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Yearly Archives: 2017

Erdogan: Opening of Baku-Tbilisi-Kars Railway is an Important Event

The opening of the Baku-Tbilisi-Kars (BTK) railway on October 30 in Baku is an important event, Turkish media cited the country’s President Recep Tayyip Erdogan, trend reported. Erdogan said that from the very beginning he believed in the importance of implementing that project. The BTK railway has been constructed on …

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Salam Air Enters Georgian Aviation Market

Salam Air, a subsidiary of Oman Air will enter Georgian market in 2018, implementing four flights a week Muscat-Tbilisi-Muscat. Flights will increase the number of tourists from Oman. According to the Georgian Embassy in Saudi Arabia, it is planned to open the company’s representation in Tbilisi, implement certain investments and …

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Georgian Cooperatives to Export Milfoil and Hypericum to German Market

Two years ago five cooperatives were established in Mtskheta-Mtianeti Region with the support of international organizations. Today, healing herbs collected by these cooperatives are exported to Germany, the major country of EU. Why has German consumer interested in Georgian plants and what are perspectives of non-timber forest products on EU …

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Get #YourCard with Gifts

Another news for Students by TBC. All students who will order the card from October 11 will receive a shirt, which design will be chosen by themselves. You can also get a new, more varied and fun set of stickers that with the card. One more news for students: card …

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Georgian Nut Export has Halved

Exports of Georgian nut have decreased and consequently decreased the share of nuts export. In January-September, 2017, export amounted 50.5 million dollars  in Utskheti markets, while in the same period of 2016, this figure exceeded 116.6 million dollars. However, the nuts still retain the last place in the leading export …

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Georgia Healthcare Group Purchased Private Label Cosmetics Brand “Attirance”

Georgia Healthcare Group PLC (the “Group” or “GHG”) announces that its pharma business has acquired the international private label brand – “Attirance”. Attirance specialises in natural cosmetics and personal care products, and has developed more than 400 of its own unique products/recipes. The acquisition is in line with GHG’s strategy …

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Georgian government VS IMF

Last week International Monetary Fund (IMF) published a fiscal monitor report: Tackling Inequality. In this report IMF sharply criticizes governments all over the world for reduced income tax rates and directly urges them to raise the tax for the rich. According to the report, inequality is a problematic issue, because, …

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Lado Gurgenidze Quits Liberty Bank’s Supervisory Board

Ex Prime Minister of Georgia Lado Gurgenidze has quitted the supervisory board of Liberty Bank. Changes have been registered officially. We remind you that several days ago the owner of controlling interest in Liberty Bank was replaced. The bank’s 74.64% stake was bought by the Netherlands-incorporated European Financial Group B.V. …

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International Education Fair to be Held in Tbilisi

Georgian Academy Abroad hosts international education fair on October 22. Universities, colleges and schools from the UK, USA, Canada, Australia, the Netherlands, Ireland, Switzerland, Germany, Turkey and Spain will represent themselves at the fair. Attendees will receive information directly from representatives about academic, foundation, master and pre-master programs. Visit following …

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DCFTA Effect on Entrepreneurs

International School of Economics (ISET) has conducted a research work for outlining needs and challenges of business promoting organizations. The research work has showed that promoter organizations have to win confidence of member and nonmember companies. At the same time, according to the report, media is an only source of …

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Kakhetian Traditional Winemaking to Open Store in Prague

KTW Georgia

Kakhetian Traditional Winemaking plans to open a store in Prague, Czech Republic, the company head Zurab Chkhaidze told Business Course. In 2016 the company set up KTW Europe subsidiary in Czech Republic, which supplies products to the Czech market. The new store will open in three months, he said. Advantage …

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