Business
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Teliani Valley is ramping up its operations in the United States through partnerships with wine importing companies, Georgian House of Greater Washington and Palmateer Consulting LLC, to represent Teliani Vineyard across all states.
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Recently, TBC Group acquired an international payment platform to help businesses easily and quickly receive and manage payments, increase sales, and provide the best customer experience. This platform has been successfully operating on the international market for over seven years, serving leading companies in the industry.
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The Communications Commission of Georgia is considering designating "Magti" as an operator with significant market power. If granted, this status would allow the Commission to impose new regulations on "Magti," which, according to Commission member Ekaterine Imadedze, would improve competition in the market. The proposed regulations include the admission of virtual operators and other measures to be defined for "Magti."
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The prices of shares of Georgian companies on the London Stock Exchange are falling. As a result of today’s trading, the values of shares of Bank of Georgia, TBC PLC, and Georgia Capital have decreased.
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Georgia's local beer production continues its upward trend this year, paralleling the dynamic growth of the country's economy, according to industry representatives.
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International ratings powerhouse Moody's has boosted Liberty Bank's long-term outlook to a 'stable' status.
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IDS Borjomi Georgia is expanding the "Bakuriani" portfolio by venturing into the flavored water segment, introducing a healthier, fruit-infused alternative to the Georgian market.
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Liberty Bank has successfully acquired the "Topcard" product and retail credit portfolio from Rebank. The integration of this new product into Liberty's existing system is scheduled to be implemented gradually over a two-month period. Starting from today, during this transitional phase, "Topcard" customers will continue to receive retail services from Rebank as usual.
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The recent implementation of visa-free travel to China for Georgians is heralded as a significant boost for Georgian wine exporters, enabling more direct engagement with one of the largest markets in the world.
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The Competition and Consumer Protection Agency has released an interim report on its ongoing analysis of Georgia's blueberry market.
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In a positive trend for the Georgian wine industry, exports have shown significant growth at the start of 2024. January witnessed an impressive export of 6.5 million liters of Georgian wine to 36 countries worldwide, marking a substantial 22% increase compared to the same period in the previous year.
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The Georgian Agency of Competition and Consumer Protection, within the food service sector, has set a standard to safeguard consumer interests by mandating the disclosure of total prices.
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Visa and TBC have joined forces to launch Visa's international payment platform, Visa Direct, in Georgia. The cooperation agreement was signed by TBC General Director Vakhtang Butskhrikidze and Ivan Ponomarov, the Head of Visa VDA for the Central Europe, Middle East, and Africa (CEMEA) region.
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Visa and TBC have joined forces to launch Visa's international payment platform, Visa Direct, in Georgia. The cooperation agreement was signed by TBC General Director Vakhtang Butskhrikidze and Ivan Ponomarov, the Head of Visa VDA for the Central Europe, Middle East, and Africa (CEMEA) region.
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Georgia's National Competition Agency has imposed fines on four pharmaceutical companies for anti-competitive practices, specifically for violating Article 7 of the Law of Georgia "On Competition". This violation occurred within the state-funded program for oncological medicines.
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Georgia's chocolate industry is witnessing a delightful surge, particularly with the rising popularity of its domestically produced chocolate pitchers. These unique confections have become a hit among both locals and tourists, who often purchase them as gifts to take abroad. Consequently, the sales of these chocolate pitchers have been doubling year after year.
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In the village of Khutsubani, at the St. George Monastery, an age-old tradition of bread baking is being revitalized with a unique and innovative approach. The monks use natural yeast, crafted from machchi and mchadi flour, for their bread-making process. This method, deeply rooted in ancient customs, requires 14-16 hours of meticulous attention.
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Starting your own business is a cherished desire of almost all of us, and its successful implementation requires correct commercial calculations.
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The tourism sector has marked a significant milestone in 2023, with earnings from international visitors reaching a record-breaking $3.3 billion in the first three quarters.
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"Business Partner" has unveiled a new weekly feature titled "Digital Partner". This column delves deep into pressing topics in the burgeoning realm of digital marketing.
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McDonald's Georgia has inaugurated its newest branch within Batumi's "Grand Mall". The restaurant promises its patrons the signature swift and high-quality service synonymous with the McDonald's brand.
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Hotel Qvevrebi is gearing up for an expansion in 2024, according to its founder, Giorgi Rochikashvili, who shared the news with "Business Partner".
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JSC Liberty Bank has issued a statement affirming its full compliance with international sanctions, specifically those levied by countries and allies integral to Georgia's financial sector.
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In the first half of 2023, Nikora Group, a leading player in Georgia's food production and retail sectors, unveiled robust financial figures, posting a 47% hike in net profit. The company disclosed these results in its semi-annual financial report aimed at its bondholders.
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This year, the Georgian government is earmarking approximately 15 million GEL to bolster the international presence of the country's wines, announced Otar Shamugia, the Minister of Agriculture.
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