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Monthly Archives: February 2019

Prime Minister Returns 17th Century Painting to Dresden Gallery

On Germany’s invitation, the Prime Minister of Georgia visited the Dresden Gallery to attend the depositing ceremony of Still Life with a Hare, a 17th century painting by Pietro Francesco Cittadini, which the Prime Minister of Georgia handed to Chancellor Angela Merkel of the Federal Republic of Germany during her …

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Vazil Hudák: Priority Issue is to Attract Foreign Direct Investments to Georgia

Minister of Economy and Sustainable Development George Kobulia held a meeting with the Vice-President of the European Investment Bank, Vazil Hudák and the accompanying delegation. Deputy Ministers of Economy and Sustainable Development Natia Turnava and Ekaterine Mikabadze also attended the meeting. Investment portfolio of the European Investment Bank in Georgia …

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Russian Threats in Georgian Economy

Several days ago, government offices published statistical indicators, that, at a glance, seem encouraging. Namely, despite negative forecasts and swine flu, in January 2019, the tourist inflow to Georgia rose by 18% year on year. Moreover, it is reported that agriculture product exports have grown, and  exports totaled 935 million …

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Georgia’s New History in 30-year Biography of ARCI (Part III)

The stories that ARCI company has passed through reflect the 30-year history of Georgia. These stories are full of admiration, bravery, doubts, fear, risks, devotion, misery, feeling of despair and achievements – ARCI has turned 30. When the company made the first steps, architect Irakli Rostomashvili, the founder of “Arci”, …

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Gulf Company to Care for Street Dogs

GULF company has decided to arrange special infrastructure – kennels for homeless dogs at 20 refueling stations. The kennels will be made of special material fitting the winter conditions. Moreover, the company will also provide food and full veterinary services for street dogs. Nincho Jibladze, GULF vice president: At this …

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Mamuka Khazaradze: Commercial Bank is not to Fund Startups

A commercial bank is not an institution that funds startups, TBC Bank co-founder Mamuka Khazaradze noted when delivering his speech before students of University of Caucasus. “Regretfully, nobody talks about the main thing that is required for launching these startups. Everybody points to commercial banks. The bank is not an …

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