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Daily Archives: May 28, 2018

Cartu Bank Ends January-April Period in Losses

Cartu Bank Ends January-April Period in Losses

Cartu Bank tops the list of commercial banks with negative coefficient. As of May 1, Return on Assets (ROA) accounts for 0.33%, while Return on Equity totaled 1.63%. Cartu Bank ranks third on Georgian market in terms of capital volume. Assets 1 172 813 322 Loans  813 023 029 Deposits …

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Georgian Wines won 5 Medals at Concours Mondial de Bruxelles 2018

The 25th Concours Mondial de Bruxelles (CMB) was held from May 10 to 14, 2018 in Haidian(Beijing), China. Georgian wines have won 5 medals: 2 Gold and 3 Silver. The Georgian winners are: Gold: Winery Khareba Rkatsiteli White 2017 GWS Tamada Grand Reserve Dry White 2014 Silver: Kakhuri Gvinis Marani Rkatsiteli …

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Georgia’s Leading Hair Transplantation Center – Years of Successful Experience

Interview with Irakli Bebiashvili, CEO of hair restoration therapeutic-scientific center Hairline International. co-founder of hair Transplantology and Trichology Association of Georgia and of Hairline International. Member of the Association of Eurasian Trichologists, of the Acad. Gr. Mukhadze’s Surgeon Scientific Society, of the Georgian Endoscopic Association and American Association AHLA. Professional …

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Juice and Sweetener Producing Plant to Open in Telavi

A juice and sweetener producing plant will open in Telavi as part of Enterprise Georgia state program. The information was released by National Property Management Agency. LEPL State Property National Agency of Ministry of Economy and Sustainable Development of Georgia has transmitted 7662 square meter land plot near the turn …

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Job Creation Plays Key Role in Georgia’s Economic Growth

 Sustained economic growth in Georgia over the past two decades has helped reduce poverty and boost shared prosperity, with job creation playing a significant role. At the same time, however, job creation is not keeping pace with economic growth, says a new World Bank report, Georgia at Work: Assessing the Jobs …

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Finalist Startups of Seedstars Tbilisi 2018 Revealed

Nine finalists of Seedstars Tbilisi 2018 revealed. Falists will pitch in front of jury to win the first place. They will be given 5 minutes for Pitching and 5 minutes for Q&A. The winner will be awarded by the ticket of Regional Summit in Ukraine and World Summit in Switzerland, where …

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Azerbaijan To Produce High Quality Aviation Fuel in Ukraine

SOCAR is negotiating with Ukraine for joint production of high quality aviation fuel in Ukraine. According to AzerNews, Ukraine and Azerbaijan are negotiating a deal for producing high-quality aviation fuel together it would help Ukraine to match sharp demand of availability of aviation fuel at its airports due to increase …

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Georgian Wines will Take Part in Vinexpo Hong Kong

The 20th Vinexpo Hong Kong 2018 wine and spirits exhibition will held on May 29-31. This leading industry event for wine and spirits professionals in Asia-Pacific will be held at the Hong Kong Convention and Exhibition Centre. The following Georgian winemaking companies will participate: Askaneli Brothers Besini Winery Chateau Mukhrani …

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Georgia and Britain to Develop Exchange Educational Programs

Minister of Education of Georgia Mikheil Chkhenkeli has met with British Minister of Education, Science and Innovations Samuel Phillip Gyimah. The parties discussed cooperation enhancement and future plans, made emphasis on higher and vocational education sectors and developing exchange programs. Both Georgian and British students and professors and teachers will …

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Rector Mikheil Batiashvili from BTU on Using Tools of the Future

Mikheil Batiashvili

Silicon Valley Tbilisi is the first private high-tech center that combines a business and technology university with multi-million international employment platforms, a business incubator and accelerator, tech hubs, an IT Academy, and above all, carries out projects that enhance awareness of the country worldwide and demonstrate potential on global markets. …

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