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Electric Buses to be Produced Soon in Georgia

The company “Fregobus” plans to start production of electric buses within German-Chinese partnership. Fregobus will sign Memorandum with German company EURABUS and ZTE Corporation, the largest Chinese corporation, on November 23, according to “TV Pirveli”. The memorandum envisages establishment of a single consortium and founding an enterprise within it. The …

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River Side Hotel, Tbilisi Earns 2017 Tripadvisor Certificate Of Excellence

River Side Hotel, Tbilisi Earns 2017 Tripadvisor Certificate Of Excellence

River Side Hotel, Tbilisi announced that it has received a TripAdvisor® Certificate of Excellence. Now in its seventh yea r, the achievement celebrates hospita lity businesses that have earned great traveler reviews on TripAdvisor over the past year. Certificate of Excellence recipients include accommodations, restaurants and attractions located all over …

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Bakhvi 3 HPP to Issue Bonds

Bakhvi 3 HPP to Issue Bonds

Bakhvi 3 HPP offers to invest free financial resources in its loan securities – 10-year bonds. Nominal value of total issuance is 1 267 000 USD. Nominal value of a bond is 1000 USD, while annual yield constitutes 9.4%. Bonds are denominated in USD and yields are also paid in …

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Georgian Post is in the Top Ten of PostEurop Member Countries in the Ranking of Correspondence

According to the rating of internationally registered written correspondence published by the International Postal Union Prime (140 member country), Georgia included in the top ten list of PostEurop member countries. Following countries are listed in top ten: Switzerland, Great Britain, Luxembourg, Ireland, Malta, Russia, Slovenia, Lithuania and Denmark. “This rating …

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Anaklia Development Consortium Announces Tenders

The Anaklia Development Consortium started announcing tenders. The consortium will make purchases in the most competitive environment and will be carried out through electronic tenders. According to the company, all the information related to tenders will be posted on the website of “Anaklia Development Consortium”. B2B platform is used for …

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Georgian Insurance Group Introduces Financial Obligations Insurance Product

Georgian Insurance Group Introduces Financial Obligations Insurance Product

Georgian Insurance Group (GIG) has introduced financial liabilities insurance product that ensures Insured Trading on international currency market. As part of the new product, GIG is an exclusive insurer of Tbilisi Traders’ Club (HDForex). Consequently, starting November 1, 2017 HDForex clients are able to perform insured current deals without additional …

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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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