Press & Information

South-South Asia-Pacific Finance Center Looking For The Opportunities In Georgia
12 January 2015
The FINANCIAL -- The South-South Asia-Pacific Finance Center is looking for potential projects that may involve investments in Georgia. Its first and the possible partner can be Rustavi Steel. The negotiations between the sides have already started. The representatives of South-South Asia-Pacific Finance Center believe that there are lots of opportunities in Georgia and they have positive feelings about the country's economical development. “We are meeting with the representatives of Georgian government to catch their views about the foreign investments and cooperation...
The New Year Charm of Georgia’s Winter Resorts
08 January 2015
Georgia’s active winter resorts of Bakuriani, Gudauri and Mestia are hosting more and more visitors every year. Their geographically favorable location, numerous peaks and mountains of the Caucasus leave unforgettable impressions on those who visit Georgia’s ski resorts. Georgia is among the small number of countries where it is officially allowed to ski from a high mountain on non-pressed snow. Those of a less extreme persuasion can conquer ski routes of different difficulty levels with quads or sledges instead...
The Georgian Holidays: What You Need to Know
25 December 2014
The long-awaited holidays are just around the corner with a sackful of new experiences, plans and surprises for us all. If you are familiar with Georgian culture, it will be no surprise to hear that the Georgians can- and do- turn any holiday celebration into a feast...
Exclusive with David Narmania: Tbilisi on the Way to the City of the Future
25 December 2014
Like the Mayor of London, David Narmania, the Mayor of Tbilisi, has also committed to planting thousands of additional trees in Tbilisi by spring 2015. He has already planted more than 20,000 trees with his co-workers and has managed to attract many volunteers for the initiative. During his first five months in service as Mayor of Tbilisi...
Corporate Governance To Help Georgian Companies Attract Foreign Investors
22 December 2014
The FINANCIAL -- Implementing good corporate governance practices can help Georgian companies attract foreign investors and partners, gain competitive advantage, increase financial returns, and provide shareholders with greater security on their investments...
Bosch Opening A Warehouse in Tbilisi
02 December 2014
The FINANCIAL -- Due to increased construction activities in Georgia, in particular in Tbilisi, Bosch has decided to start operation of a new warehouse in Georgia. The new 1,600 sq.m Bosch warehouse will be opened on 16 December. The warehouse is located near to Tbilisi International Airport on a base belonging to Gebrüder Weiss...
According to the World Bank, Georgia has the highest economic growth
24 November 2014
Nodar Khaduri: Minister of Finance of Georgia “According to the World Bank, Georgia has the highest economic growth. If we have a 6% economic growth, the country holding the second position in our category - Armenia, has a 3.2% growth.” Guram LOBZHANIDZE FactCheck According to the Minister of Fi­nance of Geor­gia...
The Potential of the Georgian Telecommunications Industry
17 November 2014
Georgia could be­come a telecom­munications hub uniting Asia and Europe. Its strate­gic geographical location has contributed to the interest of leading telecommunication companies from Azerbaijan, Germany, Ukraine and Rus­sia. From its side China is of­fering Georgia the opportuni­ty to switch to the “Silk Road Economic Belt”. Meanwhile...
Gudauri Armed and Ready for Ski Season
10 November 2014
As the temperatures start to fall, the popular mountain resort of Gudauri is fully prepared for the opening of the ski season. Cableways have been repaired, skiing tracks cleared of stones and, most importantly, a snowmaking system was installed, which can extend the ski season for an extra one and a half months. This season is scheduled to open on December 13. Last year many tourists were dissatisfied with the poor weather conditions and lack of snow in the mountains. To combat against these climactic obstacles...
Untouched Beauty of Javakheti Protected Areas Attracts Tourists
06 November 2014
Whether you prefer steep mountains or grassy steppes, wide meadows or thick forests, Georgia is the country you should put on your traveler’s bucket list. The country is blessed with diverse natural resources that spread from semi-tropical beaches on the Black Sea coast to the snow-capped Caucasus Mountains. There are numerous regions worth visiting in Georgia...