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Monthly Archives: December 2015

Lado Gurgenidze will Remain Chairman of Liberty Bank for One More Year

Lado Gurgenidze will remain at Liberty Bank, according to news agency GBC. On December 18, Georgia’s Liberty Bank will hold a shareholders meeting to renew the contract with Lado Gurgenidze as the Chairmain of the Board and plans to remain as Chairman of Liberty Bank for 1 more year. The shareholders meeting …

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Toyota Unveils Regional Training Center of Great Importance in Tbilisi

Toyota Tbilisi

Toyota’s official training center was unveiled at Kindzmarauli Street 5, Tbilisi on November 27. To celebrate Caucasus’ biggest training center launch, Toyota Caucasus, the Toyota’s official representation in the Caucasus region held a solemn reception. To ceremony was attended by heads of Toyota training divisions from European head office, which …

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Ephrem Urumashvili: Bitcoin is the Least Risky Crypto Currency

Efrem Urumashvili

The present-day finance system is actualizing the technology of crypto currencies. Fortunately, Georgia is zealously pursuing the development of this innovative technology and our country is expected to lighten up on the global map of new technologies thanks to the very BitCoin Mining. The last developments, acts of terrorism in …

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Co-Investment Fund Plans to Launch Five New Projects Worth One Billion USD

Giorgi Bachiashvili

Since the Georgian Dream coalition came to power in 2012, the then Prime Minister Bidzina Ivanishvili proposed setting up the Co-Investment Fund with focus on drawing foreign investments to Georgia and implementing large-scale projects. The Fund united major investors from the very inception. The Fund was established two years ago …

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Egypt Replaces Turkey in the Russian Market

Cairo has asked Moscow to provide it with the list of banned Turkish goods, saying it is ready to export Egyptian products to Russia. The issue was raised at the meeting between Egyptian Trade Minister Tarek Kabila and his Russian counterpart Denis Manturov, according to Egypt’s Ministry of Trade and …

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EBRD Allocated €10 mln to Healthy Water


EBRD opened credit line to “Healthy Water, which bottles Nabeghlavi carbonated and Bakhmaro spring water brands. The company is a subsidiary of JSC Margebeli, a vertically integrated food and beverage group. The support from the EBRD included an energy audit, which helped the company to identify and prioritise innovative energy …

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Jonah Lomu funeral: Emotional Haka During Memorial Service


THIS is the heartwrenching moment rugby legend Jonah Lomu is given the ultimate send-off by his teammates. At a public memorial for the 40-year-old winger, fans and friends joined in mass hakas as his family looked on. Crowds of thousands came out to remember the former New Zealand international during …

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