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Daily Archives: October 15, 2018

We should Better Use Potential of Georgian Embassies for Attracting Investments

Georgia should employ the potential of its embassies abroad to draw more investments to the country, Nona Mamulashvili, president of Georgia-Swiss Business Association, told BM.Ge when appraising the institute of commercial attaches. The president of Georgia-Swiss Business Association thinks that the potential of Georgian embassies should be used more effectively …

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HUAWEI’s Innovative Smartphones – Shoot the Best Moments

The World in Vivid Colours – this is a key inspiring idea of cellular phones manufacturing companies. AI technologies have brought entirely new standards in mobile photography. In this respect, smartphone manufacturing companies care more for the customer’s comfort and try to embody absolutely innovative features into their devices. In …

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Regional Innovations Center to be Build in Kaspi

Regional Innovations Center will be build in Kaspi. According to the tender announced by the Municipal Development Fund, the estimated cost of procurement is 2 156 093 GEL. The project is funded by the European Investment Bank (EIB).  

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Rehabilitation of Romanov Palace and Likani Historical Complex begins

Rehabilitation of Romanov Palace and Likani Historical Complex begins – “Partnership Fund” presented the project at the territory of the Likani complex on Friday. The purpose of the complex rehabilitation is to create a large-scale tourist location on the territory of the Likani complex. “For the first time, the Palace …

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MMP International Forum to be held in Tbilisi to Promote Business Tourism

The National Tourism Administration is trying to develop business tourism in Georgia. For this purpose, the International Forum for MMP – Hotel Hotels & Preference will be held on October 19 in Tbilisi. Head of National Tourism Administration Giorgi Chogovadze will open the forum. MMP Forum (MEETING MICE PROFESSIONALS) is …

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Exports Grow, Imports Decline in September

Economy Ministry Predicts Export Growth

In September exports increased and imports declined. Consequently, negative trade balance has been improved. According to official statistics, in September exports made up 301.7 million USD, imports constituted 711.4 million USD. The negative trade balance made up 409.7 million USD, up 82.6 million USD. As to the January-September indicators, Georgia’s …

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Gurjaani Wine Festival Featured Products of 80 Wine Cellars and Companies

Gurjaani Wine Festival was held in the frames of Georgian wine days “Gvinobistve 2018”, featuring 80 wines, family and small wine cellar product, chacha and other drinks. The festival was attended by the Minister of Environment Protection and Agriculture of Georgia Levan Davitashvili and local government representatives. According to the …

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Financial Institutions Receive 4 610.9 million GEL Incomes

A total of 2379 financial entities were operating in 2017 and their declared incomes made up 4610.9 million GEL. According to Geostat, national statistics service of Georgia, the bulk of these incomes (74%) comprises interest and related yields, 10.4% comprises commission fees and the remaining 15.6% came from other incomes. …

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International Day of Rural Women

The United Nations’ (UN) International Day of Rural Women celebrates and honors the role of rural women on October 15 each year. It recognizes rural women’s importance in enhancing agricultural and rural development worldwide. International Day of Rural Women will be celebrated in Telavi, alongside with the first regional presentation …

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