The inflow of tourists in April 2016 has increased by 17.2% to 462 480 ones as compared to the same period of 2015. According to the Ministry of Internal Affairs of Georgia, the number of tourists made up 171 235 (37% in total quantity; +20%); transit – 107 500 visitors …
Read More »Daily Archives: May 4, 2016
Kazakhstan Insurance Company Plans to Enter Georgia
One of the leading Kazakhstan insurance company “HSK” plans to enter Georgia and to establish its own company. The company’s board chairman, Tlek Alzhanov stated to Kazakh media about this decision. On the question of how to develop business management, Alzhanov said: “We do diversification. We would like to establish our …
Read More »Georgia’s First Locally Produced LED TV sets will Go on Sale from Mid-May
Georgia’s first locally produced of LED TVs will appear on the market from mid-May. Georgian-Azerbaijan company “AG TELECOM” director declared the information to businessconact. Initially, the company will offer customers two types of products. The company will present 32 and 40 inch Led TV sets. Accordingly, local products will compete with imported ones. According to …
Read More »Silk Road Group to Invest Additional 100 million USD in Georgia’s Real Estate
In several years, Silk Road Group plans to invest additional 100 million USD in Georgia. The company representative David Borger, who has taken part in US Road Show jointly with the Georgian Prime Minister, noted that the past years have recorded positive dynamics. “The quantity of investors growth, the stable …
Read More »Economy Minister Forecasts $1.6 billion FDI Inflows in 2016
Georgian Economy Minister Dimitri Kumsishvili expects the country to draw 1.6 billion USD foreign direct investments (FDI) in 2016. The Minister made the statement for Rustavi 2 TV company. In 2013-2016 the country attracted 1.418 billion USD on average, while in 2009-2012 FDI inflows made up 872 million USD, amid the …
Read More »Russian Ice Cream may Appear on the Georgian Market
The company Davaice for the production of ice cream, located in Kstovo, Nizhny Novgorod region, will start to export its products to Georgia in May 2016. It is reported by the press service of the Regional Office of Rosselkhoznadzor. The company also plans to start exporting ice cream to Mongolia …
Read More »Georgian Tourism and Hospitality Forum Within Welcome to Georgia! National Tourism Awards 2016
Below is presented the agenda of the event that will be held on May 24, in Expo Georgia, III Pavilion, at 10:00 a.m. 10:00 Registration 10:00 – 11:00 Welcome Coffee 11:00 – 11:30 Press Conference Representatives: Welcome to Georgia! National Tourism Awards, Georgian National Tourism Administartion, Minister of Economy and …
Read More »HeidelbergCement Going to Maintain the Market Leadership
The company HeidelbergCement appreciates the entry of a new cement company into the market as a challenge. We are talking about Cezar Chocheli’s project which envisages the construction of a cement factory in Senaki. The project in which $ 100 million will be invested is expected to be completed in …
Read More »Georgian Meat exports to Iran and Iraq
Meat production company Ibermeat is going to export its products to Iran and Iraq. According to the company’s technical director, Ibermeat will start exporting beef and sheep meat to these countries by the end of May but first export license must be obtained before the export takes place. In Irakli Adeishvili’s …
Read More »A few Months before an Election, the Land Registration to be Free of Charge in Georgia
A few months before an election, the land registration is likely to be free of charge in Georgia, “Politcommersant” reports. This change is envisaged in the legislative initiative, which Parliament has already approved. The main news is that all the procedures that were complicated because of bureaucratic mechanisms will be simplified and …
Read More »Georgian Tourism and Hospitality Forum Within Welcome to Georgia! National Tourism Awards 2016
The Welcome to Georgia! National Tourism Awards is the Annual Awards Ceremony, which is held in Georgia in the field of tourism and hospitality. This Award is a good challenge for companies working in this field and should motivate them to increase their creativity and experience in providing the best service. It is …
Read More »Clean World Obtains Title of “Golden Brand” Company
This success is the merit of those 1500 employees that ensure cleanness in various organizations. These people are real owners of this Award! Owners of the Golden Brand title were named for the 11th times this year. The award was established by the Global Idea and the Financial newspaper. In …
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