Home / Tag Archives: Georgian News (page 4)

Tag Archives: Georgian News

Bruno Balvanera: There are Slim Chances for New Banks to Enter Georgian Market

Bruno Balvanera: Investors’ Appetite is Increased on GEL

The European Bank for Reconstruction and Development (EBRD) estimates the possibility of third large bank entering Georgian market, however, considers that currently it is less likely to happen. Regional representative of EBRD, Bruno Balvanera declared that two large banks already own large shares at the market which limits the possibility of new bank, entering the market. …

Read More »

Georgian Railway Held Conference to Promote Lean Six Sigma Methodology

Georgian Railway held conference in the frame of promoting establishment of Lean Six Sigma methodology and organized a celebration of delivering certificates to the staff of engineers. The main essence of Lean Six Sigma methodology is to improve the quality of the product, minimize defects and decrease standard deviation.  In …

Read More »

Sky Tower Hotel Launched in Batumi

Construction of Sky Tower Hotel in Batumi has been completed. The head of Adjara government,Zurab Pataradze, Finance and Economy Minister of Adjara, Ramaz Bolkvadze, City mayor Giorgi Ermakovi and other officials attended the ceremony. 20 million USD investment was implemented in the frame of the project. 22-floor Batumi Sky Tower …

Read More »

Georgian Railway Modernization to Complete in November 2019

Georgian Railway modernization project will be completed in November, 2019. Infrastructure Depute Director, Akaki Sagirashvili talked about the topic with BusinessContract. “Modernization project is one of the most significant initiatives in our country.  This includes complete rehabilitation of Khashuri-Zestaponi Railway and construction of 14km-long tunnel for new railway and 8km-long …

Read More »

Georgian Made Tablets to Launch in July

In July, Georgian made tablets will be launched into the market. It has to be noted that AG Microelectronics factory founded by AG Telekom has successfully sold 1600 TVs. “In two months, tablets will be completely tested. We will set an affordable price for the product which will have good memory …

Read More »

Georgian Leather Imported to Hermes Factory

Raw Leather of cattle was exported to European Market in Greece. Suitable export certificate has been issued by the National Food Agency, concerning the leather export.  In order to implement further processing, raw leather import procedure in Greece has been completed today and 18000 kg raw leather was sent to …

Read More »

Terrassa Group to Build Green Roof Apartments

Development Company Terrassa Group will build Green Roof Apartments. The first project which is located on Besarion Zhgenti Street is almost completed. “The company has come up with a concept proving green zone on the roof of every apartment they build or will do it in the future. This is …

Read More »