Courier service express delivery “New Post” (“Nova Poshta”)  enters the Georgian market. Along withGeorgia, it  launches operations in Moldova. “New Post”  will start working in Georgia in  test mode at the end of September. Jobs have already been announced. “We’ve chosen to work in Georgia because of the bureaucratic barriers are minimal here to open and conduct a business,” – said Chief Business Development Officer at  “New Post” Sergei Kovalenko. Georgia’s geographic proximity to Ukraine and  Moldova played its  role …

The Indian company “Transelectrica” is close to the completion of the process of land registration required for the construction of Khudon hydroelectric power station in the region of Svaneti – at this stage 90% of the land (about 1 400 hectares)  is already registered , negotiations with the Georgian government is …

An interview with Chairman  of the Georgian-Iranian Business Chamber Vano Mtvralashvili How high is the interest of Iranian businessmen to invest in the economy of Georgia, andwhether it is planned to invest in any big projects?  Recently, Iranian businessmen have not made large investments in Georgia, and this is despite the fact that the number of legal …

After Children’s Hospital of Infectious Diseases, thestate  begins rehabilitation of the “National Cancer Center”. Ministry of Health is looking for an investor to carry out the project. A tender for the Universal Medical Center  rehabilitation project located on Lisilake will be announced in the coming weeks. According to an advisor to the Minister of Health Kakha Zhghenti ,  the project will cost …

Today, the Dutch supermarket chain SPAR International opens its first three objects  in Tbilisi. The opening ceremony will be attended by the company’sInternational Business Development Director David Moore, the Minister of Economy George Kvirikashvili, Ambassador  of the Kingdom of the Netherlands to Georgia  Hans Horbach and “Foodmart” Director George Chubinishvili. The deal does not envisage the  purchase of …

An interview with the head of the Centre for Economic Policy Research Roman Gotsiridze Should we expect the budget problems in 2014,especially when  a budget shortage is observed due to  shortfall in international loans and grants? It is known that GEL 900 million left by the previous government as a reserve have saved last year’s budget. Without this, the budget would not havebeen executed due to lack …

A member of Parliament from the ruling party and the founder of a large pharmacy network “PSP” Kakha Okriashvili expresses discontent regarding the new regulations banning the purchase of more than 5 000 kinds of drugs without a prescription. “I think that the Ministry of Health took this decisionthoughtlessly, without a sufficient analysis of  the situation. In the end, the …

Government launches a new program with a total budget of  GEL20 million to support micro- business. It provides for the issuance of grants in the amount of GEL 5 000 to peasants, and grants in the amount of GEL 15 000 for small business entities, consisting of three people. Everyone who will decide to open a business in rural areas and invest in the project at …

Pharmaceutical companies will provide the Ministry of Health with the list of medications which need to be moved to the third group of medications being issued without prescription. The  Health Minister told reporters that  the list would be discussed at the Ministry today. “This is a current issue. I cannot see any limitation. …