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Daily Archives: March 4, 2016

Inflation Drops to 0.1 Percent in Georgia

Market in Georgia

In February 2016 the monthly inflation rate in Georgia amounted to 0.1 percent, Geostat reported. 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. In February 2016 prices increased for food, beverages, …

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Tashir Pizza Russian Network of Pizzeria to Enter Georgia


Tashir Pizza, the Russian brand of pizzerias, plans to launch operation in Georgia. The network will open its first facility at the East Point complex on March 5. The company plans to unveil 30 pizzerias in Georgia in the future, including 15 ones in Tbilisi and 15 ones in other …

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Ski Resort Visitors to Enjoy New Services

Gudauri Skiing

The Ski Resorts Development Company and TBC Bank have developed a new service for the ski resort visitors. Namely, the companies offer customers to enjoy the function for filling the MultiCard balance. The new MultiCard is a multiple-use card than enables to avoid long queues and cash payments when using …

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Nutsa Abramishvili: I Would Never Work in Distributive Trade

Nutsa Abramishvili

Caucasus Business Week had an exclusive blitz interview with CEO of Schuchmann Wines Georgia. I am a specialist in German Studies. I have graduated the faculty of German Studies, then finished the Georgian Institute of Public Affairs (GIPA) with the qualification of a public officer. I have also studied in Budapest, …

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Iran, Russia sign landmark customs agreement

Iran and Russia signed an agreement for establishing a ‘green customs corridor’, the most important customs deal between the two countries. The agreement was signed as Deputy Head of the Federal Customs of the Russian Federation Vladimir Malinin met with Head of Iran’s Customs Organization Masoud Karbasian here in Tehran. …

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