ECONOMY MINISTER CRITICIZES MANAGEMENT OF “GEORGIAN AIRWAYS”
(Daily News: March 14, 2012)
Minister of Economy and Sustainable Development Vera Kobalia connects problems in Georgian Airways (former AirZena) with this company’s management.
This air carrier declared on financial problems, explaining them by decline of passenger traffic on some routes.
AMERICANS TO SHARE EXPERIENCE IN BUSINESS AND FRANCHISE DEVELOPMENT WITH GEORGIANS
(Daily News: March 14, 2012)
Tbilisi hosts 2-day conference on business development and franchise, organized by the US Trade Department for Georgian businessmen.
The conference, titled “Doing Business with the United States”, aims to share knowledge to Georgian businessmen, in terms to assist them in development of trade and investment relations with American companies.
“SANTE GMT PRODUCT” STARTED CHEESE PRODUCTION
(Daily News: March 12, 2012)
Dairy producer Sante GMT Product started cheese production. According to the company, investments in launch of fully automatized process amounted to $1 million, being provided by the US governmental agency OPIC.
“SILKNET”’S “S1” TO BECOME AVAILABLE IN REGIONS AS WELL
(Daily News: March 9, 2012)
Fixed communications operator SilkNet reported that its mobile service S1 becomes available in regions as well. Switching to this service in regions will start on March 15.
ENGLISH-LANGUAGE BUSINESS REGISTER TO BE CREATED
(Daily News: March 7, 2012)
National Agency of Public Register plans to perfect electronic property exchange and create english-language business register. The Agency’s plans scope also bringing addressing system in order in big cities of Georgia, improvement of geodesy-cartography system, etc.
GEORGIA REPRESENTED IN REAL ESTATE SHOWCASE “MIPIM 2012”
(Daily News: March 7, 2012)
Delegation of Georgian National Investment Agency takes part in MIPIM 2012. This international real estate exhibition is held in Cannes, France on March 6-9.
AZERBAIJAN TO ALLOT $329M FOR BAKU-TBILISI-KARS’ GEORGIAN SECTION CONSTRUCTION
(Daily News: March 7, 2012)
Azerbaijan will allot $320 million for construction of Georgian section of Baku-Tbilisi-Kars railway.
Georgian President Mikheil Saakashvili declared the mentioned in Baku, at the joint press conference with Azeri President Ilham Aliyev.
MEDICAL ACADEMY’S CLINIC OF POSTGRADUATE EDUCATION OFFERED ON SALE
(Daily News: March 6, 2012)
Ministry of Economy and Sustainable Development put JSC State Medical Academy’s Clinic of Postgraduate Education on auction.
Starting price of the object, located on Chavchavadze Ave. 33 in Vake district of Tbilisi, is 416,500 lari.
RESULTS OF 8-YEAR INITIATIVE IN RENEWABLE ENERGY SUMMED UP
(Daily News: March 6, 2012)
UN Development Program (UNDP) and Georgian Ministry of Environment Protection summed up 8-year results of renewable energy initiative. This program with total cost of $4.3 million was implemented under funding of Global Environment Fund (GEF).
SHARE OF IMERETI AND AJARA SLIGHTLY DECLINED IN COMPANIES’ TOTAL TURNOVER AND OUTPUT IN Q4
(Daily News: March 6, 2012)
Sakstat reported that in the 4th quarter of 2011, shares of Ajara autonomous republic and Imereti region are slightly reduced quarter-on-quarter in companies’ total turnover and output.
In the reporting quarter, Tbilisi was a leader among regions in terms of companies’ total turnover (7.63 billion lari), accounting for 75.7% of it (growth – 2.8 percentage points).
Rezonansi: “RESPONSIBILITY OF TBILISI CLEANING MIGHT BE IMPOSED ON NIKOLAISHVILI”
(Economic Press Monitor: March 6, 2012)
According to the bill, presented to the Parliament, a legal entity of private law must be established from May, which will implement waste removal nationwide.
The project raised differences in approach in Tbilisi City Council.
Rezonansi: “GEORGIAN AIR COMPANIES COME FROM SKY DOWN TO EARTH”
(Economic Press Monitor: March 6, 2012)
Georgian air company Georgian Airways (AirZena) decided to suspend flights from Tbilisi to Paris until May, while reduce frequency of flights to Amsterdam from 3 to 1 per week.
The air company explains the decision with increase of fuel price and low profitability of these flights.
LAND PLOT WITH CONSTRUCTIONS IN TBILISI IS ON SALE FOR 1.35M LARI
(Daily News: March 5, 2012)
Ministry of Economy and Sustainable Development has announced auction on non-agriculture land plot with constructions in Tbilisi, being offered for 1.35 million lari.
The matter concerns land plot of 34,315 square m and 17 buildings, located on military base (Abashvili Street, Isani-Samgori district).
TRADES ON SHARES OF 12 COMPANIES SUSPENDED
(Daily News: March 5, 2012)
Georgian Stock Exchange reported that trades suspended on shares of 12 companies. The matter concerns shares of Amalthea, Dila, Tbilisi Model Shoes Factory, Iberotex, Maglivmsheni, Samto Kimia 2000, Sakagroservisi, Topo-Geodezia, TransFoodService, Alaverdi, Khiminji-75.
“SILKNET”: NUMBER OF “S1” SUBSCRIBERS REACHED 5,000 IN TBILISI
(Daily News: March 5, 2012)
Operator SilkNet reported that within a month after starting operation on mobile communications market, number of subscribers of its mobile service S1 reached 5,000 in Tbilisi.
As the company noted, this new product is mainly applied by subscribers of its fixed network.
“TAV GEORGIA” TO TAKE PART IN TRADE AND TOURIST EXHIBITION IN BERLIN
(Daily News: March 5, 2012)
TAV Georgia (operator of Tbilisi and Batumi airports) has reported that the company will take part in trade and tourist exhibition ITB Berlin in Berlin on March 7-11. The company will present its stand already for the third time, TAV Georgia said.
“REPUBLIC” EXPANDS ITS CHAIN
(Daily News: March 5, 2012)
Bank Republic opened today new service-center in Tbilisi, on the territory of Central Railway Station.
As director general of the bank Christian Carmagnole declared at the opening of the service-center, this year the bank plans to open at least 4 new branches.
“ACT”: PHARMACEUTICAL SPHERE LEADS IN TERMS OF QUALITY AND GRADE OF SERVICE IN TBILISI
(Daily News: March 5, 2012)
According to the study, prepared by Analysis and Consultation Team (ACT), pharmaceutical sphere is leader in terms of quality and grade of service in Tbilisi.
Trough 5-point assessment system, population is most satisfied with drug stores (4.3 points).
“KSB” ANNOUNCED NEW ACTION ON MONEY REMITTANCES
(Daily News: March 2, 2012)
KOR Standard Bank said that all customers, transferring money remittances in amount of 1,500 lari (the US dollar, euro), will be granted with the bank’s branded gifts. This action will last through March 22.
INTERNATIONAL TOURISM TRAINING CENTER OPENED
(Daily News: March 2, 2012)
International Tourism Learning Center (ITLC) is created by initiative of National Tourism Administration, where trainings are provided in English.
According to the head of Administration Maia Sidamonidze, students will be able to pass American and British certificate program in tourism and hotel management.
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