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Review 2017

Review: Healthcare Industry in Georgia in 2017

Healthcare

State budget allocations for health sector grows every year. Despite similar growth, the answer to the question: who spends more on healthcare – government or citizens, does not change. The issue of valuable services remains unchanged too. According to the last indicators, the government’s ratio in total health expenditures accounts …

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Successful Year of Georgian Wine

National Wine Agency of Georgia evaluated 2017 year in wine and its highlights with CBW. The recognition of the world scientific community that the ancient trace of winemaking is found on the territory of Georgia, from which it spread throughout the world.  On November 13, the PNAS published an article …

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Investments Year in Review

‘’According to the data of three quarters of 2017, direct foreign investments in Georgia amounted to 1.4 billion USD, which is quite positive, considering the existing investment environment and trends in the region. It is important that growth is stable compared to previous periods and maintaining this trend is absolutely …

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Agro Solutions Names 5 Important Events in Agriculture Sector in 2017

Irakli Chikava, founder of Agro Solutions agro consulting company, noted that the year of 2017 was full of agro innovations. Namely, there were several important events, which have determined a general situation: Appearance of marmorated stink bugs, which have brought serious problems to Georgia and which is expected to worsen …

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Georgian Agriculture Sector in Review

Agriculture

  The Caucasus Business Week (CBW) has inquired how efficiently state programs were implemented in 2017 and how successfully the agriculture sector was developed in 2017. According to the state budget, 11 state programs have been financed by 628 892 000 GEL since 2013. The state budget has financed the …

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Ski Resorts are More Than Ready To Meet New Season

Georgia is waiting for numerous tourists for winter season. Ski resorts have met the season absolutely ready. Mr. Aleksandre Onoprishvili, Director of Ltd “Mountain Resorts Development Company”, talks about the new components at ski resorts for this winter season. – What are the ski resort novelties for the 2017 winter …

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Year of Innovations – CBW’s Choice of TOP Startups

Startups

Georgia is becoming more and more innovative from year to year. In 2017 plenty of new startups have appeared on the market, while at the same time, older startups are gaining worldwide recognition. During the whole year we stood next to several startups and helped them to promote themselves and …

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Today Tourism Sector is Gaining a Momentum

Chogovadze

Government of Georgia is actively involved in the sector development and promotes an implementation of various projects. 2017 was fruitful year for Georgia’s tourism sector. A record number of tourists arrived in the country and the sector earned unprecedented revenues. In 2018 National Tourism Administration plans to intensify efforts to …

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Tamar Kaikatsishvili: Educated and Qualified Staff is Required for Improving Tourism Sector Service Quality

Tamuna kai

Adjara Government continues working on developing services in the Region. Adjara Tourism Department has clearly outlined existing problems and challenges in services. The department plans to remove the current problems through advancing the education level. Tamar Kaikatsishvili, head of Tourism Department office for service development, talks about current situation in …

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Challenges Faced by the Real Estate Sector in 2017

property Georgia

De-dollarization has been one of the main challenges for the Georgian real estate market in 2017. Following the devaluation of the Lari in 2016, the government of Georgia and the National Bank of Georgia (NBG) jointly designed a plan of ‘Larization’ of loans. The relevant legislation came into force on …

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Energy Sector in Review

ENERGY, Electricity

The current year was very important for power sector. Like previous years, the current year was full of challenges. Despite Ministry of Energy and Ministry of Economy merged in 2017, the Authorities prioritizes to develop the power sector. Consequently, the current year was special in the power sector in terms …

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