News Archive
 
     
 
11 April 2014
Israeli Investors to Resume a 21 - storey Hotel Project in Kutaisi
     
 
10 April 2014
Roads Department Recognizes the Need for Stricter Quality Control of Construction
     
 
10 April 2014
Partnership Fund Ceased to Consult with Author of Anaklia Port Project
     
 
10 April 2014
Taleb Rifai - Now it's Time for the Whole World to Invest in Georgia
     
 
10 April 2014
Georgian Gov’t establishes financial institution to boost economy
Georgian authorities have been working hard to establish a Government-funded financial institution aimed to stimulate t
     
 
08 April 2014
One of the Largest Aqua Parks in Eastern Europe to be Opened in Tbilisi Today
According to the Ministry of Economy , one of the largest aqua parks in Eastern Europe will be opened  in Tbilisi today. The  opening
     
 
07 April 2014
Ministry of Energy Wants to Extent the Deadline of "KhudonHPP" Project
     
 
07 April 2014
Georgia Ranked 66th out of 132 Countries in the Social Progress Ranking
These are the findings of the research c
     
 
03 April 2014
Business Plans to Develop Agritourism
     
 
02 April 2014
Georgia Leader on CIS Space in Terms of Global Trade Opportunities
     
 
01 April 2014
Place of Construction of Anaklia Port and Identity of Future Manager still Unknown
A specific place of construction of Anaklia port  
     
 
27 March 2014
First "Hilton " Hotel to be Opened in Batumi
"Hilton" first hotel will be opened in Batumi.
     
 
27 March 2014
Fitch affirms ‘stable outlook’ of Georgia's JSC Partnership Fund
Georgian financial officials are celebrating a positive affirmation by Fitch Ratings Agency, a global ratings agency.
     
 
25 March 2014
Panorama Tbilisi – ‘a calling card of Tbilisi’
The Panorama Tbilisi investment project and the tourism and real estate project, uniting four multi-functional complexes in the city centre of Tbilisi, has been described by the Georgian Co-Investment Fund’s (GCF) chief executive George
     
 
21 March 2014
After Signing an Association Agreement with the EU, Real Estate Prices could Rise
Representative
     
 
20 March 2014
Developers Association : Replacement of "Khrushchevka" Buildings by Modern Residential Housing will Take 15-20 Years
     
 
18 March 2014
Russia-based Georgian Businessman to Build a Hotel and Restaurant on Shaori Lake
Commersant" reports about the plans of the businessman involved in the Shaori Lake development project. According to the Chairman of
     
 
12 March 2014
Reconstruction of Tbilisi "Sheraton" to Begin in the Fall
Reconstruction of  " Sheraton Metechi Palace" hotel will begin in the fall.The representat
     
 
12 March 2014
"Business Resonance" : The Co-investment Fund’s Projects Hung in the Air
Despite the fact that the fund's management announced that 10 projects worth 1.1 billion USD had been  approved, none of them have been launched yet.In 2013, the government announced its intention to attract investments worth $ 2 billion. It is now obvious that the plan was no
     
 
08 March 2014
Investments in “Argo” Complex in Batumi Suspended
''Commersant” reports that  investments in  a multi-functional complex  ''Argo” located in Batumi  have been suspended due to the dispute with  the Ministry of Finance of Adjara Autonomous Republic. The official of the project
     
 
18 February 2014
National Investment Agency: The Inflow of Investments will Grow in 2014
     
 
18 February 2014
Multifunctional Aqua Park “Gino Paradise” on the Tbilisi Sea to be Officially Opened on February 25
A multifunctional aqua park  “G
     
 
12 February 2014
Big Georgian Businessmen Support KhudonHPP Project
     
 
12 February 2014
''Airzena” Got a Permission from Russian Side to Make Regular Flights to Sochi
     
 
22 January 2014
Tickets for planes to Sochi to become cheaper
Vitaly Savelyev, Director General of Aeroflot, said that tickets for Moscow-Sochi flights will become cheaper durin
     
 
10 January 2014
IMF Explains the Slowdown in the Economy of Georgia in 2013 by Political Factors
Slowdown in the economy of Georgia in 2013 was caused by poli
     
 
08 January 2014
International Brand Hotels Complain about the Lack of Activities in the New Year
Brand  hotels interviewed by "Commersant" in Batumi complain about the lack of entertainme
     
 
16 December 2013
"Tetnuldi" Hotel Owner: Tourism Administration does not Advertise Mestia Resort
Mestia  complains about a low activity of tourists in winter season. A Tourism Information Center in Mestia informs  ''Commersant”  that the season will officially open on December 26-28 . They say last month 263 visitors visited Mestia, reserva
     
 
16 December 2013
Hotels Turnover Increased by 42% in the Third Quarter
Turnover of private enterprises increased by 826 million GEL [8.4%] in the third quarter of 2013 compared to the second quarter  and made 10 billion 676 million GEL. The highest turnover, as always, was in the field of trade and repair of household items, which increased by 7.8% co
     
 
16 December 2013
Construction of New Business Centre is set to Resume
TV3 has found out that the project to replace the Tbilisi Department Store will be discussed at the next government meeting. The Deputy Minister of the Economy Dimitri Kumsishvili has stated that the company Willbrook will invest $20 million into the construction of a new multi-functional business c
     
 
09 December 2013
M2 at the Hippodrome is taking Care of Green Space around the Housing Complex
Tbilisi, 8 November 2013 – the development company M2 Real Estate has carried out large-scale works looking after the trees and other plants around the m at the Hippodrome housing complex: the soil has been dug around the plants, the trees have been cleaned from the construction works dust, each tre
     
 
28 November 2013
French Company Plans to Open a 5-star Hotel in " Mikhailov" Hospital Building
It became known to  ''Commersant” radio station that  a French investment group plans to open a 5-star hotel  in "Mikhailov " hospital building. According to the head of  “Tiflis Hamkari'' , the hospital building has not been
     
 
26 November 2013
Hotel Business Achieved Reduction of Tax Burden
Ministry of Economy has taken into account the recommendations of the hotels business - the hotel manager &qu
     
 
19 November 2013
Which Investors to Build a Hotel on "Mikhailov Hospital " Area, still Unknown
A 5 - star hotel wi
     
 
19 November 2013
Arabic "Rakia " Launches a Major Investment Project in Georgia
     
 
19 November 2013
Co-investment Fund’s Decision on "Niba Delisi " Project to be Unveiled this Week
     
 
19 November 2013
“Gino Paradise” Complex to be Officially Opened in Tbilisi in January
     
 
11 November 2013
United Water Supply Company to Have a New Office in 2016
     
 
09 November 2013
M2 at the Hippodrome is taking Care of Green Space around the Housing Complex
Tbilisi, 8 November 2013 – the development company M2 Real Estate has carried out large-scale works looking after the trees and other plants around t
     
 
07 November 2013
Gov’t Considers the Possibility of Changing a Tax Regime for Hotel Business
A special commission of the Ministry of Finance will discuss a possible change of a tax regime for hotel business. According to
     
 
31 October 2013
Construction of New Business Centre is set to Resume
TV3 has found out that the project to replace the Tbilisi Department Store will be discussed at the next government meeting. The Deputy Minister of the Economy Dimitri Kumsishvili has stated that the company Willbrook will invest $20 million into the co
     
 
28 October 2013
"Axis" Begins Cooperation with American Company " DuPont"
     
 
25 October 2013
Tbilisi to Host the Marketing Brilliance Awards
The first international marketing awards will take place in Georgia today. For the first time, the London Marketing Brilliance Awards will be hosted by T
     
 
24 October 2013
Head of Investment Agency Expecting Investment Figures Similar to Last Year
The head of the Georgian Investment Agency Giorgi Pertaia expects this year’s investment figures to be similar to those from 2012. The total volume of in
     
 
23 October 2013
Turkish Textile Giant to Invest One Million Dollars in Georgia
     
 
22 October 2013
"Fly Georgia” Plans to Return to the Market with Premium -quality Service
     
 
21 October 2013
Businessman Caesar Chocheli Going to Collaborate with Co-investment Fund
The businessman Caesar Chocheli announced about  his intention to implement a number of projects with the Co-investment Fund. In particular, ac
     
 
15 October 2013
Gudauri “Radisson '' to Take First Visitors Next Winter
Radisson '
     
 
15 October 2013
Centre Point after the Return
What is the situation at Centre Point construction sites 6 months after the assets were returned to the company? According to a statement from the company, 4 of the housing units are near
     
 
10 October 2013
Proposals for another Investment Fund
How real is the possibility of another investment fund being established in Georgia? The Israeli company Elenilto Group has come up with the initiati

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