Georgia

The FINANCIAL -- More than GEL 1 million is being invested in Georgia by the newly opened insurance company Kopenbur which was established in Georgia in May 2014 by German founder and chairman of the supervisory board Franjo Vidichek. A new player on the Georgian insurance market, Kopenbur plans to occupy a significant share of the market and to make it into the top five insurance companies by ...

The FINANCIAL -- With GEL 200,000 Bank of Georgia has launched a startup business investment project - VEGA Startup Lab. Applicants with creative business ideas who are selected for the project will ...

The FINANCIAL -- Russia, the CIS and Georgia is a priority market for InterContinental Hotels Group (IHG) and the company’s long-term strategy for this market has not changed due to the unrest in ...

The FINANCIAL -- Bank of Georgia has signed a memorandum of cooperation with the European Chess Union. The Bank will financially support the establishment and popularization of chess at schools, as ...

The FINANCIAL -- German FDI in Georgia might exceed USD 100 million if current plans are realized. The most attractive sectors for German investors are: construction goods, agriculture, logistics and ...