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Georgian Railway Starts Fulfilling Georgia-EU Association Agreement

Georgian railways

Georgian Railway has started fulfilling the Georgia-EU associated membership agreement, under which the company must introduce 8 main instructions and regulations. In this respect the experience of the EU member countries is of crucial importance. To share their experience representatives of the European Railway Agency (ERA) arrived in Georgia. The …

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AccorHotels Becomes First Global Chain to Enter Iranian Market

The French group will become the first international hotel group to operate in Iran with the expected lifting of sanctions following the July nuclear breakthrough between the Islamic republic and the six leading world powers. AccorHotels will open an Ibis hotel and a Novotel branch near Tehran’s international airport. The deal …

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Russian Tech Firm Yota Moves Smartphone Production to China

Moving production of the YotaPhone 2 from Singapore to a ZTE plant in China will make Yota’s flagship handset at least 30 percent cheaper, according to the Russian firm. ZTE will also help to develop a prototype of the next generation device. The first and the second generations of YotaPhone …

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Burger King Offering Green Burgers in Saudi Arabia

The fast food chain Burger King is offering customers in Saudi Arabia green hamburgers. The burgers are the color of the country’s flag, and commemorate the 83rd anniversary of the kingdom on September 23. Celebrate the national day with our national green burger! شاركنا الاحتفال في اليوم الوطني بتجربة البرجر …

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Russia May Have its Own Virtual Currency in 2016

The Russian QIWI payment system wants to enter the $3.8 billion virtual currency market by introducing the first national crypto-currency. However, Russian authorities are concerned that the ‘bit-ruble’ could be used for money laundering and bankrolling of terrorism. The launch is scheduled for 2016, but to do that QIWI needs …

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TeliaSonera Reduces Presence in Georgia

Telia Sonera

TeliaSonera quites Georgia, who will be Geocell’s new owner is unknown.  TeliaSonera is not a long-term owner in Region Eurasia According to Telecommunications company, the decision was made to gradually cease activities in Eurasia and strengthening positions in European regions, including Sweden. TeliaSonera will increase focus on its Regions Europe …

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Tea-Packing Plant Opens in Georgia

Tea Georgia

Within the framework of the government-led Produce in Georgia program, a new tea packing plant of the Georgian Company Geoplant has been set up in Ozurgeti. The plant is fitted out with modern state-of-the-art equipment on a par with the international standards. “Restoration of tea production is one of our government’s …

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Russian Tourists Spent $315.3 m in Georgia

According to the Georgian Economy Minister Dimitri Kumsishvili, revenues of the tourism industry received from Russian tourists in Georgia amounted to more than $315.3 million in January-August period of 2015. In January-August of 2015 the number of visitors from Russia increased by 15% compared to  the same period of last …

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Casinos International Brand XO Enters Batumi

Casinos International Brand XO enters Batumi. CBW was informed by the government of Ajara Autonomous Republic that the XO Brand will build their Casino in the area of the apart-hotel “Metro City” which is currently under construction in the New Boulevard. More than 500 people will be employed in the new …

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Argus Caspian and Black Sea Transportation Corridor 2015

Georgian Railway

Government of Ajara and Georgian Railway will organize Argus Caspian and Black Sea Transportation Corridor international conference, which will be held 16-17 September 2015 in Batumi. Partners of the conference are The largest transport and logistic companies such as Georgia Transit, Petrocas Energy Group, Batumi Sea Port, Batumi Oil Terminal, Caspian …

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