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Business

Canning Factories Preparing to Buy up Fruits

Canning factories are beginning to buy up  fruits. German  baby food manufacturer Hipp has not started buying fruits yet. The company’s deputy head notes that  the harvest is not good, the apples are few, and whether the company will buy up products will be known in  two  weeks. In the …

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Shaloshvili Cellar Wine Entered the European Market

Shaloshvili Cellar Ltd.  company  sponsored within the concessional loan program  has entered the European market. According to the company’s Director  Alexi Shaloshvili, recently their  product has been sent to Germany. Two thousand bottles of Georgian wine will  be sold in the German market in the near future. He says the …

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Outdoor Advertising Leader Losing Main Customers

Problems faced by outdoor advertising business in Tbilisi  are further aggravated. CBW covered  this topic a few months ago. Then outdoor advertising companies complained about slimmed-down orders. Today they say that the situation is even more complicated because of the problems faced by large client companies. In particular, this assessment was …

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Revenues from Visiting Rabat Fortress Increased this Year

Revenues from visiting Rabat fortress increased by  GEL47 000 this year. CBW was informed by Ilya Sidamonidze, acting Director at Rabat fortress complex. Sidamonidze considers a summer season successful and says that they are satisfied with the number of tourists. He says  that although the number of visitors has reduced by about …

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Dongfang Electric Invests $200m in Georgia’s Tkibuli Thermal Power Plant

garibashvili

One of China’s largest enterprises has expressed its interest to invest almost $200 million USD in Georgia’s energy sector. State-owned enterprise Dongfang Electric has pledged to contribute about $180-$200 million for construction of a 150 megawatt Thermal Power Plant (TPP) in Georgia’s western Tkibuli region. Dongfang Electric is one of …

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Irakli Garibashvili: A Silk Road ‘Shortcut’ for China, Europe

China Daily

Irakli Garibashvili writes a letter in China Daily. Georgia is Europe’s natural gateway to Asia, as it is Europe’s eastern most entry point both by land and sea. With its deep ties to the European Union, including the new Association and free trade agreements, Georgia is the traditional trade hub …

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Follow These Feeds if you are in a Business World

If you are in a business world, you should follow these 21 feeds. Dave Pell | Newsletter Pell makes his living as an investor—he bet early on the company that became Twitter—but he’s making his name as a funny and incisive writer who aggregates the day’s most interesting journalism into …

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Japanese Companies Will Build Waste Recycling Plants for Georgia

waste management Georgia

Two leading Japanese environmental companies are pledging to help Georgia address its rubbish and recycling problem. Japanese firms Carbon Free Consulting and Global System Co Ltd confirmed they planned to launch new project in Georgia concerning waste management, initially in capital Tbilisi and in nearby Rustavi. In the first stage …

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Radisson Blue is Georgia’s Leading Hotel 2015

The Georgian branch of leading American hospitability chain Radisson Blu now holds the title of Georgia’s leading business hotel. The World Travel Awards recognised the success of the Radisson Blu Iveria in Georgia’s capital Tbilisi with the prestigious award, and also honoured its second hotel in the Black Sea resort …

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Chinese Company could Launch a Billion Dollar Project in Georgia

One of the largest Chinese corporations Zhuhai Da Heng Qin Company Limited may begin construction of  a new motorway in Georgia worth  more than $ 1 billion – it was said at the meeting of the company management with Prime Minister Irakli Garibashvili, who is currently in China. It is …

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Leading Chinese Companies Interested in Investing in Georgia

China

A leading Chinese company could implement a new $1 billion USD highway construction project in Georgia. Georgia’s Prime Minister Irakli Garibashvili, who is in China for a working visit, met representatives of Zhuhai Da Heng Qin Company Limited, one of the world’s largest construction and engineering companies, and discussed the …

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