In regard to the March 20 auction, our company was interested to buy the specific 16 hectare land plot in Dmanisi District by auction only for reasonable price. Amid the recent developments there are attempts to involve us in dirty political games, where there is no place for independent business! …

Top Management of BGEO Group were awarded with shares as bonuses. The shares of leading banking-finance group were given to Irakli Gilauri, General Director, as well as members of directorate: Avtandil Namicheishvili, Kakha Kiknavelidze (CEO of Bank of Georgia), Davit Tsiklauri, Giorgi Alpaidze and Eka Shavgulidze. The managers received shares …

Profit reduced to Bank of Georgia with 30 million y-o-y. As of March 1, the bank has a net profit of 44 million GEL. However, Bank of Georgia had a profit of 72 million in the same period of 2017. Besides, the bank had a great advantage. Bank of Georgia …

Microsoft held a large event at Rooms Hotel Tbilisi on the topic of digital transformation. Business leaders and IT department representatives participated by invitation. The event was opened by Nikoloz Doborjginidze, the General Director of Microsoft Georgia. “This is the first large forum, organized and promoted by Microsoft. The forum …

Interview with Head of Marketing and Public Relations department, Tamar Dighmelashvili. Why did you decide to enter this field, and what kind of opportunities does this profession give you? I’ve always realized I must choose a profession based on what activities I enjoy. Marketing and Public Relations is an art …

Interview with Klaus Holm Laursen Managing Director of APM Terminals Poti. In recent years, specialists talk about the fact that Georgia, which has ambitions of energy and transit hubs in the region, loses its freight that are of vital importance for the country’s economics. The transit corridor of the country …

Georgia is the only country in the region that has signed free trade agreements with both the EU and China. Preparations for conducting negotiations for an upgraded DCFTA trade regime started in 2009. The European Commission submitted recommendations for implementing reforms in various fields. After fulfilling these recommendations, DCFTA began …

Business conference Oracle Day in Georgia took place in Tbilisi on February, 21. The main goal of the event was to introduce Oracle’s state-of-the-art digital technologies and expertise to Georgian IT leaders. In particular, how to optimize business processes using Oracle’s innovative cloud technologies. Oleg Zhukov, Oracle Cluster Leader for …

In 2017 the inflow of foreign direct investment to Georgia hit a historic maximum. According to Geostat, the national statistics service of Georgia, in 2017 FDI inflows constituted $1.861 billion, up 16.2% from the previous year ($259.1 million). Prior to publishing the 2017 indicators, Geostat reported that major FDI inflow …

Business leaders across the globe have, time and again, talked about the relevance of innovation in changing the world. However absurd it may sound but businesses are not all about pursuit of profit; businesses are, in fact, about profit making through innovative ideas that create value for the consumer. Innovation …

Economist brothers Zaza Gelashvili and Giorgi Bochorishvili decided to enter wine market in 2016 and offered premium product- exclusively engraved wine- ”Niamori” to audience.  Giorgi Bochorishvili, Director and Co-founder of Niamori shared about company branding, target audience and future with Marketer:  What is the concept of Niamori brand? Inspiration of …

Forty journalists from the lead Georgian media attended a seminar in Kvareli, on 17-18 March 2018, to learn about Georgia’s strategic priorities in rural development and the 2018-2020 strategy and action plan. The seminar was organised by the Ministry of Environment Protection and Agriculture of Georgia, supported by the European …