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Monthly Archives: May 2018

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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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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