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Tag Archives: business

Knitted – Brand of Knit Bags: Lower Price does not Affect Quality

Online stores have long appeared on Georgian market. It turned out that businesses started in social network frequently moves to shopping malls from virtual space. However, it is difficult to offer different products and services and draw consumers. Knitted, a Georgian brand of knit bags, have successfully overcome these challenges …

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Average Salary in Business Sector Totaled 1106.9 GEL

In the second quarter of 2017, averaged monthly salary in the business sector totaled 1106.9 GEL, up 128.8 GEL year on year, including the figure for women made up 816.3 GEL, up 88.8 GEL year on year. According to Geostat indicators, averaged monthly salaries due to the size of enterprises …

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PASHA Bank – Partner of International Business Forum in Batumi

PASHA Bank - Partner of International Business Forum in Batumi

On May 22-23rd International Business Forum took place at Euphoria Hotel Batumi. The event was organized by consultancy company “IBF” and supported by PASHA Bank. The main topic of discussion was Leadership; therefore experience in this area was the main criterion while choosing the right speakers for the event. Each …

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Crisis Deepens in Book Business

Bookstores are closed because of financial problems. Representatives of  several bookstores say that the crisis deepens in the sector over the past 2 years. There is heavy situation in the sector, in general, they said. Mariam Kikacheishvili, head of Books in Vake store, talks about difficult financial situation in the …

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Public Registry Records 5 071 New Business Entities


According to National Agency of Public Registry (NAPR), a total of 5 071 business companies were registered in March 2017, including 95% of them are commercial entities (individual entrepreneurs, limited liability companies, branches of foreign companies, joint stock companies and so on). Ratio of noncommercial enterprises made up 4.6%. Month …

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As Easter Arrives – Business Sector Expects Higher Spending


The Easter is always celebrated with special mood in Georgia. Preparations start several days earlier. People make Easter Cakes symbolizing the Golgotha, the mountain, where the Savior was crucified on Friday. Eggs are colored in red on Friday and this tradition also symbolizes the Savior Crucifixion. The Caucasus Business Week …

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Sigma Technology & Solutions Introduces VESTUS, Georgia’s First Nano-Tech Construction Product

Sigma Technology & Solutions has introduced VESTUS innovative product. At a special event, the company representatives talked about the product’s importance, its special characteristics and simplicity of  use. Representatives of Ministries, Tbilisi City Hall, diplomatic corp and Georgia-based commerce chambers, banking sector and repair companies, experts and other interested bodies …

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