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Daily Archives: October 17, 2017

Business Association of Distributors and Nexia TA Sign Cooperation Memorandum

NEXIA TA, an auditing and consulting company, has held a workshop for members of Business Association of Distributors with the aim to promote business sector development. The workshop on the topic “Management’s Financial Decisions in Commerce Sector, Legislative Amendments and Related Challenges” was organized with the support of Business Association …

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State Property is on Sale on Uznadze Street

State property for sale on Uznadze Street, in Tbilisi. The auction is declared by the National Agency of State Property and it will end on October 30 of the current year. The mentioned area is 2796 sq.m of non agricultural land and buildings located on it – 3143.9 sq.m of …

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National Bank Evaluates 2018 State Bidget Bill


High deficit in the 2018 state budget does not create inflation risks, the report by NBG on Georgian State Budget Law reads. “The 2018 state budget deficit grows by 60 million GEL to 1.374 million GEL. The consolidated budget bill is planned at 3.7% in relation to the 2018 forecast …

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Free Routes were Introduced in Georgian Airspace

Sakaeronavigatsia Ltd, Ministry of Economy and Sustainable Development of Georgia,introduced free routes in the Georgian airspace for the first time. The concept of free routes implies the flight from the entry point to the point of direct trajectory, published in the Georgian Airborne Compilation (AIP). Introduction of free routes in …

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Georgia Receives $124.4 million in Remittances in September

In September 2017, the volume of money transfers from abroad constituted 124.4 million USD (306.8 million GEL), which is 24.2 percent (24.2 million USD) more than the amount in September 2016. 92.9 percent of the total money transfers from abroad came from 14 largest donor countries, with the volume of …

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New Cardiovascular Technologies will Improve and Save Lives of Georgian Patients


Tbilisi hosted the International Educational Conference and Master-Classes in “Present and Future Developments in The Management of Complex Tachyarrhythmias” for electrophysiologists and general cardiologists. The event was organized with the support of the European and Georgian Heart Rhythm Associations, and the global leader in medical technologies, Medtronic, in Radisson Blu …

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