This week, Huawei hosted special event dedicated to digital transformation of Silk Road. Innovation Day is Huawei’s global brand campaign aimed at mobilizing the power of governments, academics, industry and think tanks in the region to explore the opportunities and challenges of a intelligent society in the future. The event …

The concert will be held on 23rd November, on the eve of the 5th Eastern Partnership summit. The concert will consist of two parts classical and jazz, where musicians from Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine will perform together for this unique occasion where culture and politics will meet. …

Cost of living rose in October and the figure made up 174 GEL for able-bodied male, up 5.2 GEL month on moth and up 14 GEL year on year. Cost of living of an averaged consumer constituted 514.10 GEL, up 4.6 GEL month on month and up 12.3 GEL year …

Having won the 2012 parliamentary elections, Georgian Dream named agriculture sector as a key priority direction. Billionaire Bidzina Ivansihvili stressed that he would invest about 1bln GEL in the sector development. Over the past 5 years, many state programs were implemented in agriculture. Some of them do not function today, …

The company “Fregobus” plans to start production of electric buses within German-Chinese partnership. Fregobus will sign Memorandum with German company EURABUS and ZTE Corporation, the largest Chinese corporation, on November 23, according to “TV Pirveli”. The memorandum envisages establishment of a single consortium and founding an enterprise within it. The …

The excitement over H&M’s arrival in Tbilisi reached fever pitch as nearly 900 VIPs, celebrities, fashion enthusiasts and members of the media gathered for an exclusive shopping party at its 3,000 sqm store at Galleria Tbilisi. The night of November 16th will stay remembered not only for exclusive launch but …

GEL exchange rate volatility was preconditioned by public expectations after importers have intensified activities. Archil Mestvirishvili, National Bank vice president: We have noted that Georgia has set floating exchange regime, which is accompanied by market fluctuations. As to the factors affecting exchange rate, we have made comments on the issue …

TBC Insurance and TBC Bank Program ”Startuper” offers a special product for startupers entitled ”Startup Insurance”.  Starting from today, startup business representatives have the opportunity to use the joint product of the property insurance, and use special discount on automobile insurance service. Startupers will be able to insure company automobile …

River Side Hotel, Tbilisi announced that it has received a TripAdvisor® Certificate of Excellence. Now in its seventh yea r, the achievement celebrates hospita lity businesses that have earned great traveler reviews on TripAdvisor over the past year. Certificate of Excellence recipients include accommodations, restaurants and attractions located all over …

Bakhvi 3 HPP offers to invest free financial resources in its loan securities – 10-year bonds. Nominal value of total issuance is 1 267 000 USD. Nominal value of a bond is 1000 USD, while annual yield constitutes 9.4%. Bonds are denominated in USD and yields are also paid in …

The investor company of Nenskra Hydropower Plant Project, Korea Water Resources Corporation K-water on November 16, 2017, celebrates its 50th anniversary. The company implemented 67 projects of high complexity in 24 countries. At present the company manages 16 multipurpose dams. As of 2016, company’s income was 3 billion US dollars, …

Nick Cotton, Managing Director of Cushman & Wakefield in Ukraine (formerly operating as DTZ). What are the main Ukrainian real estate market trends? Cushman & Wakefield are witnessing strengthening occupational activity in all sectors (office, retail and logistics) in the Kyiv region and, in both offices and retail in the …