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Tag Archives: business

Second-hand Clothes Business Loses Customers in Georgia

Representatives of the second-hand clothes business  talk about  a sharp decline in demand for the products. In particular, the founder of the chain of stores notes that the number of buyers has been  reducing  in recent years due to the general economic situation in the country. “State of our  business …

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Dimitry Kumsishvili: Georgia’s Business Sector is Expanding

Dimitry Kumsishvili

Georgia’s business sector is growing in a range of directions, generating increased turnover and employing more people with higher salaries. Georgia’s Economy Ministry released information today that revealed 2015 was proving to be a “very successful year” for the business sector in Georgia, with particular gains experienced in the second …

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Business Reduced Products Stocks by 30%

Georgian importers reduced the amount of the available stocks of goods in warehouses by  30% – it also concerns food products. Importers say about a possible rise in price of products, but cannot specify how much the prices will increase. Businessmen also fear that a decline in inventories may lead …

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POWERCHINA Has “Concrete Plans” on Anaklia Port Investment

Georgia’s PM Garibashvili ended his working visit to China earlier today. The PM and a Georgian delegation spent about five days in China to attend the World Economic Forum and host other official meetings. One of the meetings was with representatives of the POWERCHINA investment corporation. The PM’s Administration said …

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Indian Companies Invest in Georgia

Indian Investors in Georgia

Business ties between Georgia and India is growing. After investing in Georgia’s energy sector, now Indian companies are showing their interest in the country’s hotel and hospitality sector. Representatives from large Indian companies Unique Mercantile India and Apna Punjab are in Georgia on their second visit to learn more about …

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How Does Issuing Equity and Bonds Affect a Company’s Growth?

company

Stock and corporate bond markets have expanded rapidly since the early 1990s, but three basic, interrelated questions remain unanswered: How many and which firms issue equity and bonds in domestic and international markets? What happens to the assets, sales, and number of employees of firms that issue debt and equity …

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Iran and Azerbaijan Raising Economy

azerbaijan-iran

“Iran and Azerbaijan have great potential for cooperation in energy, transport and trade areas. Using the current potential for their economic development, both countries can realize joint programs that will help them get access to foreign markets, including European one,” head of the secretariat of the Iran-Azerbaijan intergovernmental commission Mehdi …

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Business Administration is The Most Popular Profession in Georgia

Business Administration is The Most Popular Profession in Georgia

What are three most popular professions among Georgian university entrants this year? Georgia’s National Assessment and Examination Center (naec) released figures of how many students applied to various professional programs at different Georgian educational institutions this year. The statistics revealed the three most popular professions were business administration, law and …

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Russian Central Banks to Save Struggling Companies

According to Bloomberg Moscow has restricted Western imports in retaliation for the sanctions, and a weaker ruble has made foreign goods more expensive. That should have created opportunities for Russian companies by boosting demand for their products at home. considering high domestic interest rates and the lack of access to …

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Government’s New Regulation for Business

Amid belt-tightening,  the Georgian government is increasing  spending not for  social projects   but for the  introduction of  a new regulation for  business, namely  electronic marking system for  non-alcoholic beverages. The authorities want this obligation, the business has been struggling  with for almost 5 years, to come into effect  in the …

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