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Winery Khareba to Build Hotels All Over Georgia

Winery Khareba plans to build hotels all over Georgia , the company director general Giorgi Ezugbaia told BM.GE. This year the company opened four-star hotel PORTA CAUCASIA in Kazbegi and at this stage the company also considers other locations too. “We plan to develop hotel business all over Georgia, including …

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Tobacco Law Mismatches 36 EU Directives out of 39 Ones

Last week the parliament’s health committee took decision on revision of Tobacco Law. The issue is of the clause, under which smoking is banned along the whole perimeter of clinics and educational facilities. Under the current regulations, smoking is banned on the territory of clinics and universities and it sets …

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Georgia Ranked 18th in Best European Countries for Business Rating

According to the rating of “Best European Countries for Business 2018” Georgia ranks 18th among 46 European countries. The European Chamber publishes this rating, which evaluates the country’s existing business environment. Points that are assigned to countries are derived from the World Bank business doing and the International Transparency Corruption …

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Emercoin Blockchain Solution Delivers Secure, Accurate Education Credentials to Businesses

Emercoin announced the successful implementation of its open-source “Trusted Diploma” blockchain platform by the Tbilisi Business & Technology University (BTU), enabling businesses to verify the accuracy and authenticity of online education credentials. As blockchain grows beyond fintech to empower other industries with new levels of security and immutability, the unique …

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Profits Margin at Some Pharmaceutical Companies Makes up 1000%

“Some pharmaceutical companies have set 1000% profits margin”, Akaki Zoidze, head of the parliament’s health committee told Business Course TV program. If the government imposes certain direct regulations on a certain category of medications, this will not ruin our business sector, Zoidze said.  “If their profits margin shrink to 100%, …

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Georgian Companies to Introduce Projects to American Film Market

American Film Market will be held in Los Angeles, the USA, from October 31 to November 7. Enterprise Georgia agency will help Georgian companies in attending the mentioned event. Tatia Bidzinashvili, arts industry development manager of the agency told BM.Ge that the process of signing contract agreements with those companies, …

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Restaurant VINOTEL Wins World Luxury Restaurant Award

Restaurant VINOTEL is the winner of another competition. The restaurant has won two international nominations at the World Luxury Restaurant Award and has received the status of “Best Wine Restaurant” and “Best Traditional Restaurant in Europe” at the award ceremony in Belfast, northern Ireland. Competition was difficult, international jury had …

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Startup Grind: Meet George Arison Who Raised $110MM for Shift

Startup Grind is a global community where people who have founded startups, want to found startups, fund them, want to work for them, or just learn about them gather. Tbilisi hosts one of the chapters and is part of a million-person global community.  Come meet Georgians, expats, and visitors who …

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IBM Becomes Official Partner for Silicon Valley Tbilisi Challenge

IBM company has become an official partner for Silicon Valley Tbilisi Challenge VOL3, the third students hackathon. The event is held on annual basis for students of Business and Technology University and is to reveal the best IT group for various tasks in limited timeframes. The third hackathon’s task is …

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Agricultural Land Reform as a Hindering Factor of Business

As it is known, after the presidential election of 2018, the Constitution of Georgia will be amended to amend new regulations regarding agricultural land ownership. Irakli Gaprindashvili, managing partner of GLCC Law Firm, responds to our questions regarding these amendments. – Mr. Irakli, what fundamental changes do the part of …

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