Business

Vegan Cuisine Namu to Open 2 New Branches

Vegan cuisine "Namu" opens two new branches this year. Ana Tikaradze, the founder of Vegan Cuisine, says that the company will invest a total of about $ 100,000 in both branches.

Lasha Papashvili: Expenses of Hotel HILTON Exceed the Income at this Stage

The first hotel of the Hilton brand is operating despite the pandemic in Tbilisi, however, in the current situation, the costs exceed the income.

Gabriadze: We Expect 25 Million Investment this Year within the Famework of 'Film in Georgia'

The program "film in Georgia" continues in 2022 with an updated design. Irakli Gabriadze, Deputy Director of Produce in Georgia, explains to Business Partner that they expect to invest GEL 25 million in the program this year.

Central Transport Hub to be built in Bakuriani - Project Cost 17 Million GEL

A central transport hub will be built in Bakuriani. Invitation for the tender The Municipal Development Fund has already announced that the estimated design-construction purchase is ₾17 million.

₾50 Million Investment and Entering Asian Markets- KTW Group’s 2021

As the founder and CEO of KTW Group Zurab Chkhaidze explains, despite the pandemic period, the year turned out to be successful.

Agency for Innovation and Technology Opened a Tech Park in Ozurgeti

Tech Park is a space where technological, educational and professional resources are gathered and is a platform for the development of businesses based on innovation and technology.

Metro Holding Invests $ 250 Million in Building a Tech Park in Batumi

"Metro Holding" is working on another large-scale project in Batumi. Their current project is "Tech Park - Batumi Free Economic Zone" on Gogoli Street. 

Noste Expands Production and Opens New Stores with 15 Million Investment 

Georgian Poultry Production (GPP), which is positioning itself on the market under the Noste brand, plans to double its production volume by investing GEL 15 million in 2022 and increase the number of sales outlets.

Silknet's $ 300 Million Bonds were Assigned B Rating by FITCH RATINGS

Fitch Ratings has assigned an expected B (EXP) rating to Silknet's $ 300 million subordinated bonds. Fitch notes that it is possible to increase the recovery rating to RR4.