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Daily Archives: November 17, 2017

Tolerance Square created in Batumi

To celebrate the International Day of Tolerance nongovernmental organization “House of Free Journalists”, Batumi city Hall, Maritime center and construction company “Mardi Holding” arranged an event. The aim of the event was to rise motivation on environment protection among Georgians and national minorities living in Ajara Autonomous Republic. The volunteer …

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Stronger Together – Musical Prelude to the Eastern Partnership Summit

The concert will be held on 23rd November, on the eve of the 5th Eastern Partnership summit. The concert will consist of two parts classical and jazz, where musicians from Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine will perform together for this unique occasion where culture and politics will meet. …

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Cost of Living Grows in Georgia

Cost of Living Grows in Georgia

Cost of living rose in October and the figure made up 174 GEL for able-bodied male, up 5.2 GEL month on moth and up 14 GEL year on year. Cost of living of an averaged consumer constituted 514.10 GEL, up 4.6 GEL month on month and up 12.3 GEL year …

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Expenditures in Agriculture Sector VS Results

Expenditures in Agriculture Sector VS Results

Having won the 2012 parliamentary elections, Georgian Dream named agriculture sector as a key priority direction. Billionaire Bidzina Ivansihvili stressed that he would invest about 1bln GEL in the sector development. Over the past 5 years, many state programs were implemented in agriculture. Some of them do not function today, …

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Electric Buses to be Produced Soon in Georgia

The company “Fregobus” plans to start production of electric buses within German-Chinese partnership. Fregobus will sign Memorandum with German company EURABUS and ZTE Corporation, the largest Chinese corporation, on November 23, according to “TV Pirveli”. The memorandum envisages establishment of a single consortium and founding an enterprise within it. The …

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A Spectacular H&M Party Debuts The First H&M Store in Tbilisi

The excitement over H&M’s arrival in Tbilisi reached fever pitch as nearly 900 VIPs, celebrities, fashion enthusiasts and members of the media gathered for an exclusive shopping party at its 3,000 sqm store at Galleria Tbilisi. The night of November 16th will stay remembered not only for exclusive launch but …

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NBG Vice President: Public Expectations Make GEL exchange Rate Volatile

NBG Vice President: Public Expectations Make GEL exchange Rate Volatile

GEL exchange rate volatility was preconditioned by public expectations after importers have intensified activities. Archil Mestvirishvili, National Bank vice president: We have noted that Georgia has set floating exchange regime, which is accompanied by market fluctuations. As to the factors affecting exchange rate, we have made comments on the issue …

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Startup Insurance – Joint offer of Startuper and TBC Insurance for Startupers

TBC Insurance and TBC Bank Program ”Startuper” offers a special product for startupers entitled ”Startup Insurance”.  Starting from today, startup business representatives have the opportunity to use the joint product of the property insurance, and use special discount on automobile insurance service. Startupers will be able to insure company automobile …

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