Home / 2018 / September (page 3)

Monthly Archives: September 2018

PwC Georgia Appoints Two New Directors

PwC in Georgia has strengthened its practice with the addition of two new women directors. As PwC bids to boost its expertise in the region and meets changing customer demands, as well as rewards top performer and talented women, the firm has announced an extensive roster of promotions in Assurance …

Read More »

ESCO: Electricity Export Declines by 14% in Eight Months

In August 2018, the quantity of balancing electricity, purchased (sold) through ESCO was 178 322 147.1 kWh, which represents 17% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 21 146 639.06. In August, the Weighted Average Price of balancing electricity per …

Read More »

Mamuka Khazaradze Initiated Scholarships for Successful TSU Students

6,000 GEL cash compensation, which the court imposed to TBC Bank and its founded due to Asaval-Dasavali’s fraudulent information, was awarded to 5 high school students of TSU Journalism Faculty as a scholarship. According to Mamuka Khazaradze’s decision, awarding scholarships will continue permanently and successful students of the third course …

Read More »

Harvest 2018: 95 000 Tons of Grapes Processed in Kakheti

According to the Harvest 2018 Coordination HQ, 95 thousand tons of grapes have already been processed in Kakheti region. According to the same information, the total revenue amounted to 150 million GEL. In total, 130 wine companies purchase grapes from vineyards. According to the head of the headquarters, the process …

Read More »

New Route Added from Kutaisi – Gdanski from 59,99 GEL

Regular flight starts from Kutaisi International Airport in Gdansk begins. The port city Gdansk is the fourth route in the direction of Poland from Kutaisi Airport and back. Wizz Air, a low-cost Hungarian airline, will launch flights from April 2, 2019. The new direction will be the only direct flight …

Read More »

Georgia and Fiji to Launch Visa-Free Regime

Visa-free regime between Georgia and Fiji will be launched. The agreement between the governments of the two countries has already been reached and the signature of the document is planned. For this purpose, the decree of the Government of Georgia was issued. The deadline for visa-free regime is unknown at …

Read More »

ETC to Launch Wine Exports in 2019

ETC, a Georgian winemaking brand, is conducting negotiations with countries of Central and Eastern Europe to launch exports in 2019, the company co-founder Teo Khukhuni told BM.GE. ETC winemaking company appeared on the market about a year ago and opened an outdoor wine bar in Tusheti, Zemo Omalo. Wibe Bar …

Read More »

Uniform Visual Standards of Taxis to be Launched from 2019

Within the framework of the taxi reform, Tbilisi City Hall works on the uniform visual standards of the taxi, which will come into action from October 1, 2019. Tbilisi Mayor Kakha Kaladze said about it at today’s government meeting. “Mentioned reform is very important. This is one of the directions …

Read More »

Why Fuel Prices Beat Historical Maximum

The past period has recorded quite painful developments on the fuel market as the price of a liter of petrol beat the historical maximum. Consequently, regarding the mentioned issue, I have heard a lot of comments and forecasts (another issue is how qualified these forecasts were, who someone was trying …

Read More »

Public-Private Partnership Law – New Opportunity for Energy Sector Projects

Energy sector (excluding oil & gas) is one of the strategically important sectors under newly adopted PPP legislation – which, among others, envisages the possibility of granting longterm guaranteed purchase agreement to the investor. The law on Public-Private partnership was approved by the Parliament of Georgia in May 2018. Later …

Read More »