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Daily Archives: April 3, 2018

M2 Real Estate to Build Hotel in Telavi

The 3rd of April, 2018 – m2 Real Estate company plans to build a 130-suite hotel in Telavi, Kakheti Region, in two years. The company plans to develop  attractive space for tourists, local residents  and Georgian citizens, in general. m2 has already bought a 8512 square meter territory, where old …

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Georgian Beer Company to Issue GEL-denominated Bonds

In the third quarter of 2018 we will issue GEL-denominated bonds, Georgian Beer Company director Kakhaber Kotrikadze said. This fact will enliven the market, Kotrikadze added. “Georgian companies should come up with European level companies in terms of market organization and production”, Kakhaber Kotrikadze noted. The company plans to intensify …

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Tbilisi Fashion Week Will Take Place from April 19

The 17th season of Tbilisi Fashion Week will be held on April 19-22. Demonstration of the 2018 fall-winter collections, showroom and other events will be held at Tbilisi Balneological Resort, with the support of Tbilisi City Hall, Ministry of Economy and Sustainable Development, Enterprise Georgia agency and National Tourism Administration, …

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Number of Tourists Increased by 33% in March

In March, 578,514 international travelers visited Georgia, which is 67,472 more than the same period last year (a growth of +13.2%). The number of foreign visitors or travelers who traveled 24 or more hours in March equaled 292,017, which is 72,403 more than in March 2017 (a 33% increase). In …

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Gepherrini to Export Leather Bags to Hong Kong

Gepherrini , Georgian leather bags manufacturing company, plans to export its products to Hong Kong and open its own store there in June 2018. It is noteworthy that, with the support of Enterprise Georgia agency, representatives of Gepherrini took part in Hong Kong leather products exhibitions – APLF and they …

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Heidelberg on the Way to Ejecting Competitors and Monopolizing Market

HeidelbergCement Georgia is a major cement manufacturing company in Georgia, which owns 3 cement integrated plants, 13 concrete plants, 2 inert materials aggregates, 1 cement terminal and 1 cement-grinding plant. According to spread information, previously, the company was owned by businessman David Bezhuashvili, but he sold 50% stake to Co-Investment …

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