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Daily Archives: December 22, 2015

Georgian Jewelry Companies Sum Up their 2015 in Business Terms

Local Jewelry companies sum up their 2015. Director of Baccarat says that compared to last year a reduction in sales was observed in 2015 due to drastic fluctuations in the currency exchange rate. However, Baccarat looks to the future with optimism and plans to open a new store in the …

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Georgian Businessmen Are Unhappy with Local Banking Sector

Georgian businessmen are unhappy with the local banking sector and voice a few remarks to Radio Commersant. Some businessmen demand the local banks to introduce a certain legislative framework restraining the banks information regarding the business activity of their clients. Georgian Beer Company founder Ceazar Chocheli says that there have been …

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Georgia to Hold Gas Supply Negotiations with Iran

According to, Georgia will  hold gas and electricity supply negotiations with Iran. Georgia’s Minister of Energy Kakha Kaladze said in response to a question whether negotiations on Iranian gas have been launched. “No negotiations have been launched but we plan to start talking over gas as well as electricity. Iran …

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Russia is Returned in the top-3 of Georgia’s Largest Trade Partners

As of January-November, 2015, the share of 10 largest trade partners has amounted to 64% in Georgia’s total foreign trade turnover. According to Geostat, Turkey remains as the biggest trade partner of Georgia, the volume of trade turnover amounts to 1,380 million USD. Then comes Azerbaijan – 725 million USD. …

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Bonds of Medical Corporation Evex have been alienated

Evex Medical corporation

15 bonds of EVEX were traded with code of $MCE01H. They have been alienated by the so-called fixing. Value on per bond totals to 1,011.07 USD. Respectively, total cost of the  deal is 15,166.05 USD. This is the first case, when the deal has been fixed on the bonds of …

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Georgia is Listed Among Best Places To Visit in 2016


Georgia has been listed among the best travel destinations in 2016 by travel magazine Travel and Leisure that has almost five million readers. The magazine offered its readers a list of 50 places with minimal budgets and different holiday options. “Consider the 50 incredible destinations on this list a road map for your …

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Humanity Georgia Enters Georgia’s Market With Ambitious Plans

Humanity Georgia

Company Humanity Georgia enters Georgia’s pharmaceutical market, data of business registry shows that company has registered in May 2015. According to director of the company Andrey Kuzma, Humanity Georgia will offer Georgia’s pharmaceutical market a wide range of drugs. Company representatives announce that first batch will be the frequent consumption …

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