Monthly Archives: October 2017

Racha Origin Fir-Trees are Being Sold in Europe

TBILISI(BPI)- Every year in Europe, 45 million Christmas trees trees are sold, 90% of these trees are from the seed that is supplied from Racha. In the tributary of the village Nikortsminda, there is growing Caucasian Sochi, same as Nordman, which is exported to the grill seed in Europe by Fair Trade since 30 years. pinecone brought from Georgia is a specially ...

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Supporting the Extended Producer’s Responsibility in Georgia

TBILISI(BPI)- Over 70 Georgian Government officials, representatives of international and non-governmental organizations, business associations, chambers and companies will get together on November 1, 2017, 09:30, in Hotel Holiday Inn, Tbilisi, to discuss the Extended Producers’ Responsibility (EPR) in Georgia. The meeting participants will discuss the EPR models and policy instruments in developed countries, and the current situation in Georgia, including the ...

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Pension on 1000-GEL Salary will Be 500 GEL on Average

TBILISI(BPI)- “Pensioners will receive about 500 GEL a month on averaged 1000 GEL salary saved for 30 years, excluding basic pension”, Deputy Minister of Economy Nino Javakhadze said. These calculations are not exact, because salaries, saving years and the type of risky investments may be different, Javakhadze said. Saved funds may be withdrawn in several cases: if a person dies, ...

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Georgian Tatara on the United Kingdom Market

TBILISI(BPI)- Georgian Tatara has appeared on the UK market. Georgian sweets producing company has already sent products to the United Kingdom. Davit Ramazashvili, the head of the company told the Business Course that the trial party was sent a few weeks ago in the UK and received a relatively large number of orders. The company has also sent experimental parties ...

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Teona Akhobadze: ‘PR and Marketing is Like a Living Object, that constantly pulses

TBILISI(BPI)- Interview with Teona Akhobadze, Marketing and Communications Manager of Global Real Estate company  “Colliers International Georgia” – Why did you decide to enter this field and what opportunities does PR and Marketing offer in terms of career growth? – Right now I am the marketing and communications manager. Generally, by profession I’m TV-radio journalist. It’s been already years since ...

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China to overtake U.S. as largest air travel market

TBILISI(BPI)-China is going to surpass the U.S. as the world’s largest air travel market in the next five years — sooner than expected. In its annual forecast, the International Air Transport Association shifted its expectations about the center of gravity of world air travel eastward, away from the U.S. and Europe. The global airline industry group anticipates that 7.8 billion ...

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Georgia’s Financial Market is at the Stage of Pawnshop Loans

TBILISI(BPI)- The National Bank of Georgia made  statements on corporate bonds issued by local companies and warned potential buyers about potential risks – in particular, the securities do not have any guarantees from the state or the National Bank, and the payment of dividends on them is completely the responsibility of the companies. Experts negatively assessed the possible impact of ...

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Coca Cola Bottlers Georgia is Set to Enter the Financial Market

TBILISI(BPI)- Since 2018, Coca Cola Bottlers Georgia will start preparing for  entering  the financial market – the head of the company Temur Chkonia says. The businessman notes that the group is actively working on this now and will announce  the launch of security issuance in the nearest future. “Our company exists for 25 years, we have conducted  international audits more ...

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E-governance Development Tendencies in Georgia

TBILISI(BPI)- Shaping E-Governance environment grows efficiency of services, governance, government’s accountability, transparency of processes. The system is represented in innovative and democratic governance and these factors ensure the strength of the country. The role of E-governance is very important for promoting a transformation of state governance environment and shaping efficient bureaucratic system. It should be noted that Georgia has achieved ...

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EU Ambassador: Regretfully, DCFTA Opportunities Remain Unknown for Many Citizens of Georgia

TBILISI(BPI)- “Regretfully, today many citizens of Georgia are unaware of DCFTA opportunities”, the EU ambassador in Georgia Janos Herman told Business Morning. The Deep and Comprehensive Free Trade Area agreement comprises very complicated processes and additional efforts are required to deliver the due information to Georgian farmers. “EU and its delegation, jointly with Government of Georgia, implement very important activities ...

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