Home / 2018 / August / 30

Daily Archives: August 30, 2018

We Need to make Additional Efforts to Increase Trade Turnover

“Georgia and Azerbaijan are strategic partners. Our kind neighboring and friendly relations have been exemplary throughout centuries” stated Mamuka Baktadze, Prime Minister of Georgia at a face to face meeting with Ilham Aliyev, President of the Republic of Azerbaijan in Baku today. Host leader expressed his gratitude to the Georgian …

Read More »

How Loan Interest Rates Change

In July 2018 the averaged market interest rate on loans made up 12.7%. The rate was the same – 12.7% in May-June period too. The rate has declined by 0.1% year on year. Averaged interest rate on GEL-denominated loans is 15.8%, including GEL-denominated corporate loans – 11.3% and GEL-denominated retail …

Read More »

Nestlé closes $7.15B deal to sell Starbucks products

Starbucks will shift 500 employees to Nestlé as part of a $7.15 billion deal that grants the Swiss company perpetual rights to sell the coffee giant’s products. Nespresso maker Nestle said it has sealed a deal to market the products of US coffee giant Starbucks around the world, outside of its cafes. …

Read More »

HUAWEI P20 Pro – Easy, High-Quality Photos

The Smartphones market is constantly being updated with renewed models boasting increased processors and RAM, better cameras and screen resolution, or more item resources. Besides the cost of the device, data is the main driving force in the mobile world market. HUAWEI has already proved that it is an advanced …

Read More »

Georgian Graphic Designer at Australian Design Studio

Nick Ghortlishvili is a graphic designer of Communications Agency Advertwise for the second year. Recently, Nick joined the Australian design studio Liam Richards’ Outsourced team. Marketer had an interview with him about his expectations and how he got in the company: What is the agency Liam Richards Design all about …

Read More »

July Recorded 4.6% Upturn in Economy

According to early estimations, compared to the same period of 2017, in July GDP growth pace constituted 4.6%. According to Geostat, national statistics service of Georgia, the January-July the averaged real growth made up 5.5%. According to preliminary estimations, significant year on year growth was reported in the fields of …

Read More »

First Georgian Jamon Made by Pork in Kakheti Introduced

Specialists of the Agricultural Research Center received the first Georgian Jamon. After joint cooperation with the Spanish company “Deraza Iberiko” and Partnership Fund, it has been the first Georgian Jamon at the Research Center Jigura Base. The center claims that the production of Jamon technology from Kakheti pork meat is …

Read More »

HUAWEI P20 Pro World Renowned Champion for High Quality Photos

Today, almost everyone owns a smartphone. Many people do not even understand their phone’s potential as producers try to create powerful mobile data- the smartphone market sees new models almost every day, with more powerful processors, increased RAM, better cameras and screen resolution. According to expert estimates, this tendency has …

Read More »

Mikheil Dundua Appointed As Head of Revenue Service

Mikheil Dundua

Mikheil Dundua has been appointed as head of Revenue Service of Ministry of Finance. He replaced Giorgi Tabuashvili who held the office from 2014. From May 2018, Mr.Dundua was the deputy minister of MOH. Education: 2014 – Doctor of Caucasus School of Economics at Caucasus University 2001-2003 – Tbilisi State …

Read More »