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 …
Read More »Daily Archives: December 19, 2017
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 …
Read More »German Firm To Transform Trafficked Square into a ‘Pedestrian friendly’ Public Space
German firm Graft have been chosen to transform a heavily trafficked Square into a ‘Pedestrian friendly’ public space at the heart of Tbilisi’s central quarter. The proposed large pedestrian area with a continuous pavement will connect Rustaveli Avenue to the neighborhood Vera. The projects includes not only regeneration of the spaces below the …
Read More »European Film Promotion Names Georgian Actor Irakli Kvirikadze Among Shooting Stars
European Film Promotion named Georgian actor Irakli Kvirikadze among, European shooting stars. This year’s jury of industry experts has selected a list of what they deem to be 2018’s ten most talented, up-and-coming actors from all over Europe, who are ready to step out onto the international film scene. They …
Read More »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 …
Read More »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 …
Read More »ZINAsi – Badges from LEGO Wastes – Startup Created during Playing with Children
“When children assemble LEGO, they follow the instruction, while when working on ZINAsi badges, it is a game too, but in this case, they think themselves of what shapes to give to the works, how to match colors and what to express in these badges”, Nini Palavandishvili, a founder of …
Read More »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 …
Read More »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 …
Read More »Shvidkatsa to Perform National Anthem of Georgia at NBA Game
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 …
Read More »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 …
Read More »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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