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Tag Archives: Georgian News

Kutaisi University Campus Construction to Launch in April, 2017

Kutaisi University Campus construction works will start in April, 2017. According to Kartu group, which implements the project, at this stage,  construction preparation takes place . More precisely, soil and channel are being rehabilitated. Concerning study process at the University, Vakho Tsagareli explains that German partners are involved in creating …

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Tourism Season Peak and Problems

Gudauri Winter resort

Business sector confirms  tourists inflow to ski resorts has increased thanks to new ski tracks and lower prices compared to Europe. However, ski resorts record many problems too, representatives of hotels noted. Bakuriani Managers of Piramida, a Bakuriani-based guesthouse, state that tourists inflow considerably increased at the beginning of 2017, …

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Georgia A Small But Unique Beauty: Euronews

Euronews spoke at Berlin’s ITB to Giorgi Chogovadze, Head of Administration at the Georgian National Tourism Administration about how Georgia’s tourist potential stands out in comparison to its competitors in the Caucasus region. “Georgia is the cradle of wine and has unique places to be visited, they are part of …

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Eurasian Mobile Challenge Winner Treepex Presented at Mobile World Congress

With the support of telecommunications and new technologies company, Beeline, Georgian startups were presented at Mobile World Congress with their innovative projects. The winner startup, Terepex which was included in the top 5 startsups out of more than 2500 participants is an innovative attitude concerning planting the trees. With the …

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Anaklia Port to Create 60 Billion Economic Value in 40 Years

Anaklia Development Consortium completed preparation of 50-year-plan of Anaklia Port. It includes evaluation of economic influence of the project, calculation of goods turnover, volume of investment and development phases. At this stage, the project is considered by government commission. Anaklia Deep Sea Port concentrates on innovative engineer technologies, sparing expenses …

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The Largest Low-cost Airlines Ryan Air to Launch Flights in Georgia

The information about Rynair entering Georgian market has been confirmed. Tbilisi already appeared in the codes of airlines airports which means that the company will make an announcement in the near future and start operating flights to Tbilisi, Commersant.ge reports. “We hope that the company will have flights to many …

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The Most Profitable Sectors in Georgia for Investors

In 2016, most of investments were implemented in Transport and Communication sector. According to the preliminary statistics of National Statistics Office of Georgia, 645 million USD was invested in this sector which is 39% of all foreign investments.  Energy Sector is on the second place with the volume of investments-203 …

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Children Clothes Georgian Brand Spilow Exported its Production to the UK

Children clothes producer Georgian Brand Spilow exported its products to London.  Georgian company started collaboration with Igloo Shop and exported own production to London 3 weeks ago. One of the owners of the company, Taso Japaridze declared that mainly dresses and jackets were exported. “Except that, concerning W0rld Book Day, we …

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Energy Efficiency Projects to Start in Construction Sector in 2022

In 2022, energy efficiency projects will be launched in construction sector, which will include not only private but public buildings. The initiative belongs to European Commission. EU delegation visited the Ministry of Economy and Sustainable Development to discuss the the issue and the head of the delegation was a EU …

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Balneological Resort Construction to Launch Before Summer

“Balneological resort construction will start before summer” – declared head of Meidan Group, Ketevan Khurodze. Currently, they hold a competition for the sketch to choose an architect who will prepare the project. According to Ketevan Khurodze, after the project is processed, it will be negotiated with City Hall.  Investor wants …

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Fast Loans

Need of money is perceived as acute as a desire for life. Our access to money or our solvency to spend money determines our needs and desires. All financial problems take origin from insufficient money. A major part of population suffers from insolvency and this factor fractures economy on global …

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Italian Business Mission to Visit Tbilisi in May

Georgian Chamber of Commerce and Industry and Italian Chamber of Commerce Union (Union camere) signed a memoramdum of collaboration. The document aims to deepen economic and trade relationships between two countries and exchange information and organize joint projects to connect Georgian and Italian business sectors. Collaboration Memorandum was signed in Rome, …

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