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Daily Archives: February 10, 2016

Energetic Drink with Weed Extract Appears on Georgian Market


In January 2016 Cannabis, the new energetic drink with weed extract, has appeared on the Georgian market. The product is manufactured in the Netherlands. The energetic drink is made of the extract of weed seeds. Cannabis is sold in almost all trade networks and its price ranges from 2.50 to …

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David Saganelidze: Launch of New Pharmaceutical Plant will Half Drug Cost


Executive director of Partnership Fund regards that launch of new pharmaceutical plant will half drug cost. David Saganelidze has declared during the submission of development project of medical clinics by AlphaMedic Consortium. “The fund has successfully started a project, which envisages medical price reduction. The population has already noticed that …

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Georgia Grows Quota up to 210,4 Million in Monetary Fund

Georgia increases its quota by SDR 60,1 million (40%) in International Monetary Fund (IMF). However, Azerbaijan increases 2, 5 times, from SDR 161 million to 394,7 million and its share is 0,098% of its total injection. While Georgia is represented by 0,025-share. Total quota of 188 member countries of the …

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Substantial Change in circumstances for Tbilisi Bus Scheme

There is substantial change in circumstances for Tbilisi Bus scheme. According to Tbilisi Transport Company, due to the works of the Tbilisi Development Fund the section of the road on Agmashenebeli avenue is closed since 9th of February 2016 starting from Chorokhi street to Saarbrücken Square. The buses that usually pass …

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Viber Users to Enjoy Western Union Money Transfer Services

The Western Union money transfer company has sealed an agreement with the cellular network company of Viber so as the Viber users enjoy Western Union services and carry out money transfers worldwide. The Viber updating will be carried out in the USA, for the first time. The updated version will …

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Local Residents in Svaneti Region to Receive Historically High Compensations

TransElectrica has finished the development of an environmental impact document for the Khudoni HPP construction project, David Mirtskhulava, the technical director of TransElectrica, the Khudoni HPP construction company, told the Business Contact. At this stage, the investor is waiting that certain obligations will be fulfilled as part of the memorandum …

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Iran, Georgia to Strengthen Economic and Cultural Ties

“Economic and cultural cooperation between Iran and Georgia should be further strengthened in line with the two nations’ interests,” Iranian President Hassan Rouhani said in a telephone conversation with Georgian Prime Minister Giorgi Kvirikashvili on February 8, Press TV reported. Georgia, with a favorable geographical position and great common facilities, is considered …

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