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Tag Archives: business

Overview of Business Sector in 2016

Georgia ranked 16th  among 190 countries in the 2016 Doing Business rating. The country has advanced by 7 places. However, success of companies depends on the existing economic situation in the country. There is no evident answers on how successful the year of 2016 was for companies in various segments. …

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Fees Will be Increased to Gambling Business from January 1

Fees Will be Increased to Gambling Business from January 1

Fees will be increased to gambling business from January 1. The government based on the analysis of previous years’ revenues, forecasts budgetary increase by 20 million for local governance units. The fee will be set from 20 000 GEL to 40 000 GEL in quarter for each casino table by …

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Expert: Business’ Reaction on Excise tax Increase is Legal and Logical

Expert: Business’ Reaction on Excise tax Increase is Legal and Logical

Maia Grigolia, director of research centre PMCG, diverge the so-called currency crisis version formed by the speculative action groups. Shocked business’ reaction on excise tax increase, announced by the government, is legal and logical, as they want to store resources in anticipation of the price rising and it should not …

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International Service Provider Arvato Entered Georgia

International Service provider Arvato has entered Georgian market, aiming to employ 500 citizens. Arvato is a leading international service provider that thrives on digital technology. Every day, over 70,000 Arvato employees in more than 40 countries.  Its services include customer support by phone, email and chat, the development and execution …

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Women Do Not Risk to Start a Business in Georgia

Ani Kvaratskhelia

Commersant had an interview with the head of the Business Development Agency Ani Kvaratskhelia, as she talked about most vital issues happening in Georgia’s business sector. What does  your Agency do ?  Business Support Agency was established at  the Ministry of Economy in 2014 and focuses on business support, the …

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Startup-Friendly – New Project to Support Business

Startup-Friendly - New Project to Support Business

Startup-Friendly, a continuation of the Startup Georgia program to encourage startup businesses, is yet another project seeking to support businesses. Startup-Friendly will help startups establish relations with large business companies, while enabling representatives of large business to engage in the development of different fields and to make mutually beneficial investments. …

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Alliance Group Holding to Renew Joint Database of Business Companies in Georgia

Alliance Group Holding plans to renew a joint database jointly with Georgia-based business companies. The holding director Aieti Kukava told Commersant radio station that any business company, prior to meeting with another company, tries to collect maximum information. Jointly with its partners, Alliance Group Holding supplies information on Georgia-based companies …

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Georgia Among Top Global Improvers, Says Latest Doing Business Report

Georgia Among Top Global Improvers, Says Latest Doing Business Report

Georgia received a ranking of 16 among 190 economies in Doing Business 2017: Equal Opportunity for All, released today. This year, the country also showed an improvement in the distance to frontier[1] score of 2.48 percentage points; currently 80.20 percent compared to 77.72 percent the previous year. In the region, …

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A Long-Term Perspective Is The Most Important in Business

Savse is the only drink which includes the mixture of fruit and vegetables. At the same time, during its production there is a new technology, such as cold pasteurization used. This allows maintaining the taste, vitamins and minerals, which usually disappears in case of hot pasteurization.  The main message of …

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