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Daily Archives: October 31, 2017

Giorgi Gakharia: We have no Fears About Loading of the BTC Railway

Giorgi Gakharia: We have no Fears About Loading of the BTC Railway

“We do not see any risk and have no any fears about loading of the railway,” the Economy Minister declared to Maestro TV. Giorgi Gakharia has called trade traffic as verification. “We should take into trade traffic, numbers between Turkey and Azerbaijan, or even between Kazakhstan and Azerbaijan. This is …

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Pension on 1000-GEL Salary will Be 500 GEL on Average

Pension on 1000-GEL Salary will Be 500 GEL on Average

“Pensioners will receive about 500 GEL a month on averaged 1000 GEL salary saved for 30 years, excluding basic pension”, Deputy Minister of Economy Nino Javakhadze said. These calculations are not exact, because salaries, saving years and the type of risky investments may be different, Javakhadze said. Saved funds may …

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PASHA Bank Sponsored Second CEO Lunch Tbilisi

PASHA Bank Sponsored Second CEO Lunch Tbilisi

On October 27th the second CEO Lunch Tbilisi took place in Courtyard by Marriott Hotel. About 80 business and government representatives from Azerbaijan and Georgia took part in the event. CEO Lunch Tbilisi is a series of meetings for CEOs of Georgian and Azerbaijani companies, it is initiated and organized …

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Georgian Teams to Participate in European Festival of Creativity are Identified

Two Georgian teams will participate European festival of Creativity. The winners of the EUROBEST selection contest have been identified. On 28-29 October, Youth EUROBEST Youth Competition was held in Tbilisi. Competition participants competed in planning the integrated campaign. In the country, 2 best teams have been identified by the independent …

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Supporting the Extended Producer’s Responsibility in Georgia

Over 70 Georgian Government officials, representatives of international and non-governmental organizations, business associations, chambers and companies will get together on November 1, 2017, 09:30, in Hotel Holiday Inn, Tbilisi, to discuss the Extended Producers’ Responsibility (EPR) in Georgia. The meeting participants will discuss the EPR models and policy instruments in …

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Georgian Wine Museum Opens in China

Minister of Agriculture of Georgia Levan Davitashvili has unveiled Georgian Wine Museum Window to Georgia, which is located at top class hotel Sangri-la in the city of Yiwu, Zhejiang Province of China. The museum exposes materials of Georgian vine and wine culture and history, as well as Georgian wine varieties. …

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Racha Origin Fir-Trees are Being Sold in Europe

Every year in Europe, 45 million Christmas trees trees are sold, 90% of these trees are from the seed that is supplied from Racha. In the tributary of the village Nikortsminda, there is growing Caucasian Sochi, same as Nordman, which is exported to the grill seed in Europe by Fair …

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SES Communications Satellite Company Announced Financial Results

SES S.A. announced financial results for the nine and three months ended 30 September 2017. Executing differentiated strategy to deliver return to sustained and profitable growth Revenue EUR 1,527.2 million, up 2.5% over prior period EBITDA margin 65.1% and operating profit margin 29.4% (YTD 20161: 66.4% and 32.1% respectively) Net …

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