Caucasus Business Week

Georgia Proposes Raising Property Tax Threshold from ₾40,000 to ₾100,000

AIIB Approves €158.5 Million Loan for Highway Construction in Kakheti

TBC Introduces Georgia’s First Subscription Tracking Feature in Its Mobile Banking App

Nearly 900,000 People Visited Georgia’s Protected Areas in Eight Months as Agency Revenue Rose 48%

Business

“Hybrid and Electric Models Are the Most Popular Chinese Cars in Georgia”: Carmark

Economy

Georgia Proposes Raising Property Tax Threshold from ₾40,000 to ₾100,000

Banking

Mary Kokaia Appointed TBC’s New Marketing Director

Business

Rodeo Joins the Redbow Events Ecosystem as a Technical Production Brand

Banking

TBC Introduces Georgia’s First Subscription Tracking Feature in Its Mobile Banking App

Real Estate

NEXT Unveils Two New Projects Inspired by Cultural Heritage: Cinema City and NEU Tbilisi

On October 1, international real estate development brand NEXT hosted an invitation-only evening at the historic pavilion of the Georgian Film studio

Wine

“Small Wineries Exempted from Certification Fees” — National Wine Agency

Small wineries have been exempted from certification fees for products intended for sale on the domestic market, according to the National Wine Agency.

Business

EFES Georgia Unveils Refreshed Packaging for Georgian Premium Craft Beer Taati

EFES Georgia unveiled the refreshed packaging of Georgian premium craft beer Taati at Askaneli Falestra.

Wine

Renowned Sommelier Toni Askitis Presents Georgian Wine in Germany

A Georgian wine masterclass and tasting was held in Cologne to raise awareness of Georgian wine and support export growth in the German market.

Wine

99.3% of the 121,000 Tonnes of Grapes Processed in Kakheti Are of High or Medium Quality

As of 30 September, 99.3% of the 121,000 tonnes of grapes processed in Kakheti were classified as high or medium quality, while only 0.7% were of poor quality and unripe

Wine

“Nearly 113,500 Tonnes of Grapes Processed in Kakheti as of 29 September” — National Wine Agency

Of the 113,500 tonnes of grapes processed so far, nearly 79,100 tonnes were classified as high quality, while only 0.7% were of poor quality and unripe, according to the National Wine Agency.

Last 7 Days Hot Topic

Banking

Business

Georgian Agri-Food Products Make Their Debut at SIAL Guangzhou in China

“Green Camp – Climate Ambassadors” to Welcome Its Sixth Cohort

Visa and Helio AI Partner in Georgia, Armenia and Moldova

Eagle Hills Signs Commercial Terms Agreement with the Government of Maldives for New USD 12 Billion Global Destination “Maldives Waterfront and Marina”

Startup

Georgian Startup Tasteit Becomes First from Georgia to Join Techstars USA

Georgian Tech Startup WeCharge Expands into the European Market

Georgian Startup KLIPY Raises $3.8 Million from Google’s AI Futures Fund and Other Investors

Georgian Innovation Hub BRID.GE Officially Opens in San Francisco

Wine

British Journalists Visit Georgia with Support from the National Wine Agency

Nearly 100,000 Tonnes of Grapes Processed in Kakheti as of 28 September

“The GEL 0.30 Price Applied to Grapes Unsuitable for Winemaking”

“99% of Grape Growers Produced Quality Grapes” — Levan Mekhuzla

Economy

Lasha Dolidze: Changes in Individual Indicators Do Not Reflect the Full Picture of Agricultural Sector Trends

Lasha Avaliani Participates in the WOAH Regional Commission for Europe Conference

Davit Songulashvili: “Our Goal Is for Georgia to Transition to a Modern Waste Management System”

“Our Goal Is to Ensure That Protected Areas Develop in Full Accordance with Nature Conservation Principles”

Culture

Ana Akhalaia: The Rising Value of a Georgian Artist

Kanye West to Perform in Georgia on June 12

Georgia Identified as One of the Earliest Cradles of Bread Wheat

Exhibition at TBC Concept Gallery — Tbilisi — Risingland

Banking

Rico Express Issues $10 Million in Bonds with Support from TBC Capital

Bank of Georgia Expands International Banking Relations with Standard Chartered Bank

AGE S.A. Announces Agreement to Acquire Terabank and The Biltmore Tbilisi Hotel in Georgia

Ekaterine Mikabadze: Rising bond issuances on the Georgian capital market prove growing market confidence and investor interest

Tourism

Nearly 900,000 People Visited Georgia’s Protected Areas in Eight Months as Agency Revenue Rose 48%

Levan Karumidze Appointed Chair of the National Gastronomy Agency

Hecate's Garden – A New Conceptual Space Opens in Shekvetili

U.S. Embassy: Visa Bond Program Is Now Permanent in Georgia

Real Estate

Why Real Estate Continues to Win

“There Are Currently 87,000 Apartments Under Construction in Tbilisi” – Colliers Georgia

“December Demand Has Increased Tenfold – Buyers Are Focusing on One-Bedroom Apartments” – Irine Melimonadze

Tbilisi Apartment Rents Drop 11% Annually Amid Rising Property Sales – TBC Capital Review

Photo Gallery

World

MagazineNow

#321 COVID-19 and the Private Sector’s Challenges for Maintaining Staff

#320 Economy in Hostage to Medicine

#319 Closed Restaurants and Café-bars amid Coronavirus Spread

#318 How Coronavirus Affects Business and the Economy

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Coronavirus35 Ukraine32 wine31 TBC Bank23 review18 BOG14 Tourism14 World Bank11 GITA11 Startup10

“Hybrid and Electric Models Are the Most Popular Chinese Cars in Georgia”: Carmark

Georgia Proposes Raising Property Tax Threshold from ₾40,000 to ₾100,000

Mary Kokaia Appointed TBC’s New Marketing Director

Rodeo Joins the Redbow Events Ecosystem as a Technical Production Brand

TBC Introduces Georgia’s First Subscription Tracking Feature in Its Mobile Banking App

Last 7 Days Hot Topic

Bank of Georgia Issues $300 Million in 9.5% Capital Bonds 01

Raising Phage Awareness Amid Rising Antibiotic Resistance 02

Lileo - A New 4-Star Hotel and Winery Opens in Kutaisi 03

Business

Georgian Agri-Food Products Make Their Debut at SIAL Guangzhou in China

“Green Camp – Climate Ambassadors” to Welcome Its Sixth Cohort

Visa and Helio AI Partner in Georgia, Armenia and Moldova

Eagle Hills Signs Commercial Terms Agreement with the Government of Maldives for New USD 12 Billion Global Destination “Maldives Waterfront and Marina”

Startup

Georgian Startup Tasteit Becomes First from Georgia to Join Techstars USA

Georgian Tech Startup WeCharge Expands into the European Market

Georgian Startup KLIPY Raises $3.8 Million from Google’s AI Futures Fund and Other Investors

Georgian Innovation Hub BRID.GE Officially Opens in San Francisco

Wine

British Journalists Visit Georgia with Support from the National Wine Agency

Nearly 100,000 Tonnes of Grapes Processed in Kakheti as of 28 September

“The GEL 0.30 Price Applied to Grapes Unsuitable for Winemaking”

“99% of Grape Growers Produced Quality Grapes” — Levan Mekhuzla

Economy

Lasha Dolidze: Changes in Individual Indicators Do Not Reflect the Full Picture of Agricultural Sector Trends

Lasha Avaliani Participates in the WOAH Regional Commission for Europe Conference

Davit Songulashvili: “Our Goal Is for Georgia to Transition to a Modern Waste Management System”

“Our Goal Is to Ensure That Protected Areas Develop in Full Accordance with Nature Conservation Principles”

Culture

Ana Akhalaia: The Rising Value of a Georgian Artist

Kanye West to Perform in Georgia on June 12

Georgia Identified as One of the Earliest Cradles of Bread Wheat

Exhibition at TBC Concept Gallery — Tbilisi — Risingland

Banking

Rico Express Issues $10 Million in Bonds with Support from TBC Capital

Bank of Georgia Expands International Banking Relations with Standard Chartered Bank

AGE S.A. Announces Agreement to Acquire Terabank and The Biltmore Tbilisi Hotel in Georgia

Ekaterine Mikabadze: Rising bond issuances on the Georgian capital market prove growing market confidence and investor interest

Tourism

Nearly 900,000 People Visited Georgia’s Protected Areas in Eight Months as Agency Revenue Rose 48%

Levan Karumidze Appointed Chair of the National Gastronomy Agency

Hecate's Garden – A New Conceptual Space Opens in Shekvetili

U.S. Embassy: Visa Bond Program Is Now Permanent in Georgia

Real Estate

Why Real Estate Continues to Win

“There Are Currently 87,000 Apartments Under Construction in Tbilisi” – Colliers Georgia

“December Demand Has Increased Tenfold – Buyers Are Focusing on One-Bedroom Apartments” – Irine Melimonadze

Tbilisi Apartment Rents Drop 11% Annually Amid Rising Property Sales – TBC Capital Review

Photo Gallery

MagazineNow

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Bank of Georgia Issues $300 Million in 9.5% Capital Bonds
01

Raising Phage Awareness Amid Rising Antibiotic Resistance
02

Lileo - A New 4-Star Hotel and Winery Opens in Kutaisi
03