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Tag Archives: business

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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Bank of Georgia Starts Issuing of European Business Loans

Bank of Georgia Starts Issuing of European Business Loans

Bank of Georgia starts issuing of European business loans in order to enable entrepreneurs to export their products at the European market. According to the bank, credit line of 220 million GEL obtained from European Bank for Reconstruction and Development (EBRD) gives opportunity of development and expansion to the business, …

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Is Georgia Similar to Switzerland?

When I was in my second grade at school, I wrote essay titled “If I were a magician”. I was very sincere in wasting my chance for magic that our teacher had proposed for the dreams of “peace around the world” and GUSSR (Global Union of the Soviet Socialist Republics). …

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Georgian Handmade Crafts Are Sold Abroad

Inca handmade

Inca refers to the name of startup created by young Georgian businesswomen Gvantsa Kordzakhia. The main products of Inca are handmade crafts, one of which are called Dream Catcher, which has become very popular in Georgia in recent period. In some Native American cultures, a dreamcatcher is a handmade object …

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PR Campaigns in Georgia Lack of Comprehensive Conceptual Purpose

PR Campaigns in Georgia Lack of Comprehensive Conceptual Purpose

Kakha Maghradze has worked as a consultant and project manager for GEPRA since 2004, while starting 2007 he has been working as a senior consultant and clients relations manager. Besides working with clients and managing their PR projects, Kakha Maghradze has acquired worthy experience in event management, management of social …

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Inevitability Of Punishment

Doing business by unwritten rules, experiencing it as a service to family or friends with lacking business planning is a very common phenomenon in Georgia which too often results in conflict, including the case of a foreign investor and entrepreneur and his local partner. Inevitability of punishment is, in my …

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Part of the Basic Means’ Import Will Exempt From VAT

Part of the Basic Means’ Import Will Exempt From VAT

Ministry of Cabinet will approve the list of industrial means, which import will exempt the importers from VAT, if these basic means are used during VAT taxable operation – Georgian Prime Minister has talked about the amendments, which should be made to the TAX Code, before launch of the government …

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Spanish Jamón Ham to Be Produced in Georgia

The Partnership Fund and Native Georgian company have concluded a memorandum on mutual understanding. Under the memorandum, production of Jamon, the world’s famous brand, will start in Georgia. Jamon is a pork made of special breed of Spanish black pig. This product is made only in Spain and Portugal and …

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Armenia’s Economic Activity Index Shows Record Decline

Armenia's Economic Activity Index Shows Record Decline

Armenia’s economic activity index decreased by 4.7 percent in July 2016 compared to the same period of 2015. This is a record figure, Aysor.am reported citing Haykakan Zhamanak newspaper. A decline in the country’s economic activity has not been observed yet in 2016, according to the newspaper. Just two weeks ago, Armenia’s …

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CBW Blog: Doing Business By Unwritten Rules

Georgia, Tbilisi

Dr. Andrei Maximov Successful reforms, great institutional environment for business, large-scale support by the state—all these are real starting points that foreigners experience in Georgia. Yet, if all of that is so rosy, where are the hordes of happy investors from all around the world? Why do so many leave …

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