Silknet Successfully Priced a USD 300 mln Eurobond
The Eurobond volume is USD 300 mln with coupon rate of 8.375%, maturing in 5 years. The joint lead managers of the deal are TBC Capital, J.P. Morgan, and UBS Investment Bank.
Sweeft Digital has Acquired Digital Marketing Agency Elliot
Sweeft DIgital has acquired the Georgian digital agency ELLIOT and plans to enter international markets in the field of digital marketing in the near future.
Orbi Group Starts Construction Works in Bakhmaro in Spring
Orbi Group will start large-scale construction works in Bakhmaro this spring.
Stadler May Build a Train Manufacturing Factory in Georgia
Georgia may purchase new passenger cars from Stadler.
Owner of Stadler, Peter Spuller discussed the matters of train manufacturing possibilities with the Prime Minister of Georgia, Irakli Garibashvili.
Piel Naturals Launches New Product Made from Georgian Grapeseed Oil
Piel Naturals, a manufacturer of 100% natural care products, created a new production line from Georgian grapeseed oil.
Ronny's Pizza Postpones Opening of Restaurants in Kutaisi and Batumi
Eric Binder, the co-founder of Ronny's Pizza noted that the pandemic has hindered the development and expansion plans.
Kanda Agriculture to Expand its Business
Kanda Agriculture will plant almond trees on 100 hectares in partnership with the Bank of Georgia.
New Project to Launch in Tkibuli with $1.2 Million Investment
The owner of Tkibuli Mountains Tea, Levan Tskipurishvili plans to arrange a tea processing plant, degustation center a 4-room hotel in Tkibuli. According to him, the total amount of the investment is $1,2 million.
Team Up Enters Swiss Market
The company Team Up will enter the Swiss market in the first quarter of this year. Currently, the company is negotiating with several Swiss companies and recruiting remote teams for them.
