Home / 2019 / March / 05

Daily Archives: March 5, 2019

Georgian Wine Qisi 2017 Obtains Diamond Trophy Award in Japan

Diamond Trophy, the highest award of Sakura in Japan, was handed over to Qisi 2017 wine made by Vaziani Winery (the line of Makashvili Wine Cellar). According to National Wine Agency, this wine obtained Double Wine award in the Sakura contest in February 2019. According to the contest regulations, this …

Read More »

Fitch Upgrades Georgia’s JSC Partnership Fund to ‘BB’

Fitch Ratings has upgraded Georgia-based JSC Partnership Fund’s (PF) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to ‘BB’ from ‘BB-‘. The Outlook is Stable. The agency has also affirmed PF’s Short-Term Local-Currency IDR at ‘B’. The upgrades follows the recent similar action on Georgia (see ‘Fitch Upgrades Georgia to …

Read More »

Health Minister: Clinics Must Return Erroneously Received Money

Health Minister David Sergeenko has released his comments on millions of GEL imposed by Social Service Agency on clinics. Since medical clinics have failed to fulfill their obligations, Social Service Agency has obliged medical clinics to pay more than 13 million GEL. The issue is of 159 medical facilities, including …

Read More »

Georgian Railway Participated in European Railway Awards Ceremony

Director General of Georgian Railway Davit Peradze and Head of Corporate Management Department Nino Jorbenadze participated in the European Railway Awards ceremony held in Brussels and took part in the 63rd General Assembly of the European Railway Group. The Assembly discussed the issues related to the railway sector which will …

Read More »

29 000 Foreigner Students Came to Georgia for Studying in 2015-2018

28 940 foreign students had been studying in Georgia in 2015-2018, Ministry of Education, Science and Sport of Georgia reports. The number of foreign students increases each year. In particular, 4,912 students studied in Georgia in 2015, 5,716 – in 2016, 8,602 – in 2017 and 9,710 – in 2018-2019. …

Read More »

Gas Supply from Azerbaijan to Georgia may Increase by 11% in 2019

Gas supply from Azerbaijan to Georgia may increase by 11 percent in 2019, Azerbaijan’s state oil company SOCAR told Trend. “SOCAR Georgia Gas LLC has imported around 500 million cubic meters of natural gas to Georgia from early 2019 to late February this year. The company plans to directly supply …

Read More »

Black Sea Arena Transmitted to Ministry of Education for Management

The Black Sea Arena concert hall located at the Black Sea coastline has been transmitted to Ministry of Education, Science, Culture and Sport for management. Government of Georgia has already passed the corresponding resolution. Before, the concert hall was managed by state-owned LLC Black Sea Arena Georgia. Georgian billionaire Bidzina …

Read More »