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Daily Archives: February 11, 2019

Georgia Rejects 100 million EUR Assistance Program by EIB

Georgia has refused the 100 million EUR agribusiness project approved by European Investment Bank (EIB). At the meeting of the parliament’s committee for agrarian issues, legislators discussed the Georgia-EIB agreement on funding Georgian agribusiness sector – production, processing, sales chain. The issue was submitted to the Parliament by Deputy Finance …

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Tech Park to Open in Adjara

“Government of Autonomous Republic of Adjara pays special attention to youth, students, innovations and technologies. Therefore, in the near future TechnoPark will open in Adjara to provide new opportunities for young people”, Tornike Rizhvadze, head of Adjara Government told Business Morning. „The Government will care that Tech Park be maximally …

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APM Terminals: Pace Group Has to Follow Poti Seaport Regulations

“The so-called project 201 has to follow the restrictions exercised by the Poti Seaport, because the seaport has only one entrance channel of 10.5 meter depth and these parameters absolutely satisfy the current regulations. There are not plans for deepening the seaport further”, Klaus Holm Laursen, director general of Poti …

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Fighting the Future

Protest rallies broke out in a new region – the Pankisi Gorge. Local residents are protesting against the construction of major hydro power plants. The same rallies take place from time to time in the Svaneti, Racha and Adjara regions too. The arguments are almost the same. We hear these …

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Tbilisi Opera to Host Giuseppe Verdi’s Don Carlo after 15-Year Break

After 15-year break Tbilisi Opera and Ballet State Theatre stage will once again host a great Italian composer, Giuseppe Verdi`s four-act opera „Don Carlo“. “The marble tombstone of Carlos V is made the main protagonist in the production. The marble, within the walls of which events are taking place, is …

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How to Take Pictures Easily with Better Quality

Almost everyone has a smartphone these days, but not everyone  really understand their phone’s capabilities.  Companies, on their side, trying to produce models with advanced features, adding new models to the smartphone market each year, that boast new processors, increased operating memory, sophisticated cameras and more.  Artificial Intelligence (AI) has …

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Georgian Banks Ranked by 2018 Earnings

Georgian commercial banks have published 2018 financial reports. The leader of banking sector is TBC bank which had accumulated a net profit of 361 million GEL in 2018. Bank of Georgia in on the second place, with a profit of 342 million GEL. Liberty Bank took the third place with a net profit …

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Atmospheric Air Monitoring Station Placed in Rustavi

According to the National Environmental Agency, monitoring of air pollution in Rustavi will be carried out using the latest technologically equipped modern machine. In atmospheric air, the amount of carbon dioxide (CO), nitrogen oxides (NOx, NO, NO2), sulfur dioxide (SO2), ground ozone (O3) and different fractions of dust will be …

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Patrick Franzen: Blauenstein Georgia to Open New Store in Tbilisi

Georgia-Swiss company Blauenstein Georgia plans to open a new store in Tbilisi, plenipotentiary ambassador of Switzerland in Georgia Patrick Franzen noted. This company was a pioneer on Georgia market, which achieved much success in agribusiness field, Patrick Franzen noted. “In the near future the company will unveil a new store …

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Local Action Group Members Discuss Ways to Address Environmental Challenges in Georgia

On 5-6 February, the members of the Georgian Association of Local Action Groups (GALAG) discussed environmental challenges in their municipalities at a workshop organised within the EU-funded Eastern Neighbourhood Programme for Agriculture and Rural Development (ENPARD). The participants shared modern approaches to sustainable development and discussed how to assist the …

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