Business

Georgian Sugar Produced by Agari Factory to Replace Imports by 50%

According to the minister of economy, Georgian sugar produced by Agari factory will replace imported sugar by approximately 50%, which will significantly affect the prices.

Government Determined Regulations for Indoor Cultural Events

The government has determined the duration of the events in the closed space.

Medical Tourism Development Starts in Poti - Rehabilitation Center to be Built in Maltakva

Within the frameworks of Maltakva development plan, the rehabilitation-medical center will be built on site. 

The Company Lazi to Offer its Customers Green Tea for the First Time

The company Lazi, which operates on 300 hectares of tea plantations plans to produce approximately 160 tons of production.

Second Hand Shops have Become more Expensive in Georgia

After a pause of several months, all types of shops and markets in Georgia have been opened.

Mikheil Khidureli: We have Unique Opportunity to Become New Relocation Target for Foreign Companies

According to the head of "Produce in Georgia", more than 400 companies have been identified and will try to transfer their labor force to Georgia in the conditions of relocation.

Crystal Confirms $8 Million Facility with INCOFIN IM advised IIV Mikrofinanzfonds

Crystal confirmed $8 million senior loan facility from Incofin IM advised IIV Mikrofinanzfonds to support its provision of innovative financial services to micro entrepreneurs and farmers across Georgia.

Adjara Group's Alternative Employment Program of the Udabno's Project

Currently, Adjara Group is in the process of reopening restaurants, bars, and hotels. The company had to temporarily put on hold due to the recent global developments.

Vienna Insurance Group has invested in APEIRON Biologics AG

APEIRON Biologics AG successfully performed its planned capital increase with subscription rights and private placement, raising EUR 11.9 million on 2 June 2020.