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Daily Archives: October 2, 2015

Monthly Inflation Rate Amounted 1.1% in Georgia

In September 2015 the monthly inflation rate in Georgia amounted to 1.1 percent. The following table shows percentage changes in prices for the commodity groups of the consumer basket as well as the relevant contributions to the overall inflation rate, Georgia’s National Office of Statists writes. The monthly inflation rate …

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Azerbaijan, Turkey to speed up TANAP implementation

Azerbaijan and Turkey will speed up the implementation of the Trans-Anatolian gas pipeline (TANAP) project construction, Turkish President Recep Tayyip Erdogan said, TRT Haber TV channel reported Oct. 2. He also stressed the importance of TANAP project and the need for its implementation. Earlier, Erdogan said that Azerbaijan is ahead …

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In UN Speech PM Says Georgia’s ‘Future is Bright’

Addressing the UN General Assembly on October 1, PM Irakli Garibashvili said Georgia’s “future is bright” and highlighted, as he put it, “progress in every policy area” made by the government. In a 20-minute UN speech, his second one since taking PM’s post two years ago, Garibashvili spoke on issues …

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Rare Sketches from Georgia’s First Animation Film Found

A rare sketch from the country’s first animation film has been discovered and donated to Tbilisi’s Art Palace for future safekeeping. The simple sketch for the 1935 film Argonauts (Argonavtebi) – a black-and-white animation based on the ancient Greek legend about a group of travellers visiting Georgia’s historical Black Sea …

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A Multi-Clinic Innova Opens in Tbilisi with Support of Bank of Georgia

Tbilisi, October 1, 2015 – a new multifunctional clinic Innova opened on Sandro Euli Street #7. The clinic’s main areas of work will include neurosurgery, gynecology, traumatology, and general surgery. The head of Innova Giorgi Kipiani addressed the gathered audience on the opening day of the clinic. “We are very …

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Samsung may be about to Have it’s Own Volkswagen Scandal

Independent lab tests have found that some Samsung TVs in Europe appear to use less energy during official testing conditions than they do during real-world use, raising questions about whether they are set up to game energy efficiency tests. The European commission says it will investigate any allegations of cheating …

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Russia’s Gazprom Starts Gas Supply to Azerbaijan

Russia's Gazprom Starts Gas Supply to Azerbaijan

Russia’s Gazprom started supplying gas to Azerbaijan on September 29. The average volume of supplies totals about 6 mln cubic meters, says the information of Gazprom. Gas is supplied in accordance with the purchase-sale agreement signed for a five year period in September of this year with possible extension of …

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Goodwill Opens a New Outlet in Batumi


Goodwill opens a new outlet  in Batumi. The branch will be opened on October 15 and will be located on the area of 2 400 square meters. As Goodwill Director Irina Kosashvili  states to CBW,  a similar  object has not existed in Batumi before. “It will be quite large and …

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Georgia Sees Modest Economic Growth


Economic indicators show a growth of 2.3 percent in the Georgian economy in August of 2015 compared to August of last year. From January to August 2015, the economy grew by 2.8 percent. The central government’s budget, however, dropped significantly in August from the previous month’s totals. In August 2015, …

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Return of KazTransGas-Tbilisi to the Kazakh Side may be Postponed Again

A return of the Tbilisi gas distribution company KazTransGas-Tbilisi under the control of the Kazakh side can again be postponed. Georgian Deputy Energy Minister Mariam Valishvili told  Trend News. “The term of office of the Georgian commission managing the  company, expires on  1 April. But, most likely, the period will …

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Coffee Crisis: The World Needs 50 Million More Bags of Beans

The coffee-drinking world needs another Brazil, the world’s top grower and exporter of the beans, if it’s to avoid a shortage. Rising consumption, especially in emerging markets, means global production will have to rise by an extra 40 million to 50 million bags of coffee in the next decade, saidAndrea …

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Internet and Mobile Bank Lottery from TBC Bank

TBC bank

On 1.10.2015 TBC  bank offers one more lottery to  the  customers  using internet  banking. The customers  who use  TBC  internet banking service  are provided  with an opportunity to get involved in  the  lottery  and win nice prizes. The luckiest  customer,  who  uses  internet  and mobile  banking, will  have  an opportunity …

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