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Monthly Archives: March 2016

VTB Bank Announced About the New Loan Offer

VTB Bank has announced about new loan offer – “Find a Home”. The mortgage loan is worked out with the bank’s partner construction companies, which number exceeds 35 and the offer is suited to all types of customers. Interested entities will get detailed news in special zone of three branches of …

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Ireland Emerges as Georgia’s Major Trade Partner

Ireland

Ireland has replaced Turkey to be Georgia’s number one trade partner with a 14.8% ratio valued at 209 million USD. In January-February 2016 the ratio of ten major trade partners in total foreign trade turnover made up 69%. Turkey ranks second in the rating with 199 million USD. Russia is …

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Georgia’s GDP per Capita Marked 2 355 GEL in Q4

Georgian money

The GDP per capita in the fourth quarter of 2015 made up 982.4 USD (2 355 GEL), while the figure marked 1 001 USD (1 808 GEL) in the same period of 2014, according to Geostat, the national statistics service of Georgia. Georgia’s economy rose 2.9% in the fourth quarter …

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Four Georgian Wines Win at TEXSOM in Dallas

For the first time ever, Georgian wines were represented in the TEXSOM International Wine Awards (Dallas, USA) last month. The results of Texas-based contest were recently announced. Four Georgian wines were awarded with medals – all produced by Tbilvino. The winning wines and awards are as follows: Tbilvino Kindzmarauli 2013, …

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Exploring An Unusual Source of Electricity With Tomato Waste

Exploring An Unusual Source of Electricity With Tomato Waste

SAN DIEGO, March 2016 — A team of scientists is exploring an unusual source of electricity — damaged tomatoes that are unsuitable for sale at the grocery store. Their pilot project involves a biological-based fuel cell that uses tomato waste left over from harvests in Florida. The researchers present their …

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Georgia-EU Trade Is Up By 38%: Report Shows

EU trade

In 2016, export from Georgia to the EU has diminished, as well as the CIS countries. According to Geostat, foreign trade turnover with the EU has made up 532 million dollars during the first 2 months of this year, which is 38% more, compared to the same period of last year. …

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World Down Syndrome Day: a Chance to Celebrate Beautiful Lives

Inga Loladze

Inga Loladze wishes she could go back and talk to the sad and devastated woman she was when she feared her unborn child had Down Syndrome. Six years later, she can’t even imagine feeling that way. At the first glimpse of her newborn, Georgian woman knew her daughter had Down syndrome but those sorrowful, scared feelings …

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