International travelers of 6,954,932 visited Georgia through 11 months; the rate is 1 million more (18.4%) comparing to the previous year. According to the Ministry of Internal Affairs, the number of visitors, who stayed 24 hours and more in Georgia, amounted to 3,243,963. The figure is 701,371 more comparing to …

Leading resource for business intelligence in the foodservice industry, Nation’s Restaurant News has published an article listing eight food and drink predictions for the year of 2018, one of which is Georgian wine. Every year, NRN senior food editor Bret Thorn shares his food and beverage predictions for the coming 12 …

Larization program is not to stabilize GEL exchange rate, National Bank President Koba Gvenetadze noted at the parliament’s finance and budget committee meeting. “Government has carried out the social program of Larization with the technical support of NBG. Expediency of the social program may be always disputable”, Koba Gvenetadze said. …

Vaziani has been awarded at one of the world’s most influential competition – International Wine Challenge (IWC) 2018, which is held annually in London. All types of Vintage 2016 Qvevri wines presented by Makashvili Wine Cellar were awarded with medals – Gold for Mtsvane, Silver for Khikhvi and Kisi, Bronze …

 Today another branch of Terabank has been renewed by the Concept of Financial House. Terabank’s Gldani branch moved to the new address # 17 Khizanishvili. The renewed branch network is fully compatible with the Bank’s main message: “My Financial House”. Terabank branches offer simultaneous home coherence, qualified financial advice and …

STARTUP FACTORY ACCELERATOR is the STARTUP FACTORY’s program of the innovation center of the University of Georgia, created for the teams which are motivated to create their own products in a short time and get out of the market. The appellation period is 3 months, during which startups will get …

The World Bank (WB) has allocated additional financial resources for East-West highway corridor improvement. Government of Georgia and IBRD have signed an agreement on Additional Financing of East-West Highway Corridor Improvement Project. The document was signed by Minister of Finance Mamuka Bakhtadze and WB regional director in South Caucasus Merci …

Regus, international provider of services offices worldwide, has entered the Georgian market. The company offers comfortable and ideal working environment, adapted to consumer needs on Freedom Square in Tbilisi, the most prestigious, active and dynamic part of the capital city (address: Leonidze Street N2, Business Center Tabidze 1, 4th Floor). …

Georgian national authorities and representatives of the Energy Community Secretariat recently met in Vienna to finalise the country’s new Energy Law. Agreement was reached on the majority of the law’s provisions. The main and final goal is to ensure its compliance with the Third Energy Package. The discussion mainly focused …

Short animation film by Georgian director Ana Chubinidze, “The Pocket Man” is the winner of International Animation Festival in Brazil. “The Pocket man” has won several festivals and received public recognition during this year, including Annecy International Animated Film festival. The film is about little man who lives in an old …

Giorgi Kadagidze has been appointed an acting dean of Iliauni Business School. He will occupy the position of a dean after the official competition. Today, the board voted for his candidacy on the position of an acting dean. Before, the mentioned position was occupied by Nino Pataraia, who will lead …

“Poti Seaport makes the Black Sea corridor development perspectives questionable”, Minister of Transport Merab Adeishvili wrote on his own Social network page. Cargo turnover in the Black Sea seaports made up 500mln tons in 2016, he said. Novorosiisk – 131.4mln tons; Constanza – 46.2mln tons;  Iujni – 39.2mkn tons; Kavkaz …