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Daily Archives: July 23, 2018

Wine Agency to Spend over 0.5 million GEL on Georgian Wine Popularization

Georgian National Wine Agency requests the right to carry out 560 000 GEL direct purchase operation under simplified procedures with the aim to popularize Georgian wines. According to the wine agency plan, a lot of events will be held in Georgia and 15 other countries, including tasting, competitions, conferences, exhibitions …

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Saving the Soul- Deeper Insight to First Georgian Animated Comics

Georgia is not spoiled with local animation, while Archivarius team took an initiative to create a whole new animated universe titled Saving the Soul, following three different narrators. George Badashvili, founder of ”Archivarius Studios” unveils challenges of producing digital motion comics with CBW: Tell us about Archivarius Studios’ projects and …

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First Fully Digital Bank – Space Transforms Georgia’s Banking System

Structured as an autonomous business, Space provides customers with the full range of retail banking services including loans, saving products and payment cards. The business was developed from concept to launch in just eight months with the support of software-as-a-service engine Mambu. Interview with Lasha Gurgenidze, project leader at Space. …

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2000 Electric Cars are Registered in Georgia

Driving electric car is getting more and more popular in Georgia, figures show that there are 2000 registered cars at this stage in Georgia. Turkey where population exceeds 80 million has the same amount of registered electric vehicles. According to the representative of m2 Davit Gorgiladze, around 52 battery chargers …

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Impact of Russian Foreign Policy on the Conflict of South China Sea

Megi Qavtaradze

Conflict in South China Sea is an example as to how confrontation that commenced at the regional level became a global problem and the “hot point” for global problem and confrontation for big and powerful states. In 2014-2015, conflict between China and Vietnam made apparent the significance of the region, …

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Colliers International Georgia- Office Market Becomes Tenant Friendly

According to the 2017 Office Market Research published by Real Estate Consulting Company Colliers International Georgia, the increase in the providing of A-class offices on the market has significantly reduced the lease. Significant influence on the change in statistics was the introduction of 12,500 square meters King David Business Center. …

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SOCAR: We have bought 40 million GEL Gas Pipelines in Georgia

State-owned gas pipelines have been handed over to SOCAR Georgia Gas by a direct sales. Under the Government decision, SOCAR Georgia Gas must pay 21.3 million GEL for the gas pipelines, including 8.5 million GEL must be paid within 36 months and the remaining part must be paid in 48 …

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State Budget Collects 397406.2 thousand GEL from Profits Tax in January-June

In January-June 2018 the Georgian state budget collected 5 646 659.2 thousand GEL, including state budget revenues constituted 5 019 831.5 thousand GEL, incomes from reduction in non-financial assets totaled 63 530.1 thousand GEL, incomes from reduction in financial assets constituted 37 261.6 thousand GEL, while incomes from increased liabilities …

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Import Price Index Remains Unchanged

The Import Price Index (MPI) remained unchanged over the previous month, while compared to June 2017 the Index increased by 10.3 percent. Compared to June 2017 prices increased by 11.2 percent for manufactured products and by 3.6 percent for mining and quarrying. In terms of electrical energy, gas, steam and …

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Georgia-Luxembourg-Lithuania Co-Production INGA Awarded Grant

Georgian awarded directors’ Davit Abramishvili and Giorgi Gogichaishvili feature project Inga was awarded a production grant by the Lithuanian Film Center. The directors’ earlier collaboration, the apocalyptic short 8 Minutes travelled well around the festivals (Gold Medal at Manhattan Shorts, Best Short Film at Innsbruck Film Festival, Best Sci-Fi at …

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National Gallery Offers Virtual Integration Application

Dimitri Shevardnadze National Gallery offers visitors the virtual integration application by ”Areali”. The application includes text and audio information of up to 50 works of Niko Pirosmanashvili, David Kakabadze and Lado Gudiashvili, exhibited at the National Gallery. Applications can be used by any visitor using the tablets in the National …

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Wine Enthusiast Recommends Teliani Valley Wine Highly

“Teliani Valley” has achieved a new success. The influential American magazine, Wine Enthusiast, awarded the company “Kindzmarauli” 91 points and made the highest recommendation. The winners of the competition are relieved by wines from world wine experts with blind tasting – 91 points means the highest recommendation and the status …

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