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Daily Archives: April 16, 2018

Real Estate Market Highlights

GEO real property market grew by 10.6% in 2017 in comparison with 2016. Annual increase was observed in all quarters, with the highest jump in Q2, 14.2% (QoQ) and 20.0% (YoY). TBS, with 40.7% share in total sales in 2017 dominated the GEO real property market. TBS market was followed by Ajara …

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Georgian Company Metro Production Films Nike Advertisement

Metro Production films NIKE advertisement with world famous director Daniel Woolf, Agency Wieden + Kennedy, Somesuch – Advertising Production Company and The Mill, which provides graphic and color correction,- Marketer spreads the word. As the executive producer of “Metro Production” Sandro Gabilaia says in conversation with marketer, the name of the campaign …

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AgroCenta, from Ghana Awarded Seedstars Global Winner 2018

Agrocenta​, the startup which is tackling food access and stock flow issues across Ghana communities, won up to $500,000 in equity investment and some unique growth opportunities at the Seedstars Summit 2018. Seedstars World​, the biggest startup competition focused only in emerging markets, closed its fifth edition with a huge …

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IliaUni Business School Establishes Financial Education Center

IliaUni State University business school and Society and Banks nongovernmental organisation have established a financial education center. The business school dean Giorgi Kadagidze introduced the center director Giorgi Kepuladze to the media representatives. Kadagidze also read a lecture “Education and Economic Growth” for the economic media school graduates. The university …

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Nobody Loves Commercial Banks in Poor Countries, There is Nothing Extraordinary

Giorgi Kadagidze

“Nobody loves commercial banks in poor countries, but there is nothing extraordinary in this reality”, Giorgi Kadagidze, the former president of National Bank of Georgia (NBG) said when commenting on the last statement by Finance Minister Mamuka Bakhtadze regarding commercial banks. “Anti-bank moods is an important part of political agenda …

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Masha Melkova: Microsoft is a Family of Individuals United by One Common Mission

Microsoft’s ”Explore Digital Transformation World” was the biggest event of the year on digital transformation. The business leaders and IT department representatives were invited to participate in Digital Evolution Forum by invitation of the company “Microsoft”. Meetings, which were held in parallel mode, were dedicated to such important topics as …

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New Terminal Construction in Kutaisi Airport will End in 2019


Construction of a new terminal in Kutaisi Airport will end in 2019. The construction works are in active phase. BM.GE was told at Georgian Airports Association that new terminal will open after full rehabilitation of the airport at the beginning of 2019 and it will handle triple more number of …

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Rural Women in Georgia Make Strides towards Economic Empowerment

Education and economic activities empower and equip women to make life-determining choices and secure brighter future for their country,” said Esabelle Dingizian, Third Vice Speaker of the Swedish Parliament, while meeting women farmers in Kachreti community college “Aisi”.  Representatives of the Parliament of Sweden, Embassy of Sweden to Georgia and …

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Baby Food Manufacturing Plant to Open in Gori

Baby food manufacturing plant will open in Georgia. The products will be sold under the brand of KULA, the company director Vano Goglidze told BM.GE. The plant will open in Gori in 2019 to produce juices and purees for babies over 3 months. “We suppose to launch production in September-October …

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Hiking Season Officially Opened by Massive Camping Event in Racha

Hiking season has officially opened. Giorgi Chogovadze, the head of the National Tourism Administration, met with hikers in the camp located at Shaori water reservoir in Racha. The event is held with the support of the Ministry of Economy and Sustainable Development of the Ministry of Tourism of Racha, organized …

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