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Daily Archives: May 28, 2018

Family Wine from Kvareli Exports to Berlin

Shaloshvili's Wine Cellar

Shaloshvili’s Wine Cellar company has expanded exports market in Germany and sells wines in Berlin. The company has been selling several wine varieties in Frankfurt for three years, while to Berlin wines were exports several days ago, the company founder Aleksi Shaloshvili told BM.GE. Shaloshvili’s Wine Cellar owns 16 hectare …

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Pharmaceutical Companies Interested in Tbilisi FIZ

Azerbaijani, Turkish and Ukrainian pharmaceutical companies plan to launch production in Tbilisi FIZ. As the head of Tbilisi Free Zone Giorgi Tabidze told BM.GE these companies will create certain chain of production in Tbilisi. The interest of new companies is growing, mainly the companies working in pharmaceutical and light industry.

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Unemployment Declines Slightly

Employment rising since 2009, but citizens still complain about joblessness. In 2017, the unemployment index in Georgia declined by 0.1% compared to 2016, and was 13.9% in total. According to Geostat, the national statistics service of Georgia, the country is seeing a tendency towards reduction in unemployment. The unemployment level …

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Mamuka Bakhtadze: Banking and Finance Sectors Establish New Fair Rules of Game

Mamuka Bakhtadze: The Main Focus Will be less Bureaucracy

The banking and finance sectors started establishing fair rules of the game, Finance Minister Mamuka Bakhtadze said after today’s government meeting. At the special briefing Mamuka Bakhtadze discussed a new bill submitted to the Government meeting. The legislative initiative promulgates several important principles, he said. “First, no lender will be …

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10 Key Facts to Prepare Business for GDPR

From the May of 25 General data protection regulation (GDPR) enters into force. First of all, it should be emphasized that the form of GDPR is regulation rather than directive. It means that GDPR is directly applicable and establishes uniform rules for all Member States. Adoption as a form of …

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Winners of Startup Grant Program Revealed

Georgia’s Innovation and Technology Agency presented the list of winners, and the scores assigned to their projects. On May 25, the best startups were awarded grants that will help them succeed and go global. Eighteen Innovative Startups received up to 100,000 GEL in funding. GITA started the program in February. …

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