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Daily Archives: July 26, 2018

Georgia Among Booking.com’s Best Wine Destinations

Booking.com writes about 6 wonderful and lesser-known “wine direction”, one of which is Georgia. “The vineyards in Georgia are from the Neolithic period and are characterized by the unique production method, this method is still actively used and the grapes are kept in Qvevri,” the article reads. The article also …

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Government To Suspend State Subsidization of vintage in Kakheti

This year Government will suspend state subsidization of vintage in Kakheti Region. Georgian Agriculture Minister Levan Davitashvili said that the government will show new mechanisms for the 2017 vintage because of current situation in winemaking field. Government started subsidizing grapes in 2013.    

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AFBA Addresses Business ombudsman-Amendments Needs to be Done to Law on Tobacco

“The Association of Young Financiers and Businessmen” – AFBA welcomes the discussion of the Parliamentary Committee on Health and Social Affairs, which is considering amendments to the “Law on Tobacco”. More specifically, according to the amendments, smoking will be allowed in open areas, clinics, medical facilities and specialty areas in …

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EBRD to Develop Waste Management Strategy for Tbilisi

The European Bank for Reconstruction and Development (EBRD) will develop waste management strategy for the first time in Tbilisi. According to the City Hall, the document will be created on the basis of the Association Agreement liabilities. “The developed world has realized that waste can be processed and used for …

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Estonia is Making Public Transport Free

From July 1, every county in Estonia can implement free public transport for its residents, 24 hours a day, seven days a week. While counties can opt out of the system, doing so would mean missing out onadditional funding from the national budget allocated for county public transport. To date, not …

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Meeting With the Representatives of Wine Sector Held

The minister of Environment Protection and Agriculture of Georgia Levan Davitashvili discussed the organizational issues of vintage 2018 and the ongoing wine sector ownership reform at the meeting with the representatives of wine industry. According to the minister, the last year’s approach, when the state was no longer involved in …

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TBC Expands on Azerbaijan Market Buying Local Bank’s Share

JSC TBC Bank, a subsidiary of TBC Bank, has signed a contract with Nikoil Bank, aiming to expand its bank business in Azerbaijan. In particular, according to the agreement, the Azerbaijani subsidiary of the bank TBC Kredit becomes the owner of Nikoil Bank’s share. It takes bank regulator’s consent to …

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