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Monthly Archives: February 2019

Georgian International Insurance Conference Takes Place in Tbilisi

Georgian International Insurance Conference, the most important event on the Georgian market dedicated to insurance and reinsurance, and a top-level platform for the exchange of business insights to take place in Tbilisi. It aims to involve all the relevant stakeholders to identify the most appropriate solutions for the market’s growth and to attract the …

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GALT & TAGGART Forecats $3,6 Billion Income from Tourism Sector

According to GALT & TAGGART’s prediction, Georgia’s income from tourism will amount to $ 3.6 billion in 2019. Head of GALT & TAGGART Research Department Eva Bochorishvili stated about it during his “business morning”. “GALT & TAGGART estimates the number of tourists in Georgia will be around 5,3 million this …

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Georgia’s Annual Income Per Capita Increased

Georgia ranked the 8th in the world by the revenue growth per capital within the last 20 years (1998 – 2018) but despite this, Georgia is still a low-income country. Both circumstances are interesting, the 1st – how we turned out on the 8th place and the 2nd – if the country is one …

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Niko Pirosmani – Wanderer Between Worlds Exhibition to open at Van Gogh Museum

The exhibition Niko Pirosmani – Wanderer between Worlds brings together almost thirty paintings by the Georgian artist (1862–1918) presenting a real and fantastical panorama, suffused with great calm, of an epoch in the midst of transition. Pirosmani’s imposing figures and motifs, with their powerful graphic quality, are wide-ranging: a train steaming through …

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Where and What Volume – Georgia-Armenia Power Potential and Perspectives

According to general estimations, energy resources are the form of capital that  primarily determines both the political and economic independence of a country. Everybody agrees that the efficient employment of energy resources is a necessary factor for gaining maximum benefits. What is the power potential and current condition of South …

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First Rooftop Skiing Track in Georgia

Summer, grass and skiing – this is Landmark Bakuriani, a novel and innovative project in Georgia.  Even as the snow melts outside towards the end of winter, the skiing season will continue at the unique new complex which is brought to you by DUX Development. The 102–metre skiing track will be located on …

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Trading Space Opens for Georgian Products in Belarus

The Center of Georgian Culture will open in Minsk, the capital city of Belarus, where Georgian products will be sold. The Government of Georgia will spend 600 000 USD on repairing and equipping the building, which will be managed by Georgian Natural Products, subsidiary of Partnership Fund of Georgia. This …

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Scope Ratings GmbH Awarded Lisi Development with BB Rating

International rating company Scope Ratings GmbH awarded the real estate developer company “Lisi Development” (JSC “Lisi Leak Development”) with BB rating. At the same time, Scope Ratings GmbH renewed company rating forecast for B + positive perspective. It should be noted that Lisi Development  is the only company in the …

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