Business

EBRD Allocates €3 Million Loan to Gebrüder Weiss for Logistics Terminal Expansion Near Tbilisi

The European Bank for Reconstruction and Development (EBRD) has granted a €3 million loan to Austrian logistics company Gebrüder Weiss for the expansion of its logistics center near Tbilisi.

Foreign Investment at Risk: DWV Head Forewarns Impact of New Legislation in Georgia

Sascha Ternes, head of the German Economic Union (DWV), has expressed concern over the draft law on "transparency of foreign influence," highlighting the surge in investor inquiries and potential negative impacts on investment.

Tornike Darjania on the Electric Future: "Invest Now, the Demand for Electricity Will Only Grow"

During an appearance on the "Business Partner" program, Tornike Darjania, head of the Solar Energy Development Association, discussed the inevitable shift towards electric vehicles and the broader electrification of heating and transportation.

"Lack of Qualifications and Education in Agriculture is Alarming," Says Luka Vardosanidze

Luka Vardosanidze, a representative from the company "Despani," expressed concern over the lack of qualifications and education in the agricultural sector, particularly in beekeeping, during his appearance on the "Business Partner" program.

Georgian Billionaire Acquires Majority Stake in English Football Club Wycombe Wanderers

Georgian billionaire Mikheil Lomtadze has purchased 90% of the shares in the English professional football club Wycombe Wanderers, according to an announcement on the club's official website.

Coal Production Reaches One Million Tons in Four Years Due to Enhanced Mining Operations

Over the past four years, through comprehensive mine rehabilitation and enhanced working conditions, the rate of coal extraction has seen significant improvements.

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine

The Japanese cafe Fumfula is expanding its presence in Tbilisi, opening a new branch to cater to the growing demand for Asian cuisine in the Georgian market.

Tbilisi to Build New 70,000-Seater Stadium for Football and Rugby

A new stadium designed to accommodate 70,000 spectators will be constructed in Tbilisi, announced Prime Minister Irakli Kobakhidze during a government meeting today.

Levan Lepsveridze Joins Jury at Cannes International Festival

Levan Lepsveridze, the esteemed Creative Director at the advertising company Leavingstone, has been selected as the jury member of the internationally acclaimed Cannes Lions Championship.