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Georgia Advances to the 6th Position in Doing Business Rating

Georgia has progressed to the 6th position in the World Bank (WB) rating of Doing Business, according to the new report by the World Bank Group. Georgia has essentially improved its indicators among 190 countries and moved to the 6th position from 9th place of 2017, while the country ranked …

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Aparthotel in Gudauri – Offer by Bank of Georgia and Red-Co

Aparthotel in Gudauri – Offer by Bank of Georgia and Red-Co

Bank of Georgia and Red-Сo development company offer 9% discount scheme to clients for buying an apartment in Gudauri ski resort. The offer will run through November 15. Besides the opportunity to own a real estate in this resort, this is also a good chance for the company clients to …

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Georgia Advances to 6th Position in Doing Business Rating

Georgia has made progress in the Doing Business rating and advanced to the 6th position. In 2017 the country ranked 9th, earlier – 16th. Georgia has collected 83.28 points in the World Bank rating, as compared to 82.04 points of 2017. Moreover, Georgia’s rating point exceeds the region’s averaged point …

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Radisson Collection Hotel Opened in the Historical Land of Tsinandali

Another international-standard hotel has opened in Georgia. The new hotel complex Radisson Collection equipped with the latest modern infrastructure is about to launch operations in Tsinandali. This first branded hotel in the Kakheti Region was opened today by Georgian Prime Minister Mamuka Bakhtadze. The Head of Government thanked Silk Road …

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PM: Small Business Revenues Doubled in Q3 and Increase is Almost 100%

“Revenues generated by small businesses have doubled in Q3 and the increase is almost 100%” stated Mamuka Bakhtadze, Prime Minister of Georgia at the Press Briefing held prior to the Executive Government Meeting today. As noted by the Head of Government of Georgia, an unprecedented tax regime has been enforced …

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FARCONI to Export Healing Herbs to Foreign Markets

FARCONI company plans to expand the exports markets and enter European market, the company director Mamuka Alpaidze told BM.GE. At this stage, laurel leaves are exported to Ukraine, Kazakhstan, Kyrgyzstan, Russia and other countries of the CIS, Bulgaria. The company exports Georgian spices to the USA and Hong-Kong. The company …

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Electric Car Manufacturing Factory to be Built in Georgia

According to a statement by the Prime Minister Mamuka Bakhtradze, there are on-going negotiations to build an electric car manufacturing factory in Georgia. The prime minister stated that the car makes will be from two of the most famous brands but did not specify which ones. The statement was made …

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Radisson Red Coming to the Old Town in Tbilisi by 2020

Radisson Hospitality AB, publicly listed on Nasdaq Stockholm, Sweden and part of Radisson Hotel Group, is proud to announce the signing of the second Radisson RED in Georgia. The new Radisson RED Tbilisi Old Town, Georgia, is set to open its doors in late 2020. This upscale, select-service lifestyle brand …

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