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Daily Archives: June 6, 2018

Losses of Tbilisi City Hall from Tub Train Drivers’ Strike

As a result of two-day strike of tube train drivers, Tbilisi City Hall losses made up 44 000 GEL, Vice Mayor of Tbilisi Irakli Khmaladze said. The mentioned figure does not include losses of free passage at municipal transport for two days. Total losses may hit 100 000 GEL, Khmaladze …

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Eurotex to Open New Clothing Factory in 2018

Eurotex company plans to open a new clothing factory by the end of 2018 in Rustavi. The company also plans to introduce new brand MOVI in autumn 2018. At this stage, the company employs 500 persons, who make 4 000 models a day for exports to Europe. Italy is the …

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Capital Letter of Mkhedruli Alphabet Added to Unicode 11.0.0

Unicode 11.0.0 was officially published, which, along with a lot of updates, comprises capital letters of modern Georgian alphabet. According to new standards, 7 new alphabets were added to Unicode, as well as 66 emojis, and uppercase Georgian letters – 46 capital letters of Georgian Mkhedruli Alphabet. This signifies that …

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Ana Dolidze: Businesses Suffer Due to Inefficiency of the Court

“Due to the inefficiency of the judiciary system, many businesses are damaged and nothing is done for it to be improved,” Ana Dolidze, the non-judge member of the Council of Justice, said in a program “Women’s Narrative”. She said that the problematic issues include delaying the disputes, the threat of …

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EFTA-Georgia: Trade Promotion Seminar on June 7, 2018

The EFTA Secretariat, in cooperation with the Georgian-Swiss Business Association (GSBA), the Embassy of Switzerland in Georgia and the Ministry of Economy and Sustainable Development of Georgia, will hold an “EFTA-Georgia: Trade Promotion Seminar”, to take place on Thursday, 7 June 2018, at Rooms Hotel Tbilisi. The seminar will bring …

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Bank Credo Annuls Dream Card

Credo has annulled Dream Card. Those, who own pupils card, are able to move their balance from Dream Card to Pupils Card, while only debit function is maintained to all other cards. Dream Card, or installment payment card, was applicable for buying equipment or other things, fertilizers and other agriculture …

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Property Travel: A New Undertaking by Property Georgia and Duda Travel

The real estate hub Property Georgia and travel agency Duda Travel have established Property Travel – a new platform for investors and tourist groups. The joint service package includes in-demand products such as: Organising transfers for business delegations and tourist groups between arrival/departure points and premium hotels/apartments; Organising informative tours about real estate; Organising informative tours …

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Government Strips 13 Companies of Property for Failed Obligations

Enterprise Georgia

Government has stripped 13 companies of property because of failed obligations that companies had assumed as part of Enterprise Georgia state program. These companies are as follows: 1. LLC Khevi 2. LLC Tsalka Dairy Products 3. LLC X Style 4. LLC Healthy Water+ 5. LLC Tsalka Agro 6. LLC Imedi …

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Visitors to Enjoy Renewed Infrastructure of Batumi Boulevard This Year

Batumi boulvard

This year, Batumi Boulevard will meet summer season with renewed infrastructure. According to the 2018 Program Budget, 6 949 297 GEL is provided for the development and maintance of the Batumi Boulevard Infrastructure. As Bm.ge was told by Public Relations Department of “Batumi Boulevard”, Japanese garden has already arranged, children’s …

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IATA Predicts World Aviation’s Profit Decrease in 2018

International Air Transport Organization (IATA) has reduced global profits for 2018, from $ 38.4 billion from $ 33.8 billion. According to the current forecast, revenues will reach 834 billion dollars, which is higher than 10.7% in 2017. As it turns out, IATA decided to review the net profit on the …

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Tav Georgia Shares Announcement to Georgian Airways Accusation

Georgian Airways continues to mislead the public and disseminate the wrong information. The last statement released by the airline says that TAV Georgia hinders the Georgian Airways to reduce prices, which does not correspond to the existing reality. According to the ICAO’s Economic Development Report (2017), only 25% of airport …

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State Budget to Spend 4 million GEL on 4-day Festival

Total budget of ANAKLIA ECHOWAVES 4-day festival exceeds 6 million GEL. As reported, ANAKLIA ECHOWAVES project will be held as part of Check in Georgia 2018 and it is, in practice, alternative format to GEMFEST, which was founded by Giorgi Sigua. As reported, this year state budget will not subsidize …

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