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What will Happen to the Georgian Car Market in 2015?

According to Mikheil Kharati, the Head of the Car Department of Geo Auto-  Georgian representation of Nissan,  in 2015  the company’s sales will  grow by approximately 30-40%. He notes that in 2014 the company was unable to increase sales, but maintained their   stable level. Nissan updated 3 models, which enjoy …

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Developers Look to 2015 with Optimism

Developers predict that the Georgian real estate market will become more active this year. George Kapanadze,  Axis  Director-General makes the optimistic forecast in the air of radio “Commersant” just like  Archi Group Director. According to him, in 2014 this business experienced aprogress. All objects were financed and the company will …

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Dirsi assessing 2014 and planning the year ahead

Management of Dirsi Residental complex The year of 2014 can unquestionably be considered as a successful year for construction. Signs for this were seen in the construction market, several new projects were launched, while the older construction projects were actively modified and revived. 2014 turned out to be an exceptionally …

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Businessman Anzor Kokoladze Predicts Economic Crisis in Georgia in Spring

The country will face an economic crisis in the spring. Techno Boom founder Anzor  Kokoladze told “Commersant”. According to him, the country has a difficult situation from economic and political point of view which naturally will affect the business. Kokoladze notes that  the country expects a difficult spring, it will …

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What is a Real Price of Fuel in Georgia?

Why a price of fuel in Georgia does not fall adequately to changes in the international market? Why a halved price on the international market  is not reflected in the  Georgian market? Is the price of gasoline artificially increased in Georgia? Whether we are talking about a pricing policy agreed …

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Online Gambling to be Banned in Georgia

The relevant bill has already been developed by the Ministry of Internal Affairs and will be considered by Parliament in the spring. According to the newspaper Prime Time, an initiative of the Ministry is likely to be supported by a parliamentary majority. “According to various estimates, 70% of underage play …

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State Tenders Lost Attractiveness for Major Auto Importers

Large auto importers are talking about a decline of  business in terms of the  state tenders. According to the CEOs of   the country’s two largest auto importers Tegeta Motors and Toyota Center Caucasus, the government reduced the costs of the  tenders on purchase of services for maintenance of vehicles,however, small …

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Businessman Mashkevich Formed a Special Working Group in Georgia

Israeli-based  businessman Alexander Mashkevich established a  working group in Georgia which is working on the plan of his investment in the country. The businessman is interested in the health care  sector,  projects are being developed in this direction. The amount of investment which Alexander Mashkevich will made  in Georgia will …

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Georgian Prime Minister Predicts a Further Reduction in Fuel Prices

Georgian Prime Minister at a press conference said that it’s necessarily to deal with the prices of petroleum products in the country. “We need to find out whether a monopoly or cartel transactions exist in the Georgian fuel market. This is true, especially in the backdrop of the constant decline …

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Gogi Topadze not yet Started Construction of Enterprise Complex

Businessman and MP Gogi Topadze  has not yet started building an enterprise complex. Topadze states “Commersant” that the issue was  not solved as talks about  the construction of oil, soap and milk processing enterprises in Kakheti and Kartli were held with the former Minister Shalva Pipia. So far, he has …

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