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Monthly Archives: May 2018

15-year-old Winemaker From Shulaveri Speaks Six Languages

lika bochorishvili

Lika Bochorishvili lives in Shulaveri village, in Marneuli District. She goes to tenth grade at Shota Rustaveli School. Lika is one of the school’s most successful pupils and one of the youngest winemakers and winegrowers in the region. The Bochorishvili family manages a vineyard of Rkatsiteli, Tavkveri, Cabernet, Saperavi and …

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M2 First Rugby Festival held at Lelo Arena

Company ”m2 Real Estate” held children’s rugby  festival at Lelo Arena. 8 teams comprising 11-12 year old rugby players participated in the festival. Among them were “Lelo”, “Academy”, “Armazi” “Kharebi”, “Tbilisi”, “Tsikara” and “Tigers”. The winner of the festival was “Lelo”. Company M2 started to support Georgian rugby club since …

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TBC Bank Acts as Underwriter of EBRD Eurobond Issue

TBC Bank has acted as lead manager and underwriter for European Bank for Reconstruction and Development  GEL 120 million Eurobond issue under EBRD’s Global Medium Term Note Programme. The bonds are to be listed on the London Stock Exchange. “We are delighted to have completed another successful transaction with EBRD. …

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Georgian Blockchain Startup Receives $1m Investment from Silicon Valley

The first Georgian Blockchain startup won the best-real world blockchain application award and a $1 million investment from Silicon Valley at the Frontier Innovation Awards. Frontier Innovation Awards 2018: Blockchain centre on finding the blockchain idea of the year. Presented by Calfounders, the first award ceremony was held in San …

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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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