Electronic cigarettes may have helped about 18,000 people in England to give up smoking last year and there is no evidence of any serious side effects associated with their use for up to two years – according to new studies published, writes Reuters. On 13 September, Researchers at University College …
Read More »Monthly Archives: August 2018
Government Transmits Real Estate to Investor for Tbilisi HPP Construction
Government of Georgia has transmitted a real estate to AquaEnergy Georgia company for constructing a hydro power plant at Tbilisi Sea. Under the government decision, the investor will receive the nonagricultural land plot of 1413 square meter for a period of 49 years. The investor must build Tbilisi HPP nearby …
Read More »Georgia to Participate in 13th So Called Road Show
Georgia will be participating in the so-called “13th road show” in 2018, said at Produce in Georgia. According to their information, by the end of 2018, 13 events will be organized in different parts of the world, within which they will meet with investors and get acquainted with Georgia’s investment …
Read More »KFW to Allocate a Loan of 150 MLN Euros to Georgia for Construction of Gasholder
Construction of gasholder will be started in Georgia. As the Prime Minister of Georgia stated at the briefing held before the government session, a loan agreement for 50 mln euros will be concluded between the German Reconstruction Bank (KfW) and the Georgian Oil and Gas Corporation. “We will build infrastructure …
Read More »Georgian Capital to Start Construction of HPP in Spring of 2019 in Guria
“Georgian Capital” (former BGEO Group) will start construction of the HPP in spring of 2019. The head of Georgia Global Utilities Archil Gachechiladze told Bm.ge that the HPP power should initially be 57 megawatt, but with the last decision, 46 megawatts of hydro power plant will be built in Guria, …
Read More »Developments in Turkey and the Impact on Georgia’s Economy
Recent developments in Turkey, an important economic partner of Georgia, raise a number of questions about the potential for spillovers. Georgia’s total exposure to Turkey via currency inflows is 4-5% of GDP – these account for approximately 8% of all currency inflows into Georgia. The share of total imports from …
Read More »Hailstorm Damaged Vineyards and other Farmlands in Georgia’s Kakheti Region
A heavy hailstorm hit Kakheti’s capital Telavi and Akhmeta municipality, which is in the heartland of Georgia’s main winemaking region. Heavy rain and hail damaged vineyards and other farmlands. “Everything that could only be destroyed was destroyed. In total during this year, the hails have destroyed approximately 200 hectares of …
Read More »Georgia Hosts United Nation’s WiSci Girls STEAM Camp For the First Time
Georgia’s Tech Park hosts WiSci Girls STEAM Camp, a global leadership development initiative positioning girls to be leaders in the movement for gender equality. With resources in five languages and more than 2,200 Girl Up Clubs in over 100 countries, Camp has trained 40,000 girls of all backgrounds to create tangible change …
Read More »Georgian Cuisine has Great Potential for Vegan Food Direction
Georgian traditional cuisine is one of the richest and diverse cuisines worldwide. For many years Georgia has not only maintained its dishes, but also introduced the on foreign markets. As a result, Georgia was mentioned in the top list the most delicious European cuisines developed by the US edition the …
Read More »Tourism Administration: Saperavi Wine and Khachapuri Conquer Hearts of Our Tourists
National Tourism Administration has spread information in its own website revealing which top 5 products have conquered hearts of arrived tourists. Top 5 wines: Saperavi — 40,13 % Qvevri Wine — 22,42 % Kindzmarauli — 21,30% Khvanchkara — 8,30% Rkatsiteli — 4,26% TOP 5 Georgian dishes, wwhich most frequently were uploaded on Instagram: Khachapuri — 17,09% Khinkali — 15,79% Churchkhela — 8,11% Mtsvadi …
Read More »Georgia Reaches Historic Maximum in the Number of Inbound Tourists
“Historic maximum has been reached in the number of inbound tourists last month,” Mamuka Bakhtadze, Prime Minister of Georgia stated. As noted by the Head of the Government of Georgia, statistical data of the past month once again evidences that Government pursues the right and effective strategy indeed. “I wish …
Read More »Construction of €150m Underground Natural Gas Storage to Start in Georgia
“Kreditanstalt für Wiederaufbau (KfW) and Georgian Oil and Gas Corporation (GOGC) will soon conclude a Loan Agreement in the total value of 150 million Euros, according to which an underground natural gas storage facility will be constructed in the country” stated Mamuka Bakhtadze, Prime Minister of Georgia at a press …
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