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Daily Archives: November 3, 2016

“Alpine Gold” – the Cheese Swiss produce in Adigen

Francis Belser from Switzerland had an idea to produce cheese since he was in high school. Many years later, he fulfilled his idea in Georgia. He started the business with his Georgian friend and made it successful.  The company annually produces average amount of one ton of Alpine cheese, however …

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EBRD Updates its Transition Concept for Market Economies

The European Bank for Reconstruction and Development (EBRD) has established an updated method for measuring a country’s transition to a market economy. Initially, the EBRD created the transition concept in 1997. This was when the countries in which EBRD functioned were emerging out of communism. However, during that period, communism …

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PASHA Bank Supports Yet Another Educational Project

Women’s Information Center hosted an event “Youth – United for Peace” supported by PASHA Bank and The US State Department. The event was held under the aegis of the project “Empowered Women for Peace and Development”, on November first in Fabrika. The guests had an opportunity to attend the screening …

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LG Glass Company to Start Natural Stone Mining and Processing

LG Glass company operates in the construction field and is mainly specialized in glass production and processing. The company has also organized a stone processing plant to start stone mining and processing activities in the near future. A total of 2.550 million USD will be put in both enterprises, Giorgi …

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SOCAR Reveals Volumes of Gas Export to Georgia, Iran

Azerbaijan’s state oil company SOCAR exported 715.9 million cubic meters of gas to Georgia in January-September 2016, said Rahman Gurbanov, SOCAR vice president for oil and gas transportation and gas facilities, in his interview published by Natural Gas World Nov. 2. Meanwhile, Azerbaijan swapped 167.3 million cubic meters of gas …

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Metallurgical Plant to Be Built in Kutaisi

A ferrous metals fusion plant will be constructed in Kutaisi, Imereti Region. LEPL Technical and Construction Supervision Agency of Ministry of Economy has already issued a construction permit. Metallurgical plant will be built in Hualing free industrial zone (FIZ), Kutaisi, by a Huliang Group member company. The plant will manufacture …

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