USbusiness in Georgia- Page 2

Adjara Group to Build an International Airport in Kazbegi and Invest More in Aviation

December 12, 2016

The FINANCIAL -- Adjara Group plans to invest in building an international airport in Kazbegi, operate an Air Taxi service for private charter flights, and will soon introduce Intercontinental Hotel in Tbilisi, as Mr. Oto Berishvili, Director of Marketing and Business Development of Adjara Group Hospitality, told The FINANCIAL.

General Director of Georgian Manganese: Crisis was encouragement for our team to find a market for surplus ores

The FINANCIAL -- Georgian American Alloys expects the following year to be

by Nikoloz Charkviani

December 12, 2016

4 mins read

President of AmCham Georgia: We find that investors are more excited and willing to invest once they actually come and see Georgia

The FINANCIAL -- “The sectors in which US investors are most interested

by Nikoloz Charkviani

December 12, 2016

5 mins read

GIG CEO: GIG to construct coal-fired power plant in Gardabani, Georgia

The FINANCIAL -- In response to increasing level of consumption, Georgian Industrial

by Nikoloz Charkviani

December 12, 2016

5 mins read

USbusiness in Georgia

Switching from Consumption to Saving

The FINANCIAL -- Focused on creating and enjoying maximum comfort today, consumers are buying goods and services that are not creating value for the long term wealth of the individuals, moreover soon these goods are becoming less valuable if not useless. The

by Madona Gasanova

November 3, 2014

8 mins read

USbusiness in Georgia

MFI Crystal Achieves 108% Increase of Borrowers in 2014

The FINANCIAL -- Crystal, one of the leading microfinance organizations in Georgia, has boosted its credit portfolio by 62% in 2014 in comparison with the prior-year period. The company plans to expand its market share and reach 9%. Well-organized risk management is

by Madona Gasanova

November 3, 2014

8 mins read

USbusiness in Georgia

Wilhelmsen Ships Service to Open New Terminal and Facilitate Shipment of New Cars

The FINANCIAL -- Wilhelmsen Ships Service Georgia, a leading company in the South Caucasus region, has plans to expand by investing in new logistics facilities in Georgia. The company management is currently working on the development of the new vehicles logistics business.

by Galt & Taggart

November 3, 2014

3 mins read

USbusiness in Georgia

AmCham President: “Restrictive Visa Regime has been a Nightmare for Many Foreigners”

The FINANCIAL -- AmCham Georgia members do not feel there has been any notable improvement of the Georgian investment climate since the new government came into power in 2012, said Sarah Williamson, President of the American Chamber of Commerce in Georgia. The

by Madona Gasanova

November 3, 2014

6 mins read

USbusiness in Georgia

“Georgia Must Make a Clear Rejection of the Eurasian Customs Union,” American Chamber of Commerce

The FINANCIAL -- The gloomy outlook for the European and global economy in 2014 can affect foreign direct investments as well as Georgia’s export potential, Michael Cowgill, AmCham First Vice-President, told The FINANCIAL.

by The FINANCIAL

November 4, 2013

6 mins read

USbusiness in Georgia

Georgia Needs Deposit Insurance

The FINANCIAL -- It’s hard to say when deposit insurance will become mandatory in Georgia. At least in the short term it seems a bit unrealistic to me,” Zurab Gvasalia, President of the Association of Banks of Georgia (ABG), told The FINANCIAL.

by The FINANCIAL

November 3, 2013

4 mins read

USbusiness in Georgia

Swiss Investments are Close to USD 200 Millions in Georgia

The FINANCIAL -- Following the first ever Georgian-Swiss Business Forum the State Secretariat of Switzerland has expressed interest in investing in Georgia.

by The FINANCIAL

November 3, 2013

5 mins read

USbusiness in Georgia

U.S. the Most Demanded Study Destination for Georgians, but Not Affordable

The FINANCIAL -- The United States is one of the most popular countries for Georgian students to study in. But the statistics show that the number of students studying in the U.S. is very low. The comparably expensive travel costs and high

by Galt & Taggart

November 3, 2013

2 mins read

USbusiness in Georgia

Wendy’s Increased Smart Supermarket’s Sales by 16 Percent

The FINANCIAL -- Of the two biggest projects implemented by Wissol Group in 2013, the introduction of American brand Wendy’s to the Georgian market was the most significant, Soso Pkhakadze, President of the Wissol Group, told The FINANCIAL.

by The FINANCIAL

November 3, 2013

4 mins read

USbusiness in Georgia

Georgia Lacks Mid-Range and Budget Hotels, Report States

The FINANCIAL -- Georgia is missing midmarket and budget internationally branded hotels, HVS Global Hospitality Services told The FINANCIAL. The company, which monitors the global hospitality business, says there is great potential for hotel development in both the sea and mountain resorts

by The FINANCIAL

November 3, 2013

3 mins read