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Daily Archives: June 22, 2018

Philip Morris Defends IQOS Safety vs Regular Cigarettes

Philip Morris Defends IQOS Safety vs Regular Cigarettes

Philip Morris Korea Inc., which could face punitive action if found guilty of false or exaggerated advertising, strongly refuted the latest finding by the South Korean government that underscored health risks in the heat-not-burn cigarettes. The maker of the iconic heated tobacco product IQOS flagged its own clinical study in …

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In Expectation of Borjom-Kharagauli Woodland Restoration

Borjomi-Kharagauli woodland restoration works have not started yet, Nodar Kereselidze, deputy Minister of Environment Protection and Agriculture, said. This process requires preparatory works that are already underway, he added. Restoration works will start after preparatory works, however, the Deputy Minister cannot name exact date.  ‘As to forest conflagrations and restoration …

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“Unicorn Whisperer” Zach Coelius Comes to Tbilisi June 25th

After Georgians attended Startup Grind Global in Silicon Valley in February and made an impression on the global startup network interest in the country has grown. Zach Coelius was a speaker at the 7000-person Startup Grind Global event in Silicon Valley and met Georgians attending.  He became interested and “wanted …

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Pictures of Exotic Glamping Hotel in Ambrolauri

One of the most exotic hotels is located in Ambrolauri.  The photos of the hotel are impressive and it’s radically different from other accommodations located in any regions of Georgia. The hotel’s owner, in the rooms of minimalist design, has an emphasis on comfort and view. All rooms have kitchen …

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Commercial Banks’ Profits Rose by 70 million GEL in May

In May 2018 the Georgian banking sector’s profits made up 68 million GEL, up 13% month on month (60 million GEL profits in April 2018). The Georgian banking sector registers 13 profitable banks with ∑364 million as of April 1, 2018 (∑292 million as of May 1, 2018). Statistics of …

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Vaziani Winery Buys Vineyards by Bank of Georgia Credit

Vaziani Winery will implement a major project with the financial support of Bank of Georgia. The company has bought vineyards and vineyard lands of about 120 hectares between the villages of Gremi and Eniseli, in the Kindzmarauli Zone, Kakheti Region, thanks to Bank of Georgia credit. The mentioned vineyards basically …

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New Direction of Tourism- Fashion-Tours Launched in Georgia

“Georgia starts working on Fashion-tours,” Tea Agladze, editor-in-chief of “Bomondi” talked at business morning and noted that fashion is no longer an entertainment industry and plays an important role as for the country’s economic growth,it also promotes tourism development. ”Tourist companies bring people interested in fashion to our country, who …

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LonelyPlanet on Georgia’s Tourism Potential

Lonelyplanet publishes an article on Georgia and its tourism potential. The author of the article notes that the largest number of tourists visiting Georgia in July and August. The article notes that it is the best time for mountain hikers and holidays in the Black Sea. It is also mentioned …

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Stadler to Build Regional Plant in Georgia

Stadler Georgia

Swiss company Stadler, the world’s one of the leading manufacturers of trains, plans to build a regional plant in Georgia. To this end, Tbilisi City Hall, Georgian Railway and Stadler Swiss company have signed a memorandum on mutual understanding. The new plant is of crucial importance in terms of new …

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First Fruit Freezing Plant Opens in Georgia

Georgia has huge potential for production of fruits and vegetables. These products are in huge demand in the USA and Israel, Rapael Maghalashvili, founder of Glen Berries company told Business Course TV program. He has launched a fruit processing plant in Kareli, which is capable of freezing 4 000 tons …

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