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Tag Archives: switzerland

Former Head of Technopark Established Startup Fund in Switzerland

Former head of the Technopark Giorgi Zviadadze told BM.ge that there was no legislation on capital markets in Georgia, so he founded the Startup Angels Club in Switzerland. “Startup Angels” is a club in Switzerland with the main goal of financing startups. “Why Switzerland? Unfortunately, in Georgia, there is no …

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Swiss Investments in Georgia Rise 7.5 Times

According to preliminary indicators, foreign direct investments in Georgia from Switzerland made up 22.3 million USD in 2017. According to Geostat, the figure has increased 7.5 times compared to 2016, when 2.9 million USD FDI was invested from Switzerland. As to top investment fields, in 2017 Swiss FDI inflows to …

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Sommet Education and the Embassy of Switzerland in Tbilisi Hold Joint Event

Sommet Education and the Embassy of Switzerland in Tbilisi Hold Joint Event on Education and Career Opportunities in Hospitality Management

Sommet Education and the Embassy of Switzerland in Georgia held a joint event for prospective students, media, representatives of hospitality and education institutions and government officials in Tbilisi, Georgia, to present the top-ranking hospitality management institutions Glion Institute of Higher Education and Les Roches Global Hospitality Education and to showcase …

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Georgia-Swiss Free Trade Agreement to Come into Effect on May 1

Switzerland Georgia trade

The free trade agreement between Georgia and Switzerland will come into force on May 1. The information was published on the web portal of Government of Switzerland. Switzerland has finished procedures, which was necessary for putting EFTA (European Free Trade Association) agreement into action. According to Government of Switzerland, the …

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Swiss Ambassador: Georgia should Improve Foreign Economic Policy

Lukas Beglinger

“Appointment of economic attaches stresses that Georgian Authorities have intensified efforts for improvement of foreign economic policy and the country makes focus on specific issues”, Swiss Ambassador to Georgia Lukas Beglinger told BM.GE. Switzerland has been working on economic policy development for many years, he said. “Georgia is a small …

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Tsinandali Fest Agreement on Cooperation Signed in Switzerland

Tsinandali Fest Agreement on Cooperation Signed in Switzerland

In the Swiss town of Verbier, founders of Tsinandali Festival and Verbier Festival Martin Engström and Avi Shoshani have signed a cooperation memorandum for foundation of Tsinandali International Music Festival and Musical Academy. Verbier is distinguished as a homeland of one of the most popular classical music festivals in Europe …

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Switzerland to Grant 5 Million Francs for Development of Georgian Agriculture

The minister of Agriculture, Levan Davitashvili met a Swiss Ambassador, Lukas Beglinger. The minister introduced the agricultural projects to the ambassador and underlined to the importance of financial and technical support from Swiss government, during the meeting. Levan Davitashvili talked about the issues of animals’ identification-registration program as well as …

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Is Georgia Similar to Switzerland?

When I was in my second grade at school, I wrote essay titled “If I were a magician”. I was very sincere in wasting my chance for magic that our teacher had proposed for the dreams of “peace around the world” and GUSSR (Global Union of the Soviet Socialist Republics). …

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PM: Georgia Grows into Important Transit Point and Energy Corridor

PM: Georgia Grows into Important Transit Point and Energy Corridor

Georgia has become an important transit point and energy corridor, Georgian Prime Minister Giorgi Kvirikashvili said at the Georgia-Switzerland business forum. “Pipelines transporting Caspian oil and gas to Turkey and Europe cross the territory of Georgia. We have the same situation in relation to new railroad and motorway networks – …

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Swiss Gotthard rail Tunnel – an Engineering Triumph

The world’s longest – and deepest – rail tunnel opens in Switzerland on Wednesday. The Gotthard rail link has taken 20 years to build, and cost more than $12bn (£8.2bn). It will, the Swiss say, revolutionise Europe’s freight transport. The Alps are sometimes described as Europe’s natural trade barriers. From Roman …

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Switzerland Seeks to Attract More Azerbaijani Tourists

Switzerland Seeks to Attract More Azerbaijani Tourists

Switzerland, attracting millions of tourists for Alpine climate and landscapes, in particular for skiing and mountaineering, hopes to see more Azerbaijani tourists. Federico Sommaruga, the head of emerging markets and special projects in the Swiss National Tourist Office announced about this during the presentation of tourism opportunities of Switzerland in …

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SOCAR Invests Over 200 Million Euros in Montenegrin Resort

SOCAR Invests Over 200 Million Euros in Montenegrin Resort

Azerbaijan’s state oil company SOCAR, which makes huge investments both in the country and abroad is building a modern resort in the Adriatic coast, Montenegro. Montenegrin President Filip Vujanovic told BNE IntelliNews that SOCAR has invested more than 200 million euros in the construction of the resort so far. The project …

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