News Archive
 
     
 
22 May 2012
Government Lets Citizens Invest in Economic Projects from Income Tax
Tbilisi (GBC) - The Georgian government plans to introduce a voluntary system for savings. Namely, under the government's initiative, physical bodies will pay a lower income tax if they invest the deducted amount
     
 
18 May 2012
"Goro Group": Georgia's Real Estate Market Continues to Drop
Signs of real estate market recovery are not observed and after a 29% drop decline is fixed in the market again – "Goro Group" head which is one of the largest real estate agencies announces. Note: In March 2012, the number of transactions in the real estate
     
 
17 May 2012
Nonresident Investors Own 20.9 percent of Georgian Treasury Securities
Tbilisi (GBC) - Nonresident investors own 20.9 percent of Georgian treasury securities in turnover. Nonresident investors appeared on the primary and secondary markets in December 2011. Nonresident investors carry out
     
 
14 May 2012
Likani Complex Management Announced Job Vacancies
Likani medical - health hotel complex “Borjomi - Likani" will open in October. Prior to this, construction works are going on at a rapid pace in the territory of the complex ​​. The complex's management has announced job vacancies. Commersant.ge was told at B
     
 
04 May 2012
NEW CREDIT AGREEMENT TO BE SIGNED WITH EIB
  Georgian government is going to sign new credit agreement with European Investment Bank (EIB) in near future. According to Prime Minister Nika Gilauri, funding of 190 million EUR will be used for construction of Samtredia-Grigoleti motor road. The matter con
     
 
30 April 2012
Boers Interest in Georgia Goes beyond Agriculture They registered up to 30 companies in the country
South African Boers will develop other industries in Georgia except for agriculture. By that time up to 200 Boers are staying in the country. Commersant.ge was told by the Deputy State Minister on Diaspora Issues of Georgia Nika Avaliani, the Boers arrived in Georgia on their own initiati
     
 
24 April 2012
Only up to Twenty 3 - star Hotels Operate in Georgia "Global Star": 70% of demand falls on this category of hotels
Only up to twenty 3 - star hotels are functioning in Georgia, which are fully compliant with international standards. The “Global Star" founder David Sujashvili states. In his words, demand for the hotels of this segment is growing in Georgia, rate of opening of 2
     
 
21 April 2012
U.S. Real Estate Tycoon Trump Visits Georgia
U.S. property tycoon Donald Trump arrived in Georgia to attend unveiling of planned Trump-branded luxury residential tower in Black Sea resort town of Batumi.
     
 
17 April 2012
ADB Vice-President to Meet Georgian Ministers
In the framework of the Asian Development Bank (ADB) Vice-President Xiao-Yu Zhao working visit to Georgia, the bank’s Vice President will hold meeting with Finance, Energy and Natural Resources, Regional Development and Infrastructure Ministers at the ministry of Finance.
     
 
10 April 2012
"Wendy’s" Accuses "McDonald's" in Use of Genetically Modified Products
“Wendy’s’” world fast-food chain’s President, International granted an exclusive interview with the radio "Commersant" and charges rivals in the world market and Georgian markets. Let me remind you: "McDonald's" global competitor

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