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The FINANCIAL -- The prolonged crisis in Ukraine that started in November 2013 continues to have a negative impact on the Georgian economy. During 2014 and the first quarter of 2015 the loss to the Georgian economy is estimated to be USD 348,093,100. The major share, or over USD 216 million, has been caused by the reduced number of remittances, export and tourism from Russia. The loss to the economy from Ukraine is worth USD 132 million.

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The Women Business Council in Georgia (WBCG) is continuing to arrange a number of trainings and meetings in order to promote recognition of women in Georgia, to bring together women of diverse occupations and to provide opportunities for them to help themselves and others grow both personally and professionally.

World famous beauty company Avon, operating on the Georgian market since 2008, has reached ultimate geographical expansion in 2019 – delivering Avon products to 5,000 residential areas in Georgia.

Cake house Azzato, a Golden Brand winner, is set to become the largest confectionery network in Georgia after opening three new stores in the capital city Tbilisi this year.

Georgia’s leading company in the outdoor advertising market, Alma, will start modernizing and developing the advertising infrastructure in metro stations and buses in Georgia’s capital city of Tbilisi. This comes after winning an auction announced by Tbilisi City Hall and gaining the right to advertise on Tbilisi municipal transport.

Georgia’s largest construction company Anagi is celebrating 30 years of anniversary this year.

Founded in 1989, Anagi today takes the leading position in Georgia’s construction sector, uniting over 200 completed projects in its portfolio.

Apex, a company that creates automated systems for business processes management in Georgia, is launching a new product in 2019 – a cloud version of the Apex Enterprise Resource Planning (ERP) system that will be designed for small enterprises in Georgia.

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The brand popularity is revealed by the preliminary survey making key focus on creative branding-related solutions. Entrees are judged by about 100 experts. Nominee brands are selected by awareness, popularity as well as by their creative advertising campaigns.

The winners will be granted with diplomas and Golden Brand Statue. The event will be broadcasted via television, radio, printed and online media.

 

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