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Poti Airport Bankruptcy Proceedings Finished

Bankruptcy proceedings against JSC Poti Airport has been finished. Decision about cancellation of registration of JSC Poti Airport in Entrepreneurship Registry should be forwarded to National Agency for Public Registry (NAPR). Seven transport varieties and seven real estates were registered for JSC Poti Airport. National Enforcement Bureau (NBE) has appraised …

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Small neighborhood on Tsereteli to Replace Coca-Cola’s Factory

It’s been several days that international company Cushman & Wakefield Georgia has completed the development of Coca-Cola’s existing factory.  The need for the development has come up after that was decided to move the factory to Natakhtari. Businessman Temur Chkonia says at GBC that selling territories was also discussed, but …

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Georgian Branded Pinecone Jam Appeares in Goodwill Network

Pinecome jam has appeared in the network of Goodwill hypermarkets. The product is made by micro entrepreneur Eiza Gogoladze. The businesswoman started product sales as part of Produce in Georgia program. Eliza Gogoladze produces jam in the village of Timotesubani, Borjomi District. She obtained 5 000 GEL co-financing component as part of …

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Tbilisi Hosts Georgia-Ukraine Business Forum

The aim of the Georgia-Ukraine Business Forum is to strengthen trade-economic relations between Georgia and Ukraine and develop business cooperation between business circles. According to Georgian Chamber of Commerce and Industry, the event will be opened by Prime Minister Giorgi Kvirikashvili, Ukraine President Petro Poroshenko, President of Georgian Chamber of …

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Russia Ranks First in Terms of Money Transfers to Georgia

Russia Ranks First in Terms of Money Transfers to Georgia

The month of June recorded an upturn in money transfers to Georgia. Total money transfers constituted 117.7 million USD (+2% m.m; +27%Y.Y), including 33.5% was remitted from Russian Federation. Ratio of top 5 major donor countries with more than 10 million USD transfers exceeded 70%. Million USD Russia 39.443 USA …

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Complex of Hotels to Open on Aghmashenebeli Avenue

Complex of hotels will be arranged on Aghmashenebeli Avenue N178 in Tbilisi. Tbilisi City Hall architectural office has issued a due license Commersant reported. Culture heritage monument, the former building of Institute, is located at Aghmashenebeli Avenue N 178. Under the plan, the monument will be rehabilitated and a new …

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More Than 4300 People Are Renting Houses in Georgia on AirBnb

Activity of Airbnb is Grown on Tbilisi Market

Activity of famous leasing and rental online marketplace Airbnb has grown on Tbilisi market. Over the last two years, the number of Airbnb listings in Tbilisi has more than tripled from 2,100 properties in 2015 to 7,000 this year. Almost 4,300 active hosts are now offering a wide array of …

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Akhali Tevzi Plans to Export Caviar and Fish Products

Akhali Tevzi Plans to Export Caviar and Fish Products

The fish processing company “Akhali Tevzi”, equipped with modern standards in Kareli, was opened. The company will bring products on the market under the brand “Umali”. LLC Akhali Tevzi produces 150 t of different species of fish and caviar annually. 100% of the products are at this stage intended for …

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Vietnam Introduces with Georgia’s Tax Reforms

Vietnam Introduces with Georgia's Tax Reforms

Vietnam’s delegation is introducing with Georgia’s tax reforms. The delegation of the Ministry of Finance of the Socialist Republic of Vietnam, headed by Deputy Finance Minister, Do Hong An Tuan visits Georgia for that purpose. First Deputy Minister of Finance, Giorgi Tabuashvili, Head of the Revenue Service and Lasha Khutsishvili, …

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