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Daily Archives: December 19, 2017

SOCAR’s Black Sea oil Terminal Ships 2,200 Tankers

On December 15, the 2,200th tanker was shipped from the Black Sea terminal of Azerbaijan’s state oil company SOCAR in Kulevi, Georgia, reads a message posted on the terminal’s website. The message said the Kulevi oil terminal started operating May 16, 2008, and it took less than a month for …

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Foreigners to Insure Motor Vehicles in Georgia From Next Year

Foreigners will have to insure motor vehicles in Georgia and without doing this they will not be able to move through the territory of the country, the Georgia Online news portal reported. The insurance of foreigners’ civil liability is stipulated by the law, which has already been approved by the …

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Fire of Anatolia – Performed in Tbilisi

Organized by ”SA Organization”, the legendary dancers group Fire of Anatolia started touring in Batumi, where the first concert was held on December 13 at Batumi Art Center. The legendary dancers performed in Tbilisi. ”Fire of Anatolia” is one of the best dance group, that has astonished its audience at …

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PASHA Bank sponsored third CEO Lunch Tbilisi and Business Forum

PASHA Bank sponsored third CEO Lunch Tbilisi and Business Forum

On December 15th Caspian European Club and Caspian Energy Georgia held Azerbaijan-Georgia Business Forum and the third CEO Lunch Tbilisi with the support of PASHA Bank and the Embassy of the Republic of Azerbaijan to Georgia. Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Georgia Dursun Hasanov, State Governor of …

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Fitch Upgrades Basisbank, Affirms Two Other Georgian Mid-Sized Banks

Fitch Ratings-Moscow/London-18 December 2017: Fitch Ratings has upgraded Basisbank’s (Basis) Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘B’ and affirmed Cartu Bank’s (Cartu) and Halyk Bank Georgia’s (HBG) IDRs at ‘B+’ and ‘BB-‘, respectively. Fitch has revised the Outlook on Cartu to Negative from Stable. The Outlooks on Basis …

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Georgia Ranks 74th in ICT Index

International Telecommunication Union (ITU) has published the annual index of communication technology development (ICT), according to which, Georgia ranks 74th worldwide. The country has lost one position compared to 2016. The rating consists of 11 criteria. Georgia’s rating point is 5.79 out of 10, down from 5.59 as compared to …

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Shvidkatsa to Perform National Anthem of Georgia at NBA Game

Shvidkatsa

Shvidkatsa ensemble will perform national anthem of Georgia at the NBA game to open the game between Golden State Warriors and Memphis Grizzlies. During the game, several Georgian songs will be performed. Before the match, the ensemble will perform national anthem of the USA, while between the quarters national anthem …

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Campa Exported Brand Frutata to Asian Market

The juice  producer company “Campa” exported brand ”Frutata” to Asian market. Director of the company Sandro Buadze said in an interview with “Commersant” that the export of drinks has already been implemented in Arab countries and in China. According to him, negotiations are underway with the exporter countries: “This is …

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Terabank Aghmashenebeli Branch has Renewed

  According to the concept of the financial house, another branch of Terabank has been renewed. Terabank’s Aghmashenebeli branch moved to the new address on the opposite side of the Aghmashenebeli N148. The new concept of Terabank includes the creation of an environment where costumers feel themselves at their ”financial …

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