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Hansa Flex Georgia: Instability Scares Businessmen

The German manufacturer of hydraulic systems Hansa Flex has been working  in Georgia since 2011 and serves both  a small and large business. A company manager Mariam Mazanishvili speaks about  the companies’ plans and the general situation in the country in terms of business climate: “We get from Germany finished materials and produce tubes …

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Number of Tourists in Martvili has Tripled

Compared to the 2013 summer season, the number of tourists visiting Martvili (Samegrelo province of Western Georgia) has tripled this year.  According to the locals, last year and the year before, Jews, Poles and Americans were especially active, and this year the number of visitors has increased dramatically. One-day tours in Martvili are offered to customerson “Martvili Tours” page on “Facebook”. The tour …

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German Company to Participate in Agro-credit Program

German Company to Participate in Agro-credit Program

German company CAPAROL will participate in the preferential agro-credit program. According to the company’s Director David Shengelia, the program envisages the allocation of loans for construction materials.  Shengelia says that due to high interest rates in the country’s banking system, the company has not taken any loan in Georgia. He notes when the company needs funds, it  always gets …

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Kazantip to Kick off on August 20

On 20-30 August the electronic dance music festival “Kazantip” will be held in Anaklia. The project manager Nikita Marshunok met with Georgian journalists and told them the details of the upcoming project. Infrastructure works have  already started in Anaklia, installation of the stage and construction of the tent city will be ready by …

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Tourists from Ukraine and Russia Prevail in Branded Hotels of Adjara

Representatives branded hotels located on the Black Sea coast of Georgia interviewed by “Commersant” say that the citizens of Russia and Ukraine prevail among the guests. In particular, according to the CEO of “Georgia Palace Hotel” Lela Tsulukidze, among the hotel guests are mostly  citizens of these countries. “The greatest demand …

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Wissol could Transfer Lomsia Hotel to Foreign Brand

Wissol continues to sell non-core assets. The company’s managing director Vasil Khorava confirmed commersant.ge that the sale of “Lomsia” hotel in Akhaltsikhe is on the agenda and in a case of a favorable offer, “Wissol” will alienate it. Khorava touches on the issue of  alienation of the FC “Torpedo” and says the project is in progress. As for the construction of a hotel …

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What Privileges does a Chinese Hualing Enjoy in Georgia?

The Chinese Corporation Hualing responds to accusations of Georgian Association of Developers over the fact that the company had granted unjustified benefits. According to President of the Association of Developers of Georgia Irakli Rostomashvili, we are talking about repeated cases of almost gratuitous transfer of  land to some development companies, in particular the Chinese Hualing. “It creates great difficulties for the majority of companies …

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The world’s oldest recipe is for none other than….beer!

Being one of the oldest crafted beverages in the world, beer has been enjoyed by billions throughout history and remains a favorite today. While the varieties have exponentially grown, the foundation is still there….and it’s awesome! Here are a few things to expand your knowledge for some random bar trivia. …

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Nabeghlavi – Blessing of Georgian Nature

Any company that moves from the local market to the international scene represents a face of its country, culture and traditions. This is especially true for brands from such a small country as Georgia. Products of Healthy Water (“Tskali Margebeli”) are already being exported to 27 countries. Nabeghlavi and Bakhmaro …

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Foodpanda in Georgia and foodpanda worldwide

Foodpanda, an online food ordering service which is prominent in over 40 countries, has of this year entered Georgia. The German brand has begun operating in Georgia under “foodpanda Georgia”, and despite a short amount of time, it has managed to win the interest of a large part of society. …

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Construction of “Hilton” Hotel in Tbilisi on the Verge of Breaking Down

Hilton Garden Inn brand’s project could break down and will no longer be built. Construction has been halted for more than 2 months.  The reason is a confrontation between the construction company “Redix” and residents. At this stage, the parties areattempting to resolve the issue through the court. Residents living in the area adjacent to the construction accuse “Redix” in appropriating theterritory owned by them. The company, in turn,accuses the residents of disrupting the construction. “Redix” founder Lasha Papashvili states “Commersant”  that if the court’s decision is not known in time, …

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