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Daily Archives: January 16, 2018

Why Government Keeps Pension System Reform’s RIA Classified

Why Government Keeps Pension System Reform’s RIA Classified

By order of Governing 4 Growth (G4G), project by US Agency for International Development (USAID), ISET has conducted a regulatory impact assessment (RIA) for pensions system reformation. The mentioned information was confirmed by G4G and ISET. In response to the question, why the mentioned document is not divulged, G4G representatives …

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Air Pollution is the Most Important Issue in the City According to NDI Research

According to National Democratic Institute (NDI), environmental pollution for Tbilisi residents remains the most important issue. 42% of respondents respond that environmental pollution is one of the most important issues related to improvement / infrastructure that the city suffers. According to the research organization, pollution in Tbilisi was the most …

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Georgian Airways Served 308 275 Passengers in 2017

During the year 2017, Georgian airline “Georgian Airways” carried 308 275 passengers, reads company’s annual report. It also states that the company started direct flights from Tbilisi to London and Prague, as well as Batumi in 2017. As of March 2018, the airline starts direct flights round flights to Paris, …

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Two Companies were Granted Permission to Fly in Winter Resort Zones

The Civil Aviation Agency of the Ministry of Economy and Sustainable Development of Georgia issued a license to ”Wucher Helikopter Gmbh” and company ”HTM Helicopter Travel Munich GmbH” for flights in winter resort zones. According to the application filed, the Austrian company Wucher Helikopter Gmbh will operate in the Gudauri …

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Pomegranates Plantations to be Cultivated in Kakheti

Company “Agroplan” plans to plant pomegranates in Kakheti. The project is already in active phase and at this stage the business plan is being processed. Preliminary estimates of pomegranate seedlings are 400 hectares. As the founder of the company Mohamed Javad Arabnejad told bm.ge, there is a good prospect of …

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Georgian Short Documentary The Trader to Be Broadcast on Netflix

A Georgian short documentary The Trader / Sovdagari directed by Tamta Gabrichidze will be broadcast on Netflix starting 9 February 2018. The Trader had its premiere at the Hot Docs Documentary Film Festival 2017, where it won best short documentary award. This 23-minute film follows a man who travells by a minivan through …

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Education Ministry Revises Higher Education Funding Terms

Ministry of Education and Science plans to revise higher education funding methodology as part of the 2017-2021 strategy. Objective of the changes is to diversify a funding of higher education. Despite different real expenditures on education programs, all vouchers are of equal value. At the same time, top margin will …

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Georgian Company on Cryptocurrency, Risks and Working Mechanism

Cryptocurrency is one of the most commonly used words for people interested in money, especially in recent months. The need of cryptoexperts and consultants appeared on the market, and mining attracted public’s interest. Marketer had an interview with Bitforx Marketing and Sales Director, Nika Tsotniashvili about the subject: What is …

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Real Estate on Balance of Ministry of Economy

There are 47 719 agriculture land plots on the balance of Ministry of Economy. Total space of these land plots constitutes 3 791 424 603 square meters, including the major part (16 389) is located in Kvemo Kartli, while the smallest part is registered in Racha-Lechkhumi and Kvemo Svaneti Region. …

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Badagoni Exported Largest Volume of Georgian Wine

Badagoni

Georgia in 2017 exported a record number of wine over past 30 years – 76,7 million bottles to 53 countries. With 2017’s sales reaching 7 million bottles, Badagoni wine company appears to be the leader among 250 Georgian wine exporter companies, and is one of the major contributors to huge …

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NDI: Unemployment Shrinks in Georgia

According to the National-Democratic Institute (NDI), unemployment level is declining. According to the recent report, which was held in December, number of people, who consider themselves unemployed, has shrunk. Namely, 40% of the respondents consider themselves to be employees, while 60% consider themselves as unemployed. According to the June 2017 …

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