A bus assembly plant is planned to be built in Georgia. At this stage Ministry of Economics is holding negotiations with several international, including Swedish and Polish, companies. According to Deputy Minister of Economy Keti Bochorishvili, they are in active talks with the companies and specific information will be known in …
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An interview with a business coach Robbie Steinhous Whether Georgia can draw attention both in terms of culture and economy? Georgia has a very interesting culture, and in my opinion it is necessary to spend more to preserve the historic appearance of Tbilisi. Maybe it will not be investing in …
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Work on the amendments to the law on facilitation of a free tourist zone development is still underway. Ministry of Economy will submit the bill to Parliament in the spring session. The Ministry expects that next year changes will already be enacted that will give investors additional terms to fulfill …
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Ordering food online keeps growing in demand. The German brand “foodpanda” stepped in Georgia the past spring with great ambitions. Foodpanda is a customer needs-oriented company using advanced technological novelties, like its smartphone app, to make food ordering simpler and more fun, ensuring user comfort. After updating the app to …
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In Georgia, Fuel is Sold at a Profit of GEL 0.82 The lower 2015 price forecast reflects significantly looser global oil market balances over the first half of 2015 compared with last month’s forecast. Decline in global fuel prices has not yet affected Georgian prices and this subject has become …
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TAV Construction has become the world’s largest company in the airport construction sector with a turnover of $1.25 billion, according to the latest report of the Engineering News Record (ENR), the Turkish company said in a written statement Dec. 19. “One of the respectable publications of the sector, Engineering News …
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According to Retronaut, this is an image of the first ever advertisement for coffee, in England circa 1652. Little has changed in the coffee business since its launch. The seller, Pasqua Rosee of St. Michaels Alley in Cornhill, promised: “It will prevent Drowsiness, and make one fit for Busines, if one have …
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Access Microfinance Holding AG AccessHolding, responsAbility Investments AG responsAbility, Triodos Investment Management BV Triodos and VisionFund International VisionFund announce that the sale of VisionFund’s microfinance institution in Georgia, Microfinance Organization Credo, Credo, to a consortium of social impact investors comprising AccessHolding and funds managed or advised by responsAbility and Triodos, …
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The Russian president, Vladimir Putin, has invited the North Korean leader, Kim Jong-un, to Moscow next year to mark the 70th anniversary of the Soviet defeat of Nazi Germany in the second world war, the Kremlin’s spokesman said on Friday. It would be Kim’s first foreign visit since taking the …
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Wheat exports from Russia to Georgia have been suspended. President of the Grain Growers Association states “Commersant” that Rosselkhoznadzor imposed restrictions on wheat exports due to the non-issuance of a phytosanitary certificate, including Georgia. According to Levan Silagava, the Russian Grain Union has already begun negotiations with the Association, and …
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According to Vice-Speaker of the Parliament of Georgia Manana Kobakhidze, to solve the problems of debtors on mortgage through the budget is impossible. “People for various reasons found themselves in a difficult situation, and the state cannot interfere in relations between individuals, debtors and banks. This problem cannot be resolved …
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