Business

Qatar Hypermarket Chain LULU Considers Opening a Trade Representative Office in Georgia

Lulu International, a chain of large shopping hypermarkets in Qatar, is considering opening a regional trade office in Georgia, - Deputy Minister of Environment and Agriculture of Georgia Nino Tandilashvili said during a working visit to Qatar.

SOCAR Georgia Petroleum Appointed a New CEO

SOCAR Georgia Petroleum has a new CEO. Nodar Kanchaveli was appointed to this position, having previously held the position of Director of Operations at the company.

MBC to Transfer 50,000 GEL to Help Ukrainian People

Micro finance organization MBC supports Ukraine and on behalf of its employees and shareholders to help Ukrainian people, already transferred GEL 50,000.

Iago's Winery: Good Wine's Store in Ukraine Completely Burnt Down, With $15 Million Worth Production

The founder of Iago’s Winery, Iago Bitarishvili spoke about the possible implications of wine business amid Russia's invasion in Ukraine.

McDonalds, Starbucks, Coke, and Pepsi Suspend Their Businesses in Russia

According to the ABC, McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric all announced Tuesday that they stop operating in Russia in response to the Russia's invasion of Ukraine. 

Tbilisi City Hall Hotline for Ukrainian Citizens in Georgia

Ukrainian citizens in Georgia can use the hotline service of the Tbilisi City Hall - 032 272 22 22 for assistance.

Akaki Saghirashvili Joins BAG

Akaki Saghirashvili has joined the executive team of the Business Association of Georgia, and will hold the position of First Deputy Executive Director.

Business Employed 8.1% More People Than Last Year

According to Geostat, in the fourth quarter of 2021, the number of employees in the business sector amounted to 693.4 thousand people, which is 8.1% more than in the same period last year.

Price of Wheat Hit Highest in 14 Years

The price of wheat on the US stock market has reached an all-time high. The price of a bushel of wheat (27.2 kg) on ​​the Chicago Board of Trade reached $ 13.63, which is a 77% increase in price this year alone.