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Daily Archives: February 5, 2018

Wine Export Growth Was Fixed in The Beginning of The Year

According to the LEPL National Wine Agency of the Ministry of Environment and Agriculture, in January 2018, 5,12 mil. bottles (0,75l) of wine have been exported to 24 countries worldwide, that is 18% higher than the similar data of the last year. Totally, 11,4 mil. USD worth of wine have …

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Construction of American Hospital to Start in 6 Months

Construction of American hospital will start in 6 months, nearby Lisi lake ”Green City”. According to chairman of supervisory board TBC Group Mamuka Khazaradze, business-plan and project has completed by American group ”Forum” specialized in medicine. Hospital will be managed and operated by American company ”Nova”. “If you have a …

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Oil Shipments from Georgia’s Batumi Port Down 34%

Oil and related shipments from Georgia’s Black Sea port of Batumi in January were down 34 percent from a year earlier, an official at the terminal, operated by Kazakh KazMunaiGas, told Reuters. The official gave no reason for the fall, but state company KazMunaiGas continued to reroute some shipments to …

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Liberty Bank’s Profit Increased by 48% Within One Year

“Commersant” continues to analyze financial statements of financial institutions. This time, they shared statistical data of the fourth quarter of Liberty Bank. In particular, the profit of the bank increased by 48% and amounted to 52 million GEL. In 2016 the bank’s profit was 35 million GEL. In 2017, Liberty …

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Colliers International Georgia and Cushman & Wakefield Georgia Plan to Carry Out Joint Classification of Offices

Global real estate services companies Colliers International Georgia and Cushman & Wakefield Georgia plan to carry out joint classification of offices in Tbilisi, Property Georgia reports. At this stage the two companies are developing the criteria based on which modern business centres across Tbilisi will be evaluated. Within the framework of the project; the …

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