Today there is no problem with excessive debts on the Georgian market, Archil Bakuradze, head of the supervisory board of Crystal microfinance organization told BM.GE. The sector needs reasonable regulations, however, in case of maximum restrictions, new threats will arise on the market, he said. “Number of insolvent clients and …
Read More »Daily Archives: September 26, 2018
Capital Renovation of 6 Subway Stations is planned
Tbilisi Transport Company plans to repair capital’s 6 metro stations. These are: 300 Aragveli, Marjanishvili, Nadzaladevi, Rustaveli, Freedom Square and Isani. The Ministry allocated 770 thousand GEL to ensure that the tender winner company will prepare the project’s cost estimate documentation of these stations. According to the plan, complete rehabilitation …
Read More »EBRD to Fund Kheledula HPP Construction
The European Bank for Reconstruction and Development will finance the construction of Kheldula HPP with $ 30 million. Investment cost of the project is 87 million dollars. The EBRD clarifies that the project will help to reduce carbon intensity in Georgia and will partially meet the growing demand for the …
Read More »Discover the King Gorgasali Hotel in Old Tbilisi and Get an Accommodation in the Heart of the City
The heart of the city, historical part of Old Tbilisi, the best service, refined rooms, active tourist location, a huge number of cafes, restaurants, and bars – what else should you take into consideration when looking for a hotel for relaxation, meetings or any other reason? If you agree that …
Read More »Georgia to Host International Business Tourism Conference in Cooperation with ICCA
At the end of October 2018 Georgia will host an international conference in cooperation with International Congress and Conference Association (ICCA). For the purpose of development of business tourism, B2B meetings will be held. Giorgi Chogovadze, head of National Tourism Administration has updated the exhibition bureau members on future plans. …
Read More »Georgia Ranks Second among Europe’s Most Rapidly Growing Tourism Countries
The influential edition Bloomberg has published the UN World Tourism Organization report. According to the 2017 report, Georgia ranks second among the most rapidly growing tourism countries in Europe. The annual growth made up 27.9%. The list is topped by the following countries: 1 San Marino – 31.1% 2 Georgia …
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