The FINANCIAL -- The ban on Russia-Georgia fligts imposed by Russian president will harm both countries, Veritas Global , Geneva based company said. Russian airlines, which offer 76% of the capacity, will be worst impacted and stand to lose $225 million in revenue per year. Georgian airlines will face revenue losses of $61.3 million. “The proposed ban will have negative consequences for ...

The FINANCIAL -- Statements made in 2016 about the construction of the Technological University of Kutaisi and a large infrastructure project, the Dream Town, were followed by a positive response of ...

AmCham Georgia has sent letter to Minister of Finance Machavariani requesting suspension of recent changes in tax law, that requires all companies to pay tax within 5 days of import, rather than the ...

The FINANCIAL -- On 6 June, TBC Bank Group PLC hosted an investors day in London. The event took place at the Stock Exchange offices and was attended by investors, analysts and financial sector reps ...

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