News Archive
 
     
 
27 July 2011
600,000th tourist expected in Adjara today
The officials are waiting for the 600,000th tourist in Adjara this season. According to the data of Georgian National Tourist Agency, the number of visitors to the country has increased with 45% this year in comparison with 2010, but this difference in Adjara Region only is 61%. T
     
 
25 July 2011
Polish Investments Doubling in Georgia
The number of non-resident visitors from Poland has increased by 105 percent in the 6 months of 2011 in comparison with the 6 months of 2010.
     
 
25 July 2011
Demand for Elite Residential Houses Increasing
Demand for elite residential houses in Tbilisi has increased, real estate specialists say.
     
 
23 July 2011
A 5-star hotel is also being constructed close to the Borjomi park.
Rehabilitation process of Borjomi the resort town in south-central Georgia is underway. President Mikheil Saakashvili arrived in the town to see the ongoing works on Saturday. Saakashvili visited the refurbished square in front of the Borjomi Park and inspec
     
 
22 July 2011
International Conference Opens in Batumi today
The 8th international conference “Georgia’s European Road” opens in Batumi, at the Radissonhotel today. The international conference is organized by The Office of the State Minister of European and Euro-Atlantic Integration and supported by EU. The conference op
     
 
21 July 2011
Harvest of grain in Kakheti breaks records
Minister of Agriculture Bakur Kvezereli welcomed the successful development of the US corn program at the Government sitting on Wednesday. Giving detailed information about the increased harvest in Kakheti and Shida Kartli the Minister announced that the amount of corn and grain has almost d
     
 
20 July 2011
New fashionable hotel opens in Batumi today
Batumi will have yet another new modern and attractive building from now on - Hotel Radisson Blu opens in the capital of the Adjara region today. The hotel has 168 rooms of various classes and along with other modern services; the hotel has conference hall and swimming pool.
     
 
20 July 2011
Mobile Financial Services for Rural Georgia
International Finance Corporation, member of the World Bank Group, helps the provider of mobile financial services OpenRevolution expand its MobiPay services in rural Georgia, which will increase access to finance, especially for small farmers, and support the development of rural commu
     
 
20 July 2011
Georgia Cuts Main Rate to 7.75 Percent as Inflation Slows
Georgia's central bank cut its refinancing rate by 25 basis points after inflation slowed in June. The benchmark refinancing rate was
     
 
18 July 2011
HYUNDAI E&C TO OPEN OFFICIAL REPRESENTATION IN GEORGIA
Regional Development and Infrastructure Ministry has reported that South Korean Hyundai Engineering and Construction is opening office in Georgia until late August, which will be the first official representation of the company in South Caucasus. The mentioned decision has been made d
     
 
11 July 2011
Ruling authorities expect USD 1 bln as FD
For the last couple of years FDI in Georgia has been on a steady decline. Last year only USD 553 mln entered the country in investments. However, this year officials had estimated an upsurge with around USD 1 bln supposedly being
     
 
11 July 2011
LISI LAKE DEVELOPMENT STARTED
Lisi Development announced that development of territory, nearby to Lisi Lake (Saburtalo district of Tbilisi), is launched and is expected to be completed in 2012. The first stage of construction will cover 5 ha. This stage envisages construction of 16 townhouses (2- or 3-storey) by 3
     
 
11 July 2011
$316M TO BE SPENT THIS YEAR ON GEORGIAN SECTION OF BAKU-TBILISI-KARS RAILWAY
According to Regional Development and Infrastructure Ministry, this year’s budget has been approved for construction works on Baku-Tbilisi-Kars railway’s Georgian section, making up $316 million. The decision has been made at bilateral coordinating council meeting, held recently in Ba
     
 
07 July 2011
Farmers testing new crop varieties
Farmers testing new crop varieties, technologies for better lifeIrma Mushkudiani, 39, is from Okureshi, a Tsagerian village in the region of Racha-Lechkhumi and Kvemo Svaneti. Before 2006 she and her family lived in Kutaisi, Georgia’s second largest city, but they had to move back to Okures
     
 
04 July 2011
Annual Inflation Down to 10% in June - Geostat
Georgian state statistics agency said on Monday, that country's year-on-year rate of inflation fell from 14.3% in May t
     
 
20 June 2011
Bank of Georgia - New Loan Offer for SMEs
The FINANCIAL --
     
 
26 April 2011
EXPO Germany, 19.5.
The German Business Association Georgia cordially invites you to participate in the 2nd EXPO of German companies in Georgia, on 19 May in Tbilisi. The EXPO is a portfolio exhibition of German companies in Georgia/Southern Caucasus. Target group of the EXPO are companies, representatives f

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