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Daily Archives: September 18, 2017

PASHA Bank to Partner Caspian Energy Georgia’s new Project

PASHA Bank to Partner Caspian Energy Georgia’s new Project

This year Caspian Energy and Caspian European Club opened their representation in Tbilisi – Caspian Energy Georgia. The latter will be engaged in arrangement of business forums, CEO lunches, trainings, seminars, round tables and other business activities. Caspian Energy is an international journal spread in over 50 countries of the …

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First “Georgian Vintage” Held in France

Vintage in France

Recently Giorgi Chkheidze, Deputy Minister of Agriculture of Georgia, participated in the first “Georgian vintage” in Antibes, France. Georgian winemaker and former rugby player Ilia Kakhoidze with French partner Gérard Germain planted a vineyard of Georgian varieties Mujuretuli and Kakhuri Mtsvane on a half hectare land at Juan les Pins, …

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100 Milion GEL to Be Invested in the Development of Resort Tetnuldi

According to Giorgi Kvirikashvili, Prime Minister of Georgia, 100 million lari will be invested in the development of resort Tetnuldi. He stated about it at the presentation of mayoral candidates in Samegrelo-Zemo Svaneti region. ”We are doing everything to develop enterprise here. About 500 projects have been financed in micro …

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GWS Brings the Feast of Bacchus Back to Georgia (where it belongs)

Yes, you read it correctly: the legendary Feast of Bacchus belongs to the ancient Georgia as rightfully as to the ancient Greece and Rome. The explanation lies in the history, when the Kingdoms of Colchis and Iberia were part of the Greek civilization, and the Argonauts could have searched for …

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TAP to Launch 131 More Projects in Coming Months

The consortium for construction of the Trans Adriatic Pipeline (TAP) is due to roll out 131 additional projects with a total value of approximately 23 million euros in the upcoming months, TAP Managing Director Luca Schieppati said in an interview with Trend. He pointed out that the benefits TAP will …

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Negative Trade Balance Improved

In January-August 2017 Georgia’s external turnover constituted 6 618.2mln USD (excluding undeclared trade), up 12.2% as compared to the same period of 2016. Exports made up 1682.8mln USD, up 28.5% year on year, while imports totaled 4935.5mln USD, up 7.5%. In the reporting period, negative trade balance constituted 3252.7mln USD, …

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