“The gas storage facility project is very important for our country. This will be a strategic object, which is also socially useful. The gas storage will accumulate the amount of gas that will be enough for people’s consumption during the peak of cold winter,”said Nino Enukidze, the Deputy Minister of …
Read More »Daily Archives: August 24, 2018
Germany will Build Energy Terminal to Reduce Dependence on Russia
‘We cannot suspend cooperation with Russia in the field of oil and gas”, Chancellor of Germany Angela Merkel noted at her meeting with Georgian Students at Tbilisi State University. Today, Russia supplies cheaper natural gas compared to other countries, Merkel said. “We keep economic relations with Russia for tens of …
Read More »Ukraine Marks Independence Day
Independence Day of Ukraine is celebrated annually on August 24 to commemorate the Declaration of Independence from the Soviet Union in 1991. It is a day for remembering the country’s heroes who fought and died to gain their country’s sovereignty. Among the usual activities held to mark the day are parades, concerts, …
Read More »German Investors: Georgia Provides Favorable Business Environment
Thomas Bareiss , the parliamentary secretary of Ministry of Economy and Energy of Germany, positively appraises perspectives for development of Georgia-Germany economic relations. The German official made this statement at the Ministry of Economy and Sustainable Development of Georgia, where he met with Deputy Minister Genadi Arveladze and Enterprise Georgia …
Read More »Germany to Finance Water Supply Project for Adjara Region Villages
As part of German Chancellor Angela Merkel’s visit to Georgia, German and Georgian officials will sign loan and grant agreements on financing water supply and sewage system program for Adjara Region villages. The agreement will be signed by Georgian Finance Minister Ivane Machavariani and Olaf Zimelka, head of KfW department …
Read More »Thomas Bareiss: Deutsche Bahn is Interested in Cooperation with Georgia
Parliamentary Secretary of the Ministry of Economy and Energy of Germany Thomas Bereiss made a special emphasis on the visit of the executive director of “Deutsche Bank” to the prospect of cooperation between “Georgian Railway” and “Deutsche Bank” . ”This will be very important move as Georgia, with its location, …
Read More »Reuters Says After Trump Attack on Russia ties, Merkel Eyes Azeri Gas
“Castigated by U.S. President Donald Trump as relying too much on Russian gas supplies, German Chancellor Angela Merkel heads to Azerbaijan this week to discuss the development of a southern pipeline to deliver gas to Europe from the Caspian,” Reuters reports. The visit underscores Merkel’s openness to finding alternative sources …
Read More »Georgia and Germany to Sign Agreements of 193 million EUR
“I paid my last visit to Georgia 10 years ago, when the ceasefire agreement was signed. 10 years have passed and I reaffirm my support to the territorial integrity of Georgia”, Chancellery of Germany Angela Merkel noted at the briefing of Government of Georgia. It is important that Georgia and …
Read More »Extended Meeting Held Between Chancellor of Germany and Prime Minister of Georgia
Meeting between the Prime Minister of Georgia and Chancellor of the Federal Republic of Germany was followed with negotiations in the extended format with the engagement of government officials of both countries. Discussions were predominantly related to the cooperation between Georgia and Germany in bilateral and multilateral formats in the …
Read More »Angela Merkel: We can’t Refuse to Cooperate with Russia in Oil and Gas Direction
“Germany wants to have good relations with not only Georgia and Azerbaijan but also with Russia,” German Chancellor Angela Merkel said at the meeting with students in Tbilisi. Student’s question was about West Energy Politics and the relationship with Russia in this regard, which Merkel said in reply: “Russia plays …
Read More »Angela Merkel: We Would Like to See More German Investments in Georgia
Mamuka Bakhtadze, Prime Minister of Georgia hosted Angela Merkel, Chancellor of the Federal Republic of Germany at a meeting upon her arrival within the scope of an official visit of the German leader. Head of the Government of Georgia expressed his gratitude to the Chancellor of Germany for the official …
Read More »Georgia Capital Buys Rest of Winemaker Kindzmarauli Marani
Georgia Capital (BGEO Group) announced the buyout of the remaining 39.5% equity stake in Kindzmarauli Marani on Wednesday. The London-listed firm said that, following its acquisition in April, it held a 60.5% indirect interest in Kindzmarauli through a locally-established special-purpose vehicle. “Georgia Capital expects that the purchase of the minority stake …
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