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Monthly Archives: September 2018

FERRERO to Purchase Megrelian Hazelnut Products

“Megrelian Nuts” Ltd was created by Agricultural Production Processing and Savings Plant in Samegrelo, village Tkheli, which collects the nuts from farmers and peasants. As the founder of the company Mamuka Dvalidze told Bm.ge, nuts will be received from Samegrelo and Svaneti, while from next year they are going to …

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ADB to Expand 1.5 billion USD Investment Portfolio in Georgia

Asian Development Bank (ADB) plans to expand its investment portfolio in Georgia, Minister of Economy and Sustainable Development of Georgia Giorgi Kobulia and ADB representation director Ieshim Elhan-Kaialar noted at today’s meeting. This was a positive and useful meeting and we discussed several important issues, the Minister said. After the …

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25 Years on from The Fall of Abkhazia

Twenty-five years passed after fall of Sokhumi. Georgia commemorates the 25th anniversary of fall of Sokhumi. Due to the day, national flags are lowered at buildings of state institutions across Georgia. Military confrontation in Abkhazia began on August 14, 1992. Military activities lasted for 13 months and 13 days and ended with the …

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Google Search Celebrates 20 years Anniversary

Google was incorporated on September 4, 1998, but the company has always celebrated its birthday on September 27th for over a decade. Today, it’s marking 20 years of Google Search with a slew of interactive features: there’s a video doodle highlighting popular searches over the years, a time capsule of Easter egg Search …

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National Folklore Center Opens in Ozurgeti

A regional branch of the National Center of Folklore has been opened in Ozurgeti, covering the western region and all three municipalities of Guria. Director of the Georgian Folklore State Center Giorgi Donadze, and Minister of Culture and Sports Mikheil Batiashvili, opened the rehabilitated center in Ozurgeti before an audience …

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The New Word in Mobile Photography: HUAWEI P20 Pro

Mobile Photography is a new direction in photography that is growing in popularity. The rising demand encourages producers of technologically sophisticated smartphones to pamper consumers by upgrading and bringing out the perfect models, which includes enhanced processors, increased installed memory, sophisticated cameras, better screen resolution, and greater resources. Besides the …

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Eventer.Ge Plans to Sue Gem Fest

Eventer.ge plans to sue Gem Fest. The company representatives told BM.Ge that consultations are underway with lawyers and besides claims for compensation of financial losses, Eventer.ge may also sue Gem Fest on charges of roguery. Gem Fest was to return incomes from sold tickets last week, but the company has …

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There is No Problems with Excessive Debts on the Market

Today there is no problem with excessive debts on the Georgian market, Archil Bakuradze, head of the supervisory board of Crystal microfinance organization told BM.GE. The sector needs reasonable regulations, however, in case of maximum restrictions, new threats will arise on the market, he said. “Number of insolvent clients and …

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Capital Renovation of 6 Subway Stations is planned

Tbilisi Transport Company plans to repair capital’s 6 metro stations. These are: 300 Aragveli, Marjanishvili, Nadzaladevi, Rustaveli, Freedom Square and Isani. The Ministry allocated 770 thousand GEL to ensure that the tender winner company will prepare the project’s cost estimate documentation of these stations. According to the plan, complete rehabilitation …

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EBRD to Fund Kheledula HPP Construction

EBRD to Allocate 28 million EUR for Enguri HPP Rehabilitation

The European Bank for Reconstruction and Development will finance the construction of Kheldula HPP with $ 30 million. Investment cost of the project is 87 million dollars. The EBRD clarifies that the project will help to reduce carbon intensity in Georgia and will partially meet the growing demand for the …

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