Business

New Sports Complex to Build in Akhaltsikhe

Financed by Asian Development Bank, Sports Complex will be built in Akhaltsikhe. 

Georgian Brand Nair Nairi Plans to Export to Azerbaijan and Germany

Georgian brand Nair Nairi, which makes socks, laces, and T-shirts with different designs, plans to export its products despite the pandemic. 

Hotel IBIS Stadium Tbilisi Closed Until March 2021

The project of 3 and 5-star hotels on Aghmashenebeli Avenue is suspended as a result of the pandemic. 

American Company Builds Bakhvi Hydroelectric Power Plant in Guria

The American company will build Bakhvi 1 hydroelectric power plant in Guria. The memorandum with the investor was signed today.

Restaurant Ninia's Garden to Open in Tbilisi - Open Space Accomodates 150 Guests

Another place will be added to Tbilisi in September, where guests or locals will be able to taste Georgian and European dishes.

Regulator Imposes Third Fine on Caucasus Online

The Georgian National Communications Commission (GNCC) has fined Caucasus Online for the third time.

Georgia Healthcare Group Sells 40% equity Interest in High Technology Medical Centre University Clinic

On 19 August 2020, GHG signed a Sales and Purchase Agreement to sell a 40% equity interest in High Technology Medical Centre University Clinic

Zviad Tsikolia Starts Production of First Georgian Wristwatch Brand MARINA

The first wristwatches will be assembled in Georgia and will be called after the spouse of Zviad Tsikolia - MARINA.

European Ferring Pharmaceuticals Interested in Starting Business in Georgia

European pharmaceutical company Ferring Pharmaceuticals is interested in starting a business in Georgia.