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Construction of Business House to Start in 10 Days

Construction of Business House in Tbilisi is being started. Company NCC will begin building of construction of energy efficient Business House in 10 days and the company should receive 10.087 million GEL for that purpose. Total construction term of the building, arranged with reinforced concrete, amounts to 7 months. Additional …

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Contributory Pension System will not Burden Business Sector

Essence of Contributory Pension Reforms

Government of Georgia plans to launch contributory pension reforms in the second half of 2018. The scheme of the reform is as follows – all citizens will be involved in the pension scheme, who take salaries under signed labor contracts. The system comprises partly  obligatory component. Citizens over 40 years …

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Tamar Nibladze: PR is to Think of Your Customers Constantly

Tamar Nibladze: PR is to think of your customers constantly

Interview with Tamar Nibladze, PR Manager of sweets producer company ‘’Barambo’’. – Why did you decide to enter this field, and what kind of opportunities does this profession give you? I used to be an active person since childhood, I used to enjoy communicating with people, I often had a …

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Partnership Fund Seeking Investor for Building Head Office

Partnership Fund Seeking Investor for Building Head Office

Partnership Fund of Georgia is seeking an investor for building its head office. The Fund’s management does not plan to construct the new building with the budget finances. The new office will be located in Okrokana, the fund’s management told Business Course. Currently, negotiations are underway and the plan includes …

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Brand history – Lushnu

Brand history – Lushnu

Svanetian Salt, which has recently been granted a status of a cultural heritage, has become a business idea for father-son. Their enterprise is located in Mestia. In the near future, the sale of Svaneti salt will begin in both Georgian and foreign markets. It is planned to add other spices. …

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The Legendary Brand ThinkPad is 25 Years Old

Lenovo, the world leader in the development of innovative technological solutions for home and business, celebrates the 25th anniversary of the legendary ThinkPad. ThinkPad has been surprising by the innovation of the world for 25 years. The history of the brand began in 1992. With a modest design, powerful technical …

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Silknet is Bringing Ted Jonas onto its Supervisory Board

The shareholders of Silknet have appointed Ted Jonas, an American-qualified lawyer with over 25 years’ practice experience, to the company’s supervisory board. Ted is highly rated by the international legal rating agencies as one of the best business and finance lawyers dealing with Georgia. Jonas’s central function on the supervisory …

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HeidelbergCement Sells 50% of Its Business in Georgia

HeidelbergCement company has sold a 50% stake in its business in Georgia to Cement Invest. The latter is owned by Co-Investment Fund and Hunnewell Partners. The deal amount marked 115mln EUR. The company press-release reads that the deal is to write off the debt of HeidelbergCement. The company hopes for …

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1.5 billion USD Investment in Petrochemical Conglomerate of Supsa

New Energy Hub Attracting Global Investors Construction of an oil-petrochemical complex worth 1.5 billion USD will begin in Supsa, Georgia, in 2018. This global project will be undertaken by the GEOPARS Company. The Government of Georgia has already allocated 200 hectares of the land to the company under the 1,5 …

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