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Importers Talk about Negative Consequences of the Abolition of Benefits

Georgian importers analyze the negative effects of the recent decision by the country’s Parliament to abolish the preferential tax treatment in terms of VAT. According to  CEO  of GD-Holding Uta Maziashvili, importers’ turnover  has reduced in recent months because of the new law. “Cancellation of benefits has not led to a …

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Excise Tax on Beer might not Grow from 1 January

It is possible that the government’s intention to increase the excise tax on beer from January 1 will be reviewed – the businessman Temur Chkonia told “Commersant” after a meeting with the Minister of Finance of Georgia. According to him, at the meeting the businessmenopposed against the planned doubling of the …

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Imperial Tobacco: Raising Tobacco Excise Tax is Inadequate

An interview with the head of the Imperial Tobacco representation  in the South Caucasus Irakli Nadareishvili What can you say about the planned increase in excise taxes on tobacco products? Government officials claim that it is  a commitment made in the framework of the Association Agreement with the EU. Is …

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Georgia Ranks 21st in Wine Exports Worldwide

The information is published by the non-governmental organization Doctrine. According to the data, the country’s wine exports experienced a severe recession in 2006-2012, when the Russian market  was closed, and despite the development of alternative markets, they still have not been able to adequately replace Russia. In particular, in  2012 …

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Temur Ugulava’s Adjarabet to Pay 150 Mln GEL Fine

“Commersant” reports that the  financial police has entered into  the online casino Adjarabet . Adjarabet owner Temur Ugulava confirmed the fact of check of the object by the financial police in a conversation with “Commersant”. “Financial police has entered,  other details can be fout out from the management ”, – he …

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KazTransGas – Tbilisi Returns under Kazakh Management

The company KazTransGas – Tbilisi, which manages gas distribution networks of the capital, has made an official statement that the company returns under Kazakh management. The final agreement on this issue was reached during the visit of Prime Minister of Georgia Irakli Garibashvili to Astana. In particular, an agreement was …

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DIRSI: THE FIRST PHASE OF CONSTRUCTION IS OVER

Dirsi welcomed journalists in the end of October to celebrate the completion of the first phase of its construction. Eleven buildings of the largest residential complex in South Caucasus have been built. The completed complex, expected by 2016, will have twenty-two buildings, tallest of which will be twenty-six stories. There …

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CITY IN CITY – FROM DIRSICHALA TO MODERN RESIDENTIAL COMPLEX

Everything started in 2012. Azerbaijani investment holding AS Group Investment appeared in Georgia and founded AS Georgia subsidiary. The latter launched constructing a residential complex of DIRSI in 2012. A major part of the society skeptically met the project. They used to assert the company would fail to meet the …

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“GAMOUVALI MDGOMAREOBA” WITH FOODPANDA

There’s no “Gamouvali Mdgomareoba” without foodpanda! The German brand started operating on the Georgian market on March 21th, 2014 and has already gained the interest of a large part of society. As a matter of fact, food ordering on their online website – www.foodpanda.ge – has become more demanded than …

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FIND OUT WHAT YOUR FAVORITE PIZZA SAYS ABOUT YOU

It’s time for lunch on www.foodpanda.ge! Traditionally, pizza reigns as king during lunchtime. It’s in demand in offices, homes, birthday events, everywhere. They say our appearance speaks for us, but our appearance is most dependent on what we eat throughout the day. And on how we eat, to be more …

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GEPRA CONTEST WINNERS REVEALED

On November the 10th GEPRA held the awards ceremony for its issued contest in the Georgian Parliament’s National Library. Members of the judges board Gia Gugushvili, Tamaz Varvaridze, Goga Chanadiri, Ekaterine Zhvania and Soso Galumashvili found the winner in Eto Zirishvili, who was presented with the grand prize by GEPRA’s …

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