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Tag Archives: business

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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YANDEX Bankrupts Georgian Taxi Market Players


Taxi service is one of the widespread self-employment sectors in Georgia. There is no precise statistics, but according to specialists, about 50 000 taxi vehicles provide services in the country. A major part of these taxi vehicles are owned by private bodies and their activities are not regulated by state …

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Khazaradze: Doing Business Secretly With Depositors’ Money is Not Right

Khazaradze: Doing Business Secretly With Depositors’ Money is Not Right

Doing business secretly with depositors’ money is not right; – founder of TBC Group declared on the risks caused by participation of banks in the non-core businesses, including interest conflicts with the clients. Mr. Mamuka  Khazaradze says that historically, non-core assets have been always separated from the balance of TBC …

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Business is a Style of Life, Not Job Place

Maia Bibiluri

The Caucasus Business Week (CBW) introduces an interview with Maia Bibiluri, member of Women for Tomorrow association and director of BTL Georgia. The company operates in business tourism field, covers several directions  (Business Travel & MICE) and is one of the major, successful and reliable companies on the market. BTL …

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