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Daily Archives: November 1, 2017

Tbilisi Hosts Georgian-Estonian Business Forum

Tbilisi Hosts Georgian-Estonian Business Forum

Georgia’s investment environment is one of the main topics of the Georgian-Estonian Business Forum, which was held in the capital. More than 100 Georgian companies are attending the event. Georgian businessmen got acquainted with Estonia’s investment environment, which will be discussed by Estonian Minister of Economy and Infrastructure. Zurab Alavidze, …

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First Hotel Complex at Shaori Lake to Open in Summer 2018

The first hotel complex at the Shaori Lake will open in summer 2018. Mamuka Jmukhadze, director of the project implementing company GeoTechInvest, says that the construction works have ended and internal repairs are underway. The businessman talks about reasons the complex inauguration ceremony was postponed. It is unreasonable to open …

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Liberty Bank’s Profitability Coefficient Rises

Liberty Bank's Profitability Coefficient Rises

Liberty Bank has increased its profitability coefficient. According to January-September indicators, return on assets (ROA) made up 2.75% (Q2/2017 – 2.4%), while return on equity (ROE) constituted 23.04% (Q2/2017 – 20.6%). Liberty Bank has recorded the highest Larization coefficient of the portfolio on the market. 98% of loans are denominated …

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Your Company’s New Office at the City Center

Your Company’s New Office at the City Center

Class A Business Center King David offers advanced business facilities and services to tenants. Multifunctional project King David is in operation since summer 2017. Currently three international companies are occupying business center including:  PwC Georgia, Samsung Georgia and Colliers International Georgia. New tenants will be welcomed in short future. King David is …

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Tbilisi Wind Festival Starts Today

The concerts will be held at Djanugh Kakhidze Center for Music and Culture on November 1 and 4, within the festival of wind-instruments. November 1st: 1st November Norwegian Music Academy Wind Ensemble Leif Arne Pedersen – conductor Anders Krøger: premiere of a new piece Strauss: Serenade op. 7 Richard Strauss: …

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Innovative and Unique Premium Class Eco-Friendly Showroom Opens in Tbilisi

An innovative and unique premium Eco-Friendly showroom will open on November 1,  Beliashvili 110 in Tbilisi where customers will be able to choose the desired products with high quality and wide range of designs. The company “Thermo industria” is the leading importer of heating, water supply, conditioning and ventilation systems, …

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Shopping Center Galeria Tbilisi to Open on November 30

The shopping center Galeria Tbilisi will open on November 30, 2017 with grandiose event. The multifunctional shopping center will feature up to 100 international and local brand stores, cinema ”Cavea”, bowling club, children’s entertainment center, foodstuffs, supermarket goodwill and other services. The Griboedov Theater, free theater and metro station Freedom …

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Adjara’s 2018 Budget to Increase by 44.88mln GEL

Forecast revenues of the Adjara Autonomous Republic’s budget was determined by 351mln GEL, up 44.800mln GEL as compared to the 2017 revenues. Ajara Government officials told the Commersant that on October 30, 2017 the Adjara government meeting was held led by Zurab Pataradze, Adjara Autonomous Republic government chairman. The agenda …

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Business started by two students scholarship

Two students, Tina Osadze and Mariam Siordia decided to start their own business in 2016, while studying in ”Iliauni”. It was the period when they received scholarship and started to implement their idea by GEL 400. That’s how well-known brand ”Populus” has established. Tina and Mariami met each other at …

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