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Daily Archives: January 15, 2016

New Pharmaceutical Company Starts its Information Campaign in Georgia

“In the second part of January, we will have a chance to pay attention to new player Humanity-Georgia‘s informational activities,” David Sergeenko said regarding the new pharmaceutical company that recently entered Georgia. I would like to emphasize that our strategy to increase affordability on drugs does not mean lobbying specific companies’ interests, such as Humanity-Georgia. …

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Changes in Composition of Board of Directors of JSC PASHA Bank Georgia

Chingiz Abdullayev

PASHA Bank Georgia is pleased to announce the appointment of Mr. Chingiz Abdullayev as Member of the Board of Directors and Chief Financial Officer of the Board of Directors as of January 13th, 2016. He is in charge of supervising Financial Management, Treasury as well as Administration and Procurement Departments. Chingiz Abdullayev …

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Nikoloz Basilashvili to Face Roger Federer: Australian Open

Nikoloz Basilashvili

Georgian rocket number one Nikoloz Basilashvili will face Swiss Roger Federer in the first round of the Australian Open, which begins on January 18. A potential 45th career meeting at Australian Open 2016 would therefore occur in the semi-finals. Before that, Federer faces Nikoloz Basilashvili in the first round, would likely need to …

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Mamuka Bakhtadze: Georgian Section of Baku-Tbilisi-Kars Railway is Ready

Mamuka Bakhtadze

Georgian section of the Baku-Tbilisi-Kars railway is ready for operation, Mamuka Bakhtadze, Director General of Georgian Railway declares. Bakhtadze exclusively declared to Azerbaijani news agency Trend that works are only finished on the area of Turkey. According to him, Georgia and Azerbaijan are at the important stage of transport sphere …

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Georgian Entrée Expands Its Business Activities in Neighboring Markets


After Azerbaijan, the Georgian café network Entrée will open in other neighboring countries as well. CBW was told by Entrée co-founder Jean-Michel Charles. According to him, at this stage, market studies are under way after which it will be clear which countries a European-style cafeteria network based in Georgia will enter. …

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Construction of YTONG Factory is Under Consideration in Georgia

Partnership Fund

 Partnership Fund considers project of Ytong’s energy efficient block. Partnership Fund, Georgian company “Ytong Caucasus” and German company “Xella” work jointly on a project of 13,5 million. Construction of the plant is planned at the nearby area of Tbilisi. According to the project, construction of the plant should be finished until the …

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Georgia May Revise Its Income Tax — PM Kvirikashvili

Giorgi Kvirikashvili

Income tax of Georgia may be revised – the Prime Minister of Giorgi Kvirikashvili said. According to him, this issue is still relevant and work in this regard is still underway. “In the near future, the Government intends to consider a bill and then pass it in the Parliament. We …

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Elit Electronics Unveils Biggest Store in East Point Shopping Mall

Elit Electronics Unveils Biggest Store in East Point Shopping Mall

Elit Electronics has unveiled its biggest store in the East Point shopping mall. Devices, unique concept, exclusive equipment and highest-level standards of the world’s leading brands – Elit Electronics has assembled all these opportunities into one space and unveiled the biggest store of home appliances.  The store is distinguished for …

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Gov’t Changes Construction Regulations in Tbilisi

Gov’t Changes Regulations of Construction in Tbilisi

Construction companies involved in the implementation of projects in the capital will have to work under new conditions. In particular, the Urban Planning Department of the City Hall is working on a bill that will oblige developers to construct buildings fully provided with parking places for all residents or tenants. …

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