Kula plans to open a new plant for canned meat production. The project was inaugurated in Gori today, on October 5. The company director Vano Gogiladze told Business Course, the company has already invested 1.5mln USD in production and plans to add 1mln USD in the future. The company will …
Read More »Daily Archives: October 5, 2017
The Most Popular Georgian Wine Varieties
In January-September 2017 Georgia exported 52.7mln bottles of wines (in 0.75 L) to 45 countries, up 63% year on year. In the reporting period, the total exports value made up 116mln USD, up 55% year on year. According to indicators of National Wine Agency, exports have increased in the following …
Read More »EU Representatives will Discuss about Georgia in Brussels
EU representatives will discuss about Georgia In Brussels, – “Estonia is a compromising option for Georgia, Ukraine and Moldova’s European aspirations,”Ricardo Yozovac, correspondent of Radio Liberty said “On Wednesday, EU ambassadors will discuss” Eastern Partnership “issues. Estonia is a compromise option for Georgia, Ukraine and Moldova’s European aspirations, “- wrote …
Read More »Lasha Papashvili Names New Date of Hotel Construction Start in Abastumani
According to businessman Lasha Papashvili, construction of a high-level hotel in Abastumani will start in the next month. According to him, $ 10 million is being mobilized at this stage, which is enough for construction. However, negotiations are also held with TBC Bank and the EBRD in order to mobilize …
Read More »9 100 000 GEL is Allocated for the Batumi buses project From the Budget
In order to ensure uninterrupted functioning of municipal transport service in Batumi,9 100 000 GEL is invested in modern standard (euro 5), electric buses. Project donors are: E5P and EBRD. According to the 2018 program part of the state budget, the total cost of the project is 30 million GEL, …
Read More »German Pozankov about Solutions to Complex and Complicated Cyber Threats
Trend Micro Incorporated hosted Information event dedicated to security trends and the problems regarding to information safety and critical infrastructure. We had an interview with German Pozankov (Regional Director Trend Micro in CIS, Georgia, Mongolia) one of the speakers of the event. What are the trendiest innovations to avoid cyber-attacks or to fight …
Read More »50-Tetri Coins of 1995 Issuance to Lose Legal Force in 2018
Under the National Bank’s resolution N5 passed on October 4, 2017, starting January 1, 2018, coins of 50 Tetri nomination issued in 1995 will lose legal force for payment. The so-called Golden 50-Tetri coin comprises a griffon image and the inscription of TETRI on the head side, while on the …
Read More »The British Georgian Chamber of Commerce is 10 years old
Today, at 17:00 the British Georgian Chamber of Commerce (BGCC) celebrates the 10th anniversary in Regus (Leonidze Business Center). Lord Cromwell, one of the founders and partner arrived in Georgia specially for anniversary event. The event will be attended by members of the diplomatic corps. The British guest, who is …
Read More »Commercial Banks Invest 30 million GEL in Short-term State Securities
Commercial banks have invested 30 million GEL in short-term state securities. A total of 8 commercial banks took part in 1-year T-bill auction of Ministry of Finance. The demand constituted 88mln GEL, three times more compared to the supply. Averaged weighed interest rate totaled 7.13%. This year commercial banks record …
Read More »International Dermatological Clinic Kani CSR Campaigns Against Several Diseases
Clinic “Kani” is leader dermato-venereal clinic in Transcaucasia. The clinic is special among others for its newest German diagnostic equipment for skin and moles, also for its international standards of treatment. Since 2014 clinic is constantly developing and enlarging. At this time branch offices are located in Tbilisi, Batumi, Kutaisi and Marneuli. …
Read More »Magic Wash – Georgian Startup of Contactless Car Wash
New car washing-house- Magic Wash has opened on September 20, at the beginning of Aghmashenebeli Alley, the concept of the place is to receive automatic, contactless service. A human is not involved in the process, special facility washes not just the surface, but also underneath of a car. The founders …
Read More »Maia Zavrashvili Appointed As Deputy Minister of Environment And Natural Resources Protection of Georgia
Ministry of Environment and Natural Resources Protection of Georgia has new deputy Minister, Maia Zavrashvili. According to the Ministry, Maia Zavrashvili was the first deputy head of the National Environmental Agency after the Ministry of Finance, Education and Science, Regional Development and Infrastructure of Georgia. Maia Zavrashvili is a Doctor …
Read More »