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Tag Archives: Russia

Hydrolea Considers Leaving Georgia due to Complication of Market Forecasting

Hydrolea Considers Leaving Georgia due to Complication of Market Forecasting

The investor is not excluding leaving of Georgia due to the complication of energy market and tariff policy forecasting. Radoslav Dudolenski, executive director of “Hydrolea” has declared on the review of investment policy at the business conference held within the frame MEETING ROOM of “PASHA Bank”.  noted on the investment …

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Foodpanda Left the Russian Market, While in Georgia Brand Expands its Business

Internet-backed food delivery business Foodpanda has left the Russian market  while in  Georgia plans to expand the network. Russin media reported that the company sold  Russian Delivery Club, its operations in Russia to Mail.Ru Group for $100 million. It was a relatively short stay in Russia for Foodpanda. It first entered the Russian …

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Russia Considering Visa-Free System With Georgia

As stated by Grigoriy Karasin, Russian State Secretary and Deputy Foreign Minister, “we do not exclude the possibility of a visa-free regime with Georgia.” Karasin noted that last year, Russia had dramatically reduced the strain of visa requirements for Georgian citizens. This was done through allowing private invitations by Russian citizens. However, Karasin noted …

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Tbilisi Enters Top 3 New Year Destinations for Russian Tourists

Tbilisi Enters Top 3 New Year Destinations for Russian Tourists

The Туту.ру  portal has named the most popular tourism destinations for Russian tourists  for the coming New Year. According to the ticket sales portal, Kishinev is leader in terms of sold tickets for New Year period. This city maintains the leading position for several years. “Supposedly, Russian tourists visit Kishinev …

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Russia to Discuss Gas Transit Through Turkey with EC

Russia to Discuss Gas Transit Through Turkey with EC

Russia will continue to stay in contact with the European Commission and the European Union countries regarding the feasibility of gas transit through Turkey, RIA Novosti reported citing Russian Energy Minister Alexander Novak. Undoubtedly, we will continue contacts with the European Commission and our counterparts from other countries in order …

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Fate of Georgian Wines – Russia to Increase Wine Imports Tax

WINE, Russia TAX

Georgian wine exports to the Russian Federation may decline. Higher taxes will create problems to distributors  and producers. It is not known when exactly the new rate will come into force, but the working process was intensified in this direction. Russia plans to double excise tax on wines. Ministry of …

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Turkish Stream’s Construction to Start in 2018

Turkish Stream’s Construction to Start in 2018

Construction of the Turkish Stream natural gas pipeline will begin in 2018 after the latest intergovernmental agreement has been signed this week, Sputnik International news agency quoted CEO of Russia’s Gazprom energy company, Alexei Miller as saying Oct.11. “According to our plan, construction itself will begin in 2018,” Miller told …

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Russia Becomes a Grain Superpower as Wheat Exports Explode

Russia Becomes a Grain Superpower as Wheat Exports Explode

Almost 25 years after watching the Dawn of Communism collective farm where he grew up land in the dustbin of history, Andrey Burdin is helping turn Russia into something the communists never could: a grain-export powerhouse. Over the last few years, Burdin has tripled the size of his farm on …

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Russia Prepares for Gas Divorce From Europe

Russia Prepares for Gas Divorce From Europe

Political tension with Europe and the increasing role of liquefied natural gas (LNG) has the world’s biggest supplier looking to increase exports to the Asia-Pacific region, according to Russia’s Federal Subsoil Resources Management Agency. “The crisis in relations between Russia and the West has already led to a reduction in …

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