According to the September 12 report, companies have processed about 16.3 thousand tons of grapes in the Kakheti Region, including 6.3 thousand tons of Rkatsiteli, 7.9 thousand tons of Saperavi, 827 tons of Kakhetian Green and so on. According to the Ministry of Agriculture, Kakhetian farmers have sold 13.4 million …
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An Investment in Education by One of Georgia’s Largest Investors
Minister of Education of Georgia Aleksandre Jejelava, the Minister of Education of Adjara, Mr. Giorgi Tavamaishvili and representatives from national end regional government attended an event by Adjaristsqali Georgia LLC (AGL), one of the country’s largest investors. At this event, the company presented the educational projects it is financing in …
Read More »Inspiration, Innovation and Ideas at Tendence 2016
Innovation, top-quality design and ecologically clean products – these are the three key components that characterize the Tendence exhibition. Upon entrance, I felt like having entered the future, the place, where design, technology and innovation are omnipresent. It is difficult to mark the best parts of the exhibition. However, visitors …
Read More »National Bank Cheapens Loans: Stable Currency Exchange Rate and Low Inflation Rate will Stimulate Economic Growth
The monetary policy committee of the National Bank of Georgia (NBG) has taken a decision on reducing the refinancing rate by 25 base point to 6.5%. This decision is based on macroeconomic forecasts under which the tightened monetary policy should be gradually alleviated to move closer to the target inflation …
Read More »SES Showcases Ultra HD High Dynamic Range With Leading Industry Players
SES S.A. announced that it will broadcast three demonstrations of Ultra HD (UHD) with High Dynamic Range (HDR) at IBC 2016 in Amsterdam. One demonstration will broadcast the UHD HDR test channel with content produced by LG Electronics that was launched in May during SES’s annual Industry Days. This channel …
Read More »Turning an 8000 Year Wine Tradition into Success in Georgia
New opportunities are opening for Georgian winemakers and wine lovers through the EU funded programme East Invest 2. The regional investment and trade facilitation programme, East Invest 2, is working to improve the SME sector across the countries of the Eastern Partnership. East Invest 2, through one of its actions, …
Read More »Its Official: TBC Bank Agrees to Acquire 93.64% Stake in Bank Republic
TBC Bank agrees to acquire 93.64% stake in JSC Bank Republic for GEL 315 million (£103 million) and selected assets and liabilities of JSC Progress Bank, creating the largest Georgian bank by both loans and deposits. TBC Bank Group PLC (TBC Bank) announces that, together with its subsidiary, JSC TBC …
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