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FOODPANDA ACQUIRES 12 IMPORTANT DINING POINTS OVER THE COURSE OF SUMMER

The fast food market is seeing a rising demand on ordering food online through the website – www.foodpanda.ge . It has gained universal acclaim from people in all circles and of all professions and ages. “foodpanda” offers simplicity, security and a wide range to its consumers. The service, which delivers …

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Competition Growing on Georgian Fast Food Market

After a few weeks the American fast-food chain “KFC” will start to work in Georgia, which will lead to further growth in the level of competition in the fast food market. According to the founder of “McDonald’s – Georgia” Temur Chkonia, the more  international brands enter the country the better as it will raise the standards of service in the …

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Georgia not yet Sees Risks Associated with Export of Wine to Russia

In January-July 2014 wine exports reached approximately USD 102 million, that  is 117% more than in the same period of 2013, exports it bottled wine amounted to  31.3 million at an average price of  USD 3.2 per bottle. 65% of wine exports fall on  Russia. “Commersant” tried to figure out how risky representatives of …

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The Coffee Bean & Tea Leaf already in Georgia

The oldest and one of the largest coffee-tea-producing international company which establishes a coffee quality in several countries has entered Georgia. A team of professionals  always takes care of consumers’ comfort. The coffee bean & tea leaf is the choice of the Hollywood celebrities. The coffee bean & tea leaf is the largest …

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Tbilisi Hotels are more Expensive than anywhere in Europe

“Commersant” compared prices for hotel services in Istanbul, Warsaw and Berlin hotels. Despite the fact that the economic situation in Georgia lags behind Europe’s, a fact is that  in some cases prices in Tbilisi hotels of  a different classexceed the  European ones. It turns out that accommodation in Georgian hotel ismore expensive than in the hotels in Berlin, Warsaw and Istanbul. For example, we took a …

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Compulsory Auto Insurance may not be Introduced in January 2015

Compulsory auto insurance, which is scheduled to enter in January 2015, may be postponed, as currently the work on the law is underway, and it is not yet clear when the project will be sent to the Parliament. Despite this, competition has increased in this segment on the insurance market and companies offer new packages to consumers. In particular, a new player in the Georgian insurance market – …

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Real Estate Companies Complain about Sharp Decline in Sales

Real estate agencies complain about a reduction in their activity by almost 95%. According to the agency “Beruka”, demand both for purchase and rental housing has fallen sharply; in comparison with the summer period of 2013, this summer it fell by 95%. Director  of the Agency Avtandil Gugeshashvili states “Commersant” that this …

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Snow making project of “Gudauri”

According to the contract signed by “Gudauri Development Agency” and “Demaclenko” snow making systems will be installed in “Gudauri” and on “Didveli” mountain in “Bakuriani”. Snow making project of “Gudauri” will be carried out in two phases. First phase considers construction of snow making system on the first ski piste. Length …

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“Barambo” Starts Exporting to Iraq

“Barambo” company starts exporting of itsproducts to Iraq. As a result of an active cooperation,a variety of sweets produced by the company will be fully represented on the Iraqi market. “Barambo”  is Georgian chocolate / sweets company. The use of modern technology and the highest quality of  Belgian raw materials, the continuous control over the quality production enabled the company to achieve …

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Will Tbilisi City Hall Continue “1 000 Booths” Project?

Will the so-called 1 000 booths program be continued in Tbilisi? The City Hall requested time to prepare the information about  the future of the project , while at this stage the City Council member Irakli Abesadze makes clarifications  on the issue, who held the post of deputy mayor during the implementation …

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Chinese Corporation to Build Cattle Farm and Meat Processing Plant in Georgia

The Chinese Corporation “Hualing Group”, which has invested several hundred million dollars in the economy of Georgia, plans to build a cattle farm and a meat processing large enterprise. The information was released by the Ministry of Economy. They report that the company has to produce the so-called green product. Apart from that, the government of Georgia  is considering the issue of …

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