business in Caucasus

Gakharia summarizes 2019 in Georgia

Georgian Prime Minister Giorgi Gakharia has summarised 2019 at the governmental meeting today. He has cited the occupation and jobs as key challenges for the country, adding that the Georgian economy is advancing. …

Read
Will Pashinyan topple Tsarukyan?

Armenia's State Revenue Committee is demonstrating keen interest in the companies owned by leader of Prosperous Armenia party Gagik Tsarukyan. Vice-chairman of State Revenue Committee Edward …

Read
Investments in Georgia decreased by 17%

According to the data published by the National Statistics Service, from January to September, the volume of investments in Georgia amounted to $ 908.9 mln, which is 17% less than last year. At the same time, Turkey, Great Britain, USA, …

Read
Moscow hosts 10th Russia-Azerbaijan Interregional Forum

The 10th Russia-Azerbaijan Interregional Forum has opened in Moscow today. The event is co-organized by the Russian Ministry of Economic Development and Azerbaijan’s Ministry of Economy. The business programme will feature an …

Read
Georgia's new business ombudsman appointed

Georgian Prime Minister Giorgi Gakharia has appointed a new business ombudsman, Mikheil Daushvili, today. Mikheil Daushvili thanked Gakharia for trust and spoke about the main challenges in the …

Read
Conti International LLC quits Anaklia port project

The representatives of US Conti International LLC denied reports that the organization intends to cooperate with the Anaklia Development Consortium, which is constructing a deep-sea port in Georgia. Earlier, Levan Akhvlediani, head of …

Read
Azerbaijan ranks 34th in Doing Business 2020

Azerbaijan takes 34th place among 190 countries in Doing Business 2020 rating published by the World Bank. According to the WB report, Azerbaijan made improvements in areas of registering property, getting credit, protecting …

Read
Tbilisi court freezes 60% of Rustavi 2 TV shares

Tbilisi City Court has ruled that 60% of shares of TV channel Rustavi 2 be frozen after two founders of the channel filed a lawsuit against current owner Kibal Khalvashi last week. Khalvashi, who stated his shares …

Read
Ingushetia to buy sheep in Dagestan

The authorities of Ingushetia intend to buy sheep in Dagestan, as well as heifers in the Lipetsk region, Deputy Minister of Agriculture of the Republic Mukhazhir Albakov said noting that supply negotiations were held with the regions in the …

Read
Karachay-Cherkessia to host industrial forum in December

The leadership of Karachay-Cherkessia will organize an industrial forum to establish contacts between regional producers and large federal networks. The event will be held in December 2019, the deputy director of the Center for Entrepreneurship …

Read
Akhavnadzor residents stage “grape protests”

The Yerevan-Meghri highway in the Vayots Dzor region of Armenia was blocked today by residents of the village of Akhavnadzor - they are protesting against low purchase prices for grapes. In total, up to 150 villagers took part in the protest. …

Read
Entrepreneurs to gather at South Gate forum in North Ossetia

North Ossetia will host the South Gate international economic forum in November. The event will bring together business representatives from all the republics of the North Caucasus Federal District for the first time, the head of the Department …

Read

Populars