Home / 2016 / July (page 6)

Monthly Archives: July 2016

New Director of Archi Group Plans to Strengthen Leading Positions

New Director of Archi Group Plans to Strengthen Leading Positions

Since 2006 Archi Group has been implementing many large-scale projects in Tbilisi and regions in various sectors. The company’s key direction covers construction and development projects. Archi Group has finished 6 residential complexes, 1 commercial project and has 8 ongoing projects in Tbilisi. A month ago a new director Nino …

Read More »

New System of Profits Tax to Come into Force in 2017

New System of Profits Tax to Come into Force in 2017

Deputy Finance Minister Lasha Khutsishvili has taken part in the round table of the UN top political forum: “Reform of Internal Resources Mobilization in Partner Countries and Role of Addis Abeba Tax Initiative”, where he updated the meeting participants about the Georgian experience in cooperation as part of the initiative. …

Read More »

Problems with EU Entrance Visa Issuance

Problems with EU Entrance Visa Issuance

Particular Problems Emerge at Greek and Italian Embassies In the last period public discontent is growing because of serious problems with receiving EU entrance visas. Public discontent has also broken out in the social network. Mariam Kukunashvili, founder of New Life Global Network center of surrogation, describes the current problems …

Read More »

Popularity of Online Casinos Acquires Hazardous Scales

Popularity of Online Casinos Acquires Hazardous Scales

How to Launder Money through Gambling Games The gambling games business is developed at high paces in Georgia. Following technological progress, gambling business is also widely penetrating various social layers in various geographical locations and so on. Several years ago it was necessary to visit gambling facilities for playing  games, …

Read More »

Finance Minister: We should Foster Dedollarization

Finance Minister: We should Foster Dedollarization

Georgian Finance Minister Nodar Khaduri urges Georgian citizens to take loans and place deposits in the currency in which they receive salaries and incomes. “It is desirable that our citizens place deposits and take loans in the currency in which they receive incomes”, the Georgian Finance Minister told reporters and …

Read More »

Problems in Main Partner Country Affects Georgia too

Problems in Main Partner Country Affects Georgia too

The situation in Turkey over the past 2 years could be described as instable. Acts of terrorism shook the peaceful life of Turkish citizens in 2015, while this year the situation was aggravated by attempt of military coup. Despite the failed coup d’etat, problems are only multiplied in our neighboring …

Read More »

PM: Anaklia Seaport will Boost Georgian Economy

PM: Anaklia Seaport will Boost Georgian Economy

Anaklia seaport will boost the Georgian economy development, Georgian Prime Minister Giorgi Kvirikashvili noted. “Anaklia Seaport will not only improve the current situation in the Samegrelo Region, but also give serious stimulus to the whole economy. This project will create thousands of new job places and, firs of all, will …

Read More »

New Technological Park to Open in Zugdidi

New Technological Park to Open in Zugdidi

Georgian Prime Minister Giorgi Kvirikashvili has announced plans for opening a new technological park in Zugdidi, the Samegrelo Region. The park will be located in the governmental residency in Zugdidi, the Georgian Prime Minister said. This place will assemble young people with innovative projects and ideas and they will be …

Read More »