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Monthly Archives: November 2017

Silk Road Group To Construct Silk Tower in Batumi

Together with the Co-Investment fund Silk Road Group will construct Silk Tower in Batumi  instead of Trump Tower. Construction of $250-million Silk tower is due to start from 2019 year. The first stage of the project includes constructing of the Silk Tower and organizing of a yacht club and adjacent infrastructure. …

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Georgia’s Major Wine Exports Markets

In January-September Georgian winemaking companies exported 61mln bottles of wines to 50 countries, up 59% year on year. Total value of the exports amounted to 134.6mln USD, up 52% as compared to the same period of 2016. According to National Wine Agency, exports have risen in the following countries: China …

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Canadian Winemaker Uses Metallic Qvevri To Produce Wine

Gavin Robertson

Winemaker Gavin Robertson at Niagara College Teaching Winery in USA is using wine technology resembling that of Georgian qvevri to produce “Orange wine” of Sauvignon Blanc. The difference is that instead of millenia-old traditional use of clay, the modern vessels are made of steel, Hvino reports. Gavin Robertson says: “At NC Teaching …

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Georgia Lacks For Transport Policy

vaso urushadze

Vaso Urushadze, executive director for HUB Georgia, noted that the transport control bill is being developed for 2 years, but the process has not been finished yet and the document has not been submitted to the parliament. The working process is protracted because the country lacks for transport policy and …

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First Online Barman Service Launches in Georgia

DAVLIOT.COM – Georgia’s first online barman was introduced into the internet space a week ago – on November 1 and it raised much interest among consumers. In his interview with Business Course, Shota Tsotsoria, co-founder of Davliot.com talks about the company services and its creation history. –Davliot.com is N1 online barman in Georgia. This …

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Internal Passenger Transportation Sector Remains beyond Control

The private sector has been long complaining about uncontrolled situation in internal passenger transportation field. In May 2017 Aleksandre Ianvarashvili, head of passenger transportation department of the Land Transport Agency, noted that an active job is being carried out for making amendments to several laws that would improve the uncontrolled …

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Electronic Prescriptions to Become Mandatory Procedure in 2018

Starting 2018 issuance of electronic prescriptions will become an obligatory procedure. Akaki Zoidze, head of the parliament’s heath and social protection committee told the Business Course that introduction of electronic prescriptions is one of the key aspects of the 2018 reform. “Involvement in the pilot regime could not comply with …

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Georgian Seamless Pipes Exported to the US Market

The Rustavi Metallurgical Factory exported its own brand of seamless pipes to the US market. 1000 tons will be sent to the largest export market on November 25. Company aimed at international market with its own brand two years ago. It required permanent and intensive work of company management, sales …

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Magticom Suffers from Two-Week Continuous Cyber Attacks

MagtiCom is Growing Tariffs With G-Mobile and Roaming Partners

Over the past 2 weeks continuous cyber attacks are being carried out on various segments of Magticom Internet network, the company statement reads. “Magticom has a well protected network and upon detecting cyber attack signs the company technical staff has enhanced security mechanisms. A part of Magticom subscribes had an …

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Construction of the Cable Car Connecting Kazbegi and Gudauri has Started

Construction of the cable car connecting Kazbegi and Gudauri has started. Company ”Color” is implementing a project by order of “Municipal Development Fund”. As a result, a 7,5 km rope will be arranged at the Kobi-Gudauri section, which will enable to reach Gudauri in 15 minutes. Lasha Iordanishvili, executive director …

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