TBC Group has entered the insurance market of Georgia. TBC Group has appointed a news conference at 13 o’clock on October 26, where TBC Bank director general Vakhtang Butskhrikidze will divulge the deal details. Kopenbur insurance company launched operation on the Georgian market in late July 2014. The company is …

Caucasus Business week offers you an interview with Shalva Mdzinarashvili, one of the founders of apple chips idea, who won 100 000 GEL from the government to invest for startup. Tell us how you came up with an idea to create apple chips and how did you make this idea …

Another major German company may launch cargo transportation through Georgian corridor. DHL German transportation-logistics company is interested in cargo transportation between Asia and Europe through Baku-Tbilisi-Karsi railway.  The issue was discussed at the meeting between the director of Azerbaijan Railway company and manager of Shanghai branch of DHL. At the …

Kakha Kiknavelidze, new director general of Bank of Georgia, says that the National Bank of Georgia should maintain bank sector supervisory functions. In his interview with Forbes Georgia, Kiknavelidze noted that international tendency suggests to assign supervisory functions to a central bank and European Central Bank is the best sample, …

Savse is the only drink which includes the mixture of fruit and vegetables. At the same time, during its production there is a new technology, such as cold pasteurization used. This allows maintaining the taste, vitamins and minerals, which usually disappears in case of hot pasteurization.  The main message of …

Iran is expected to sign six new oil MoUs in the near future, Gholam Reza Manouchehri, an official with the National Iranian Oil Company (NIOC), said. Manouchehri said that under the newly developed model Iran Petroleum Contract (IPC) foreign companies can use Iranian partners in the projects, SHANA news agency …

Several days ago, fuel prices increased in major parts of refueling stations in Georgia, with the average upturn per liter making up to 5-6 Tetri. The Caucasus Business Week (CBW) has examined reasons for growing fuel prices all over the country, as well as expected tendencies for the future. “An …

Georgian tennis player Nikol Basilashvili beats Tomáš Berdych is a Czech professional tennis player ranked world No.10. Play involved three sets, which ended with the win of Georgian athlete 6:4; 6:7(5:7); 7:5 points. The Erste Bank Open in Vienna kicked off on Monday, The 24-year-old won the event ealier, beating Brazilian Thomaz Bellucci. In …