their travels from interesting angles. However, this prevalence has also led to countries being more vigilant when it comes to …

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Mountain Resorts Company Arranges Safety Corridors in Borjomi Gorge

Georgia borjomi fire

Mountain Resorts Company has organized safety corridors to prevent further spreading of fire in Borjomi Gorge. The company statement reads that Bakuriani Mountain Management Department actively participates in localization of conflagration in Borjomi Gorge. “Workers of Bakuriani Mountain Management Department are participating in in road arrangement works in the so-called …

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Azerbaijani Company Wins $15.3mln Tender in Georgia

Investment Corporation Akkord Senaye Tikinti OJSC has won a tender in Georgia. The company reports that it won the tender for the reconstruction of water supply system in the city of Chiatura. “The project is financed by the Asian Development Bank. The cost of the tender is $15.3mln,” the report …

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Discussion on Draft Rural Development Action Plan 2018-2020

The Ministry of Agriculture of Georgia revealed the Rural Development Action Plan for 2018-2020. The document is part of the Rural Development Strategy for 2017-2020 and identifies key activities planned to advance rural development in next three years. The Rural Development Strategy 2017 – 2020 was adopted by the Government …

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Estonian TV Program – Travel with Me Visits Georgia

National Tourism Administration of The Ministry of Economy and Sustainable Development of Georgia organized Estonia’s top TV Company’s ETV | ERR visit in Georgia. ”Travel With Me” staff is preparing a program about the potential of tourism in Georgia. TV stories about the country will be aired in Estonia on …

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Georgian Wine Festival 2017 in Asian Countries

21.08.2017 (Hvino News). Georgian wine is the rising star of China’s wine market, with exports increasing 100% or more annually since 2008. 2017 Georgian Wine Festival features exclusive sessions for wine industry professionals and the media, and also wine lovers. Singapore Station: Georgian Wine Lunch pairing Singaporean Cuisine Date: 28 …

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The Price of Georgian Companies’ Shares has Decreased Again

Investment Company Galt & Taggart reported that Georgian companies’ shares were dropped last week. Compared to the previous month, the healthcare group’s shares in the London Stock Exchange were cheaper. The price of the shares of the company fell to the previous week, but TBC Bank’s shares did not change …

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