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Daily Archives: May 30, 2018

WISSOL GROUP Member Company Blacklisted

G energy

Wissol Auto Express, member of Wissol Group company, has been included in the Black List. The mentioned decision was taken on the ground of application submitted by Ministry of Defense, after the company failed to fulfill the assumed obligation. The company was to supply 15 930 GEL break fluid to …

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Opening of Southern Gas Corridor Comes at Right Time

Opening of the Southern Gas Corridor (SGC), which envisages transportation of Azerbaijani gas to Europe, comes at right time, Cyril Widdershoven, a Middle East geopolitical specialist and energy analyst, a partner at Dutch risk consultancy VEROCY and SVP MEA-Risk, told Trend. “Looking at other options, SGC is one of the …

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Cancer Medication Recalled from Pharmacy Networks

Taxoter medication has been recalled from Georgian pharmaceutical market. This medication is used against cancer. According to official website of LEPL State Regulation Agency for Medical Activities, the agency has received notification from Sanofi-Aventis Deutschland GmbH, under which the specific concentrate of the mentioned medication must be recalled from the …

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First Influencer Marketing Company in Georgia Won Startup Georgia Grant

Georgia’s Innovation and Technology Agency presented the list of winners, and the scores assigned to their projects. On May 25, the best startups were awarded grants that will help them succeed and go global. Eighteen Innovative Startups received up to 100,000 GEL in funding. CBW interviewed representatives from Influence, one …

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Georgia is Exempt From Tobacco Smoke

According to the Georgian Law on Tobacco Control, smoking is not only forbidden in all buildings and on public transport (except for taxis and motorboats). According to the law, the consumption of tobacco products is also prohibited at educational, childcare and educational-care institutions, libraries, youth camps, children’s entertainment centers and …

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Medieval Royal Environment in the Center of the City – Kharcho

If you want to taste delicious dishes in an original and pleasant environment, you must visit Kharcho at Gudiashvili Street 18. Kharcho is a high-quality restaurant in the center of the city, which is distinguished by its special and different interior. The walls and furniture of the restaurant were specially …

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Georgian Wine Tasting Held in Poland

Georgian wine tasting “Georgian Wine in Poland” was held in Toruń, Poland. The organizer of the event was the National Wine Agency contractor company “Vinisfera”. Professionals: wine importers, distributors, owners of restaurants and stores, wine bloggers, totally about 30 guests were invited to the tasting. Toruń is a very promising …

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George Soros Warns About Another Financial Crisis

Legendary billionaire investor George Soros is worried that another “major financial crisis” could be lurking around the corner, CNN reports. Soros, speaking at the annual meeting of the European Council on Foreign Relations in Paris Tuesday, said that rising anti-European Union sentiment, the disruption to the Iran deal, a soaring …

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New Regulations to Take Effect for Banking Holdings


“New regulations will be enforced in relation to banking holdings”, Vice Prime Minister Dimitri Kumsishvili noted after Georgian Capital was separated from BGEO Group and Georgian Capital shares were placed at London Stock Exchange (LSE). The banking sector should be separated from real economy, he said. “Today is of crucial …

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Startup Week’s Final Event Held

Startup Week, which lasted for 5 days, ended. This was the first joint project, which was held within the framework of the Memorandum of Cooperation signed between the President’s Administration, Georgia’s Innovation and Technology Agency and TBC Bank. Startup Week created a space where the startup ecosystem players introduced each …

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