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Daily Archives: October 14, 2014

KOVZANADZE FINDS DIFFICULT TO SELECT DIFFERENT MODEL FOR PARTNERSHIP FUND

Irakli Kovzanadze considers that it’s difficult to in a significantly different model from Partnership Fund to create a state fund or corporation. Executive director of Partnership Fund Irakli Kovzanadze stated about it on Thursday, on the commenting of Development of Financial Corporation bill. Kovzanadze considers that considering double deficit of …

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ARCHI GROUP: PROHIBITION OF NONPROFILE

Archi Group considers that  prohibition of non-profile ownership to the commercial banks is important and beneficial. As director general of the company Ilia Tsulaia states, if the regulator establishes such restriction, all companies working in development business will be in equal conditions and healthy competition will be created in the …

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New chance for Azerbaijani companies to expand markets

The agricultural products of Azerbaijan’s various companies are demonstrated at the 16th Russian agricultural exhibition ‘Golden Autumn 2014’, which is underway in Moscow on October 8-11. The news was announced by Azerbaijan’s Economy and Industry Ministry. Fourteen Azerbaijani companies engaged in the sale of fruit and vegetables, a variety of …

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IMF forecasts Azerbaijan’s GDP growth in 2014 at 4.5 pct

The International Monetary Fund (IMF) forecasts Azerbaijan’s GDP growth at 4.5 percent in 2014 and 4.3 percent in 2015. This was noted in a report on the prospects for development of world economy – World Economic Outlook – published on IMF’s website on October 8. According to the fund’s previous …

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Country’s economic indicators positive, President Aliyev says

Azerbaijani President Ilham Aliyev said the economic indicators of the first nine months were very positive. He made the remarks at a meeting of the Cabinet of Ministers dedicated to the results of socio-economic development in nine months of 2014 and future tasks on October 8. The president said since …

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“RMG” Answers Allegations Posed by the National Party

“’Rich Metals Group’, which represents the unity of ‘RMG Gold’ and ‘RMG Copper’, is issuing an official statement and answering the National Party and its representative, Givi Targamadze, regarding allegations he voiced at a press conference on October the 6th. According to Givi Targamadze, ‘Lengthening the license term for RMG …

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DIRSI Demonstrates Impressive Results

The housing sector in Georgia has taken second breath. The 2008 to 2012 crisis has been overcome. The times when development companies used to collect money from customers for incomplete apartments have been also passed. The customers have changed their approaches, preferences and needs. They have become more cautious and …

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Cocktails being prepared from Natakhtari Beer

Company Natakhtari has been equipping barman schools of vocational institutions and colleges with beer pouring equipment, special vessels and the other required materials, so that future barmen can better acquire the barman’s profession and equipment treatment skills, which will ensure better servicing customers at bars, pubs or restaurants in all …

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Tbilisi Hosts Diaspora Economic Forum

On October 13 Sheraton Metechi Palace hosted the Diaspora Economic Forum organized by the State Ministry for Diaspora Issues. CBW has interviewed Georgian State Minister for Diaspora Issues Gela Dumbadze over the Forum agenda and relevant issues. The Diaspora Economic Forum is an entrance event to the Global Diaspora Week …

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AppIdea Revolutionary company that realizes your digital dreams Company that creates opportunity for the people from all over the world to virtually realize their ideas

Interview with the founder of “Appidea” Mikheil Chkhartishvili – How did you get the idea about founding “Appidea”? – When I graduated from Regent’s University, my friends and I began to think big about an enterprise we could dedicate ourselves to – thus the idea of trying our forces in …

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