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Deal between Silknet and Geocell Hits 153 million USD

Deal between Silknet and Geocell amounted to 153 million USD, reporters were said at today’s news conference, which was held by Giorgi Ramishvili, founder of Silk Road Group and Silknet supervisory board chairman, Lekso Topuria, member of supervisory boards of Silk Road Group and Silknet, Badri Japaridze, founder of TBC …

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SOCAR: Our Country should Make Focus on Small, but Top Quality Production

Major importers assert that Georgia should follow the experience of Switzerland. Levan Giorgadze, SOCAR Georgia Petroleum director general, says: “Our country should not produce a lot and low-quality products. Our country should make focus on small and top quality production, premium segment. Swiss chocolate, watches are expensive, but in-demand products. …

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Are Distribution Companies Protected by Law?!

For many years distribution companies cannot resolve problems with collecting money from retailers. A part of them says that retail networks owe money to them. A special bill may be developed for bad-payer retailers, which do not pay due amounts to distribution companies. Iva Chkonia, founder of Association of Distributors, …

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Silknet to Purchase Geocell

Silknet is planning to purchase Geocell. As a result of the largest agreement in the history of Georgia, a full spectrum telecommunications company is being established, which connects Silknet Internet, cable television and fixed telephone service with Geocell mobile services. The integration of telecommunication market leader companies provides a wider …

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Business Ombudsman’s Office to Participate in Operation of State Procurement Disputes Discussion Board

Georgian Business Ombudsman’s office will also engage in discussions of disputes arisen during electronic tenders and competitions. Corresponding changes were made to the Law on State Procurement, which has been already published in Legislative Herald. Amendments regulate procedures of staffing Disputes Discussion Board of State Procurement. A representative of the …

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AYFB to Examine Highway Construction Works for Legal Compliance

AYFB to Examine Highway Construction Works for Legal Compliance

Association of Young Financiers and Businessmen (AYFB) plans to conduct a public monitoring of major infrastructural tenders and quality of their implementation. Over the past years, a major part of the state budget is spent on infrastructural projects and the current year is a special one in this respect. Regrets …

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TechPark Hosts Blockchain Weekend

On January 27-28, at 11:30 pm, Technocark (Innovations # 7, Okrokana) will host Blockchain Weekend, the event is about blockhain technology, its history, development stages and future plans. Topics will be discussed for the people of different professions close to this field: people working in financial institutions, state officials, traders, …

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Informative Meeting on Protection of Intellectual Property at GITA

Informative meeting on intellectual property protection will be held at Technopark (GITA) on January 30th, 15:00. The event is being implemented within the joint project of the Innovations and Technologies Agency and the National Intellectual Property Center of Georgia. The meeting aims to provide inventors with information on the following …

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Irakli Lekvinadze Appointed As Georgia’s Business Ombudsman

Irakli Lekvinadze, the former vice mayor of Tbilisi, has been appointed as Business Ombudsman, Prime Minster Giorgi Kvirikashvili noted at today’s government meeting. “Irakli Lekvinadze was vice mayor of Tbilisi. He is an economist by profession, doctor in business administration. In various periods he was a consultant for seveeral international …

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Special statement of JSC Nenskra Hydro

Special statement of JSC Nenskra Hydro

JSC Nenskra Hydro, the company, which is implementing the Nenskra hydropower plant project, issues a special statement in relation to the TV feature broadcasted by the Rustavi2 broadcasting company. We would like to clarify that the aforesaid story contained several inaccuracies, which can mislead public opinion regarding to the current …

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