News Archive
 
     
 
04 April 2012
“Radisson“ Hotel to Open in Tsinandali in 18 Months Hotel occupancy increased by 20%
“Radisson“ new hotel will open in Tsinandali in 18 months. According to General Manager of Radisson Blu Iveria Hotel, the Tsinandali hotel will have different facilities including a spa center and other leisure attractions. In his words, the year 2012 started quite successfully for the Ra
     
 
03 April 2012
Construction of Tbilisi "Novotel" to Start in Summer instead of Spring
The European Bank for Reconstruction and Development (EBRD) has once again postponed consideration of the issue of financing of Tbilisi "Novotel" hotel. EBRD discussions had to be held on March 27, although, according to the organization’s official web - site, the
     
 
29 March 2012
CCIFG unveils plans for fostering French-Georgian business ties
Aimed at stimulating the interests of French investors, and in the framework of French Week, the exhibition of French companies in Agribusiness, Tourism, Transport, Energy and Durable Development sectors will be held June 21-24 in Tbilisi. This according to the C
     
 
27 March 2012
"Uptown Tbilisi" to Open on April 7
One of Europe's largest shopping centers - "Uptown Tbilisi" will open on April 7. Brands will be brought in the shopping center by Arabic "Al - Hokair Group", the Georgian representation of the group told "Commersant" that in total 16 stores would be ope
     
 
23 March 2012
Funding of Lazika City Construction Launched
The government has started funds allocation for the construction of the new city of Lazika. According to the spread information, in total 85 thousand GEL have been allocated for Lazika topographical map creation and territory cleaning. The amount necessarily for prepar
     
 
23 March 2012
Lebanese Businessmen Interested in Investing in Georgia
Lebanese businessmen interested in investing in Georgia. These statements were made by entrepreneurs at the business forum in Lebanon which was attended by Georgian PM. Nika Gilauri has acquainted the businessmen with the economic situation in Georgia. T
     
 
16 March 2012
Investment Agency Denies Failure of Tourism Zones Project "In total three hotels are functioning and three are under construction"
The Georgian National Investment Agency (GNIA) doesn’t consider the functioning of the tourism zones unsuccessful. The head of the agency explain
     
 
14 March 2012
American experts meet Georgian businessmen
U.S. Department of Commerce is holding a special conference for the representatives of Georgian business sector - business development and franchising are the main issues, on which American experts will give consultations to Georgian businessmen. The conferen
     
 
14 March 2012
Economic Minister reports preliminary results of foreign investments in 2011
Minister of Sustainable Development and Economics of Georgia Vera Kobalia reported the preliminary results of the foreign investments in 2011 to media today. According to the minister, 377 million dollar was re-investment of out direct foreign investments made in Georgia last
     
 
13 March 2012
"Rixos" to Be the most Expensive Hotel in Georgia
According to “Rixos" luxury hotel brand, the hotel in Tbilisi will be the most expensive in Georgia. The representative of the company said in an interview with "Financial" that the 5 - star hotel would open in early 2014 and more than 15 million USD would be invested in the project

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