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Daily Archives: November 12, 2018

Global Entrepreneurship Week Started in Tech Park

During one week each November, thousands of events and competitions in 170 countries inspire millions to engage in entrepreneurial activity while connecting them to potential collaborators, mentors and even investors. Powered by the Kauffman Foundation, the initiative is supported by dozens of world leaders and a network of more than 15,000 partner …

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VR Regional Training Center will Be Established in Georgia

Minister of Economy and Sustainable Development of Georgia, Giorgi Kobulia, within the frames of the working visit in Singapore, held a meeting with the 3D industry largest company, the EON Reality Managing Director Sridhar Sunkad and the Vice President for Sales, Pontus Appelqvist. The meeting focused on the company’s projects, …

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Only Certified Tour Guides to have Work Permission in Georgia

From the first half of 2019, the right to work in Georgia will only have certified guides. The National Tourism Administration starts consultations with relevant associations and independent guides. At this time it is known that it is planned to retrain the knowledgeable people of various languages ​​to avoid misinformation …

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Global Entrepreneurship Week is Underway at Technopark

The “Global Entrepreneurship” Week started in Technopark. This is the most important international entrepreneurial project aimed at formation of entrepreneurial ecosystem, connecting ecosystem leaders, promotion of entrepreneurship motivation. Within the framework of the project, more than 30,000 events are held in more than 170 countries each year, involved by more …

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Construction Works of New Passenger Terminal of Kutaisi Airport is Underway

Deputy Minister of Economy and Sustainable Development Akaki Saghirashvili got acquainted with the Kutaisi Airport new terminal construction works. He examined the ongoing works together with the Kutaisi Airport management and the Acting Director of the Georgian Airports Association, Ivane Lekishvili. Construction works of the new passenger terminal of David …

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Georgia to Represent Davit Kirvalidze as Candidate of Director for FAO

Georgia will present Davit Kirvalidze as a candidate for UNO Food and Agriculture Organization-FAO. the candidate was nominated by PM Mamuka Bakhtadze. The director is elected for 4 years time of the period of 2019-2023. Kirvalidze has 28 years of experience in agriculture. He is currently the prime minister’s advisor, …

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Georgia Exports 285.4 Tons of Garlic – Where Georgian Garlic Goes

In January-August 2018, Georgia exported 285.4 tons of garlic worth 339 800 USD. According to Geostat, National Statistics Service of Georgia, the exports was fully carried out to Russia. According to the official statistics, besides Russia, in 2017 Georgia exported garlic to Armenia and Azerbaijan too. The country received incomes …

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The 2019 State Budget: Salaries and Social Allowances to Grow

Government of Georgia has submitted a revised variant of the 2019 state budget bill to the parliament. Budget indicators have increased compared to the initial variant and 270 million GEL has been added to the final version, Irakli Kovzanadze, head of the parliament’s committee for finance and budget issues noted. …

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Why Government Fails to Stabilize GEL Exchange Rate

GEL exchange rate remains the most challenging issue in Georgian society. Both ordinary citizens and experts have been actively discussing this topic. Over the past period the GEL depreciation has beaten the historical maximum. The national currency devaluation has made negative effect on both economy and social condition of our …

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