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Daily Archives: July 17, 2018

The Fifth Open Government Partnership Global Summit Kicks off in Georgia

A day ahead of the Global Open Government Partnership (OGP) Summit in Georgia, the Parliament of Georgia hosted a high level international discussion on legislative openness. Bringing together over 200 participants from 12 parliaments and 24 countries, the Open Parliament Day focused on the reforms needed to achieve legislative openness …

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Vocational Education Employment Rate is 56%

The Ministry of Education and Sciences published a survey of vocational collage educational program graduates, on which survey the Ministry has been working for over a year. According to the survey, the rate of employment of professional educational program graduates is 56.2%. This rate was calculated on the basis of …

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Lisi Development Granted International Credit Rating by Scope

Lisi Development became the first developer company in Georgia, holding an international credit rating. B+ corporate credit rating was awarded by international rating company Scope Ratings GmbH.  “TBC Capital”, a subsidiary of TBC Bank’s licensed brokerage firm, has carried out consultation service of finding rating . Scope Ratings GmbH named …

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Innovation and Technology Agency and COTEC Sign Agreement on Understanding

Innovation and Technology Agency of Ministry of Economy of Georgia and COTEC, association of technological innovations of Italy, have signed a memorandum on understanding. The agreement calls for sharing experience in terms of innovations, technical-research direction and implementing joint initiatives and projects. Objective of the cooperation is to support technological …

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Recent Report of Electricity Prices in Georgia and Turkey

Wholesale market price in Georgia increased by 39.2% y/y to USc 5.4/kWh, from USc 3.9 (-17.2% y/y) in May 2017. The reason behind this dramatic increase was the high share of electricity imports with average price of USc 5.8/kWh into the energy traded through ESCO. In total, only 7.0% of total electricity supplied …

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Georgian Airways Surpasses Turkish Airlines

Georgian and Turkish national airlines are leaders on Georgian aviation market in terms of passenger turnover. According to January-June indicators, Georgian Airways and Turkish Airlines hold 12%-12% ratios on the market. According to Civil Aviation Agency, in January-June Georgian Airways handled 247 485 passengers, while Turkish Airlines transported 246 021 …

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PR is the Mixture of Different Knowledges

Interview with the regional director of Action Global Communications Maia Chitaia. Why did you decide to enter this field, and what kind of opportunities does this profession give you? As a practitioner journalist, the idealistic growth of my profession is the Public Relations and marketing communications. Although it not envisioned, …

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Cirkopolis: Cirque Éloize Comes To Tbilisi

With Cirkopolis, Cirque Éloize takes their breathtaking blend of circus arts, theater, and dance to a highly-stylized metropolis setting, where twelve acrobats and multidisciplinary artists rebel against monotony, reinvent themselves and challenge the limits of the factory-city as only they can. Cirque Éloize will perform at Tbilisi International theater festival …

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EBRD Supports Modernisation of Private Bus Operator in Azerbaijan

The EBRD is improving public transport in the capital of Azerbaijan by supporting the acquisition of 35 new buses with a loan of the €6 million in Azeri manat equivalent for Baku, the country’s major political, administrative, financial and cultural centre with a population of around 3 million. The loan …

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Drink Beer and Don’t Think About the Diseases

Drink Beer and Don't Think About the Diseases

Beer is used for preventing diseases of the heart and circulatory system, including coronary heart disease, “hardening of the arteries” (atherosclerosis), heart failure, heart attack, and stroke. It is also used to reduce the chance of death from heart attack and from another heart condition called ischemic left ventricular (LV) …

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Memorandum of Cooperation Signed between Geostat and Business Ombudsman

A Memorandum of Cooperation was signed between National Statistics Office of Georgia and Business Ombudsman of Georgia. The bilateral document was signed by Mr. Gogita Todradze, Executive Director of Geostat and Mr. Irakli Lekvinadze, Business Ombudsman of Georgia and agreed on future cooperation. According to Mr. Gogita Todradze, Executive Director …

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