Azerbaijan, along with key high- level officials, opened the trilateral Georgia-Turkey-Azerbaijan Business Forum on February 16. The Forum aimed to discuss opportunities for development projects, growth in exports and foreign direct investment among the three countries.

"A new wave of Israeli investments in Georgia has already begun," Itsik Moshe, President of the Israel-Georgia Chamber of Business, told The FINANCIAL. "Pre-crisis investments of 300 million will be doubled very soon. I would say that the return of Jewish investments to Eastern Europe will begin from Tbilisi ...

Aleksandrs Frolovs of DPA: Forming professionals out of specialists is possible through high-level education and training. DPA, an international IT Company in Eastern and Central Europe entered Georgia last year in May 2011.

In the seaside resort town of Batumi sits a glass structure with an open atrium and tinkling Muzak chosen by marketing gurus. The blonde-wood counters and children's play area suggest a Scandinavian furniture store. But this is a government facility in a country once pockmarked by Stalin-era concrete.

It's time to plan your winter holidays. The mountainski resorts of Georgia are ready to open the season from December 25. Gudauri, Bakuriani and Mestia, the top three winter resorts in the country, are currently carrying out their last preparatory activities. This winter mountain trail is offering visitors renewed infrastructure...

The insurance industry is back to growth, as shown by Swiss Re's annual assessment of global insurance markets for 2010. Premium volume grew in three quarters of the 78 markets covered in the publication. Growth was particularly strong in emerging markets. At the same time capital and solvency in the insurance industry improved robustly but low interest rates still had a negative impact on profitability.

According to the National Statistics Office of Georgia the annual inflation rate fell to 10.0% in June 2011. This alteration has caused an expectation of reduction of the inflation rate in society.

"When an accident happens, that's when we are most needed. That's why we are always focused on the constant improvement of our claims handling process," said Dima Dzirtkbilashvili, Claims Director, GPI Holding.