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Daily Archives: December 15, 2014

GPI Holding Employed more than 100 People in 2014

GPI Holding is one of the most active companies in the employment market. During 2014 GPI Holding employed more than 100 people. According to the jobs search and recruitment agency hr.ge, GPI Holding is  included in the top five  leading companies on this indicator. According to Nino Khachapuridze,  the head …

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Airzena Responds to Georgia’s Economy Minister

Airzena responds to Economy Minister Giorgi Kvirikashvili. According to Iase Zautashvili,  Airzena Director General ,  the agreement signed between Georgia and Russia foresees  observance of flights parity between the two airlines. The agreement also states that neither side should be in dominated position. In his words, according to the agreement, …

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Azerbaijan invests more abroad

Azerbaijan’s net assets amounted to $7.9 billion in January-September 2014, the balance of payments as of the third quarter of 2014, published on the website of the Central Bank of Azerbaijan (CBA) Dec. 11, says. This amount has been formed through Azerbaijan’s direct investments ($1.206 billion), portfolio investments ($156.4 million) …

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German Bosch Preparing for a Construction Boom in Georgia

German Bosch plans to expand on the Georgian market. Director of Bosch in the  Eastern region  says  in an interview with Financial that due to increased construction activities in Georgia, in particular in Tbilisi, Bosch has decided to start operation of a new warehouse in Georgia. The new 1 600 …

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What NYC’s Most Famous Fictional Apartments Would Cost In Real Life

his story originally appeared at Supercompressor. Wikimapia Big $2.3 million 85 Grand Street, SoHo The building: According to Streeteasy, this building was one of the first co-op loft conversions in the neighborhood. The residential lofts are mostly all full-floor units that were originally sold as raw space. The Chrome Lens The apartment: “The …

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Georgia’s Perspectives for 40 Years by 5.1% Economic Growth

Georgia’s real economic growth is expected to hit 5.1% this year. According to the 2013 IMF indicators, Georgia ranks 114th in terms of GDP per capita. How long will it take to reach the current indicators of these? If Georgia maintains a 5.1% growth, in 2015 we will catch up …

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Who should build Khudoni HPP?!


Khudoni HPP is located in Georgia which enjoys a huge and currently to large extent underutilized hydro energy potential, which creates a unique investment opportunity in hydro sector. There are 26000 rivers in Georgia with total annual potential capacity equivalent to 15000 MW and annual generation potential of 80 Billion …

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Report by the Caucasus University Economic Research Center (Dynamics of net exports, major partner countries, exports in EU Countries, Influence on Economic Growth) In 2013 Georgia’s foreign trade turnover (excluding unorganized trades) marked 10 793million USD, up 5% compared to 2012, including exports constituted 2 908 million USD, up 22.4% …

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