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Business

Double-G to Construct Multi-Function Complex in Tbilisi

brose

The government has sold non-agriculture land are of 22oo square m, locating in Brose str. at 61 000 GEL to the company. “Double-G” plans to make investment of 3 million GEL in order to implement the project. Accoridng to the conditions, the investor is obligatory to build closed sport hall …

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IFC Allocates $23m to Support Affordable Green Housing in Georgia

Georgia is developing affordable green housing and replacing Soviet-era apartments as a way to improve the living standards of Georgian families. Local property development company m2 Residential LLC has received a $23 million USD loan package from the International Finance Corporation (IFC), a member of the World Bank Group, to …

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Georgia to Launch Tea Industry Supporting Program

Georgia to Launch Tea Industry Supporting Program

The Government of Georgia is launching a state program to rehabilitate the country’s tea plantations to encourage development of tea production in the country. Within the state program, 7,000 hectares of plantations will be rehabilitated step by step in Georgia. At the same time, the state will support small processing …

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Atlasglobal Launches Fantastic Winter Fares

Atlasglobal

Now, even more people will be able to enjoy Atlasglobal’s high quality travel experience. This winter 2015 – 2016, 300.000 seats are being released for sale at knock-down prices. Buy your flight ticket before 20th November, and travel up to 26th March to qualify for our special deals To  Istanbul …

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Georgia Presents its Investment Climate to Belgian Investors

MFA

Georgia has introduced its business and investment environment to members of the Belgian business society to encourage them to invest in Georgia. Today a large group of Belgian business leaders and representatives from business associations gathered at Georgia’s Embassy to Belgium. Representatives from about 30 large businesses attended the event, …

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Investment Forum ‘American Business in Georgia’ Held in Tbilisi

On November 17, 2015 at Rooms Hotel Tbilisi, The Financial in partnership with ICC Georgia and AmCham has organized an Investment Forum “American Business in Georgia”. The main goal of the forum was to discuss the investment climate in Georgia and the mechanisms of attracting foreign investment. Mr. Zviad Pochkhua- …

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Antidumping Law: Supporters and Objectors

The Government of Georgia is developing an antidumping law and the parliament is expected to adopt the bill by the end of the autumn session. The full version of the bill was not published yet, but objectors have already expressed complaints. Members of the New Political Center of Girchebi (Pinecones) …

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Georgia Named Among the Best Wine Producing Countries

Georgian Wine

On November 15-17  China’s Guangzhou is hosting the 15th International Wine and Spirits Exhibition – Interwine Guangzhou 2015. 9 Georgian wine companies are taking part: Besini, Askaneli Brothers, Bagrationi 1882, Teliani Valley, Dugladze, Kakhuri Wine Cellar, Khareba, Telavi Wine Cellar, Batono. Wine contest  Interwine Guangzhou 2015 was held in the …

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Agri-Insurance Brings Losses, 3rd Party Compulsory Insurance Promises a Success

“The loss brought by our participation in the government initiative “Agri-Insurance” was unprecedented,” Deputy Director of Georgian insurance company IC Group told Maestro TV’s Business Contact today. “We are still in the process of paying off the 23 million GEL loss brought about by “Agri-Insurance,” while our revenues constituted only …

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