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Four-Star Hotel to Open in Kvareli

Corporation Kindzmarauli will build a 4-star hotel in Kvareli, namely in Duruji gorge, Corporation Kindzmarauli director general Nugzar Ksovreli told BM.Ge. The company has been actively developing wine tourism and the new hotel is its new project. “We are building the second hotel. We have already bought the site. We …

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Forbes: GIG to Buy KazTransGas Tbilisi

According to the Kazakh Forbes, Georgian Industrial Group (GIG) plans to buy KazTransGas Tbilisi. According to the edition, the value of the deal is 40 million USD. The decision has been taken by the board of directors of KazTransGas. According to the edition, KazTransGas launched operation in Georgia in 2005. …

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Tamar Dighmelashvili: Marketing and Public Relations is an Art for Me

Interview with Head of Marketing and Public Relations department, Tamar Dighmelashvili. Why did you decide to enter this field, and what kind of opportunities does this profession give you? I’ve always realized I must choose a profession based on what activities I enjoy. Marketing and Public Relations is an art …

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Georgia Attracted Historical Amount of Foreign Direct Investment in 2017

In 2017 the inflow of foreign direct investment to Georgia hit a historic maximum. According to Geostat, the national statistics service of Georgia, in 2017 FDI inflows constituted $1.861 billion, up 16.2% from the previous year ($259.1 million). Prior to publishing the 2017 indicators, Geostat reported that major FDI inflow …

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ChatBot for Business- TBC Bank Launches New Product to Support Businesses

For the first time in Georgia, TBC Bank offers innovative product- “ChatBot for Business” and allows companies to sell their product through Facebook Messenger. “ChatBot for Business” is a sales channel through which various company users will receive information about the desired product, company location and work hours in less …

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KULA to Open New Plant in Akhaltsikhe in Autumn

KULA cannery plans to unveil a new plant in Akhaltsikhe in autumn, the company marketing manager Gocha Archvadze told the Commersant. The new plant will make focus on production of bio products, namely, production of juices, he said. Production of bio products is a sophisticated process and it is related …

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First Georgian Bicycle to Enter Market in June

Young bicycle lovers begin the serial production of the first Georgian bicycle. The bicycle project is already ready, the prototype is designed and the innovative bikes will enter the market in the first quarter of 2018. The project will be implemented by Georgian Bicycle Group, a subsidiary of bikes.ge. The …

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AYFB: Developments around RMG Gold Give Negative Signal to Investors

Association of Young Financiers and Businessmen (AYFB) expresses confusion regarding the recent developments around RMG Gold. Namely, 13 political parties demand for abolishing auction for 16 hectare land nearby LLC RGM Gold in the village of Didi Dmanisi. According to representatives of these political parties, this is an illegal auction …

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Terminal – New Multifunctional Co-working Space in Tbilisi

Terminal is a new multifunctional space that unites co-working space, offices for small companies, conference and event halls. ”Co-working spaces have been operating in Western countries for years and are considered a very successful business. In recent years, this industry has begun to develop in Eastern European countries. Two years …

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EU Launches Market Surveillance Project in Georgia

This week, the European Union launched a new twinning project in Georgia to help the country strengthen its market surveillance system. The objective of the project is to assist the Government of Georgia to comply with EU best practice in line with the objectives contained in the EU/Georgia Association Agreement …

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