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Partnership Fund Takes over 100% Stake in Borjomi-Likani International

Partnership Fund of Georgia has taken over a 100% stake in Borjomi-Likani International. Partnership Fund and LLC Kazmunaigas-Service signed official document on commercial agreement at Borjomi Likani hotel. According to the official document, Partnership Fund was handed over 100% stake of LLC KMG-Service Georgia founded by Kazakh company KazmunaiGas – …

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Eighteen New Hotels Open in Georgia From January

Since January 2018 eighteen new hotels launched operation in Georgia, including 7 branded hotels. According to National Tourism Administration, as a result, the country has acquired 1624 beds and 812 suites in addition. The major one Stamba hotel comprises 205 suites and 400 beds, Ramada Encore Tbilisi comprises 152 suites …

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Regus to Open New Office in Georgia at Business Center BCV

Regus, the world’s office service provider, successfully assesses the first year of operation  and opens a new business center. After Tabidze 1, the Regus business center will be located on Vazha Pshavela, at BCV. Regional Manager of the company, Rusudan Chakvetadze, speaks about Regus local market development at Property Georgia. …

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Nikora Trade to Issue 30 million GEL Bonds

Nikora Trade to Issue 30 million GEL Bonds

Nikora Trade will issue bonds of 30 million GEL. The information was unveiled at the presentation of TBC Bank’s capital research work – Bond Market in Georgia. TBC Capital will ensure issuance of bonds. Nikora Trade director Irakli Bokolishvili told BM.GE that bonds will be issued no later than early …

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Le Méridien Opens Hotel in Batumi in 2019

Various commercial spaces are sold in Batumi Tower. Redco company representatives told BM.Ge that top-class residential apartments will be also included in the complex. Since the high-rise building could not satisfy due security norms, the adjacent building will assume functions of Le Méridien top-standard hotel, while staff residential sector will …

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