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Nikora Trade to Issue 30 million GEL Bonds

Nikora Trade to Issue 30 million GEL Bonds

Nikora Trade will issue bonds of 30 million GEL. The information was unveiled at the presentation of TBC Bank’s capital research work – Bond Market in Georgia. TBC Capital will ensure issuance of bonds. Nikora Trade director Irakli Bokolishvili told BM.GE that bonds will be issued no later than early …

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Le Méridien Opens Hotel in Batumi in 2019

Various commercial spaces are sold in Batumi Tower. Redco company representatives told BM.Ge that top-class residential apartments will be also included in the complex. Since the high-rise building could not satisfy due security norms, the adjacent building will assume functions of Le Méridien top-standard hotel, while staff residential sector will …

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EFTA and Georgia Held Trade Promotion Seminar

The EFTA Secretariat, in cooperation with the Georgian-Swiss Business Association (GSBA), the Embassy of Switzerland in Georgia and the Ministry of Economy and Sustainable Development of Georgia, held an “EFTA-Georgia: Trade Promotion Seminar”, on 7 June 2018, at Rooms Hotel Tbilisi. The EFTA – Georgia Free Trade Agreement (FTA) entered …

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Starbucks Regional Operator to Enter Georgia

Company Shaya Turkey that manages ”Starbucks” operation in Turkey and Azerbaijan is looking for the manager of Georgian representative. Relevant vacancy was published on jobs.ge. Interested people can apply until July 11th. It’s unknown when will Starbucks start operating in Georgia.

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Black Lion Hub to Open at Ramada Encore Tbilisi

The first Georgian craft beer brand ”Black Lion” will enter to international brand hotel ”Ramada Encore Tbilisi”. Guests will be able to exclusively taste four of the subcategories premium craft beer, as well as bottled beer of ”Black Lion”. Several days before the official opening, beer tasting was arranged for …

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Eurotex to Open New Clothing Factory in 2018

Eurotex company plans to open a new clothing factory by the end of 2018 in Rustavi. The company also plans to introduce new brand MOVI in autumn 2018. At this stage, the company employs 500 persons, who make 4 000 models a day for exports to Europe. Italy is the …

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Ana Dolidze: Businesses Suffer Due to Inefficiency of the Court

“Due to the inefficiency of the judiciary system, many businesses are damaged and nothing is done for it to be improved,” Ana Dolidze, the non-judge member of the Council of Justice, said in a program “Women’s Narrative”. She said that the problematic issues include delaying the disputes, the threat of …

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