Business

Negotiations Between Georgia and Turkey on Expanding a Free Trade Agreement are Underway

Negotiations on expanding a Free Trade Agreement with Turkey are underway.

The Georgian Beer Company Exports to Exceed Pre-panemic Levels by 34%

The Georgian Beer Company improved its pre-pandemic export rates by almost 34%.

Head of Retail Group on Challenging Year and Expectations for 2022

Rezo Magalashvili, Head of Retail Group Georgia, looks back on the year 2021 and discusses the company's plans for the following year.

Retail Group Georgia to Focus on Strengthening Online Platforms in 2022

Retail Group Georgia is negotiating entry into Georgia with several international brands, including brands of women's clothing, footwear, cosmetics and sports accessories.

Galleria Tbilisi is Planning Large-Scale Project and Introducing New Brands

Galleria Tbilisi is considering the entry of new brands in 2022. The company plans to implement a new, large-scale project next year.

Ifani Expands Business with the Support of Bank of Georgia and USAID Program

In cooperation with the Bank of Georgia and USAID Economic Security Program, about 20 Georgian companies have already been involved in the light industry development project.

Entree Plans to Open Two New Branches in London

Bakery Chain Entree plans to open two additional branches in London in the spring of 2022. 

Partnership Fund Ended 2020 with Net Profit ₾3.7 Million

The Partnership Fund's net profit in 2020 was 3.7 million GEL, with an operating profit of 9.8 million GEL, according to the international audit firm KPMG, which concluded the fund's financial audit in 2020.

Ilia Gepheridze on Challenges Gepherrini Faced in 2021

Ilia Gepheridze, Founder of Gepherrini, spoke with CBW about the year 2021 and their plans for the future year. Gepherrini is a Georgian brand that makes handbags, shoes, wallets, and other accessories.