Georgia-based gas filling stations name the State Oil Company of Azerbaijan (SOCAR) as the market monopolist. Previously, only small-sized gas filling stations used to express similar considerations. Now, even Wissol Group representatives assert engine gas prices are out of their control because of lack of market suppliers. Wissol Group President …

Armenia’s economic activity indicator between January and December of last year exceeded the indicator of the same period in 2013 by 3.9 percent. As “Armenpress” reports, the National Statistical Service of the Republic of Armenia has presented the preliminary major macroeconomic indicators based on a current and operative summary that shows the socio-economic situation in the …

French cinema star Alain Delon, who was once described as France’s answer to James Dean, will visit Tbilisi on February 12 to join a celebration dedicated to the 60th jubilee of Georgian opera singer Paata Burchuladze. It will be the first time Delon, 79, has visited Georgia. While here the actor …

Iran and Russia are planning to switch their bilateral trade to national currencies for which the states will create a joint bank or a mutual account, Iran’s ambassador to Russia, Mehdi Sanaei, has announced. “Both sides plan to create a joint bank, or joint account, so that payments may be …

Clothing brand  Mango officially enters Georgia. The stores unoficially operated under  Mango brand were closed for this reason. “Commersant” own source informs. The true Mango will be presented not only with  women but also men’s and children’s lines. As it is known, Mango  sold only women’s clothes in Tbilsi. “Commersant” …

According to the latest GEOSTAT figures, merchandize exports from Georgia decreased by 1.63% between 2013 and 2014. This is certainly not great news for the country, but does it imply that Georgian goods have become less competitive on the world market? Recent trade data suggest that this is not necessarily the case. …

Kristin Addis is a former investment banker who sold all of her belongings and bid California goodbye in favor of travelling solo throughout the world while searching for off-the-beaten path adventures. There’s almost nothing she won’t try and almost nowhere she won’t explore. Who drinks the most alcohol in the …

Out of twelve submitted applications, Georgia’s Commission of Government has revealed seven best ones to build Anaklia deep-water port. “The companies should provide their offers till Apirl 16, 2015,” Deputy Minister of Economy Irma Kavtaradze said. “Then we will choose two or three candidates and start negotiations with them. The …

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“WHICH SKI RESORT are you going to?” is a question often heard by watch writers after notifying friends of an impending trip to Switzerland in January. Ski resort! Will they ever learn? January in Switzerland means Geneva and the Salon International de la Haute Horlogerie, where 16 luxury brands strut …

We see all kinds of office politics – the good, the bad, and the ugly – in family-owned businesses. Families can be intensely political organizations, and non-family executives must know how to play politics both in the business itself and in the dangerous borderland between the business and the family. …

Surfing the Web and checking in on social media does not stress people out, a new study from the Pew Research Center shows. In fact, women who regularly tweet, email and post photos on their mobile devices are 21% less stressed, the study of 1,801 adults reveals. “When we were …