Home / 2018 / April / 19

Daily Archives: April 19, 2018

Gebruder Weiss Plans to Invest Additional 2 million EUR in Georgia

GEBRÜDER WEISS

Major Austrian transport and logistics company GEBRÜDER WEISS plans to invest additional 2 million EUR in expansion of terminal infrastructure in Georgia, Wolfram Senger Weiss, the company managing board member noted at the meeting with Georgian Prime Minister Giorgi Kvirikashvili. The company is content with investments and the dynamics of …

Read More »

Tunnel Construction Works in Dariali Gorge to End in Autumn

Road Department has been building a 2 kilometre tunnel in the 132-135km section of Mtskheta-Stepantsminda-Larsi motorway, at the junction of Dariali and Devdoraki Gorges. Irakli Karseladze, chairman of Road Department has visited the construction site. At this stage, tunnel construction works have ended and tunnel coating works are underway. Approach …

Read More »

Annual Incomes of Two Georgian Bankers Exceed 9 million USD

The incomes of BGEO Group and TBC Bank top managers grow on annual basis. The Commersant has obtained previously unknown information about the wages of BGEO General Director Irakli Gilauri and TBC Bank General Director Vakhtang Butskhrikizde. This information is based on annual reports from 2017 by BGEO Group and …

Read More »

Fregobus to Introduce the First Electric Buses to Tbilisi

 Company Fregobus plants to introduce first electric buses in Tbilisi for demonstration. The company is aiming at producing and exporting electric buses in Georgia, with German company Euro Bus. As Head of Frego Bus, Murman Pataraia explained at BM, according to the agreement with Tbilisi City Hall, electric bus will …

Read More »

IMF Increased Georgia’s Economic Growth Forecast

The International Monetary Fund is expecting 4.5% economic growth in Georgia this year, which is a 0.3% increase compared to previous forecast.According to the Fund’s prediction, economic growth in Georgia will accelerate to 4.8% in 2019. In addition, the current level of inflation in Georgia will be 3.6%, and in …

Read More »

For the First Time Georgia is elected to UN Women Executive Board

For the first time, Georgia has been elected to UN Women executive board for 2019-2021, Ministry of Foreign Affairs of Georgia announced. “This membership clearly demonstrates #GoG’s efforts to protect and promote the empowerment and rights of women and girls,” The ministry declared.   The Board consists of 41 members: 10 from …

Read More »

ADB Grows Investments for Developing Georgia’s Transit and Tourism Potential

Asian Development Bank (ADB) plans to increase investments volume in Georgia and participate in developing such directions as transit and tourism potential. ADB will finance a construction of 24-kilometer road of Kvesheti-Kobi, which is a part of Mtskheta-Stepantsminda motorway. The project calls for building a 9-kilometer tunnel. It should be …

Read More »

Erlend Loe and Michel Houellebecq to Visit Georgia

Joint project of the country’s three well-known guests at the Frankfurt Book Fair – Erlend Loe and Michel Houellebecq will visit Georgia. With the initiative of the Georgian Book National Center, Georgia will host the honorary guest countries of France and Norway – 2017 and 2019. The project will be …

Read More »

Exhibition of Paintings and Photos by Ukrainian Artists Opens in Tbilisi

The Tbilisi History Museum hosts the exhibition of paintings by Odarka Dema-Pisna and photographs by Kateryna Kiper titled “Ukraine and Georgia: Value ​​in Our Traditions.” This is stated on the Facebook page of the Embassy of Ukraine in Georgia. “On April 12, 2018, the Tbilisi History Museum hosts the opening …

Read More »

External Trade of Georgia increased by 23.3%

According to the National Statistics Office of Georgia in January-March 2018 external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 2 823.8 million, 23.3 percent higher year-on-year. The exports equalled USD 740.3 million (28.4 percent higher), while the imports stood at USD 2 083.4 million (21.6 percent higher). …

Read More »

University of Georgia holds International Festival of Cyber Security

On 20th of April, The University of Georgia in partnership with “Internet Development Initiative” will host the International Festival of Cyber Security. Within the scope of festival following issues will be discussed: • Ecosystem of Cyber Security • Cyber law and Cybercrime, personal data security • Cyberspace, place of spreading …

Read More »

Film Scary Mother Awarded at Three Different International Festivals

Three international awards were added to the “Scary Mother” prizes of Anna Urushadze’s debut work. The film was awarded at 3 Film Festival simultaneously: Top Golden Gate Prize for the Best Full-Screen Film at the San Francisco International Film Festival; International Film Critics Award at FIPRESCI European Film Festival; Award …

Read More »