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Daily Archives: April 5, 2018

Top Paskas You Need to Buy This Year

The festivities of Easter are just around the corner. There are several symbols that have become a part of Orthodox Easter celebration. Eggs dyed in red, frequently served on the wheat planted at home along with the Easter bread – paska, is still a tradition that counts years of existence, …

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m2 May Complete Unfinished Development Projects of Center-Point

m2 Real Estate and Center-Point company have signed a preliminary agreement, under which if Center-Point fulfills certain terms within 6 months, M2 will launch construction works in unfinished complexes of Center Point and complete the works in 3 years. According to m2 plan, if the agreement conditions are fulfilled, m2 …

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Wine Exports See 24% Rise

According to National Wine Agency, in January-March 2018, a total of 17.7 million bottles of wines were exported to 43 countries, up 24% year on year. Total value of the exports in the reporting period made up 40.47 million USD, up 26% year on year. Exports rose to Europe, USA, …

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New Wine Mejvriskhevi to Be Released to the Market

Mejvriskhevi Red is a new wine brand which will be released on the market in spring, in particular at the end of May. Andro Barnov, chairman of Kartli Wine Cellar Association,  said that the new brand differs with its delicious properties and aroma. It is noteworthy that Mejvriskhevi variety of …

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Airbnb will Compete with Small and Medium Size Hotels in Georgia

Airbnb, an American company which operates an online marketplace and hospitality service for people to lease or rent short-term lodging, successfully develops its business in Georgia, Property Georgia reports. 5678 apartments were listed on Airbnb from Tbilisi in 2016 while this number almost doubled in 2017 and made 9679. The market research …

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Government Introduces New Fundamental Tax Initiatives

The Premier: Georgian Companies may be Allowed to Participate in Tenders in Afghanistan

Government of Georgia has introduced new fundamental tax initiatives. Three new legislative initiates will oxygenate the business sector, especially small entrepreneurs, Prime Minster Giorgi Kvirikashvili said. “Ministry of Finance has submitted very important initiatives, which are to decrease taxation burden 5 times for small entrepreneurs. In reality, this was an …

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