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Daily Archives: January 23, 2018

Do Bitcoin Mining Costs Influence Electricity Prices?

On January 1, the electricity price rose to 23 Tetri for one kilowatt/hour from 14.54 Tetri. According to public opinion, the electricity tariff rose because of growing mining of electronic currency – BitCoin. It is worth noting that two virtual currency mining centers of out three ones in the world …

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Free Workspace to Launch Operation in Tbilisi

Tbilisi City Hall plans to launch free workspaces in the capital city. The municipality is seeking a due location, where beginner businessmen will have the opportunity to enjoy free workspace services. Preparatory works will be finished in 2018, while starting 2019 more than 60 persons will be able to enjoy …

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Counterfeit Georgian Wines Banned from Sales in Ukraine and Producer Fined

Counterfeit Georgian wine was removed from sales in Ukraine and the offender was fined by the Ukrainian Antimonopoly Service. In 2016, the National Wine Agency received information that Ukrainian companies illegally imitated Georgian wines and used Georgian protected appellation wine names. NWA appealed to Ukrainian Antimonopoly Committee, which launched an …

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Yandex Taxi Shows its Users How to Save Time and Money

January 23, 2018. Yandex.Taxi suggests alternative pickup points that will allow local citizens and tourists to travel faster and cheaper by taxi in Tbilisi, Rustavi, and Batumi. When users enter their destination address into the app, Yandex.Taxi starts looking for the best pickup points nearby the user’s location. If the …

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Coco Architects to Turn Enguri into Tourist Attraction

Coco Architects will be working on Enguri project. The company has already prepared a general plan, laser scanning of the administrative building and structural research of the building, 3D model of the landscape, topography and research of the existing roads. Also, survey of small architectural buildings, information signs scheme has …

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Exports of Copper Concentrates and Ferroalloys Considerably Grows

Exports of copper concentrates and ferroalloys has considerably increased. According to the official statistics, in 2017 exports of copper concentrates rose by 34%, while exports of ferroalloys increased by 81%. Revenues from their exports constituted 420 million USD and 307 million USD, respectively. These products lead the top ten exports …

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