Company Shelf – who’s co-founder is a young entrepreneur Lasha Antadze, has being on the market around a year, but for this short period of time, it has gained worldwide recognition and popularity in blockchain technology use-cases. Recently company announced that, they made a significant partnership with Japanese largest automotive …
Read More »Daily Archives: November 20, 2018
Gita Announces Grants Program for Co-funding Startups
Innovation and Technology Agency of Ministry of Economy and Sustainable Development has announced co-financing grant program. These grants are issued for startup companies, private small enterprises with about 2-year history. According to GITA information, technology-based projects will be financed implying a growth in production of military, nuclear technologies, spirits and …
Read More »BCSEA Helps to Improve Maritime Safety in Black and Caspian Seas
On 12-16 November, 14 Flag State inspectors from Azerbaijan, Georgia, Kazakhstan, Moldova, Turkey, Turkmenistan and Ukraine met in Lisbon for the second session of a training course organised under the EU-funded Black and Caspian Sea Regions Project (BCSEA). Following the high level of interest shown by the project’s beneficiary countries, the European …
Read More »Over 6.8% more Flights Carried out in Georgian Airspace during January-October
Ministry of Economy and Sustainable Development of Georgia “Sakaeronavigatsia” served 6.8% more aircraft in the January-October period. In the airspace of Georgia in January – October 2018, 127 271 instrumental flight was performed. This figure is 8 118 and 6.8% more than the same period of 2017. The number of …
Read More »XIX Business Rating Award Supporters are Already Known
On December 14, Georgian Media Holding “Georgian Times” will hold a traditional XIX event of business rating Awards at Tbilisi Garden Hall. The event aims at identifying and rewarding the best company and businessman of the year in Georgia. Traditionally, the International Center for Public Opinion and Business Research “Gorbi” …
Read More »Georgia’s January-October Exports to EU Market Totaled 599.7 million USD
According to Geostat, the national statistics service of Georgia, in January-October 2018 the country exported 599.7 million USD products to EU market, while imports from EU amounted to 2.1 billion USD. Georgia’s negative trade balance with EU countries made up 1.6 billion USD. The major exports were recorded with Bulgaria …
Read More »Finance Minster: Debts will be Thoroughly Covered and Bought by Cartu Foundation
“We would not be able to take this step without Cartu Foundation, which has fully understood relevance of the problem and has made this contribution to our country”, Minister of Finance Ivane Machavariani noted. Several rounds of negotiations were held with commercial banks and other financial institutions. All debts will …
Read More »Keti Pirtskhalaishvili: “PR and Marketing Never Lose Actuality”
Interview with the founder of Marketing Agency Gingers Keti Pirtskhalaishvili. Why did you decide to enter this field and what kind of opportunities does it give in terms of career growth? During my studies at ESM I tried to get different types of work experience to better understand which area …
Read More »International Monetary Fund Warning Against Monopolies in Pharmaceutical and Banking Sectors
Georgia should show caution to prevent anti-competition practices as a result of high concentration in distinct economic sectors (including banking and medical services), the report by International Monetary Fund (IMF) “Caucasus and Central Asia: Employment of Region’s Growth Potential” reads. According to the document, competition is of crucial importance in …
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