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Daily Archives: December 26, 2018

Palm Spring International Film Festival to Screen Georgian Film NAME

Zaza Khalvashi’s Film ”Name” will be on screens of the Palm Springs International Film Festival on January 7 and 9 (PSIFF) in California. Palm Springs International Film Festival is one of the largest film festivals in North America. The event hosts 135,000 viewers annually and shares their famous international artistic …

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Memorandum Signed to Launch Electric Car Production in Georgia

The Partnership Fund, Swedish company “Uniti Sweden AB” and “Silk Road Group” signed a memorandum to launch production of electric cars in Georgia. The aim of the Memorandum is to define the principles of development of the joint project, as well as the agreement on specific fields of cooperation. “It is important …

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Winter Tourism Season Officially Opened in Mestia

Winter tourism season in Mestia is officially opened. On the slopes of Hatsvali the first stage of a mini-ski cup was held in a special and giant slalom. Exhibition space, ice sculptures were arranged for the season-opening and New Year exhibition-forum was held where Georgian products were presented. In the …

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Figures at Commercial Banks Loan Portfolio Summed Up

The volume of lending by commercial banks (including loans to non-residents) in November 2018 increased by 336.1 million GEL or by 1.3 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 1.6 percent) and constituted 26.1 billion GEL by December 1, 2018. The volume …

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First Georgian Apple Chips to Enter the U.S. market

The first Georgian apple chips may enter the U.S. market in 2019. The founder of the Enkeni company  Shalva Mdzinarashvili told Commersant that a test batch of Georgian apple chips had been sent to America and the company is waiting for the final conclusion of experts. The company founder speaks …

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Summary of Year in Wine by National Wine Agency

According to the head of the National Wine Agency Levan Mukhuzla, Georgian wine will be sold in Scandinavia, Canada and Switzerland from 2019. In  Levan Mukhuzla’s words, work is underway to release Georgian wine on the market where it has not been presented that is associated with difficulties. In  January-November …

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