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“Rezonansi”: The Unprecedented Chaos Reigns on Georgian Oil Market

After July, oil prices, and consequently, fuel prices decreased by almost 25%, while  in Georgia petroleum products fell only by 2.5% – this means that chaos reigns on the Georgian oil market that has never occurred  before – “Rezonansi” newspaper writes. A long and steady decline in oil prices has long …

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National Investment Agency to Conduct Monitoring

According to the draft law on legislative measures to stimulate investment in Georgia, the GeorgianNational Investment Agency (GNIA) will monitor the implementation of investment commitments. We are not talking about private investment but the government projects, however, the Agency will not be entitled to penalize those who do not fulfill theirobligations. …

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Georgian Businessmen Respond to Fadi Asli – Business is Free!

Georgian business responds to  the International Chamber of Commerce President’s statement in which he said that the investment climate in Georgiastill leaves much to be desired, businesses are terrified and do not have confidence in the government. In his words,  it is not due to unfriendly legislation developed  by the …

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International Chamber of Commerce: Business does not Trust the Government

Investment climate in Georgia still leaves much to be desired – President of the International Chamber of Commerce Fadi Asli states  “Commersant”. According to him, this is not only due to the fact that the Georgian Parliament adopts legislation unfriendly to business, but also because of the difficult situation in …

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55% of Foodpanda’s Customers Are Women

Men are urged to strive for foodpanda surprises by the opposite gender Ordering online on the fast food market from www.foodpanda.ge is gaining more and more demand. The service is universally acclaimed by people of all ages and professions, from both men and women. The latest statistics show that it’s …

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Anadolu Medical Center held second conference together with Georgian doctors

Alternative views and Free Medical Second Opinion for Georgian patients from specialist of the center On Saturday, 11th of October, at 11:00, in hotel Radisson Blu Iveria Hotel, leading Turkish Medical Institution Anadolu Medical Center organized specialized Conference with Georgian doctors. At round table, doctors discussed several patients’ medical history …

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“SOCAR” Denies its Monopoly Position

The NGO  “Man, law, freedom”  accuses theoil-importing company “SOCAR” of  monopoly and asked the Competition Agency to study the issue. The non-governmental organization notes  that for years the company has carried out the exclusive import of fuel and natural gas. “SOCAR”  responds to the statement made by the non-governmental organizations. …

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Analogue to Booking.com to be Created in Georgia

In the near future, a website similar to an international tourist web portal booking.com willappear in Georgia, which will give visitors the opportunity to book accommodation before arrival in the country. This initiative belongs to  the recently established Georgian Hotel and Restaurant Federation. Experts welcome the establishment of such an …

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Georgians Face Problems when Buying Apartments in Europe

Citizens of Georgia find it difficult to obtain residence permits in the EU countries, thus, there isn’t high demand among Georgians for the purchase of  an apartment  in  Europe. According to the real estate agency “Respect Georgia,” the Georgian citizens  mostly rent flats there. Director of the agency Zurab Mchedlishvili …

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Georgians Created a New Social Network

The Georgians have created a new social network. “In2circle.com” is another form of communication on the Internet, which unlike other social networks, unites people with the common interests – hobbies, profession, tastes. As the authors say, this social network has no analogue. In a conversation with  “Commersant”,  one of the …

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Former Head of the National Tourism Agency Opens 4-star Hotel

An  interview with the former head of theNational  Tourism Agency  Maya Sidamonidze You are involved in the tourism business for several years, it became known that you aregoing to open a hotel. What amount do you plan to invest in the project?  About  USD 700 000. I have taken out …

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New Regulations may be Introduced on the Opening of Hotels and Restaurants

Tourism Department of Adjara region has initiated the introduction of new regulations, such as the issuance of licenses for the opening of hotels and restaurants. According to the Deputy Head of the Department Mamuka Berdzenishvili, there should be a special license to open a hotel or restaurant  in order thefacilities to …

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