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Tag Archives: Georgian News

Tender for the Construction of Storage to be Announced in 3 months

The tender for Storage engineering and construction works will be announced in 3 months, supposedly. According to the Deputy Minister of Ministry of Energy, Mariam Valishvili, a foreign consultant is hired to prepare a tender plan. “We united engineering stage which is the first and very important phase along with …

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50% of Jobs Will be Replaced by Artificial Intelligence in 2020-2025

Microsoft Georgia presented a new strategy of Clouds technology. It has a potential which can change everything for business. Establishing Clouds service in the world is more rapid than ever. It changes the working style and making of business in every business organizations. The director of Microsoft Georgia, Nikoloz Doborjginidze …

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53 Infrastructural Projects Financed in High Mountainous Regions in 2016

According to the decision of mountain council,10 million GEL out of 20 million in 2017  Mountainous regions budget,will be granted to micro and small entrepreneurship and rest of the money will be consumed for infrastructural projects.The secretary of mountain development council, Otar Konjaria talks about the details of the topic with …

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LLC Natura Tea Company to Appear in Agro hub Market

Entrepreneurship Development Agency will support LLC Natura Tea Company to sell its production in Agro Hub Market. As it has been noted at the Ministry of Economy and Sustainable Development, LLC Natura Tea Company gained a grant of cheaper agro credit and created a modern tea producer company. Georgian tea producer …

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Government to Spend 13 Million GEL to Protect Nut Trees from Insect

The government will spend 13 million GEL to fight Asian Cassida Nebulosa. Out of 13 million GEL, Georgian government will cover 7.5 million and 5.5 will be paid by American government. In the frame of state program, National Agency of food will purchase necessary appliances and technology which will be …

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TBC Bank Converted 40 Million USD Loan into GEL

According to deputy of TBC general minister, 40 million loans have been converted to national currency in both TBC and Bank Republic, which amounts to 53% of loans on the market. In the frame of dedollarization program, 3073 customers dedollarized their loans.  Customers who weren’t enrolled in the state subsidized …

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Four-line Highway Design Works to Start for Rikoti Pass

A 42 km four-line highway design works will start for Khevi-Shorapani-Argveti section of Rikoti Pass. The project will include about 90 bridges and 40 tunnels. The large-scale infrastructural project will be implemented as a part of space arrangement component of government’s four-clause project. Total value of the project is 800 …

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Terabank Has Already Revealed the Winner of the First Mid-Lottery

Tera Bank loan and deposit lottery has already revealed the winner of the first mid-lottery. Tamar Tkavashvili won a package of house appliances which includes: Smart house equipment, Apple TV, Internet and television one year service, smart coffee maker and lego instructor.  The winner received her gifts at the headquarters of …

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Georgian Watch Brand UNIQ to Participate in Baselworld Exhibition 2017

Georgian watch brand UNIQ will participate in one of the largest exhibitions in Baselworld.  Zviad Tsikolia will present his own collection at the exhibition. Zviad Tsikolia founded his private watch company UNIQ in 2011. Baselworld exhibition was opened on the 20th of March in Switzerland and a lot of large …

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Social Service Agency and Liberty Bank Sign Cooperation Memorandum

On March 22 Zaza Sopromadze, director of Social Service Agency, and Liberty Bank director general Aleksi Khuroshvili signed a memorandum on cooperation at Ministry of Labor, Health and Social Protection. Under the memorandum, for a period of one year, Liberty Bank will cover electricity and natural gas consumption costs for …

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Estonian Development Cooperation Offers Scholarships for Georgia

Estonian Development Cooperation scholarships are financed by the Ministry of Foreign Affairs Development Cooperation and Humanitarian Aid. Scholarships are available for four different summer university programmes for the students (and teacher training lecturers in one programme) from Georgia, Moldova, Ukraine and Belarus. Application period: 6th March – 9th April 2017 Results of the competition …

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