PUBLICITY
Warsaw: Gel190 Kiev: Gel200
Round Trip, including all taxes ! Call: 2 999 662
ING in Poland
and Turkey introduce
digital wallets
Read on p. 10
What else Georgia
should do?
Read on p. 12
News Making Money
2 June, 2014
& s
s
l
e ket
t
ho rtic
Ai
http://www.finchannel.com
Georgian website
Anti-Semitic
Beliefs Remain
Prevalent in
Post-Soviet
Space
Pawnshop
“International F&B Mentality
Maya Grigolia and
Brands Looking to byFlorian
Biermann
Enter the Market”
ISET Policy Institute
Cushman & Wakefield | Veritas Brown:
The FINANCIAL
Merab Pachulia
GORBI
A
s stated in
Wikipedia
anti-Semitism
is prejudice,
hatred of, or
discrimination
against
Jews as a national, ethnic,
religious or racial group.
A survey of attitudes
toward Jews in over 100
countries around the globe
revealed that 1.09 billion
people in the world harbor anti-Semitic attitudes,
thus demonstrating that
anti-Semitism is not simply an artifact of human
history and that ill sentiments remain.
Continued on p. 6
ATU Duty Free
to Invest USD
250,000 in Renewal
of Shops in Tbilisi
International
Airport
See on p. 5
CURRENCIES
May 30
May 24
1 USD 1.7719
1 EUR 2.4116
100 RUB5.1012
1 TRY
0.8466
1.7713
2.4125
5.1620
0.8476
http://www.financial.ge
“Over the next couple of
years Tbilisi will be in a
better position to accommodate a large-scale roll
out of international brands
and retail groups,” Steve
Brown, Chief Operating Officer of Cushman &
Wakefield | Veritas Brown,
told The FINANCIAL.
CW | VB received the
Golden Brand award for
Favourite Brand - Real
Estate Advisory. CW |
VB provides an extensive
range of commercial real
estate services to suit all
their clients’ needs, such
as Leasing, Capital Markets, Consultancy Services,
Valuation & Advisory, Research, Property Management and Serviced & Virtual Offices.
Continued on p. 4
PSP - “Georgia Needs
a GMP Regulatory
Institution”
The FINANCIAL
“Of course it is very difficult to change people’s
perceptions on a large
scale, but we have managed to make Georgianquality medicines not
only popular medically,
but also throughout the
whole of society,” Gocha
Gogilashvili, General Di-
rector of PSP, told the
FINANCIAL. “It would
be desirable for a Good
Manufacturing Practice
(GMP) regulatory body
to be established in the
country, which would help
local producers to expand
their export markets and
production as well.”
Continued on p. 4
Caraps Medline
Expecting 15% Revenue
Increase in 2014
The FINANCIAL
A
esthetic, reconstructive
and
plastic
surgery clinic
Caraps Medline aims to have a 15% fi-
nancial increase in 2014.
The field of medicine
is rapidly developing,
Peride Khidesheli, Director of Caraps Medline,
told The FINANCIAL.
Continued on p. 6
“Jewelry you can pawn
whenever you encounter
financial difficulties”, we
were told by a friend. In
our circles of acquaintances there are quite a number of people who enjoy
the services of pawnshops.
The reasons range from
renovating
apartments,
paying tuition for children,
and buying new hi-fi systems for the car, to repaying the 1000 lari that the
18 year-old son had lost in
gambling.
visit
barcelona
Continued on p. 2
French
Bakery Entrée
to Become
International
Brand
The FINANCIAL
A
rtisan bakery
chain Entrée
will open its
doors to Azerbaijani
customers this summer. The
investment portfolio for
the three branches of Entrée in Azerbaijan consists
of EUR 1 million. This is
the first foreign destination for Entrée, which
aims to expand its network
to over 15 foreign countries eventually.
At present Entree operates 7 cafes, the last one
located at Leselidze #47
in old Tbilisi was launched
early this month.
Continued on p. 8
2 999 662 Email: sky@sky.ge
© 2014 The FINANCIAL. Intelligence business publication written expressly for opinion leaders and top business decision-makers
2
HEADLINE NEWS & ANALYSIS
financial news
Current prices on gasoline and diesel 2 June, 2014
ISSUE: 21 (401)
© 2014 INTELLIGENCE GROUP LTD
FINANCIAL
2 June, 2014 | finchannel.com
Prices in GEL
Super0.00
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CNG1.05
Prices in GEL
eko Super
eko Premium
eko Diesel
Euro Regular
Regular Energy
Diesel Energy
2.33
2.25
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2.13
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Prices in GEL
Prices in GEL
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Euroregular2.03
Eurodeasel2.22
Super Unleaded 98
Premium Unleaded 96
Euro regular
Regular Unleaded 93
Euro Diesel 5 10 PPM
w, Georgia
Prices in GEL
2.32
2.22
2.12
2.08
2.27
Euro Super
Efix Euro Premium
Euro Regular 93
Efix Euro Diesel
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Member of
KHACHAPURI INDEX AS A MEASURE OF REAL INCOME ACROSS GEORGIA
I
n May 2014, the price
of cooking one standard
Imeretian khachapuri lost
14.6%, signaling a return to
the regular seasonal pattern
of month-to-month declines. The
national index clocked 2.85 GEL,
with Kutaisi becoming the cheapest city at 2.72 GEL and Telavi
climbing to top with 3.04 GEL per
khachapuri portion.
To some extent, the geographic
variation in nominal food prices
(some of which are captured by
the khachapuri index) is a function of the regional gap in wealth,
wages and income, which affects
consumers’ demand for goods and
services. Importantly, the wealthier
Georgian regions are wealthier not
only in nominal terms: an average
Tbilisi household is able to maintain
a higher level of consumption compared with other Georgian locations
despite facing higher prices (Telavi’s
position at the top of the Index in
May is a temporary aberration).
To show this point, we calculated a measure of real khachapuri income per capita for different Georgian regions. We did so
Geographic variation in real (khachapuri) income per capita,
May 2014
Number of Khachapuri
Khachapuri price
500
3.5
2.84 GEL
2.81 GEL
400
3.04 GEL
2.72 GEL
3.0
2.5
300
2.0
200
1.5
377
333
318
280
100
1.0
0.5
0.0
0
Tbilisi
Adjara
by dividing the average nominal
income in each region (the latest
available GeoStat data are from
Imereti
2013) by the corresponding KhIndex. The resulting indicator
of real income, reported in the
Kakheti
chart, shows the number of (real)
khachapuri portions a family can
afford in each city of interest.
Pawnshop Mentality
by Maya Grigolia and
Florian Biermann
ISET Policy Institute
“Jewelry you can pawn whenever
you encounter financial difficulties”, we were told by a friend. In
our circles of acquaintances there
are quite a number of people who
enjoy the services of pawnshops.
The reasons range from renovating apartments, paying tuition
for children, and buying new hi-fi
systems for the car, to repaying
the 1000 lari that the 18 year-old
son had lost in gambling.
According to a survey of GeoStat (which accounts for all figures provided in this article), in
2013 the annual interest rate on
pawnshop loans was 54,1%. For
loans denominated in lari, the
rate was 61,7%, and for loans denominated in dollars or euro it
was 48,3%. The chart shows the
average interest rates pawners
have to pay in different regions
of Georgia. These interest rates
are surprisingly high, given that
the borrower provides a security
which should cover most of the
default risk.
Despite the exorbitant interest rates which come in addition to collateral requirements,
pawnshops are finding plenty of
customers in Georgia. In 2013,
682,000 people borrowed money
from Georgian pawnshops, of
which approximately 99,8 percent
were physical entities and the remainder were companies. This
means that more than 15% of the
Georgian population are pawning
property in exchange for money.
Why, for hell’s sake, are Georgians bringing their family silver,
grandma’s old golden necklace,
the 19th century painting, or just
their cellphones and cars to a
90
80
70
60
50
40
30
20
10
0
percent
CMYK
Chart 1: Annual weighted average interest rate on loans by regions
77.1
54.1
56.5
56.4
66.7
61.2
43.0
pawnshop for getting credit at
racketeering interest rates?
DESPERATE
BORROWERS
AND FINANCIAL
VAGABONDS
Could the reason be a lack of
competition between pawnshops,
allowing them to charge unreasonable interest rates? Rather
not. There are 1031 pawnshops
registered in Georgia (while there
are only 21 commercial banks, 69
microcredit institutions, and 17
credit unions). This amount of
competitors makes collusion or
oligopoly pricing quite unlikely.
To understand the apparent
riddle, one has understand the
state of mind of a typical pawnshop customer.
A collateralized loan is a twodimensional product. Given a
pawnable object, like an iPhone,
the pawnshop will propose a con-
30.4
66.6
39.9
36.0
tract that not only specifies the
interest rate, but also the amount
of money that can be handed out
for this particular collateral. If the
borrower is mainly interested in
how much money they get for the
iPhone and cares less about the
interest rate, the competition between pawnshops will mainly take
place in the credit volume dimension, i.e. the amount of money
given for the pawn.
Now consider that pawners are
typically two types of pawnshop
borrowers. There are desperate
people in dire need of money, not
thinking too much about what
they will have to pay back later.
This is not even irrational, as, say,
a heart surgery does not allow for
much delay. If having the money
is a question of life or death, one
can make up one’s mind later on
how to pay back, if at all.
The other type of borrower we
call “financial vagabonds”. Buying
a hi-fi system for the car with a
50% interest loan reveals a complete living in the now, neglecting any provisions for the future.
81.6
Economists say that such people
apply a high time discount rate
to discount future payments and
income. The existence of time discount rates was shown empirically
in psychological experiments, and
it was shown that time discounting is not exponential (as it would
be the case with an ordinary interest rate), but follows a hyperbolic
function. Time discount rates provide an important explanation for
existence of interest rates.
If one has an extremely high
time discount rate, one wants
everything now, and waiting is
considered unbearably painful. As
argued in a famous 1988 article
by Economics Nobel Prize winner
Gary Becker (“A Theory of Rational Addiction”, coauthored with
Kevin M. Murphy, The Journal
of Political Economy 96, pp. 675700), an almost infinitely high
time discount rate characterizes
drug addicts. They are going to do
everything, from prostitution to
Continued on p. 8
CMYK
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2 June, 2014 | finchannel.com
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FINANCIAL
2 June, 2014 | finchannel.com
Cushman & Wakefield | Veritas Brown: Bank
Lending
“International F&B Brands
Increased
Looking to Enter the Market” in April
The FINANCIAL
By Mariam Gogiberidze
“Over the next couple of years
Tbilisi will be in a better position
to accommodate a large-scale
roll out of international brands
and retail groups,” Steve Brown,
Chief Operating Officer of
Cushman & Wakefield | Veritas
Brown, told The FINANCIAL.
CW | VB received the Golden
Brand award for Favourite
Brand - Real Estate Advisory.
CW | VB provides an extensive
range of commercial real
estate services to suit all
their clients’ needs, such as
Leasing, Capital Markets,
Consultancy Services, Valuation
& Advisory, Research, Property
Management and Serviced &
Virtual Offices. The company
has been established to service
the growing need for expert
and professional advice in the
Central Asia and Caucasus
property markets and has
continued to go from strength
to strength throughout the
region.
Veritas Brown is aligned
with Cushman & Wakefield,
the largest privately owned
real estate services company
in the world. Being part of
the Cushman & Wakefield
global network enables Veritas
Brown to access the global
expertise of 16,000 professionals
in 250 offices in 60 countries
throughout the world.
Q. How would you evaluate
the year 2013 for the company?
A. 2013 was a year of growth and
expansion for the Tbilisi office. Head
count increased from nine to seventeen and turnover for the Group
went up by approximately 50%.
Globally Cushman & Wakefield had
a very good year with record revenue
of USD 2.5 billion, firmly placing
them in the top three commercial
real estate consultancies worldwide.
Q. What is the market share
of the company?
A. Our share of business within
the Georgian market is difficult to
gauge. We were the first internationally recognized commercial property
consultancy with a current permanent presence in Georgia, having
established an office here in August
2012. Our aim is not to be the biggest, but the “preferred” real estate
advisor across the Caucasus and CIS
regions.
Q. How would you evaluate
the Georgian real estate market?
A. The commercial real estate
market in Georgia is characterised
Steve Brown, Chief Operating Officer of Cushman & Wakefield | Veritas Brown
by a mix of wealthy individuals/
companies from Georgia and the
CIS as well as some prominent
international operators from the
Middle East, Europe and Asia.
Generally Georgia is a good place
to do business highlighted by the
country being ranked 8th highest
out of 189 economies in the World
Bank’s “Ease of Doing Business”
index. In terms of the future, we
believe that attracting foreign direct investment to the levels seen
in recent years is vital to the growth
of the economy.
Q. Which new brands entered Tbilisi Mall this year,
and which new brands are going to enter Tbilisi Mall by the
end of the year?
A. Koton, the popular fashion
brand from Turkey, recently signed
a new lease to take a 1,000 Sqm
store and a family entertainment
centre agreed to take 1,200 Sqm in
the Mall. We are also in dialogue
with the major retail brands both
regionally and through our network
of offices across the region. Brands
need multiple locations and over the
“Over the next couple of years Tbilisi will be in a
better position to accommodate a large-scale roll out
of international brands and retail groups”
Q. What can you tell us about
the projects in Batumi?
A. We are working on a number
of large-scale projects in Batumi,
including the Hilton Hotel development, which our development consultancy team supported. This is a
landmark mixed-use project with
a retail podium, which is attracting
well-established brands through
our retail team. We are supporting
other, similar, projects in respect of
development advisory and investment finance.
next couple of years Tbilisi will be in
a better position to accommodate a
large-scale roll out of international
brands and retail groups. We are
also working with many international F&B brands looking to enter
the market and seeking investment
support.
Q. What will be the main
challenge for the Georgian real
estate market this year?
A. Attracting foreign direct investment to the levels seen in recent
years rather than relying on domes-
tic sovereign wealth funds, such as
the Georgian Co-Investment Fund.
Q. What needs to be improved in Georgia to attract
more tourists?
A. Hospitality provision should be
improved - standards of customer
service are important for all tourists
and having a range of accommodation options that cover all demographics of visitors from backpackers and students to business people
and government delegates. Infrastructure is also important to ensure
visitors have the ability to visit all 4
corners of the country. We are also
talking to a number of family entertainment centre operators, Tbilisi
suffers from a lack of such operators
and we are hoping to bring key players to improve the leisure and entertainment market.
Q. What are the main mistakes made by local retail
representatives, what advice
would you give to them?
A. The more successful brand expansions are undertaken viewing
Georgia as part of a broader regional
territory throughout the Caucasus and Central Asia. Cushman &
Wakefield are the number one retail
brokers globally having completed
8,500 retail leasing and sale transactions with an aggregate value of USD
21.4 billion in 2013. We have access
to their extensive client base and understand the requirements for such
brands. We find that brands start
their regional roll out in Kazakhstan,
supported by our office there, and
then move west to the Caucasus region.
Q. What will be the main
challenge in 2014?
A. Ensuring we remain the leading
international property consultant in
the region and improving the high
standards of service we have already
set to the benefit of our clients, both
existing and new. We have direct
access to Kazakh and Middle East
investment through our Almaty office Capital Markets team. Bringing
these investors to Georgia will be a
challenge, but ultimately rewarding
for all concerned.
Q. What should we expect
from you in 2014?
A. We recently won the Golden
Brand Awards for best real estate
advisory firm 2013 and we hope to
build on this success. We believe we
have built a team capable of delivering, and maintaining, a high level of
advisory support to all our clients.
Our vision is to be the preferred real
estate advisor in the region. This vision drives all that we do and our
values guide our behaviour in all of
our business dealings. Our clients,
our core competencies, and the ability of our people to deliver those core
competencies make up our brand,
and we approach business with a
discipline, consistency, simplicity
and transparency that is unique and
is what differentiates us from our
competitors.
The FINANCIAL -- The volume of
lending by commercial banks (including loans to non-residents) in
April 2014 increased by 140.4 million GEL (1.3 percent) compared to
the previous month, constituting
10.8 billion GEL by May 1, 2014.
The volume of loans provided in
the national currency increased by
3.0 million GEL (0.1 percent) and
the volume of loans in foreign currencies increased by 137.2 million
GEL (2.1 percent), according to National bank of Georgia.
By the end of April 2014, commercial banks issued 1.2 billion
GEL worth of national currencydenominated loans (3.2 percent, or
37.7 million GEL, less than in the
previous month) to resident legal
entities and 4.3 billion GEL worth
of loans in foreign currencies (1.8
percent, or 74.1 million GEL, more
than the previous month).
Of the total volume of lending to
legal entities, the biggest share falls
on trade - 44.6 percent. Compared
with the previous month, in April
2014 the volume of loans provided
for trade increased by 0.2 percent,
or 4.3 million GEL, and exceeded
2.4 billion GEL.
The share of loans provided to
the industrial sector constituted
17.0 percent of all loans to legal entities, amounting to 926.5 million
GEL by May 1, 2014 (1.8 percent, or
17.4 million GEL, less than in April
1, 2014); 7.9 percent falls on construction, amounting to 429.4 million GEL (a increase of 2.1 percent,
or 8.6 million GEL). Therefore,
69.5 percent of the total volume
of lending to legal entities falls on
only three sectors - industry, construction and trade.
The volume of lending to resident individuals increased by 1.9
percent, or 92.2 million GEL, during April 2014 and exceeded 5.0
billion GEL by May 1, 2014.
As of May 1 2014, the banking
sector in Georgia is represented
by 21 commercial banks, including 18 foreign-controlled banks
and two branches of non-resident
banks. Compared with the previous
month, the total assets of Georgian
commercial banks increased (in
current prices) by 0.3 billion GEL
(or by 1.9 percent) and constituted
17.9 billion GEL. The banking sector’s own funds (equity capital)
equal 3.1 billion GEL, which makes
up 17.1 percent of the commercial
banks’ total assets.
The share of foreign capital in
banks’ total paid-in capital constituted 78.4 percent.
In April 2014, the banking sector finished with a net profit of 25.3
million GEL.
The five banks with the largest assets constituted 76.3 percent
of the total share of assets in the
banking sector.
FINANCIAL HEADLINE NEWS & ANALYSIS
5
financial news
2 June, 2014 | finchannel.com
PSP - “Georgia Needs a GMP
Regulatory Institution”
The FINANCIAL
By Mariam Gogiberidze
“Of course it is very
difficult to change
people’s perceptions
on a large scale, but
we have managed to
make Georgian-quality
medicines not only
popular medically, but
also throughout the
whole of society,” Gocha
Gogilashvili, General
Director of PSP, told the
FINANCIAL. “It would
be desirable for a Good
Manufacturing Practice
(GMP) regulatory body
to be established in the
country, which would
help local producers
to expand their export
markets and production
as well.”
PSP has received a
Golden Brand award
for the ninth time in the
category of Favourite
Pharmaceutical
Company. PSP has
existed on the Georgian
pharmaceutical market
since 1995.
Gocha Gogilashvili, General Director of PSP
Q. How would you evaluate the year 2013 for
PSP?
A. 2013 was a successful
year for the company. Since
the post-war crisis of 2008,
2013 was a year of growth for
the pharmaceutical market,
which also positively reflected
on our company’s annual results.
Q. What is the market
share of PSP?
A. With the data provided
by the Ministry of Health,
Labour and Social Affairs of
Georgia, our company PSP
has a market share of 20%.
PSP has stably maintained this
market share percentage over
the years.
Q. How did the sales of
the previous year compare to the first quarter of
2014?
A. As I mentioned, the country’s pharmaceutical market
has increased, which has been
reflected in our company’s
sales as well. Also, there was
an increase in the first quarter of 2014 compared with the
same period of the previous
year.
Q. In what way do you
try to compete with other
pharmaceutical companies?
A. Our company’s main
priority from the beginning
was and still is the extent
and quality of our services,
as well as the quality of the
medication itself. Our company was the first in our field
to develop service standards
in its daily activities. This is
proved by the distribution
company PSP - Pharma, as
well as the whole of the PSP
- Pharmacy network, which is
the holder of an international
quality certificate, in addition
to of course the production
of GMP over the years. The
company constantly ensures
that the guaranteed quality
of medicines across the land
is available to the widest possible range of consumers all
over the country, territorially
as well as in terms of having
accessible prices. The proof
of the afore-mentioned statements is demonstrated by
the regional centres and 178
pharmacies that can be found
in every district and which
constantly provide the lowest
prices along with holding discount promotions of the topselling medications.
Q. Which countries do
you export your products
to?
A. We export our products
to Moldova, Ukraine, Azerbaijan, Armenia, Kazakhstan,
Uzbekistan, Kyrgyzstan, Tajikistan and other countries. In
total we export to 11 countries.
Q. What is the situation
like in foreign countries
in terms of sales?
A. Abroad, comparing the
year 2013 to 2012 we had
25% growth. We also had 34%
growth in the first quarter of
2014 compared to the same
period of 2013.
Q. How do Georgian
medicines compete with
foreign ones?
A. Of course it is very difficult to change people’s perceptions on a large scale, but we
have managed to ensure that
Georgian-quality medicines
are not only popular medically, but also throughout the
whole of society. In the year
2013, compared to 2012 there
was 22% growth. The results
from the first quarter of 2014
are 7.5% higher than the results of the previous year.
Q. Which types of medicines do consumers generally prefer - foreign
ones or Georgian?
A. Our pharmaceutical
manufacturing is relatively
new compared to that of
other countries (Russia and
Ukraine for example) where
local production is up to 3540%. Here, this share is only
15%. But the share is increasing statistically, which shows
great change.
Q. According to the information you have available, which foreign companies are going to enter
the Georgian market?
And are there any companies which had planned
to enter the market but
have now postponed?
Continued on p. 8
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+995 32 2505 955
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+995 32 2505 955
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CMYK
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HEADLINE NEWS & ANALYSIS
financial news
FINANCIAL
2 June, 2014 | finchannel.com
Caraps Medline Expecting
15% Revenue Increase in 2014
The FINANCIAL
By Madona Gasanova
A
esthetic, reconstructive
and plastic surgery clinic Caraps Medline aims
to have a 15% financial
increase in 2014. The
field of medicine is rapidly developing, Peride Khidesheli, Director of
Caraps Medline, told The FINANCIAL. She says that consumer behaviour has transformed drastically
since 1998.
“It is interesting how client behaviour has been transforming since
1998. Patients were unsure about
entering the clinic at the beginning.
There was a high demand for anonymity. Today, however, we have a
radically different public attitude
towards plastic surgery. Modern
methods of self care have become
prestigious for women. As the majority of females are involved in social activities it is almost obligatory
to pay careful attention to their appearance. Accordingly, this field of
Peride Khidesheli, Director of Caraps Medline
medicine is rapidly developing,” Khidesheli told The FINANCIAL.
Khidesheli distinguished 2012
as the most successful year for its
company. “Our clinic changed its location and has since expanded. We
moved from Vake to Dighomi, the
medical district of Tbilisi. The new
fashionable building was constructed for our clinic at Lubliana 48. We
added a new direction of general
surgery, led by Dr. Merab Kiladze.”
Caraps Medline received the most
influential business award in the
country - Golden Brand - on 27 April.
“Our new clinic is very modern,
well-equipped technically and fully
satisfies all the demands of the 21st
century. The new clinic has a great
material and technical base. We
have mainly developed our existing
fields and added a new, general surgery profile. We already achieved the
index that we had planned and stage
by stage we will be adding new fields
of medicine. We have a great, new
infrastructure and the maximum
level of comfort is provided here for
our patients as well as for our doc-
tors,” Khidesheli said.
“In 2012-2013 we had almost
equal capacity of over 80% with
positive dynamics. The change of
location did not result in significant
fluctuations,” said Khidesheli.
Caraps Medline established the
innovative method of surgery, socalled bandaging of the stomach
with laparoscopic methods. In 2014
two new departments are planned
to be added. Prices on surgery are
planned to be increased. If a patient
does several surgeries in the same
stage (dependent on their health),
the price will exceed the regular
amount and will be calculated due
to the complexity of the individual
case.
In Khidesheli’s words, any political change influences the private sector more or less, even the universal
programme of insurance. However,
Caraps Medline has always managed
to maintain stability.
Caraps Medline is frequently visContinued on p. 10
Anti-Semitic Beliefs Remain
Prevalent in Post-Soviet Space
Merab Pachulia
Chart one 1: Anti-Semitism index
GORBI
A
s stated in Wikipedia - anti-Semitism is
prejudice, hatred of, or
discrimination against
Jews as a national, ethnic, religious or racial group.
A survey of attitudes toward
Jews in over 100 countries around
the globe revealed that 1.09 billion
people in the world harbor anti-Semitic attitudes, thus demonstrating
that anti-Semitism is not simply an
artifact of human history and that ill
sentiments remain.
Measuring
Anti-Semitism:
The data presented in this text
below is based on the global survey
of anti-Semitic attitudes, known as
ADL Global 100. This study is the
most comprehensive assessment
ever of anti-Semitic attitudes, accounting for about 88.5 percent of
the world’s total adult population
and 96.9% of world’s GDP.
Respondents were asked a series
of 11 questions based on age-old
stereotypes about Jews, including
classical stereotypes about Jewish
power, loyalty, money and behavior.
Those who responded affirmatively
to six or more negative statements
about Jews are considered to hold
anti-Semitic attitudes. The Index
Score for each country represents
the percentage of adults in that
specific country who answered
“probably true” to a majority of the
anti-Semitic stereotypes tested
Global
findings:
26% of people in the countries
polled harbor anti-Semitic attitudes
and believe in a majority of the
traditional, anti-Jewish, stereotypes
and that’s over 1.09 billion people
worldwide.
58
38
35
38
37
36
32
32
26
Global
30
30
28
22
Ex-USSR
Armenia
Ukraine
Belarus
Azerbaijan
Lithuania
Kazakhstan
Georgia
Russia
Moldova
Latvia
Estonia
Source: ADL Global 100. Note: numbers are given in percentages
The three countries, outside the
Middle East and North Africa, with
the highest anti-Semitism Index
Scores are Greece (69%), Malaysia
(61%) and Armenia (58%).
The Middle Eastern country with
the lowest anti-Semitism Index
Score is Iran (56%).
The most widely accepted antiSemitic stereotype worldwide is:
“Jews are more loyal to Israel than
to this country/the countries they
live in.” Overall, 41 percent of those
surveyed believe this statement to
be “probably true.” This is the most
widely accepted stereotype in five
out of the seven regions surveyed.
The second most widely accepted
stereotype worldwide is “Jews have
too much power in the business
world.” Overall, 35 percent of those
surveyed believe this statement
to be “probably true.” This is also
the most widely held stereotype in
Eastern Europe.
The highest concentration of
respondents holding anti-Semitic
attitudes was found in Middle
East and North African countries
(“MENA”), where nearly threequarters of respondents, 74 percent
of those polled, agreed with a majority of the anti-Semitic stereotypes
that comprise the 11-question index. Non-MENA countries have an average index score of 23 percent.
The level of anti-Semitism in
some countries and regions, even
those where there are no Jews, is
in many instances shocking,” said
Barry Curtiss-Lusher, ADL National
Chair. “We hope this unprecedented
effort to measure and gauge antiSemitic attitudes globally will serve
as a wake-up call to governments,
to international institutions and to
people of conscience that anti-Semitism is not just a relic of history, but
a current event.”
RELIGIOUS BELIEFS
AND ANTISEMITISM
Nearly half of all Muslims surveyed around the world responded
“probably true” to at least 6 of the 11
index stereotypes in the ADL Global
100. Likewise, Christians in Eastern
Orthodox and Catholic countries are
more likely to harbor anti-Semitic
views than those in Protestant countries. Key findings:
Among Muslims, which comprise
22.7 percent of the world population, 49 percent harbor anti-Semitic
attitudes. In MENA, the number of
Muslims holding anti-Semitic attitudes is 75 percent.
There are substantially lower
levels of anti-Semitic beliefs among
Muslims outside of MENA: with
Asia at 37 percent; Western Europe
at 29 percent; Eastern Europe at 20
percent; and Sub-Saharan Africa at
18 percent.
There were substantially higher
levels of anti-Semitic beliefs among
Christians in MENA, at 64 percent,
compared with Christians outside
of MENA.
Overall, 24 percent of Christians
fall into the anti-Semitic category. Other religions polled included
Hindu, at 19 percent anti-Semitic;
Buddhist, at 17 percent anti-Semitic; and “no religion,” at 21 percent
anti-Semitic.
Christians in Eastern Orthodox
and Catholic countries are more
likely to harbor anti-Semitic views
than those in Protestant countries. This was true of non-Christians in
these countries too, so there are
likely larger factors at work.
The Middle Eastern country with
the lowest anti-Semitism Index
Score is Iran (56%).
ANTI-SEMITISM
IN POST-SOVIET
COUNTRIES
Anti-Semitic attitudes are much
more prevalent in post-Soviet
countries compared with the world
average. However, Estonia stands
out as being one of the lowestranked countries among post-Soviet
republics. Conversely, Armenians,
based on the survey data, harbor the
highest level of anti-Semitic belief in
the post-Soviet sphere.
Georgia’s anti-Semitic sentiments
ranked 4 percentage points higher
compared to the global figure and 5
percentage points lower measured
against the former-Soviet country
average.
Based on this data, it is clear that
various forms of anti-Semitism is
prevalent worldwide. These prejudices include political prejudices
such as the belief that Jews are
more loyal to Israel than to their
own countries, that Jews have too
much power in the business world,
or that Jews have too much influence in finance. Sadly, Georgia is no
exception in this regard.
The Anti-Defamation League
commissioned First International
Resources to research attitudes
and opinions toward Jews in more
than 100 countries around the
world. Fieldwork and data collection for this global public opinion
project were conducted and coordinated by Anzalone Liszt Grove
Research. GORBI is proud to be
responsible for data collection in
most of the ex-Soviet countries.
All interviews were conducted
between July 2013 and February
2014. The data is a result of 53,100
total interviews among citizens
aged 18 and over, across 101 countries and the Palestinian Territories in the West Bank & Gaza. Expected margin of sampling error
for the weighted global average
is +/- 0.97%. In an overwhelming
majority of the countries/territories polled, the samples are fully
nationally representative.
As a regional hub for partner
organizations and international clients, since 2003, GORBI is the only
Georgian member of the Gallup
International research network to
have over two decades of experience in survey research in postSoviet Union countries, as well as
Mongolia and Iraq.
CMYK
FINANCIAL HEADLINE NEWS & ANALYSIS
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2 June, 2014 | finchannel.com
CAUCASUS
HEALTHCARE
The Caucasus Healthcare Infrastructure and
Pharmaceutical Investment Summit 2014
Conference & Exhibition
18 & 19 June 2014
in Tbilisi - Georgia
VENUE:
TOPICS TO BE DISCUSSED:
1. Overview of the healthcare sector in the Caucasus -­‐ reforming, innovating, investing
2. Pharmaceutical market -­‐ further growth, export, R&D, capital investment
3. Legal and regulatory environment for the pharma industry -­‐ status and best practices
4. Hospital build and sustainable healthcare delivery services -­‐ project finance & growing role of PPP
5. Advanced medical technology, innovative equipment and e-­‐health solutions 6. Financing of the healthcare in the Caucasus and sustainability of health program
7. New opportunities for the insurance sector
8. Long term opportunities for investors in the new health projects
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FOR FURTHER INFORMATION OR REGISTRATION,
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Email: administration@euroconventionglobal.com
Tel.: +32 2 662 16 12
Website: www.conventionventures.com Advertiser: Euroconvention Global. Contact FINANCIAL Ad Dep at marketing@finchannel.com
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financial news
FINANCIAL
2 June, 2014 | finchannel.com
PSP - “Georgia Needs
French Bakery Entrée to
Become International Brand a GMP Regulatory
Institution”
The FINANCIAL
By Madona Gasanova
A
rtisan bakery
chain Entrée will
open its doors
to Azerbaijani
customers this
summer. The investment
portfolio for the three
branches of Entrée in
Azerbaijan consists of EUR 1
million. This is the first foreign
destination for Entrée,
which aims to expand its
network to over 15 foreign
countries eventually.
At present Entree
operates 7 cafes, the last
one located at Leselidze
#47 in old Tbilisi was
launched early this month.
French president Francoise
Hollande during his official
visit to Georgia personally
observed the café. New
Entrée café on Leselidze
was the only place visited
by Hollande out of agenda,
unofficially. French
president was personally
hosted by both Founders of
Artisan Bakery chain Entree:
Eugene Pichkhaia and Jean
Michel Charels.
Financial interviewed one
of the founders of Entree
Mr. Eugene Pichkhaia
about the future plans of
Company.
Mr. Pichkhaia together
with French Businessman
Mr. Jean Michel Charles
founded the French bakery
chain in 2008. Prior to
this business he founded
and managed Georgia’s
leading food retailer Populi.
Q. The HoReCa sector is one
of the most saturated sectors
in Georgia, with over 200 cafés
and restaurants. How did you
manage to compete?
A. We were not intending to compete with anyone in particular. Our
goal was to create a new brand and
we managed to do just that. We
knew from the beginning what our
values would be and our development fruited from them. I would not
say that the market is saturated in
this segment. On the contrary, it offers huge opportunities, despite the
fact that they are scarce.
Continued from p. 5
Our idea was to create a brand
that would have been born in Georgia, but could become a global
brand. We initially put forward the
idea that Entrée would be exported
to other countries. To do so, we need
to articulate the values ​​that are the
foundation of the brand. This was
followed by operational issues and
other details, which are necessary
for success.
Q. Entrée was the first nonsmoking place to be established in Georgia. Was it not
risky to impose such rules,
while the majority of Georgians are prone to smoking?
A. All established brands have
their own individual characteristics.
Entrée is a place free from smoke, a
place that both promotes and implements healthy living. We included
this detail without any fear and we
succeeded. For many it might have
seemed unacceptable at first, but
they got used to it. I think that we
made the right move. As the brand’s
philosophy is based on high-quality
goods production and a high degree
of supply there was no room for
cigarettes. Our technology is artisan
technology. It is arranged on the level of art. All the details are related to
each other and form a unity of high
standards. Accordingly, smoking in
such an environment would be impossible. It would be incompatible
with the whole concept of Entrée.
Q. People involved in business usually characterize you
as a good manager. You built
Populi and ran it successfully,
until it started going down after you left. Which features
have helped you succeed?
A. I would not say that I am smarter than others. Although I can see
details which others can miss. Also,
I always know exactly what I want.
This helps me to avoid meaningless
and negative emotions. To be constantly focused on the major goal
and hard work are also vital for gaining success. Overall I always look
for something new, I am from head
to toe entrepreneur. All of this is a
result of the success of my business
activities. However, there are more
successful and accomplished people
in Georgia than me, which I welcome
because it is very good for our country.
Accomplishment is not based
solely upon financial success and
arithmetical figures in an account. I
have met unhappy millionaires and
vice versa. The measure of mental
peace and happiness are what determine the accomplishment of a person. The measure of self-confidence
is the main distinguishing feature of
an accomplished or unaccomplished
person.
Q. How would you describe
the current business environment in Georgia?
A. I took my first steps in business
during the ‘90s when I was a student.
Continued on p. 12
A. New companies are appearing
on the market every year, and every
year they appear in different quantities. According to our information,
none of the companies have postponed entering the market. There is
great interest from foreign companies in the Georgian market. This is
because there are no barriers on entering the market and then developing here, according to the law. With
the support of the Government it is
very easy to enter the market and do
business.
Q. When the Government is
interested in introducing foreign companies, why is it not
supporting local producers?
A. If you are referring to the local
production of drugs not being a priority, this also occurs in a number of
other countries (e.g. Ukraine). That is
why it would be desirable to establish
a GMP regulatory body in the country, which would help local producers
to expand their export markets and
production as well.
Q. What is the percentage
of domestic production on the
market?
A. Domestic production is 15% of
the whole market.
Q. Which countries do you
import medicines from?
A. We have contracts and we import only from the pharmaceutical
factories which produce medicines
according to the pharmaceutical
industry’s international standards
GMP. We import medicines from
more than 100 pharmaceutical factories around the world.
Q. How is the quality controlled?
A. According to the international
pharmaceutical GMP standard.
Producing medicines means guaranteeing quality, as evidenced by a
certificate of conformity of quality
of each medication. There is a list of
medicines which need to be analyzed
and such analyses are carried out by
government-accredited laboratories.
In addition, the Ministry of Health,
Labour and Social Affairs of Georgia
conducts selective audits.
Q. What type of support are
the local producers demanding?
A. The adoption of European pharmaceutical regulations for equal competition between local and imported
medicines is a very important factor.
This will balance the legislative environment, the principles of free market and open competition.
The
pharmaceutical
industry
should meet the GMP requirements
and Georgia needs to recognize the
internationally accepted corresponding Production Practice standards.
The state checks the system’s com-
pliance with internationally recognized standards. The state confirms
the existence of quality assurance
systems in companies, while the latter
naturally leads to the protection of the
market against low quality products.
Q. What is the reason for the
decreasing prices of medicines?
Should we expect current prices to decease further or start
increasing instead?
A. The prices of medicines available
on the market today have been reduced due to competition. The prices
are at their minimum level nowadays.
On top of that there are additional
price decreases, and various offers
being organized. The prices depend
on the producers. There are inflationary processes occurring around the
World, and producers also increase
or decrease specific drug prices depending on different factors. It is for
all those reasons that price changes
occur here. This process is initiated
and determined by the producer and
may happen several times a year.
Q. What is the condition of
the Georgian pharmaceutical
market? What kind of improvements are needed?
A. Georgia needs to create a GMPregulatory institution of international
standards; this is very important for
us. This will ensure that all the plants
work according to these standards, as
well as compliance with the essential
requirements of this standard on all
imported medicines.
Q. Does the insurance market of Georgia need to be developed?
A. The insurance market is growing. It has been less than two dozen
years since the first insurance company was created. Everything began
from zero, since then there has been
huge growth which will increase still
further in the future.
Q. What kind of developments should we be expecting
this year?
A. Notable developments would
include new pharmacies, including
the opening of new types of Pharma
markets. There will be an expansion
in the range of drugs, including new
drugs, due to world medicine innovations introducing completely new
types of drugs. There will also be an
increase in GMP export volume and
types of production.
Q. What will the major challenge be for PSP in 2014?
A. PSP is a company which has
been on the market for 20 years and
has definitely become a guarantee of
quality. The challenge is to maintain
and strengthen customer satisfaction, also to increase export volume
and foreign currency inflows in Georgia. To maintain the image of a leading company, we must strengthen
and expand our operations successfully in the medical field.
Pawnshop Mentality
Continued from p. 2
so-called “trigger offences”, in order
to get the money for the next heroin
shot as soon as possible, and they
do not think about tomorrow, next
week, or next year.
The behavior of drug addicts and
financial vagabonds is very similar
in this respect. The addict yearns
for the drug, and the financial vagabond is fixated on consumption,
and both forget about the future.
Yet while the government tries
to suppress the drug market, offers medical assistance to addicts
etc., there is little regulation in
the pawnshop business, and there
is no help for financial vagabonds.
While it is true that the direct consequences of drug addiction are
more severe, the pawnshop mentality deteriorates the economic and
financial status of a person, which
may also cause huge distress in a
person’s life.
LEARNING FROM
ANCIENT ROME
The pawnbroking business has a
long tradition. In ancient China and
Greece it was practised long before
the Emperor Augustus licensed the
first pawnshop in Rome 2000 years
ago. There are interesting things to
learn from Augustus’ handling of the
issue.
Under Roman law it was not allowed to pawn furniture or farming equipment – being aware of
the addictive character of pawnshop borrowing, the Roman authorities wanted to prevent a borrower from pawning away their
economic basis. Moreover, the
interest rate was capped at three
per cent. The Romans understood
that somebody yearning for quick
money has little bargaining power
regarding the interest rate, and
thus they forbade abusive interest
rates by law.
Total credits by Georgian pawnshops in 2013 amounted to 310.7
million GEL (43% in lari, 57% in
foreign currency). As a comparison, consumer credits handed out
by commercial banks totaled to
about 560 million GEL. So there
is no question that pawnshops are
an important component of household borrowing in Georgia. And
they may even have advantages
compared to classical bank lending.
Banks are often big players with
systemic importance, and when
something goes wrong, the whole
system may come down. A lending
business facilitated by more than
1000 small shops does not have this
problem. In a crisis, there may be a
price collapse of typically pawned
goods, like used mobile telephones,
as could be seen in 2008 when a
wave of defaults shook the pawnshop sector. Yet this is nothing
compared to the problems that result from a big bank running into
trouble.
And because of the very fact that
pawnbroking is so significant in
Georgia, modern versions of the Roman regulations should be enacted.
CMYK
FINANCIAL HEADLINE NEWS & ANALYSIS
2 June, 2014 | finchannel.com
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financial news
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HEADLINE NEWS & ANALYSIS
interview
FINANCIAL
2 June, 2014 | finchannel.com
ATU Duty Free
ING in Poland and Turkey
to Invest USD 250,000 in introduce digital wallets
Renewal of Shops in Tbilisi
International Airport
The FINANCIAL
T
he proliferation of
smartphones and mobile banking in recent
years has spawned
various new payment
methods. One of them is the
‘digital wallet’, a way to store the
information in a person’s physical wallet, such as bank account
and credit card details, a driver’s
licence or loyalty cards, virtually,
according to ING.
The main advance of a digital
wallet is that it makes purchases made online or with a smartphone safer and easier because
card details are provided only
once and then saved on the wallet.
Turkey’s new digital wallet,
called ParaMara, is a mobile
banking app available to both
ING and non-ING customers. It
allows people to conduct a wide
range of actions, such as transferring money (to an ING ATM,
to an ING card, between ING
cards, or to a user’s Facebook
account), withdrawing money
from an ING ATM via a QR
code, asking for cash, and more.
Users will be able to add their
existing ING cards to their wallet or get virtual “Ininal Prepaid
Card” from ParaMara. Ininal
Card is an exclusive partnership
between Provus (a MasterCard
The FINANCIAL
By Mariam Papidze
P
lans to renovate
and enlarge the
duty free shops in
Tbilisi Airport have
been postponed
till the end of 2014.
ATU Duty Free plans to
invest USD 250,000 in the
renewal of the shops.
“In the meantime we
have renewed our shop
in Batumi, enlarging it
by nearly 100 percent,
and we hope to open
it by 1 June, 2014,”
Ahmet Kothene, Deputy
General Manager of
ATU Duty Free, told The
FINANCIAL. “We hope
to offer more perfume
and cosmetic products
and also increase the
accessory product lines,”
he added.
There has been a +7.66
percent increase in total
sales in Tbilisi Duty Free
in the first quarter of
2014 compared to 2013.
However, last year ATU
Duty Free experienced a
9.15 percent increase in
total sales compared to
2012.
“In the first quarter
of 2014, the Kutaisi
operation had a 9
percent share of all
Georgia Operations
(Tbilisi, Batumi, Kutaisi).
This is not a bad number
considering the 1st
quarter is the slowest time
of the year,” he said.
Q. Kutaisi is the third
operation point of ATU
Duty Free in Georgia after Tbilisi and Batumi.
Could you please compare these three points
to each other? Which one
has the best sales statistics and which are you
the most satisfied with?
A. Tbilisi has the best sales
statistics. It makes a contribution of 82 percent of all our
Georgia operations sales. Batumi and Kutaisi have almost
the same share with 9 percent
each.
In Tbilisi, the Wines of
Georgia shop performs well.
We have a 4.88 percent increase in sales in the first
quarter of 2014.
Opening the Wines of Georgia store has been very successful both in financial and
sustainability terms to preserve and promote Georgian
wine culture. It is enjoyed by
passengers using Tbilisi Airport. ATU Duty Free established the wine store in 2011.
There are 11 wine brands
currently represented in the
store. Teliani is one of the
best-selling brands with a
7.48 percent share of overall
spirits, but Khareba Kindzmarauli Red is the best-selling product.
Q. In general, which is
the best-selling duty free
product in Tbilisi, Batumi and Kutaisi airports?
A. According to the 2014
first quarter results, the bestselling products in terms of
quantity are:
In Tbilisi: Khareba Kindzmarauli Red.
Ahmet Kothene, Deputy General Manager of ATU Duty Free
In Batumi: Yeni Rakı 100
CL.
In Kutaisi: Ritter Sport 9er
Mini Sor. mix 150G.
In our Georgia operations
we have 197 brands represented in duty free.
Q. ATU Duty Free
opened its first stores
in Tbilisi and Batumi in
2006. How did you pass
through the difficult periods and what were the
main challenges for you?
What is ATU Duty Free’s
position today and what
are the current challenges that it faces?
A. Tbilisi and Batumi were
the first foreign operations of
ATU. Today, as of the beginning of 2014, ATU has operations in Tunisia, Latvia, and
Macedonia too. In addition,
we plan to open shops in Saudi Arabia at the beginning of
2015.
Many things have changed
in Georgia, from the currencies used in the shops to the
customs regulations. Each
year we try to improve our
stock as well. Fortunately
there has been good growth
since 2006. We were negatively affected by the incidents
with Russia. We lost sales during these periods but we did
not give up and the economy
was strong enough to pick up
again. We have also had a good
relationship with the Ministry
of Agriculture, implementing
the Wines of Georgia shop in
the airport.
Q. Who are the main
customers of duty free?
Could you please give us
the statistics of the nationalities of your customers?
A. In Tbilisi: Russian,
Ukrainian, Georgian, Turkish and Azerbaijani are the
nationalities spending the
most in duty free. In Batumi
the statistics are as follows:
Turkish, African, Russian,
Ukrainian and Georgian; and
in Kutaisi: Ukrainian, Georgian, Far Eastern, Russian
and Azerbaijani.
Q. ATU Duty Free also
offers Georgian wine
in its stores at Istanbul
Ataturk Airport to more
than 20 million passengers annually. Is Georgian wine popular there,
and if so, to what extent?
A. Yes, Georgian wines are
sold. Since there are wines
from all over the world in
our shops in Istanbul the demand is not very high, but it
is a good source of exposure
and recognized by Russians,
Latvians and Georgians primarily.
Q. You received a Golden Brand award. Why do
you think that more than
200 experts have named
your brand as a favourite
one and how does this
award help ATU Duty
Free in its PR and marketing activities?
A. We are very proud and
honoured to receive this
award. For the past 8 years we
have tried to maintain a high
level of service in our shops
and always continue to invest
in our employees. Happy employees make happy customers. We try to improve our
shops and expand our stock
while selling the best quality world brand names at the
most competitive prices. We
try to meet all international
standards in our line of business.
We believe in the future of
Georgia and we are sure there
will be many more developments to come.
We always try to listen to
our customers and meet their
needs. We do not want to be
a standard duty free operator.
We want to be active, flexible,
adapting to the new trends
and behaviours. We hope to
continue to grow in the MENA
and the Caucasus region.
Company) and ING Turkey
and offers up to 20 percent discounts in top e-commerce sites
and in shops, according to ING.
In a forthcoming update, the
ING Wallet will be able to be
combined to contactless payments with their mobile devices. So, for example, a customer
will be able to pay at a petrol
station without leaving the
driver’s seat.
Poles apart
By contrast, ING Bank
Śląski’s digital wallet is based
on a solution developed by
VISA called Visa V.me, and
branded as ING Digital Wallet.
It allows customers to pay
online without having to enter
their payment details anew.
When ready to pay online, the
user selects the V.me by Visa
payment option, logs into their
ING Digital Wallet, checks the
cards they want to use and then
clicks ‘pay’. The Visa system
that detects and prevents fraud
increases the overall safety of
the transaction.
Poland’s ING Digital Wallet
allows customers to store details from their debit and credit
cards, prepaid cards, Visa and
MasterCard charge cards, including those issued by different banks, according to ING.
Caraps Medline
Expecting 15% Revenue
Increase in 2014
Continued from p. 6
ited by patients from neighbouring countries. “Comparative prices and most
importantly, high quality, is
the main reason for our popularity abroad. We run various advertising campaigns in
different countries in order
to extend the number of our
patients.”
The so-called computer era
of the 21st century has contributed to obesity problems
especially among adolescents
worldwide. However, Khidesheli said that the situation, fortunately, is not yet
alarming in Georgia.
“Statistically, not so many
surgeries are being done
among adolescents. However,
having a healthy lifestyle for
developing healthy generations is very important,” she
added.
Caraps Medline offers medical services in the following
fields: gynaecology, oncology
(mamology), plastic and general surgery, trauma, ophthalmology, blood vessel surgery,
and cosmetology.
“Each direction in our clinic
is in demand because of the
professionals who work here.
In plastic surgery we have
Dr. Alexander Kalantarov, in
gynaecological laparoscopy
- Dr. Vadim Khatiashvili, in
general surgery - Dr. Merab
Kiladze, and in traumatology
- Vazha Marsagishvili,” said
Khidesheli.
“However, it is not just our
leading doctors which are responsible for the success of the
company, but each and every
member of our staff, who do
their utmost every single day
for the success and smoothrunning of the company. They
do a great job for the clinic.
We have wonderful medical
personnel who are directly
involved in the success of the
clinic,” Khidesheli added.
According to Khidesheli,
rhinoplasty is the most popular plastic surgery in the region among both men and
women.
The dark side of aesthetic
clinics is cases of “victims” of
plastic surgery that can always
be found worldwide. Caraps
Medline has never encountered such a situation though.
However, Khidesheli finds
it difficult to establish who
would be to blame in such a
she added.
Caraps Medline became
a member of EVEX Medical Corporation in 2014.
“We hope that this membership will help us to achieve
ever greater success of larger
scales,” said Khidesheli.
According to Khidesheli,
satisfied patients are the best
advertisements. She says that
if a patient is not content with
the service you offer, then no
amount of advertising can attract them.
“Most of our patients visit
us on the recommendation of
Established in 1998 Caraps Medline is one
of the pioneers in Georgia’s private medical
business.
situation. “Looking for the one
at fault is very difficult, as the
desired outcome of a plastic
surgery operation is made in
accordance with the patient’s
taste. Fortunately we have not
ever had any so-called victims
of plastic surgery during our
history, and we are optimistic
that there never will be any in
the future.”
“Doing surgery with less
trauma and making them aesthetically effective has always
been our doctors’ main goal.
Enhancing customer loyalty,
ensuring their increasing demand and employing qualified professionals have always
been the main priorities of the
management of the clinic,”
said Khidesheli.
“We are highly oriented
of satisfying our customers’
needs. Accordingly, the implementations of any innovation are in line with customers’ demands and priorities,”
one of our previous patients.
In each of the fields that we
offer, we have leading professional doctors who provide the
best results in their respective
fields. Tbilisi is a small city so
information spreads easily. I
believe that satisfied patients
are a guaranty of new clients,”
Khidesheli said.
“As our clinic is one of the
winners of the Golden Brand
awards, we will do our best
to justify the honour. We will
try to maintain the reputation
that we have in the city and in
society. We will continue to
offer novelties as and when.
We want to do everything new
to the same level as everything
we have done before. We plan
to add some new fields as well.
All private structures plan to
expand and become bigger
eventually. So we too will be
working on this in the nearest
future,” Khidesheli told The
FINANCIAL.
CMYK
FINANCIAL HEADLINE NEWS & ANALYSIS
2 June, 2014 | finchannel.com
11
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CMYK
12
HEADLINE NEWS & ANALYSIS
FactCheck
2 June, 2014 | finchannel.com
Davit Onoprishvili:
“Starting from November 2013, economic growth
has been consistently high, varying between 7%8%... In the first quarter of 2014, economic growth
equalled 7.4%. An indicator of this magnitude has
not been recorded in the first quarter of the year
over the course of the last six years.”
n 30 April, representative of the
Parliamentary
Majority,
Davit
Onoprishvili, delivered a speech at the plenary
session of the Parliament emphasising economic growth
indicators. The MP stated:
“Growth in the GDP; that is,
in the economy, amounted to
8.3% in the month of March.
Starting from November
2013, economic growth has
been consistently high, vary-
ing between 7%-8%. It is safe
to say that, at the very least,
this growth rate will ensure
the annual growth of 5% envisaged in the state budget.
As for the economic growth
registered in the first quarter,
it equals 7.4%. An indicator of
this magnitude has not been
recorded in the first quarter of
the year over the course of the
last six years.”
FactCheck took interest in
the MP’s statement and verified the accuracy of the indicated facts.
In line with the preliminary
data of GeoStat, the estimated
real Gross Domestic Product
(GDP) growth rate amounted
to 8.3% in March of 2014 as
compared to the same period
of the preceding year. In his
statement the MP notes that
in the aftermath of November
2013, the rate of economic
growth fluctuated between 7%
and 8%. In November of 2013
the GDP growth rate equalled
7.8% as compared to the same
period of the previous year. In
December of 2013 this indicator reached 8.4% while in the
month of January the figure
decreased to 7.8%. In February of 2014 the indicator of
economic growth equalled
5.4%.
ccording to the
MP, the growth
registered in the
first quarter of
2014 was the
highest indicator recorded
over the course of the last six
years. We analysed the GDP
growth rates of the first quarters for the years from 2009
through 2014.
In line with the preliminary data of the first quarter
of 2014, the rate of economic growth equals 7.4%. In
the first quarter of 2013 the
GDP growth rate amounted
to 2.4% (preliminary data)
while in the same period of
2012 the indicator stood at
6.6%. In the first quarter of
2011 the economic growth
rate was 5.8%, in 2010 – 3.7%
and in 2009 the indicator
equalled -4.8%. As can be
gathered from these indices,
over the course of the last six
years (first quarters), in the
first quarter of 2014 we witness the highest growth rate
of the GDP.
Teona Absandze
FactCheck
O
A
It must be noted that government officials contend
that the high growth rates observed in the fourth quarter of
2013 and the first quarter of
2014 are the results of the socalled base effect. The base effect in business and economics, which is the same as the
low initial amount effect, is
the tendency for a small absolute change from a low initial
amount to be translated into a
large percentage change. Accordingly, in the given case,
the opponents refer to the
low growth rates of the Georgian real GDP starting from
the fourth quarter of 2012
through the third quarter of
2013 and based upon this fact
explain the high rates regis-
FINANCIAL
What else Georgia
should do?
NATO
Parliamentarians
Call for MAP for
Georgia
I
n its non-binding declaration on May 30, the
NATO
Parliamentary
Assembly called on the
Alliance member states
“to consider” moving Georgia
closer to NATO at its summit in Wales in September by
granting it a Membership Action Plan (MAP).
NATO Secretary General,
Anders Fogh Rasmussen, told
the Assembly, which unites
lawmakers from the alliance
member states and associate
delegates from NATO partner
countries, that now it is still a
“bit too early to predict” what
the summit outcome in September might be in this regard.
In the Declaration on NATO
Enlargement, the Parliamentary Assembly spring session in Vilnius, urged member states “to reaffirm their
strong political commitment
to the Open door policy and
the Euro Atlantic perspective
of the countries aspiring for
NATO membership.”
It has also urged “to recognise the progress achieved by
aspirant countries and to consider taking the next steps in
the process of NATO enlargement at the NATO Summit
in Wales based on the results
of the comprehensive review
due to be completed in June
2014; and in particular to follow through on the decision
taken at the Bucharest Summit in 2008 that Georgia will
become a member of NATO,
and move Georgia closer to
membership by granting it a
Membership Action Plan.”
Answering a question from
a Georgian lawmaker after addressing the NATO Parliamentary Assembly session in Vilnius,
Rasmussen said that Georgia
has done “a lot to fulfill the necessary criteria” to become a
NATO member “once in the future” and added that NATO foreign ministers will discuss at the
end of June how to address the
open door policy at the Wales
summit in September.
Citing 2008 NATO Bucharest summit decision that
MAP should be the next step
for Georgia on its direct path
to the Alliance and in the
light of NATO’s acknowledgment that progress has been
made by Georgia, GD MP
Tedo Japaridze, who chairs
foreign affairs committee in
Georgian parliament, asked
the Secretary General how
this progress will be reflected
in NATO’s next summit and
“what else Georgia should do”
on its NATO integration path.
“You reminded us of 2008
decision at the Bucharest
summit that Georgia will become a member of NATO,
provided of course that Georgia fulfills necessary criteria,
and you are also right that
part of that decision was the
statement that MAP will be
the next step in that direction,” Rasmussen said responding to the question.
“You pointed to number
of areas where Georgia has
made progress during recent
years and rightly so, because
actually Georgia has made
significant progress – exemplary elections, reforms of
the judiciary, reforms of the
defense sector and Georgia
is also the largest non-NATO
contribute to our operation in
Afghanistan,” the NATO Secretary General said.
Continued on p. 15
French Bakery Entrée to
Become International Brand
Continued from p. 8
tered in the fourth quarter of
2013 and the first quarter of
the current year.
Category: Economy
Conclusion
In line with the preliminary data of March of 2014, the rate of economic growth has amounted to 8.3%,
precisely as indicated by the MP. In November of 2013, the GDP growth rate stood at 7.8%, in December –
at 8.4%, in January of 2014 – at 7.8% and in February – at 5.4%. The Deputy also noted that in the period
between November 2013 and March 2014, the GDP growth rate varied around 7%-8%. The data given above
demonstrates that this part of the MP’s statement is not entirely true. However, the average indicator for the
five months reveals that the average economic growth was higher than 7%.
The MP is correct in the second part of his statement. According to the preliminary data of GeoStat, in the
first quarter of 2014, economic growth equalled 7.4% and this figure is higher than the GDP growth rates of
the first quarters of the previous six years.
In its research about the accuracy of Davit Onoprishvili’s statement, FactCheck did not delve deeper into
the analysis of the base effect’s possible impact upon economic growth as we deem it inadvisable to make a
final judgement on the given matter at this stage. Consequently, we conclude that the MP’s statement: “Starting from November 2013, economic growth has been consistently high, varying between 7%-8%... In the first
quarter of 2014, economic growth equalled 7.4%. An indicator of this magnitude has not been recorded in the
first quarter of the year over the course of the last six years,” is MOSTLY TRUE.
Mostly true
The views expressed in this website are those of FactCheck.ge and
do not reflect the views of The FINANCIAL or the supporting organisations
Since then I have been closely
observing the conditions of
doing business in Georgia.
The best situation for business is when the Government
does not interfere artificially
which is the case in Georgia
at present. Businesses should
be transparent. They should
pay taxes and be checked that
they are not breaking the law.
For greater activity of the
business sector Georgia needs
to attract foreign investments.
For This the governments obligation is to create political
and legislative environment
that will be attractive for foreign investors. The number
of countries trying to attract
investments is many, while
investors are few. So, we need
to compete with them. Foreign investment inflow is very
important for our economy.
Q. How would you
summarize 2013 for Entrée?
A. 2013 was quite a successful year for the company. We
had 20% growth. Our most
important step was entering the Azerbaijani market.
Three branches of Entrée will
be opened in Azerbaijan later
this summer. We have a local
partner in Azerbaijan which
is one of the biggest business
group in Azerbaijan. The total volume of investments in
Azerbaijan amounted to EUR
1 million.
We are discussing various
markets for expanding our
network further. However, at
this stage, considering our financial capacity and the size
of the company we thought it
was too early to enter central
European countries, which
we are targeting for the future. Entrée will enter over
10-15 foreign cities in total.
Our Azerbaijani partners have
created a very convenient environment for us which was
a significant factor in making
us decide to open our first foreign branches there.
The Azerbaijani market is
three times larger than Georgia’s. This will hopefully be
reflected in our business in
the same proportions.
We put a great amount of
work into the construction of
the Azerbaijani branches and
are optimistic that they will
be a successful step in building our brand across borders.
Q. Could you give a description of a typical customer of Entrée’s?
A. The average customer
of Entrée is young, modern,
dynamic, carries European
values, is focused on healthy
living, is successful and regardless of age, is constantly
searching for novelties. Entrée itself creates a lifestyle of
freshness, health and mobility.
Q. What is the average
number of guests at Entrée and which novelties
will you be offering to
your customers?
A. On average 500 customers visit each branch of Entrée
per day. The average expenditure per person is GEL 11-12.
Q. what is the latest
novelty you have offered
your customers?
We have just recently
added fresh pasta production from Italian cuisine.
Fresh handmade pasta is
very trendy in Europe and
we were the first to bring it
to Georgia. Customers will
soon be able to taste it in
each of our branches. We
will start making pizza soon
and have the ambition to offer the most delicious pizza in
Georgia. We will also be adding exquisite meat and cheese
delicacies this week. At our
Leselidze Street branch we
will be launching a special,
restaurant-type menu, available from 6 pm every day.
CMYK
FINANCIAL HEADLINE NEWS & ANALYSIS
13
FactCheck
2 June, 2014 | finchannel.com
Cash no longer
king! Mobile
Giorgi Kvirikashvili:
banking still rising “In 2013, the number of visitors grew by
The FINANCIAL
M
obile banking
is
maturing,
with
longer
term users in
Europe showing signs their money management is getting better and
better, according to ING Bank
survey. It is exploring how
people in Europe are using
mobile banking and new ways
to pay. In what is thought to
be one of the biggest and most
comprehensive surveys of its
type, the results of the survey
reveal interesting insights in
the usage of mobile banking
and how this is changing financial behavior among consumers.
Turkey top
future mobile
banking
“hotspot”
Turkey has the largest
share of internet users who
use mobile banking, making it the top mobile banking “hotspot” again in 2014.
Turkey has the eighth highest
use in the developed, internetadjusted measure but as
internet penetration increases, mobile banking is set to
rise. Uptake rose in nine of 13
countries surveyed, although
increases and decreases of
3% or less may be due only
to sampling variability and
could be considered as representing no change, according
to ING.
Mobile bankers
more on top of
their financial
matters
The almost 5,000 people surveyed who use mobile banking
tend to be younger, earn more
and be more on top of their
financial matters than nonmobile bankers. In fact, 80%
indicated mobile banking had
improved the way they manage
their money. Our mobile bankers are more likely to read money blogs but also more prone
to regularly buy something on
impulse.
3. Technology
improves
the way we
manage money
People who have been using
mobile banking for longer are
more likely than newer users
to say the technology improved
the way they manage money. It
seems the positive change from
mobile banking is better and
better the longer it is used, according to ING.
Intelligent
tools to make
better financial
decisions
Fewer people in Europe
are expecting banks to use
social media this year, compared with the survey last
year. Although the social
media demand fell, many
people in Europe do want
personalized alerts and reminders from their bank.
Mobile bankers are even
more eager to get intelligent
tools from their bank to help
them make better financial
decisions.
Technology
changes the
ways we shop
and pay
New technology is not only
playing a role in the ways we
bank, it also changes the ways
we shop and pay. Cash is being
used less often than a year ago
by about half of people in Europe but the pace change over
the next 12 months may not be
rapid as only one-in-five of our
“cash devotees” who have not
cut use of cash in the last year
think they will use cash less in
the next year.
Mobile bankers
are more likely
to be confident
using
contactless
payments
Since last year, comfort
around contactless payments
has risen a lot in Romania and
Poland, both early adopters of
the technology, with modest
rises in France and Italy. However, the opinion in Europe as
a whole remains split. Mobile
bankers are more likely to be
confident using contactless payments, according to ING.
Digital
currencies
not seen as
the future
of spending
online
Despite the hype, few people
in Europe see digital currencies – such as Bitcoin – as “the
future of spending online” with
76% disagreeing with that statement or not having an opinion
about it.
Bitcoin, launched in 2009,
is currently the most highprofile of several digital currencies that have existed, and
some businesses accept this
“peer-to-peer” digital currency
as payment for goods and services. However, few people in
Europe see digital currencies –
such as Bitcoin – as “the future
of spending online”, with 76%
disagreeing with that statement
or not having an opinion about
it. Turkey is most receptive of
Bitcoin in this survey, while acceptance of it as the future of
spending online falls to a survey
low of 8% in the Netherlands (a
view shared in the neighbouring countries of Luxembourg
and Belgium)
Cash less but
not cashless
About half of people in Europe say they use cash much less
now than they did a year ago.
Alternative ways to pay include
debit and credit cards, transferring funds directly, sending
money by text message, contactless payments and more.
People in Turkey are most
likely to be using cash less but it
seems that change is not without its frustrations, as Turkey
also has the highest share who
agree “the move towards cashless payments is making it more
difficult to manage money” in
a separate question in the survey. Interestingly, while there
is variation between countries,
there is little difference in attitudes between different age
groups, according to ING.
22%. A total of 5.4 million visitors came to
Georgia and with this indicator we hold one
of the leading positions in Europe.”
Ana Nadirashvili
FactCheck
O
n 11 April 2014
the 16th International
Tourism Exhibition
was opened at
the Expo Georgia exhibition centre. Delivering a
speech at the exhibition,
the Minister of Economy
and Sustainable Develop-
ment, Giorgi Kvirikashvili,
stated: “In 2013, the number of visitors grew by 22%.
A total of 5.4 million visitors
came to Georgia and with
this indicator we hold one
of the leading positions in
Europe.”
FactCheck took interest
in the statement and verified its accuracy.
According to the information provided by the
Georgian National Tourism
Administration, a total of
5,365,356 visitors came to
Georgia in 2013 whereas in
2012 their number totalled
4,428,221. Accordingly, in
2013 the number of visitors increased by 937,135;
that is, by 21.2%. Citizens
of neighbouring countries
(Turkey, Azerbaijan, Armenia and Russia) accounted
for 88% of the total number
of foreign visitors to Georgia with the remaining 12%
comprising visitors from
other countries. It is worth
noting that the largest share
of foreign visitors to Georgia came from Turkey and
accounted for 28% of the
total number of visitors. In
2013, the number of visitors
from the Russian Federation
showed an upturn of 49% as
compared to the indicator of
2012 and amounts to 14% of
the overall number of visitors to Georgia.
tion, the absolute growth
of the number of visitors
may be roughly equal in two
countries but the difference
in percentages can be quite
substantial. Therefore, the
rise in the number of visitors
to a country tells us much
more than the percentage of
growth.
I
n order to establish
Georgia’s ranking in
Europe based upon the
number of visitors, we
studied the 2013 report
of the United Nations World
Tourism Organisation (World
Tourism Barometer, January
2014). In line with this document, Georgia is the foremost
country in Europe with its
growth of 21.2% in the number of visitors.
The following graph depicts
the list of countries in Europe
and Central Asia that had the
highest growth rates in the
number of visitors in 2013.
T
he graph shown
above reveals that
Georgia occupies
the second position
in the region being
surpassed by 0.7% solely by
Kazakhstan.
FactCheck also inquired
about the growth tendency
observed in the number of
visitors entering Georgia
in the past years. As can be
gathered from Graph 1, the
number of visitors grew each
year starting from 2006. It
is of special note that during the economic crisis of
2008, when touristic activities declined all over the
world, the number of visitors to Georgia increased by
23%. In line with the 2013
report of the Georgian National Tourism Administration, in the course of the last
five years Georgia had the
highest growth rates of the
number of visitors in Europe. It should also be mentioned that despite the high
percentage of growth, the
number of visitors to Georgia is still far lower than in
many other countries of the
world. Therefore, along with
the percentage of growth, it
is advisable to take into account the number of visitors
and the absolute indicator
of growth. For an illustration we can consider the
indicators of France in comparison to those of Georgia. In 2012, the number of
visitors to Georgia grew by
1,605,858 as compared to
the previous year amounting to a 57% growth. France
hosted a total of 83 million
visitors in 2012 whereas in
the preceding year the same
indicator equalled 81.6 million. Although France had
1,400,000 more visitors in
2012 than in 2011, the percentage growth amounted
to only 1.8%. As becomes
evident from this illustra-
Category: Economy
Conclusion
In line with the information of the Georgian National Tourism Administration, a total of
5,365,356 visitors entered Georgia in 2013 marking a growth of 21.2%. These indicators precisely
correspond to the figures indicated by Giorgi Kvirikashvili.
In accordance with the 2013 report of the United Nations World Tourism Organisation, with
the growth indicator of 21.2% Georgia holds the highest position in Europe while in the region of
Europe and Central Asia Georgia is surpassed only by Kazakhstan by 0.7%.
FactCheck concludes that Giorgi Kvirikashvili’s statement: “In 2013, the number of visitors
grew by 22%. A total of 5.4 million visitors came to Georgia and with this indicator we hold one
of the leading positions in Europe,” is TRUE.
true
The views expressed in this website are those of FactCheck.ge and
do not reflect the views of The FINANCIAL or the supporting organisations
CMYK
14
publicity
HEADLINE NEWS & ANALYSIS
FINANCIAL
2 June, 2014 | finchannel.com
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Advertiser: PSP. Contact FINANCIAL Ad Dep at marketing@finchannel.com
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FINANCIAL HEADLINE NEWS & ANALYSIS
15
energy prices in europe
2 June, 2014 | finchannel.com
publicity
Fuel prices
Electricity households
Fuel Taxes
Fuel prices
Actual prices per one liter of fuel. Download fuel prices per EU country, from January 2000 onwards.
Unleaded (Superbleifrei, Euro sans plomb, Euro95)
January 5, 2013
Country
Retail Price
Austria
The World Health Organisation estimates that there are currently one billion
smokers across the globe and that by 2050 this number could increase to
2.2billion.
Despite the well-known health risks and pressure to quit, millions of adults
choose to smoke.
It’s time to look at alternatives.
A new, more realistic and progressive route is needed.
One where adult smokers looking to reduce the amount they smoke or quit,
are given a choice of less risky products such as e-cigarettes.
This approach is what we, and many scientists, refer to as ’Tobacco Harm
Reduction’ and we believe that offering adult smokers the freedom to choose is
key to its success.
Our knowledge of smokers’ wants and needs means we understand them as
consumers and can help establish and grow the use of less risky alternatives.
As such, we believe we can and should be a part of the debate and the
solution.
We are committed to the concept of tobacco harm reduction already
investing over £170million per year in research and development, enabling us to
offer an expanding range of less risky tobacco and nicotine products.
However, for this to work, Governments and the public health community
need to embrace this concept and these products as a realistic alternative to
today’s failing approaches.
We welcome the opportunity to collaborate on making the concept of
tobacco harm reduction a reality – a real alternative that provides a practical
and pragmatic approach for governments seeking to reduce tobacco use.
€ 1.390
Belgium
€ 1.636
Bulgaria
€ 1.265
Cyprus
€ 1.348
Diesel (Gazole, Gasóleo)
Price (Excluding VAT)
Retail Price
€ 1.158
€ 1.352
2.49 лв.
€ 1.054
€ 1.133
€ 1.492
2.08 лв.
€ 1.304
€ 1.152
€ 1.233
2.55 лв.
Czech Republic
€ 1.393
35.00 Kč
€ 1.151
28.93 Kč
€ 1.433
36.00 Kč
€ 1.184
29.75 Kč
€ 1.607
11.99 kr
€ 1.286
9.59 kr
€ 1.460
10.89 kr
€ 1.168
8.71 kr
Estonia
€ 1.239
€ 1.033
€ 1.293
€ 1.078
Finland
€ 1.603
€ 1.293
€ 1.521
€ 1.227
France
€ 1.650
€ 1.380
€ 1.493
€ 1.248
Germany
€ 1.577
€ 1.325
€ 1.453
€ 1.221
Greece
€ 1.681
Hungary
€ 1.387
Ireland
€ 1.590
€ 1.367
407 Ft
€ 1.092
€ 1.411
320 Ft
€ 1.424
€ 1.293
€ 1.147
418 Ft
€ 1.531
€ 1.448
€ 1.245
Italy
€ 1.752
Latvia
€ 1.319
Ls 0.922
€ 1.090
Ls 0.762
€ 1.321
Ls 0.923
€ 1.092
Ls 0.763
Lithuania
€ 1.360
Lt 4.70
€ 1.124
Lt 3.88
€ 1.299
Lt 4.49
€ 1.074
Lt 3.71
€ 1.697
€ 1.402
Luxembourg
€ 1.317
€ 1.145
€ 1.218
€ 1.059
Malta
€ 1.500
€ 1.271
€ 1.380
€ 1.169
Netherlands
€ 1.782
Poland
€ 1.347
Portugal
€ 1.749
Romania
€ 1.271
Slovakia
€ 1.504
€ 1.473
5.49 zł
€ 1.095
€ 1.491
4.46 zł
€ 1.364
€ 1.025
4.56 lei
€ 1.309
€ 1.253
E
ating prunes as part of
a weight control diet
can improve weight
loss, found research by
the University of Liverpool. Consumption of dried fruit
is not readily recommended during weight loss despite evidence it
enhances feelings of fullness.
Low fibre
consumers
However, a study by the University’s Institute of Psychology, Health and Society of 100
overweight and obese low fibre
consumers tested whether eating prunes as part of a weight
loss diet helped or hindered
4.52 zł
€ 1.211
5.83 lei
€ 1.056
€ 1.431
4.70 lei
€ 1.193
Slovenia
€ 1.486
€ 1.238
€ 1.385
€ 1.154
€ 1.372
€ 1.134
€ 1.343
€ 1.110
Sweden
€ 1.646
14.18 kr
€ 1.317
11.34 kr
€ 1.642
14.14 kr
€ 1.314
11.31 kr
United Kingdom
€ 1.624
£ 1.321
€ 1.353
£ 1.101
€ 1.714
£ 1.394
€ 1.428
£ 1.162
EU AVERAGE
€ 1.496
€ 1.432
€ 1.234
€ 1.181
Electricity households
Retail
(end-user)
energy prices for households.
Reference
month:
May 2012.
Two
consumption
methodology.
Historical
price
data going levels
back toare
theidentified.
year 2000,Research
visit EU Energy
History.
Price data mentioned may not reflect the latest insights found in the commercial editions.
to solve the Ukrainian crisis, one
avenue of action should be clear:
Georgia must be allowed to take a
clear next step toward full NATO
membership.”
The opinion piece, titled “To
Halt Putin, Bring Georgia Closer
to NATO”, is accompanied by a
disclaimer saying: “The opinions
expressed are solely those of the
author and not necessarily those
of the Georgian government.”
Condemning such a disclaimer,
opposition UNM party said that it
was demonstrating “split” within
the government, as well as showing that PM Irakli Garibashvili
and “oligarch” Bidzina Ivanishvili in fact “are not supporting
Georgia’s actual integration into
NATO.”
Source: Civil Georgia
Eating prunes can help weight loss
weight control over a 12-week
period.
It also examined if low fibre
consumers could tolerate eating
substantial numbers of prunes
in their diet, and if eating prunes
had a beneficial effect on appetite.
To assess the effects of prunes
on weight and appetite, participants in the study were divided
into two groups – those who ate
prunes every day (140g a day for
women and 171g a day for men)
and those who were given advice
on healthy snacks over the period
of active weight loss.
Members of the group which
ate prunes as part of a healthy
life-style diet lost 2kg in weight
and shed 2.5cm off their waists,
found the researchers. However,
the people in the group which
was given advice on healthy
€ 1.109
€ 1.489
€ 1.422
5.66 lei
€ 1.232
5.56 zł
Spain
Consumption: 7,500 kWh/year (± 30%)
BelgiumConsumption: 3,500 kWh/year
€ 0.2134
(± 25%)
BulgariaCountry
snacks lost only 1.5kg in weight
and 1.7cm from their waists, according to University of Liverpool.
The prune eaters experienced
greater weight loss during the
last four weeks of the study. After
week eight, participants showed
increased feelings of fullness in
the prune group. Moreover, despite the high daily doses, prunes
were well tolerated.
“These are the first data to
demonstrate both weight loss
and no negative side effects when
consuming prunes as part of a
weight management diet. Indeed
in the long term they may be beneficial to dieters by tackling hunger and satisfying appetite; a major challenge when you are trying
to maintain weight loss,” Dr Jo
Harrold, Liverpool psychologist,
who led the research.
€ 0.0829€ per kWh Electricity
€ per kWh Electricity
€ 0.1798
Belgium Consumption: 7,500 €
0.1940(± 30%)
kWh/year
€ 0.0823 € per kWh Electricity
Bulgaria Country
Cyprus Austria
€ 0.2850€ 0.1988
Cyprus
Czech Republic
Belgium
€ 0.1480€ 0.2134
Czech Republic
Belgium
€ 0.2800 € 0.1798
Austria
€ 0.1276 € 0.1940
Denmark
Bulgaria
€ 0.2982€ 0.0829
Denmark Bulgaria
€ 0.2562 € 0.0823
EstoniaCyprus
€ 0.0989€ 0.2850
Estonia Cyprus
€ 0.0948 € 0.2800
FinlandCzech Republic
€ 0.1566€ 0.1480
Finland Czech Republic € 0.1369 € 0.1276
France
€ 0.1412
France
€ 0.1279
Germany
€ 0.2541
Germany
€ 0.2406
Greece
€ 0.1265
Greece
€ 0.1553
Hungary
€ 0.1708
Hungary
€ 0.1616
Ireland
€ 0.1920
Ireland
€ 0.1604
Italy
€ 0.2031
Italy
€ 0.2485
Latvia
€ 0.1187
Latvia
€ 0.1193
Lithuania
€ 0.1200
Lithuania
€ 0.1201
Luxembourg
€ 0.1707
Luxembourg
€ 0.1587
Malta
€ 0.1695
Malta
€ 0.1829
Netherlands
€ 0.2208
Netherlands
€ 0.2439
Poland
€ 0.1488
Poland
€ 0.1419
Portugal
€ 0.1689
Portugal
€ 0.1547
Romania
€ 0.1095
Romania
€ 0.1074
Slovakia
€ 0.1677
Slovakia
€ 0.1501
Slovenia
€ 0.1447
Slovenia
€ 0.1335
Spain
€ 0.1959
Spain
€ 0.1777
Sweden
€ 0.2098
Sweden
United Kingdom
€ 0.1419
United Kingdom
€ 0.1821
EU Blue Card
- Connect to EU Jobs
€ 0.1265
Notes:
- Amount is in euro (€) per kiloWatthour (kWh).
The
price
components
that make
up the retail
oneaverage
liter of fuel.
- Price
data
for non-eurozone
countries
are inprice
euro.forThe
exchange rate valid for the referenced month is applied.
- Prices include: market price, transmission through main and local networks, administrative charges and all taxes.
Crude - Purchase price of one liter of crude.
Margin - Refining, transportation, insurance, stockpiling, distribution and sale to consumers.
Excise duties and VAT - Taxes levied by local governments. May include environment related taxes.
Fuel Taxes
January 5, 2013
The FINANCIAL
329 Ft
€ 1.121
Retail (end-user) energy prices for households.
Two consumption levels are identified. Research methodology.
Price data mentioned may not reflect the latest insights found in the commercial editions.
What else Georgia
should do?
“Georgia has done a lot to fulfill
the necessary criteria to becoming a NATO member once in the
future and that of course leads
you to question what can Georgia
expect at the summit [in Wales in
September].”
“I have to tell you that it’s bit
too early to predict. We are now
in the process of assessing each of
the four aspirant countries,” Rasmussen said, referring to Georgia, Bosnia and Herzegovina,
Montenegro and Macedonia.
“NATO foreign ministers will
discuss these assessment reports
when they meet by the end of
June and I hope that we will be
able to reach a consensus at that
time on how to address the open
2.13 лв.
€ 1.203
Denmark
Consumption: 3,500 kWh/year (± 25%)
door policy at the summit,” he
said.
“I can’t tell you today exactly
how we will do it, but let me add
to that as my personal view that
the progress achieved should be
properly reflected one way or the
other at the summit. But as you
also know we will need a consensus.”
“I also think we should take
into consideration the strategic
implications of the current security situation in Europe and send
the right signal to Moscow that
Russian assertive attitude does
not pay,” Rasmussen added.
Georgia’s state minister for
European and Euro-Atlantic integration, Alex Petriashvili, published an opinion piece in the
Wall Street Journal saying that
“as the West considers how best
€ 1.087
€ 1.407
Country month: May 2012.
€ per kWh Electricity
Country
Reference
Austria
€ 0.1988
Austria
Historical
price data going back
to the year 2000, visit EU Energy
History.
Continued from p. 12
Price (Excluding VAT)
€ 1.359
Unleaded (Superbleifrei, Euro sans plomb, Euro95)
Country
Crude
Austria
€ 0.512 € 0.164
Belgium
€ 0.512 € 0.226
Margin Excise duties
Diesel (Gazole, Gasóleo)
VAT
Retail price
€ 0.482
€ 0.232
€ 1.390
€ 0.512 € 0.224
Crude
Margin Excise duties
€ 0.397
€ 0.227
VAT
Retail price
€ 1.359
€ 0.614
€ 0.284
€ 1.636
€ 0.512 € 0.293
€ 0.428
€ 0.259
€ 1.492
€ 1.304
Bulgaria
€ 0.512 € 0.179
€ 0.363
€ 0.211
€ 1.265
€ 0.512 € 0.253
€ 0.322
€ 0.217
Cyprus
€ 0.512 € 0.281
€ 0.359
€ 0.196
€ 1.348
€ 0.512 € 0.361
€ 0.330
€ 0.204
€ 1.407
Czech Republic
€ 0.512 € 0.123
€ 0.516
€ 0.242
€ 1.393
€ 0.512 € 0.232
€ 0.440
€ 0.249
€ 1.433
Denmark
€ 0.512 € 0.187
€ 0.587
€ 0.321
€ 1.607
€ 0.512 € 0.212
€ 0.444
€ 0.292
€ 1.460
Estonia
€ 0.512 € 0.098
€ 0.423
€ 0.207
€ 1.239
€ 0.512 € 0.173
€ 0.393
€ 0.216
€ 1.293
€ 1.521
Finland
€ 0.512 € 0.131
€ 0.650
€ 0.310
€ 1.603
€ 0.512 € 0.245
€ 0.470
€ 0.294
France
€ 0.512 € 0.261
€ 0.607
€ 0.270
€ 1.650
€ 0.512 € 0.308
€ 0.428
€ 0.245
€ 1.493
Germany
€ 0.512 € 0.159
€ 0.654
€ 0.252
€ 1.577
€ 0.512 € 0.239
€ 0.470
€ 0.232
€ 1.453
Greece
€ 0.512 € 0.185
€ 0.670
€ 0.314
€ 1.681
€ 0.512 € 0.223
€ 0.412
€ 0.264
€ 1.411
Hungary
€ 0.512 € 0.161
€ 0.419
€ 0.295
€ 1.387
€ 0.512 € 0.223
€ 0.386
€ 0.303
€ 1.424
Ireland
€ 0.512 € 0.193
€ 0.588
€ 0.297
€ 1.590
€ 0.512 € 0.254
€ 0.479
€ 0.286
€ 1.531
Italy
€ 0.512 € 0.232
€ 0.704
€ 0.304
€ 1.752
€ 0.512 € 0.298
€ 0.593
€ 0.295
€ 1.697
Latvia
€ 0.512 € 0.170
€ 0.408
€ 0.229
€ 1.319
€ 0.512 € 0.250
€ 0.330
€ 0.229
€ 1.321
Lithuania
€ 0.512 € 0.178
€ 0.434
€ 0.236
€ 1.360
€ 0.512 € 0.260
€ 0.302
€ 0.225
€ 1.299
Luxembourg
€ 0.512 € 0.171
€ 0.462
€ 0.172
€ 1.317
€ 0.512 € 0.217
€ 0.330
€ 0.159
€ 1.218
Malta
€ 0.512 € 0.290
€ 0.469
€ 0.229
€ 1.500
€ 0.512 € 0.276
€ 0.382
€ 0.211
€ 1.380
€ 1.491
Netherlands
€ 0.512 € 0.231
€ 0.730
€ 0.309
€ 1.782
€ 0.512 € 0.289
€ 0.431
€ 0.259
Poland
€ 0.512 € 0.203
€ 0.380
€ 0.252
€ 1.347
€ 0.512 € 0.267
€ 0.330
€ 0.255
€ 1.364
Portugal
€ 0.512 € 0.326
€ 0.584
€ 0.327
€ 1.749
€ 0.512 € 0.333
€ 0.366
€ 0.278
€ 1.489
Romania
€ 0.512 € 0.153
€ 0.360
€ 0.246
€ 1.271
€ 0.512 € 0.228
€ 0.316
€ 0.253
€ 1.309
Slovakia
€ 0.512 € 0.227
€ 0.515
€ 0.251
€ 1.504
€ 0.512 € 0.295
€ 0.386
€ 0.239
€ 1.431
€ 1.385
Slovenia
€ 0.512 € 0.235
€ 0.491
€ 0.248
€ 1.486
€ 0.512 € 0.281
€ 0.361
€ 0.231
Spain
€ 0.512 € 0.197
€ 0.425
€ 0.238
€ 1.372
€ 0.512 € 0.267
€ 0.331
€ 0.233
€ 1.343
Sweden
€ 0.512 € 0.185
€ 0.620
€ 0.329
€ 1.646
€ 0.512 € 0.248
€ 0.554
€ 0.328
€ 1.642
United Kingdom
€ 0.512 € 0.167
€ 0.674
€ 0.271
€ 1.624
€ 0.512 € 0.242
€ 0.674
€ 0.286
€ 1.714
oman a
.
oman a
.
CMYK
16
publicity
HEADLINE NEWS & ANALYSIS
FINANCIAL
2 June, 2014 | finchannel.com
Advertiser: KSB Bank. Contact FINANCIAL Ad Dep at marketing@finchannel.com
CMYK
FINANCIAL HEADLINE NEWS & ANALYSIS
17
georgian banking services
2 June, 2014 | finchannel.com
TBC Bank
Tbilisi Branches
Tbilisi #9 Service Center in Zahesi
(Customs Terminal)
0125, 105 A, Mshvidoba St.
Vake Branch #1
0179, 41, Abashidze St.
Central Branch
0179, 11, Chavchavadze Ave.
Chavchavadze Branch #1
0179, 29/31/33, Chavchavazde Ave
Vera Branch
0179, 31, Melikishvili St.
Parliament Service Center
0118, 8, Rustaveli Ave
Mtatsminda Branch
0105, 1, Rustaveli Ave.
Rustaveli Service-Center
0108, Marriot hotel
Rustaveli Branch #1
0108, 44, Rustaveli Ave.
Mtatsminda Branch #2
0105, 22, Leselidze St.
Rustaveli Branch #2
0105, 52, Rustaveli Ave.
Avlabari Branch #1
0103, 2, Ketevan Tsamebuli Ave.
Varketili Branch #1
Javakheti St.
Isani Branch
0120, 67, K. Tsamebuli Ave.
Vazha-Pshavela Branch #2
0186, 73, Vazha-Pshavela Ave.
Vazha-Pshavela Branch #1
0160, 11, Vazha-Pshavela Ave
Saakadze Branch
0160, 6, Shartava St. (Saakadze Sq.)
Saburtalo Branch
0160, 12, Al. Kazbegi Ave.
Tbilisi Central Service Center
0112, Vagzali Sq. 2
Agmashenebeli Branch #1
0102, 138, Agmashenebeli Ave.
Marjanishvili Branch #2
0102, 16, Marjanishvili St.
Tamar Mepe Branch
0112, 7, Tamar Mepe Ave.
Head Office & Marjanishvili Branch
0102, 7, Marjanishvili St.
Tsereteli Branch #2
0119, 73a, Tsereteli Ave.
Didube Branch
0119, 117, Tsereteli Ave.
Digomi Branch in shop («My House»)
0131, Agmashenebeli Alley, 12th km,
furniture shop «My House»
Digomi Branch in “Goodwill”
0131, 1, Parnavaz Mepe Ave. (Hypermarket
Goodwill)
Nadzaladevi Branch
0180, 109, Dadiani Ave.
Gldani Branch
0172, Mukhiani Settlement, Plot 1/6
Tbilisi Airport Service Center
0158, Tbilisi National Airport
Tbilisi ATMs
Vazisubani
Vazisubani III dstr., II Blk.
Sanzona
50, Guramishvili Ave.
Nikora Store
Vake
11, Chavchavadze Ave.
Vake Branch
1, Tamarashvili St.
Pharmacy “36.6”
34, Chavchavadze Ave.
Trading Center “Pixel”
7, Kipshidze St.
41, Abashidze St.
Vake Service Center #1
29, Chavchavazde Ave.
TBC Bank Branch
59, Paliashvili St.
“Simba” Supermarket
50, Chavchavadze Ave.
15, Phaliashvili St. Aversi Pharmacy
Vera
7, Kostava St.
36, Kostava St.
Cinema “Amirani”
8/1, Akhvlediani Ave
18, Melikishvili St.
60, Barnovi St.
“Fresh Market”
31, Melikishvili St.
TBC Bank branch
Mtatsminda
13, Rustaveli Ave. Hotel «Tbilisi Marriot»
11, Rkinis Rigi
Acura Billiard Room
5, Rustaveli Ave.
Rustaveli Cinema
4, Freedom Square
22, Leselidze St.
TBC Bank branch
52, Rustaveli Ave. TBC Bank branch
44, Rustaveli Ave. TBC Bank branch
1, Rustaveli Ave.
TBC Bank branch
Avlabari
84, K. Tsamebuli Ave.
2, K. Tsamebuli Ave.
TBC Bank branch
Navtlugi
2, Cholokashvili St.
“36.6” Pharmacy
Varketili
34a, Kakheti Highway
44, Javakheti St.
(Varketili Metro)
Varketili 3, 4th m/r.
Javakheti St.
TBC Bank branch
Isani-Samgori
39a, Moscow Ave.
169, Khmelnitski St.
Supermaket
“Isani” subway station
67, K.Tsamebuli Ave.
TBC Bank branch
Saburtalo
40, Vazha Pshavela Ave.
ESM Tbilisi
67, Vazha Pshavela Ave.
«Nikora» Shop
68, Kostava St.
Public Television Building
22, Bakhtrioni St.
53, Saburtalo St.
Nikora store
12, Al. Kazbegi Ave.
At Saburtalo Branch
74, Kostava st.
Shop “Caesar”
Z. Zhvania Sq., 45, Gamsakhurdia Ave.
“PSP” Pharmacy
1, Nutsubidze St.
52, Vazha-Pshavela Ave.
Mobi Shop
Riverside named after H. Aliev
At Wissol gas station
Turn at 4th Plateau of Nutsubidze
179, Nutsubidze St.
“PSP” Pharmacy
26, Kazbegi Ave.
Shop “Planeta Z”
Vazha-Pshavela V Blk, 4 Bld.
29, Gamsakhurdia Ave.
Shop “Okaidi”
6, Shartava St.
4, Gamsakhurdia Ave.
11, Vazha-Pshavela Ave
TBC Bank Branch
11, Mitskevichi St. Supermarket
29b, Kazbegi Ave.
73, Vazha-Pshavela Ave.
TBC Bank branch
11/5, Dolidze St.
Supermartket “Mango”
Chugureti
39, Chitaia St.
Aversi Pharmacy
7, Marjanishvili St. Marjanishvili branch
19 Tsabadze St.
Trade center «Pasazhi»
8, Tsabadze St.
Trade center «Kidobani»
4, Khetagurov St.
Humana Pharmacy
16, Marjanishvili St.
TBC Bank branch
4, Chubinashvili St.
Aversi Pharmacy
Didube
73a, Tsereteli Ave.
At #2 Didube Branch
114, A. Tsereteli Ave.
«Coca-Cola»
117, Tsereteli Ave.
At Didube Branch
82, Tamar Mepe Ave.
“MedService” Pharmacy
1, Tsereteli Ave.
Trading Center “Panda”
7, Tamar Mepe Ave.
TBC Bank branch
138, Agmashenebeli Ave.
TBC Bank branch
12, Kereselidze St.
“Megaline” Trading Center
Digomi
Digomi District 3/2
Digomi District II BLK. Building 7
Digomi District, 3rd blk.
D. Agmashenebeli Alley
“Lukoil” Gas station
Didi Digomi
Entrance of Didi Digomi
Trade center GOODWILL
12th Km, Agmashenebeli Alley.
Shop “Chemi Sakhli”
Nadzaladevi
106, Ts. Dadiani Ave.
Nadzaledevi Branch
321, Ts. Dadiani Ave.
Aversi Pharmacy
144, Ts. Dadiani Ave.
Supermarket
Temka
Temka, 10th Block, BLD. 2.
Gldani
Gldani District 1st blk.
Supermarket “Bingo”
Akhmeteli Metro
Trading Center “Mariami”
Mukhiani Settlement, Plot 1/6
TBC Bank branch
Mukhiani
Mukhiani III MKR, Dumbadze Ave.,
BLK.5a
Mukhiani II M/R, Noneshvili St., BLk. 5
“Red A” Pharmacy
Avchala
3, Sarajishvili St.
“Alfa Express”
Ortachala
39, V. Gorgasali St.
28, Gorgasali St.
Airport
Tbilisi International Airport
CONSTANTA
Bank
Branches and ATMs
Tbilisi
Sadguri Branch
137, Tsinamdzgvrishvili Street
Varketili Branch
20, Vazisubani turn
Isani Branch
84/86, Ketevan Tsamebuli Avenue
Gldani Branch
The right side of the Akhmeteli Subway
Didube Branch
117, Tsereteli Ave
Lilo Branch
2, Chirankhuli Str.
Saburtalo branch
28, Vaja-Pshavela Str.
Baratashvili Branch
2, Baratashvili Str.
Bank of
Georgia
Tbilisi
Mtatsminda-Krtsanisi
3 Pushkin Str.
4 Leselidze Str.
38 Tabukashvili Str.
7 Pushkin Str.
1 Vekua Str.
3 Pushkin Str.
Vake-Saburtalo
24 Kostava Str.
29 Vazha-Pshavela Ave.
7 Kipshidze Str.
14 Gamsakhurdia Ave.
22 Bakhtrioni Str.
72/12 I.Abashidze Str.
70 Kostava Str.
Sheraton Metheki Palace
10 Melikishvili Ave.
62 Chavchavadze Ave.
Mtatsminda-Krtsanisi
8 Rustaveli Ave. (Parliament)
38 Tabukashvili Str.
19 Rustaveli Ave.
4 Freedom Square (Courtyard Marriott)
Metro Station “Tavisuplebis Moedani”
Metro Station “Rustaveli”
3 Vekua Str. (Populi City)
37 Gorgasali Str. Ortachala
Radisson SAS Iveria Hotel
Isani-Samgori
10 Ketevan Tsamebuli Ave.
80 Ketevan Tsamebuli Ave.
7 Kalaubani Str.
Airport
Metro Station “Avlabari”
Metro Station “300 Aragveli”
Metro Station “Samgori 1”
Metro Station “Samgori 2”
Metro Station “Varketili”
Metro Station “Isani”
Temqa Block 10, Bulding 25
44 Moskovi Ave.
Vazis ubani block 4 (“Populi”)
Vake-Saburtalo
41 Vazha-Pshavela Ave.
23 Chavchavadze Ave.
70 Kostava Str.
16 Gamsakhurdia Ave.
7 Petritsi Str.
Melikishvili Str. 10
Gldani-Nadzaladevi
39 Tsotne Dadiani Str.
5 Tornike Eristavi Str. (“Electroplast”)
Shopping Mall “Mariami”, Gldani
Metro Station “Akhmeteli”
Metro Station “Grmagele”
Metro Station “Nadzaladevi”
Metro Station “Sarajishvili”
Metro Station “Guramishvili”
Mukhiani, Block 4, Bulding 4
34 Tsotne Dadiani Str., Bulding 8
Metro Station “Elektrodepo”
Vake-Saburtalo
1a Bulachauri Str.
Metro Station “Politeknikuri Instituti 1”
Metro Station “Politeknikuri Instituti 2”
Metro Station “Vazha-Pshavela”
Metro Station “Sameditsino Instituti 1”
Metro Station “Sameditsino Instituti 2”
Didube-Chugureti
99 Tsereteli Ave.
18 Tamar mefis Ave.
60 Tsereteli Ave.
83/23 Davit Agmashenebeli Ave.
142 Davit Agmashenebeli Ave.
19 Tsabadze Str. (“Pasazhi”)
12 Kereselidze Str. 1st turn (“Megaline”)
137 Tsinamdzgvrishvili Str.
127 Davit Agmashenebeli Ave.
Metro Station “Vagzlis Moedani”
Metro Station “Vagzlis Moedani 3”
Metro Station “Tsereteli”
Metro Station “Didube”
Metro Station “Marjanishvili”
3 Vagzali Str.
Gldani-Nadzaladevi
Gladni 1 Vekua Str., Block “a”
38 Guramishvili Ave.
ATM’s
Tbilisi
Vake
8 Mtskheta Street
12 eristavi street
72/12 Abashidze Street
48 Chavchavadze Avenue
22/23 Chavchavadze Avenue
22/23 Chavchavadze Avenue
62 Chavchavadze Avenue
50 Chavchavadze Avenue
52 Chavchavadze Avenue
22 Chavchavadze Avenue
78 Chavchavadze Avenue
7 Kipshidze Street
9a nafareuli street
13 Kipshidze Street
2 Berdzenishvili Street
41 abashidze street
81/9 Abashidze Street
3 Tamarashvili Street
Tamarashvili Street
16 Phaliashvili Street
Tskneti
3 Rustaveli Street
2 Rustaveli Street
Saburtalo
67 Vazha-Pshavela Avenue
41 Vazha-Pshavela Avenue
41 Vazha-Pshavela Avenue
2 Vazha-Pshavela Avenue
27b Vazha-pshavela avenue
27a Vazha-Pshavela Avenue
17 Vazha-Pshavela Avenue
27 Vazha-Pshavela Avenue
72 Vazha-Pshavela Avenue
Vazha-Pshavela Avenue, II Block
35/37 Shartava Street
7 Shartava Street
21 Dolidze Street
vakhushti bridge
Saakadze square
Samedicino
Vazha-Pshavela
Politeqnikuri 1
Politeknikuri 2
17a Saburtalo Street
37 Saburtalo Street
70 Kostava Street
70 Kostava Street
26 maisi street
1 26 May square
Kostava Street
44 Khazbegi Avenue
10 Khazbegi Avenue
13 Khazbegi Avenue
14 Khazbegi Avenue
12 Khazbegi Avenue
bagteriofagi
8 a mitschkevichi street
19 Gamrekeli Street
23 kandelakis street
43 Gamsakhurdia Avenue. gagarini
16 Gamsakhurdia Avenue
2 Gamsakhurdia Avenue
14 Gamsakhurdia Avenue
1a Bulachauri Street
3 mk.2 kv. Nucubidze
175 Nutsubidze Street
221 Nutsubidze Street
25 nutsubidze street
Nutsubidze plato III mr. II kv
1 Sandro Euli Street
13 Bakhtrioni Street
22 Bakhtrioni Street
6 Phanaskerteli Street
16 Chikovani Street
25 Kavtaradze Street
4 Gabashvili Street
5 Jikia Street
Mtatsminda
2 Freedom Square
mtawminda square
3 Pushkin Street
3 Pushkin Street
3/1 Pushkin Street
3 Pushkin Street
Tavisuplebis Moedani
7 Pushkin Street
4 Freedom Square
12 Chanturia Street
Rustaveli
16 Rustaveli Avenue
8 Rustaveli Avenue
19 Rustaveli Avenue
37 Rustaveli Avenue
2 Leonidze Street
22 Leselidze Street
4, Leselidze Street
38 Tabukashvili Street
2 Baratashvili Street
7 Ingorokva Street
GTC
8 Erekle II Street
13 Savteli Streer
20 Akhvlediani street
1 Vekua Street
40 Khetagurovi street
rose squire
rose squire
Vera
28 petriashvili street
25 Kostava Street
24 Kostava Street
44 Kostava Street
1 Khorava Street
10 Kekelidze Street
8 Kuchishvili Street
50 Gogebashvili Street
13 Melikishvili Street
10 Melikishvili Street
10 Melikishvili Street
Gldani-Nadzaledevi
2 gudamakhari street
Gldani V m/r Block14
Gldani III m/r
2 Khizanishvili Street
2 Dadiani Street
7 Dadiani street
34 Dadiani Street
151 Dadani Street
21 Sarajishvili Street
Sarajishvili
Grmagele
Guramishvili
38 Guramishvili Avenue
33a GuramiSvili avenue
84 Guramishvili Avenue
7 Guramishvili Avenue
84 Guramishvili Avenue
Peikrebi street
Mukhiani, IV m/r, 4 block
Dumbadze str IV m/r, Block 5
Nadzaladevi
Nadzaladevi metro Square
15 Khizanishvili Street
31 Khizanishvili Street
metro axmetelis mimdebare. mariami
metro axmetelis mimdebared
1 Vekua Street
1 Vekua Street
Akhmeteli
Temka 10 Kv, Block 25
Temka samshobiaro saxli # 5 mimd
34 Khosharauli Street
Didube-Chugureti
8 tsabadze street
17 Uznadze Street
1 Tsereteli avenue
60 Tsereteli Avenue
55 Tsereteli Avenue
95 Tsereteli Avenue
110 Tsereteli Avenue
99 Tsereteli Avenue
118 Tsereteli Avenue
118 Agmashenebeli Avenue
127 Agmashenebeli Avenue
80 Agmashenebeli Avenue
96 Agmashenebeli Avenue
1 Agmashenebeli Avenue
89/24 Agmashenebeli Avenue
86/90 Agmashenebeli Avenue
15 Tamar Mepe Avenue
10 Tamar Mepe Avenue
20 General Kvinetadze Street
5 marjanishvili street
Marjanishvili
83/23 Agmashenebeli street
1 Chitaia Street
19 Tsabadze Street, pasage
2 Chkheidze Street
Tbilisi central
Tsereteli
Vagzlis moedani 2
Vagzlis Moedani 1
Vagzlis Moedani 2
19 Agladze Street
2 Vagzlis Moedani
95 Tsinamdzgvrishvili Street
137 Tsinamdzgvrishvili Street
Mtkvari Left Riverside (mushtaedi)
1 chaladze street
Digomi
8 chachava street
Military Base (vashlijvari)
Digomi II kv. 5 Block
Digomi Block V, I a Building
11 George Balanchini Street
Agmashenebeli alley II km
Agmashenebeli alley 9 km.
Agmashenebeli alley Didi Digomi way.
Digomi village way (vashlijvari)
8 Petritsi Street
7 Petritsi Street
10/12 Godziashvili Street Vashlijvari
Agmashenebeli alley 13 km
6 gelovani avenue
5 Lubliana Street
Isani-Samgori
Isani
Samgori 1
Samgori 2
Varketili
Varketili 3, IVm/r, near by 410 Building
1 Khomleli street
64 Javakheti street
Vazisubani IV m/r I block, petefi str.
Vazisubani IV m/r I block
2 Landia street
300 Aragveli
Kakheti Highway 21km
60 Kakheti Highway
Military Base (alekseevka)
Military Base (alekseevka) AIR
3a Khomleti Street
10 Ketevan Tsamebuli Avenue
80 Ketevan Tsamebuli Avenue
51a Ketevan Tsamebuli Avenue
4 Kiziki Street
Airport
Airport
Airport
Military Base (vaziani2)
7 Kalaubani Street
7 Kalaubani Street
14 Kalaubani Street
39 Moscow Avenue
17 chichinadze street
44 Moscow Avenue
10 Telavi Street
Avlabari
Avlabari Metro Square
8/10 Chekhov Street
23 Shuamta Street
155 bogdan khmelnitski street
6/4 Naftlukhi Street
Atskuri, isnis metros mimdebare
Kairo & Javakheti Street
64 Melaani Street
1 Abdushelishvili street
122 Kakheti Highway
market lilo
113 gakhokidze street
38 Kakheti Highway
Krtsanisi
41 Gorgasali Street
39 Gorgasali Street
Military Base (krtsanisi)2
Military Base (krtsanisi)
16 Gorgasali Street
16 Gorgasali Street
6 Gorgasali Street
77 Gorgasali Street
117 Gorgasali Street
37 Gorgasali Street
19/2 Rustavi Highway
7 a krtsanisi street
10 Gulua Street
Kodjori
military base
Mtskheta
23 arsukidze street
Bebriscixis mimdebared
12 samxedro street
Bank
Republic
TBILISI BRANCHES AND
SERVICE CENTERS
Head Office and Central
Branch
2 Gr. Abashidze St.
Tel: (995 32) 292.55.55
Fax: (995 32) 292.55.44
Vake
13 Chavchavadze Ave. (24 hour)
33a Paliashvili St.
Freedom Square
2, Leonidze St.
Airport
International Airport (24 hour)
24 hours, except Christmas and Easter
Didube
10 Building, Tsereteli Ave.
Sadguri
10, Tamar Mephe Ave.
Sadguri
Near the Railway Station
Sanzona
34 Guramishvili Ave.
Nadzaladevi
34 Dadiani Ave.
Saburtalo
28 Pekini Ave.
71 Vazha-Pshavela Ave.
47 A. Kazbegi Ave.
Isani
6/2 Navtlughi St.
Gldani
20 Khizanishvili St.
Mukhiani
8b Block, IVa micro district
Iashvili Clinic
2/6 Lubliana St.
Police Office
8 Gulua St.
Dighomi
1b Block, 1 micro district, Dighomi
Building of City Court of Tbilisi
David Aghmashenebeli Alley VI km.
Ortachala
37 Gorgasali St.
Varketili
Aerodrome Settlement. St N 29-31
ATM
Tbilisi
Vake
2 Gr.Abashidze St.
13 Chavchavadze Ave.
33 A Paliashvili St.
1 Chavchavadze Ave.
49b Chavchavadze Ave.
50 Chavchavadze Ave.
2 Mosashvili St.
Mrgvali Bagi
7 Kibshidze St.
Mtatsminda
27 Kostava St.
32 Br/Zubalashvili St.
20 Rustaveli St.
10 Pushkini St.
8 Erekle II
2, Leonidze St.
4 – 9aprili St.
24 Gorgasali St. Ministry of Justice
24 Gorgasali St. General Office of Public
Prosecutor
37 Gorgasali St.
8 Gulua St.
Saburtalo
75 Kostava Ave.
16 Kazbegi Ave.
47 Kazbegi Ave.
2 Gamsakhurdia Ave.
23-25 Gamsakhurdia Ave.
28 Gamsakhurdia Ave.
45 Gamsakhurdia Ave.
6 Shartava St.
19 Nutsubidze St.
179 Nutsubidze St.
5 Sandro Euli St.
Nutsubidze Plato 3rd , 5 Dzotsenidze St.
13 Bakhtrioni St.
11 Dolidze St. Building 4/5
34 Vaja Pshavela Ave.
Vaja Pshavela Ave.
48 Vaja Pshavela Ave.
71 Vaja Pshavela Ave.
72 Vaja Pshavela Ave.
Building 1, Block of flats 7, Vaja Pshavela
Ave.
Kavtaradze St.
Digomi
1st Block, 1 Micro District, Dighomi Masivi
9 Mikeladze St. 3rd Block, Dighomi Masivi
Aghmashenebeli alley 6 th km.
Aghmashenebeli alley
2/6 Lubliana St.
5 Lubliana St.
13 Petritse St. Didi Digomi
Didube-Chugureti
1 Khetagurovi St.
2 Tsereteli Ave.
Tsereteli Ave. Building 10
67 a Tsereteli Ave.
144 Tsereteli Ave.
10 Tamar Mephe Ave.
Near Railway Station
44 Aghmashenebeli Ave.
4 Chubinashvili St.
19 Vakhtang Bagrationi Ave.
19 Tsabadze St.
Isani-Samgori
International Airport of Tbilisi,
„Sakaeronavigatsia“
International Airport of Tbilisi, Airport
Service Center
Kakheti highway
112 Kakheti highway
6/2 Navtlughi St.
23 “Ghvinis Aghmarti”
Varketili Subway Territory
7 Varketili, Kaloubnis St.
9 Tsinandali St.
91 Ketevan Tsamebuli Ave. Opposite side
2 Ketevan Tsamebuli square
44 Moscow Ave.
Vazisubani III Mik. II Block #15
Gldani-Nadzaladevi
34 Dadiani St.
39 Dadiani St.
263 Dadiani St.
20 Khizanishvili St.
Mukhiani 2nd , Block #5 (Noneshvili St.)
Mukhiani, Building 8, 4a m/d
Temka District, Building 10, 2 m/d, Block
of flats: 25
34 Guramishvili Ave.
36 Guramishvili Ave.
Subway Sadguri, Akhmeteli Theatre
Territory
VTB Bank
Tbilisi
37, Uznadze Str.
14, Chanturia Str.
5, Jikia Str.
3, Gotua Str.
6, Gorgasali Str.
16/18, Rustaveli Ave.
54, Chavchavadze Ave.
10, Chavchavadze Ave.
21, Vazha Pshavela Ave.
I tr. 33, Kostava Ave.
16/18, Tamar Mepe Ave.
4, Leselidze Str.
15, Tamar Mepe Ave.
76, Tsereteli Ave.
3, Vani Ave.
147, D. Aghmashebeli Ave.
5, Khizanishvili Str.
12, Ketevan Tsamebuli Ave.
20, Telavi Str.
42, Al. Kazbegi Ave.
8, Tsabadze Str.
6/2, Navtlughi Str.
9, Tsinandali Str.
48a, Bogdan Khmelnitsky Str.
19, Gamrekeli Str.
143, Tsereteli Ave.
78, Nutsubidze Str.
Aghmashenebeli Alley
60, Barnov Str.
KSB Bank
Tbilisi Branches
Vake (09.30-21.00)
43, Chavchavadze ave.
Avlabari
3, Ketevan Tsamebuli str.
Vera
8/2, Melikishvili str.
Didube
60, Tsereteli ave.
Agmashenebeli
147, Agmashenebeli ave.
Varketili
7, Kaloubani str.
Krtsanisi
37, Gorgasali str.
Pekini (09.30-20.30)
24a, Pekini ave.
Didi Digomi
8, Ioane Petritse str.
Gldani
15, Khizanishvili str.
Freedom sq. branch (24 hour)
4, Freedom sq.
Service centre - Gudushauri hospital
(24 hour)
18/20, Lubliana str.
ATM’s
Tbilisi
Vake – branch
43, Chavchavadze ave.
Vake - Fashion house
24, Chavchavadze ave.
Avlabari - branch
3, Ketevan Tsamebuli str.
Vera - branch
8/2, Melikishvili str.
Didube - branch
60, Tsereteli ave.
Agmashenebeli Avenue - branch
147, Agmashenebeli ave.
Varketili - branch
7, Kaloubani str.
Krtsanisi - branch
37, Gorgasali str.
Pekini - branch
24a, Pekini ave.
Didi Digomi - branch
8, Ioane Petritse str.
Agmashenebeli Alley - Prosecutor
12 km, Agmashenebeli Alley
Gudushauri Hospital
18/20, Lubliana str.
Gldani - branch
15, Khizanishvili str.
Freedom sq. - branch
4, Freedom sq.
Publich Television
68, Kostava ave.
Public Service Hall
2, Sanapiro str.
Mtatsminda-Krtsanisi, Revenue Service
16, Gorgasali str.
Mtatsminda-Krtsanisi, Revenue Service
4, General Gulua str.
Georgian railway
15, Tamar Mepe ave.
Trade center Panda
1, Tsereteli Ave.
Agmashenebeli Avenue
96, Agmashenebeli ave.
Old Tbilisi
5, Virsaladze str.
Church store
67, Vazha-Pshavela ave.
Book store
14, Vazha-Pshavela ave.
Dighomi district
2nd block, building 6a.
Airport customs clearance zone
Old airport
Lilo customs clearance zone
Martkopi,Gardabani Region
Liberty
Bank
Branches in Tbilisi
Vake-Saburtalo
Central Branch 74, I. Chavchavadze Ave.
Central Branch’s s/c #1 2, Sanapiro St.
Didi Dighomi s/c #1 9, I. Petritsi St.
Pavilion #1 10-12, Vazha-Pshavla Ave.
Pavilion #2 Kostava St. (Near Sports Palace)
Pavilion #4 33-35, I. Tchavtchavadze St.
(Near Hospital 9)
Pavilion #9 48-66, Vazha-Pshavela Ave.
Pavilion 13 13 Km. Aghmashenebeli
Highway
Saburtalo s/c #1 34, Pekini St.
Saburtalo s/c #2 7, Shartava St.
Saburtalo s/c #7 2g, B. Zhgenti St.
(Nutsubidze District)
Saburtalo s/c #8 6, Budapeshti St.
Saburtalo s/c #9 5, Kavtaradze St.
Saburtalo s/c #11 10 Km. Aghmashenebeli
Highway
Sopeli Dighomi s/c #1 Village Dighomi,
B. 7b
Saburtalo s/c #15 2, Gamsakhurdia St.
s/c #332 70, Tchavtchavadze Ave.
Saburtalo s/c #13 3, Micro-District
Nutsubidze
Saburtalo s/c #14 46, Dolidze St. / 41,
Balanchivadze St.
Tskneti s/c #1 3a, Rustaveli St.
Vake-Saburtalo Branch 2, Marijani St.
Vake s/c #2 1, Mosashvili St.
Vake s/c #3 84, Tchavtchavadze Ave.
(National Agency Bureau)
Vake s/c #4 38, Paliashvili St.
Vake s/c #12 14, Kipshidze St.
Mtatsminda-Krtsanisi
Krtsanisi s/c #1 10, Kikodze St.
Krtsanisi s/c #2 2a, Sanapiro St.
Mtatsminda-Krtsanisi Branch 37,
Gorgasali St.
Mtatsminda s/c #1 24, Kostava St.
Mtatsminda s/c #4 3, Kostava St. Turn 2
Ponitchala s/c #1 19, Rustavi Road, B. 4
Ponitchala s/c #2 3, Micro-District
Ponichala, B. 2
Didube-Chughureti
Chughureti s/c #2 153, Aghmashenebeli Ave.
Chughureti s/c #3 3, Abashidze St.
Chughureti s/c #4 21, Chitaia St.
Digomi s/c #2 7, Robakidze St.
Didube Branch 126, Tsereteli Ave.
Didube s/c #1 60, Tsereteli Ave.
Pavilion #5 A. Tsereteli St. (near Tsereteli
Underground)
Pavilion #10 Dighomi (Near Mayakovsky
Monument)
Pavilion #15 Didube (near the railway
square)
Gldani-Nadzaladevi
Avtchala s/c #1 1, Libani St.
Avtchala s/c #2 7, Libani St.
Avtchala s/c #3 5, Sarajishvili Ave.
Gldani Branch 3, Block Gldani
Gldani s/c #2 Mukhiani (Near Akhmeteli
Subway Station)
Gldani s/c #4 3, Block Gldani, B. 86
Gldani s/c #5 7, Micro-District Gldani
(Prison Gldani)
Gldani s/c #6 2, Botchorishvili St.
Gldani s/c #7 6, Micro-District Gldani, 11
Tiulenevi St.
Gldani s/c #9 8, Micro-District Gldani,
B. 23
Gldani s/c #10 2, Micro-District Gldani,
B. 24b
Gldanula s/c #1 Gldani Khevi (Ravine),
Near B. 6a
Gldani s/c #11 18, Gombori St.
Lotkini s/c #1 164, Tseronisi St.
Mukhiani s/c #2 2, Micro-District
Mukhiani, B. 5
Mukhiani s/c #3 3, Micro-District
Mukhiani, B. 5
Nadzaladevi Branch 36, Guramishvili Ave.
Nadzaladevi s/c #1 34, Dadiani St.
Nadzaladevi s/c #3 261, Dadiani St.
Nadzaladevi s/c #4 12a, Guramishvili Ave.
Nadzaladevi s/c #6 30, Guramishvili
Ave. B. 1
Temka s/c #1 11, Micro-District Temka,
Block 1
Temka s/c #2 3, Micro-District Temka,
Block 3, Near B. 41
Zahesi s/c #1 1a, Tchitchinadze St.
Isani-Samgori
Afrika s/c #1 27, Tchitchinadze St.
Afrika s/c #2 17, Tchitchinadze St.
Isani-Samgori Branch Kakheti Alley 2
Isani s/c #1 51/2, Ketevan Tsamebuli Ave.
Isani s/c #4 22, Metekhi St.
Isani s/c #6 30 Km. Kakheti Highway
Isani s/c #7 Moscow Ave, Block 2, B. 1
Isani s/c #9 90, Ketevan Tsamebuli Ave.
Lilo s/c #1 Lilo Settlement, Block 2, B. 8
Pavilion #6 4, Abzianidze St., Orkhevi
Settlement (Near Customs Department)
Pavilion #8 10 b, Airport Settlement
Pavilion #11 103, Kvareli St.(Metromsheni
Settlement)
Pavilion #12 10, Akhalubani St.
Ponitchala s/c #3 Rustavi highway, KM 30
Samgori s/c #1 37, Moskovi Ave.
Samgori s/c #2 36a, Trialeti St.
Samgori s/c #4 151, Bogdan Khmelnitski St.
Varketili s/c #1 Javakheti St. Second BlindAlley (Near Varketili Subway Station)
Varketili s/c #2 3, Micro-District Varketili,
B. 310
Varketili s/c #3 Varketili Block 10, B. g
Varketili s/c #5 Tbilisi International Airport
Varketili s/c #6 3, Micro-District Varketili
Varketili s/c #7 12, Shuamta St.
Varketili s/c #9 1, Micro-district varketili
3, Near B. 25
Varketili s/c #10 Kaloubani St. 9
Vazisubani s/c #1 4 Micro-District
Vazisubani 1B,Shandor Petofi St.
Vazisubani s/c #2 2, Micro-District
Vazisubani (Super Market “Smart”)
Vazisubani s/c #3 1, Shandor Petofi St
Didgori
Didgori s/c #1 97, Block Tabakhmela,
plot 516
ATM’s in
Tbilisi
1, Aleksidze St.
Agmashenebeli Alley, KM 11.
10a, Akhmeteli St.
13, Bakhtrioni St.
6, Budapeshti St.
Zhvania Square
2, Gamsakhurdia Avenue
2/4, Godziashvili St.
Block 3, Didi Dighomi
Building 11, Dolidze St.
1, Vazha-Pshavela Avenue
10-12, Vazha-Pshavela Avenue
27, Vazha-Pshavela Avenue
(near subway station “Sameditsino”)
76b, Vazha-Pshavela Avenue
Block 2, Vazha-Pshavela Avenue
(near Vazha-Pshavela monument)
46-48, Vazha-Pshavela Avenue
(near metro station “Delisi”)
55, Vazha-Pshavela Avenue
Block 7, Vazha-Pshavela Avenue
Vashlijvari highway
10a, Tamarashvili St.
15a, Tamarashvili St.
Kostava St. (near the Sports Palace)
24, Kostava St.
64, Kostava St.
Marshal Gelovani Avenue
10, Mitskevitchi St.
Nodar Bokhua St.
183, Nutsubidze St.
(II-IV plateau turn)
III m/d, Nutsubidze plateau
14, Gamsakhurdia St.
15, Gamsakhurdia Avenue
34, G a m s a k h u r d i a ave.
9, I. Petritsi St.
28, Saburtalo St.
2, University St.
36, Phaliashvili St.
5, Kavtaradze St.
21, Kavtaradze St.
2, Kazbegi Avenue
15, Kazbegi Avenue.
Kazbegi Avenue (near the school #60)
26, Kazbegi Avenue
(Vake-Saburtalo crossroads)
7, Shartava St.
Block 1, IV m/d, shandor Petofi St.
10, Tchavtchavadze St.
34, Tchavtchavadze St.
74, Tchavtchavadze Avenue
Tchavtchavadze Avenue
(near to Hospital No. 9)
84, Tchavtchavadze Avenue (Legal
expertise)
Tchavtchavadze Avenue
(near to school #55)
Didube-Chugureti
96, Aghmashenebeli Avenue
153, Aghmashenebeli Avenue
10th km, Aghmashenebeli Alley
1, Beliashvili St.
Dighomi, near to Mayakovsky monument
Tevdore Mghvdeli St. (near to the Railway
Station)
27, KingTamarAvenue
7, Robakidze St.
8, Tsabadze St.
2, Tsereteli Avenue
Tsereteli Avenue (nearto subway station
“Tsereteli”)
126, Tsereteli Avenue
143, Tsereteli Avenue
144, Tsereteli Avenue
69, Tsereteli Avenue (corner of Vani St.)
7-7a-7b, Tsereteli Avenue
60, Tsereteli Avenue
5/12, Ketevan Tsamebuli Avenue
39, Chitaia St.
17, Tc hitchinadze St.
Gldani-Nadzaladevi
2, Botchorishvili St.
Gldani, M/D 3.
Gldani, M/D 3, Building 86,
Near to building 22, Gldani M/D 6
Gldani, M/D 7 (Gldani prison # 8)
12a, Guramishvili Avenue
36, Guramishvili Avenue
Guramishvili Avenue (near the subway
station “Grmagele”)
Guramishvili Avenue (near the subway
station “Sarajishvili”)
34, Dadiani St.
34, Dadiani St.
261, Dadiani St.
Building 2, 2nd m/d, Dadiani St.
22, Dumbadze St. (Mukhiani settlement)
1a, Chichinadze St.,
ZAHESI, near the building 41, block 3,
3rd m/d,
Temka near maternity house No. 5, block
1, 11th
m/d, Temka
Kakheti 2nd turn
1, Liban St.
Mukhiani turn near the subway station
“Akhmeteli”
1, Sarajishvili St.
8, Kerchi St.
146, Tseronisi St.
4, Khetagurov St.
6, Khizanishvili St.
Isani-Samgori
1, Abdushelishvili St.
Airport settlement
10, Akhalubani St.
151, Bohdan Khmelnytsky St.
6, Gulia St.
Building C, block 10, 3rd massif, Varketili
Building 310, 3rd m/d, Varketili 3
Tbilisi International Airport
Kakheti highway KM 38.
112, Kakheti highway
37, Moscow Avenue
8, Navtlughi St.
Orkhevi settlement (near to Customs
Department)
Saknavti settlement (Kakheti highway)
Building 8, block 2, Saksopmankana
settlement
103, Kvareli St. (Metromsheni settlement)
22, Javakheti St.
Javakheti St. Second turn
Mtatsminda-Krtsanisi
23, A. Tchavtchavadze St.
37, Vakhtang Gorgasali St.
93, Vakhtang Gorgasali St.
155, Vakhtang Gorgasali St.
48, Zubalashvili St.
1, Leonidze St.
10, Leonidze St.
22, Metekhi St.
9, Pushkini St.
3, Rustaveli Avenue
2a, Sanapiro St.
10, Kikodze St.
5, Chachava St.
37/4, Tsintsadze St.
Ponitchala
Rustavi highway, KM 30
Building 2, 3rd m/d, Ponichala settlement
Old Tbilisi
12, Kaloubani St.
Didgori
Plot 516, block 97, village Shindisi, Didgori
ATM’s in
Regions
Abasha
6, Jorjikia St.
Adigeni
24, Tornike Eristavi St.
Ambrolauri
18, Agmashenebeli St.
Settlement Anaklia
Aspindza
31, Vardzia St.
Akhalkalaki
82, KingTamar Avenue
11, Charenta St.
71, Tavisupleba St.
Akhaltsikhe
1, Tamarashvili St.
98, Rustaveli St.
11, KingTamar St.
2, Shalva Akhaltsikheli St.
1, Kharischirashvili St.
6, Iadze St.
Akhmeta
2, Kazgebi St.
Batumi
63, Gorgiladze St.
2, Sulkhan-Saba St.
46-48, Vazha-Pshavela Avenue
Khimshiashvili St.
11, Tbel Abuseridze St.
80, Javakhishvili St.
11, Pirosmani St.
10-12, Chavchavadze St.
20a, Agmashenebeli Avenue
9, King Parnavaz St.
62-64-66, King parnavaz St.
36, Gorgiladze St.
20, Khimshiashvili St.
102, Melikishvili St.
11/5, KingTamar settlement
75, Chavchavadze St.
16, Tavdadebuli St.
23, Mayakovski St.
Baghdati
12, Tsereteli St.
Bolnisi
Settlement Kazreti
106, Sulkhan-Saba St.
107, Sulkhan-Saba St.
Borjomi
7, Meskhishvili St.
147, Rustaveli St.
6, Tavisupleba St.
Gardabani
71, David Agmashenebeli St.
89, David Agmashenebeli St.
Gori
16, Stalini St.
40, Sukhiahsvili St.
56, Chavchavadze St.
26, Stalini St.
5, Guramishvili St.
43, Ertoba St.
39, Stalini St.
Gudauri
Hotel “Marco Polo”
Gurjaani
10, Noneshvili St.
KingTamar St.
Village Shashiani
Dedoplistskaro
1, Alazani St.
23, Rustaveli St.
Dmanisi
41, St. Nino Street (Municipality)
29, Street St. Nino blind alley
Dusheti
21, Dadiani St.
27, Rustaveli St.
Vani
3, Solomon II St.
Zestaponi
61, Agmashenebeli Avenue
11, Tsereteli St.
Village Shorapani
Zugdidi
45, Gamsakhurdia St.
90, Rustaveli St.
73, Sokhumi St.
7, Paris Commune St.
32, Gamsakhurdia St.
15, Tsotne Dadiani St.
Tetritskaro
12, Kingtamar Avenue
Telavi
43, Alazani Avenue
95, Alazani Avenue
16, Erekle the Second St.
3, Erekle the Second Square
12, Erekle the Second St.
Terjola
2, Chanturidze St.
Tianeti
11, Rustaveli St.
Kaspi
88, Stalini St.
11, Rustaveli St.
18, Kostava St.
Koda, village house
Lagodekhi
23, Kiziki St.
Lanchkhuti
10, Ninoshvili St.
24 Kingtamar St., Settlement Lentekhi
Village house in settlement Manglisi
Village Nigoeti
Marneuli
1, Rustaveli St.
72, Rustaveli St.
73, Rustaveli St.
Martvili
14, Tavisupleba St.
Mestia
52, Kingtamar St.
1, Seti St.
Mtskheta
Building of regional governor ’s office
17, Kostava St.
(near to the Svetitskhoveli Cathedral)
11a, Samkhedro St.
Mtskheta highway
73a, Agmashenebeli St.
65, Mamulashvili St.
Village Tserovani
Ninotsminda
22, Tavisupleba square
Ozurgeti
5, Gabriel the episcope St.
Village Ozurgeti
Tavisupleba Square
Oni
16, Rustaveli St.
Rustavi
21, Kostava St., near to the Municipality
14, Kostrava St.
Megobroba Avenue
3, Megobroba Avenue
11, Megobroba Avenue
21st km, Red Bridge Highway
5, Tashkent St.
Village Sartichala
Sagarejo
2, Agmashenebeli Avenue
Samtredia
11, Stalini St.
Sachkhere
92, Kostava St.
17, Gomarteli St.
Senaki
14, St. Nino St.
20, Ninoshvili St.
Signagi
2, Rustaveli St.
2, Dadiani St.
18, Gelati St.
Poti
12, D. Agmashenebeli St.
146, Chavchavadze St.
57, Agmashenebeli St.
Village Poka
Kareli
3, Ninoshvili St.
1, Mgaloblishvili St.
Settlement Ruisi
Keda
11, Tbel Abuseridze St.
1, M. Kostava St.
Kobuleti
153, Agmashenebeli St.
4, Memed Abashidze St.
141, Agmashenebeli St.
478, Agmashenebeli St.
79, Kingtamar St., Village Chakvi
Pasha
Bank
+995 322 265 000
15, Rustaveli Avenue, Tbilisi, 0108 , Georgia
office@pashabank.ge
www.pashabank.ge
CMYK
18
publicity
HEADLINE NEWS & ANALYSIS
FINANCIAL
2 June, 2014 | finchannel.com
Advertiser: Bank Constanta. Contact FINANCIAL Ad Dep at marketing@finchannel.com
CMYK
FINANCIAL HEADLINE NEWS & ANALYSIS
2 June, 2014 | finchannel.com
20 Telavi Str.
Tel: 277 20 20
Fax: 277 21 20
www.sheraton.com/tbilisi
19
| places we strongly reccommend to visit |
Ice cream, coffee,
blended drinks,
pastry, salads… Open
8am-2am
(May-October)
8am-1am
(November-April)
Addr: 12 Eristavi Str. (at the round garden)
34 Leselidze Str. 7a Pekini Str.
Phone: 299 03 99; 574 74 69 69
info@lucapolare.com
www.lucapolare.com
Tel: 251 00 01
Fax: 253 00 44
info@zarapxana.ge
www.zarapxana.ge
La Brioche
AeroSvit Representative office in Georgia
Address: 25 st.Leselidze Office 205
Tbilisi 0160, Georgia
Tel: 243 96 93
Fax: 243 96 93
tbilisi@aerosvit.com
1 Brother
Kakabadze Str.
15 Lubliana Str.
37 Chavchavadze Ave.
Tel.: 291 30 26; 291 30 76
Tel: 292 29 45;
Fax: 292 29 46;
tk@mcdonalds.ge
4 Freedom Square,
Tel: +995 32 254 70 30
Fax: +995 32 254 70 40
tbilisi@citadines.com
13, Rustaveli Avenue.;
Tel.: 2 779 200
www.TbilisiMarriott.com
tbilisi.marriott@marriotthotels.com
4, Freedom Square,
Tel: 2 779 100
www.CourtyardTbilisi.com
courtyard.tbilisi@marriotthotels.com
dining
Because life is about living
Addr: Batumi,
Georgia, Parnavaz
Mepe №25
Tel.: 260 15 36
info@piazza.ge, www.piazza.ge
Betsy’s Hotel
32-34 Makashvili Street,
0108, Tbilisi, Georgia
Tel.: 293 14 04, Fax: 299 93 11
info@betsyshotel.com
www.betsyshotel.com
5 Chavchavadze Ave.
Tel.: 222 44 17
577 22 99 22
plasticsurgerygeo.com
Hotel
“O. Galogre”
The tickets are available at tbilisi
international airport freedom square 4
courtyard marriott hotel, 1st floor
Tel: 2400 400; 2400 040
36 Al. Kazbegi ave. Tbilisi, 0177, Georgia
Tel/Fax: 229 43 43
info@intercontinental.ge
www.intercontinental.ge
Tel: 888 222 2900
www.sheraton.com/tbilisi
Le Marais
8, Vakhtang Gorgasali Str. Batumi, Georgia
Tel: +995 422 27 48 45
info@hotelgalogre.com
www.hotelgalogre.com
Village Anaklia,
Zugdidi, Georgia
Tel: 2 60 99 90
2 60 99 91
Literary cafe “Monsieur Jordan”
V. Gorgasali st.,17
Tel.: 275-02-07
Radisson Blu Iveria Hotel
Rose Revolution Square 1
Tel.: 240 22 00; Fax: 240 22 01
info.tbilisi@radissonblu.com
radissonblu.com/hotel-tbilisi
32 Abashidze Str. Tel: 222 40 83
26 May Square
Tel: 2300099
E-mail: info@hi-tbilisi.com
www.hi-tbilisi.com
50 Chavchavadze Ave.
Tel: 2 91 52 42
Tel: 31 99 99
hotel@tifilis.ge
addr:
#9 Grishashvili
Str.
www.hotelanaklia.com
13 Shavteli Str.
Tel: 2439494
info@ambasadori.ge
www.ambasadori.ge
Fragola
Erekle II str.
Tel: 555 00 44 46
6 Kavsadze Str.
Tel: 2 25 15 45
2 55 44 55
www.lottravel.ge
3 Tabidze Str.
2 Kazbegi Ave.
Tel: 570 10 33 19
fragola.cafemail@gmail.com
GEORGIA PALACE
HOTEL
275 Agmashenebeli
Ave.,
Kobuleti, Georgia
Tel: 2242400
Fax: 2242403
E-mail: info@gph.ge, www.gph.ge
Georgian Real Estate
Management
The Green Building,
6 Marjanishvili Street,
0102 Tbilisi
Tel: 243 30 77, Fax: 243 30 79
www.firstbrokerage.ge
E-mail: info@firstbrokerage.ge
4 Freedom Square
Tel: 2988 988, Fax: 2988 910
E-mail:gmt@gmt.ge, www.gmt.ge
4 Kargareteli str.
Tel; 2236278
www.kenari.ge
info@kenari.ge
№ 1 Kheivani street 12/13; Tbilisi, Georgia
Phone: (+995 32) 2 24 23 21;
Phone: (+995 32) 2 24 23 22
E-mail: reservation@cronpalace.ge
For advertising
please contact:
577 741 700
marketing@finchannel.com
BusinessTravelCom
Hotel and Airticket Booking:
2 999 662 | SKY.ge
CMYK
20
HEADLINE NEWS & ANALYSIS
publicity
FINANCIAL
2 June, 2014 | finchannel.com
*Search for ‘Liberty Bank Mobile’ without quotes in your iTunes Store
Advertiser: Liberty Bank. Contact FINANCIAL Ad Dep at marketing@finchannel.com
CMYK
FINANCIAL HEADLINE NEWS & ANALYSIS
21
where to go
2 June, 2014 | finchannel.com
June 2, 2013
1
Tel: 2 999 662
SPECIAL OFFER FROM BUSINESSTRAVELCOM TO
WARSAW!!!
(TAXES INCLUDED)
5* HOTELS FROM 30 EUR (BREAKFAST INCLUDED)
Gallery
Tbilisi
Day
Depart
Arrive
Flight#
Aktau
5.7
00:50
02:40
DV 842
Amsterdam
1.6
06:10
07:55
A9 651
Almaty
1.2.5.7
22:45;08:55
04:25+1;14:35
KC E90
Athens
1
06:15
07:15
A3 983
Baku
X 2.4
01:30;12:10
02:30;13:10
J2 224/226
Baku
DAILY
14:50;19:50
16:05;21:05
QR 975/977
Batumi
2.5.7
10:00;14:45
10:40;15:20
CRJ
Doha
DAILY
19:50;14:05
23:59;19:00
QR 975/977
Dubai
2.4.6.7
06:50
10:00
FZ 714
Istanbul
DAILY
06:20
06:40
PC/463
Istanbul
DAILY
05:15;18:15
05:45; 18:45
TK 387/383
Istanbul
DAILY
06:20
06:50
KK 320
Kiev
X3,5
07:50;17:30
08:20;17:55
PS 728
Minsk
DAILY
03:50
06:00
B2 736
Munich
DAILY
05:10
06:20
LH 2557
Riga
1.3.6
07:00
08:35
BT 723
Rome
7
05:25
06:40
Tel-Aviv
2.3.4.7
17:25
18:10
Vienna
4.7
08:55
09:25
A9 681
Urumqi
2.6
22:40
07:30+1
CZ 6040
Warsaw
2.3.5.7
05:40
06:15
LO 724
AZ 551
A9 695
Days=( 1-Monday., 2-Tuesday., 3-Wedsday., 4-Thursday.,
5-Friday., 6-Saturday., 7-Sunday. D-Daily; X-except off)
SPECIAL OFFER FROM BUSINESSTRAVELCOM TO SPAIN FROM 220 EUR
TO GERMANY FROM 225 EUR
TO ITALY FROM 230 EUR
TO FRANCE FROM 236 EUR
TO UK FROM 269 EUR
ALL TAXES INCLUDES
CALL: 2999 662; 592 07 53 53
Cinema
4
CALL: 2 999 662; 592 07 53 53
TO
2
Exhibition-sale of Zviad Kipiani
Baia Gallery
10 Shardeni Str. Tel: 275-45-10
Gallery’s working hours: 12:00-19:00
till - June 3
Arno Fischer Fotografie
Tbilisi Museum of History (Karvasla)
8 Sioni Str. Tel: 292-32-27
(Museum is working every day except Monday.
From 11:00 till 17:00)
till - June 30
Georgian National Museum and Goethe
Institute in Georgia invite you to the
Dmitry Shevardnadze National Gallery
at the opening of the exhibition «RE:
Museum». The exposition is carried out in
the framework of the Georgian National
Museum’s special week dedicated to the
International Museum’s Day.
D. Shevardnadze National Gallery
11, Rustaveli Ave. Tel: 299-80-22
Gallery’s working hours: Saturday-Sunday
10:00-18:00
till - July 15
The personal exhibition of the national
artist of Georgia Radish Tordia. The
exhibition will be opened within the
Georgian National Museum’s special
week dedicated to the International
Museums Day.
Sh. Amiranashvili Art Museum
1, Gudiashvili Str. Tel: 299-71-76
Museum is working every day except Monday.
From 11:00 till 17:00
till - June 19
The gallery will host Elene Akhvlediani
personal exhibition «The Returned» - up
to 20 canvas paintings preserved in
private collection.
Modern painters’ works and Georgian
souvenirs are exhibited on the first floor in
affordable prices.
Exposition is permanent and you can visit
every day except Monday and national
holidays.
Gallery Giraffe
Address: first and third floor of Lado Gudiashvili
exhibition hall. 11 L. Gudiashvili Str.
till - June 30
June 3, 2013
1
Clubs, Pubs…
Pub Nali
4/1 Kiacheli St. Tel: 243 04 20
21:00-00:30 - Nali Band
SkyyBar
22 Metekhi Str. Mob: 592 32-32-32
21:00 - Band «Wheels», DJ Datuna
City Time
Leonidze/Machabeli Str. 1/6; Tel: 292 02 12
20:00-24:00 - Live Band
Restaurant «Bermukha»
Agmashenebeli lane 13th km. Tel: 259 69 69;
Mob: 598 59 69 69
Everyday from 17:00 restaurant Bermukha
is awaiting you with renovated hall and
colorful show program. Music program
starts from 19:00: Dato Archvadze’s
quartet «Taoba»: Georgian folk and city
songs. Estrada singers: Giorgi Tsiklauri,
Nina Okroashvili, Giorgi Kakutia
Restaurant «Dzveli Sakhli»
3, Sanapiro Str. Tel: 2 365-365
20:00-23:00 - Georgian songs with live
performance
Café «Kala»
8/10 Erekle II Str. Mob: 599 79-97-37
21:00 - Maia Kankava
Pub «Dublin»
8 Akhvlediani Str, Tel: 298-44-67
21:00-24:00 - Band «Goblins» (Covers)
2
Cinema
«Rustaveli» Cinema
5 Rustaveli Ave. Tel: 293-22-53, 2 555-000
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«Heroes of Shindisi»;
«The Nut Job» 3D;
«The Other Woman»;
«The Amazing Spider-Man 2» 3D
«Full Speed Westward»;
«Rio 2» 3D
(Ticket Price: 7,50 - 12,50 GEL)
«Amirani» Cinema
36 Kostava Str. Tel: 299-99-55
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«The Nut Job 3D»;
«The Other Woman»
(Ticket Price: 7,50 - 12,50 GEL)
5
4
Gallery
«Rustaveli» Cinema
5 Rustaveli Ave. Tel: 293-22-53, 2 555-000
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«Heroes of Shindisi»;
«The Nut Job» 3D;
«The Other Woman»;
«The Amazing Spider-Man 2» 3D
«Full Speed Westward»;
«Rio 2» 3D
(Ticket Price: 7,50 - 12,50 GEL)
«Amirani» Cinema
36 Kostava Str. Tel: 299-99-55
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«The Nut Job 3D»;
«The Other Woman»
(Ticket Price: 7,50 - 12,50 GEL)
TICKETS FROM 69 EUR
From
Clubs, Pubs…
Pub Nali
4/1 Kiacheli St. Tel: 243 04 20
21:00-00:30 - Band Zarebi
SkyyBar
22 Metekhi Str. Mob: 592 32-32-32
21:00 - Band “Wheels”, DJ Datuna
City Time
Leonidze/Machabeli Str. 1/6; Tel: 292 02 12
20:00-24:00 - Live Band
Restaurant “Dzveli Sakhli”
3, Sanapiro Str. Tel: 2 365-365
20:00-23:00 - Georgian songs with live
performance
Restaurant “Bermukha”
Agmashenebeli lane 13th km. Tel: 259 69 69;
Mob: 598 59 69 69
Everyday from 17:00 restaurant Bermukha
is awaiting you with renovated hall and
colorful show program. Music program
starts from 19:00: Dato Archvadze’s
quartet “Taoba”: Georgian folk and city
songs. Estrada singers: Giorgi Tsiklauri,
Nina Okroashvili, Giorgi Kakutia
Café “Kala”
8/10 Erekle II Str. Mob: 599 79-97-37
21:00 - Rezo Kiknadze - saxophonist
Pub «Dublin»
8 Akhvlediani Str, Tel: 298-44-67
21:00-24:00 - Band «Goblins» (Covers)
Date: June 3 Time: 20:00 Price: 14 GEL
Liberty Theatre
2 Rustaveli Ave. Tel: 298-58-21
Jeans Generation
Director: Davit Doiashvili
Cast: Marina Janashia, Nana Darchiashvili,
Goga Chkheidze, Dima Merabishvili, Merab
Kolbaia, Lela Metreveli, Jaba Kiladze, Mariam
Nadiradze, Apolon Kublashvili, Sandro
Margalitashvili
Duration: 165 minutes
Date: June 3 Time: 19:00 Price: 6, 12,
14 GEL
Tumanishvili Film Actors Theatre
164 Agmashenebeli Ave. Tel: 234-28-99
Dance with me Tango
Director: Mamuka Tkemaladze
Cast: Nineli Tchankvetadze, Zaza Mikashavidze,
Gia Abesalashvili, Keti Asatiani, Beka Jumutia
Duration: 90 minutes
Date: June 3 Time: 20:00 Price: 10 GEL
Tbilisi Nodar Dumbadze State Central
Children’s Theatre
99/1, D. Agmashenebeli Ave. Tel: 295-78-74,
295-39-27
The Three Musketeers
Director: Giorgi Qantaria
Cast: David Khakhidze, Nino Archaia, Khatia
Melkadze, Nino Shushiashvili, Tamara
Chanukvadze, Kakha Gabelaia, Vano Dugladze,
Levan Katsiashvili
Duration: 150 minutes
Date: June 3 Hall: Big
Stage Time: 12:00 Price: 7, 10 GEL
Concert
Tbilisi Concert Hall
1, Meliqishvilii Str. Tel: 299-05-99
20:00 - Concert of Ensemble «Erisioni»
(Ticket Price: 10, 15, 20, 35, 50 GEL)
3
Theatre
Marjanishvili Theatre
8 Marjanishvili Str. Tel: 2 955-966
University of Laugh
Director: Levan Tsuladze
Cast: Nato Murvanidze, Nika Kuchava
Duration: 105 minutes
Date: June 3 Hall: Big
Stage Time: 20:00 Price: 11 GEL
Marjanishvili Theatre (New Stage)
5 Marjanishvili Str. Tel: 2 955-966
Drunk Cherry
Autor and Director: Levan Tsuladze, Alexander
Eloshvili
Cast: Eka Chkheidze, Malkhaz Abuladze,
Manana Kozakova, Barbare Dvalishvili, Dato
Khurtsilava, Keti Tskhakaia, Onise Oniani
Exhibition-sale of Zviad Kipiani
Baia Gallery
10 Shardeni Str. Tel: 275-45-10
Gallery’s working hours: 12:00-19:00
till - June 3
Arno Fischer Fotografie
Tbilisi Museum of History (Karvasla)
8 Sioni Str. Tel: 292-32-27
(Museum is working every day except Monday.
From 11:00 till 17:00)
till - June 30
Georgian National Museum and Goethe
Institute in Georgia invite you to the
Dmitry Shevardnadze National Gallery
at the opening of the exhibition «RE:
Museum». The exposition is carried out in
the framework of the Georgian National
Museum’s special week dedicated to the
International Museum’s Day.
D. Shevardnadze National Gallery
11, Rustaveli Ave. Tel: 299-80-22
Gallery’s working hours: Saturday-Sunday
10:00-18:00
till - July 15
The personal exhibition of the national
artist of Georgia Radish Tordia. The
exhibition will be opened within the
Georgian National Museum’s special
week dedicated to the International
Museums Day.
Sh. Amiranashvili Art Museum
1, Gudiashvili Str. Tel: 299-71-76
Museum is working every day except Monday.
From 11:00 till 17:00
till - June 19
The gallery will host Elene Akhvlediani personal
exhibition «The Returned» - up to 20 canvas
paintings preserved in private collection.
Modern painters’ works and Georgian souvenirs
are exhibited on the first floor in affordable
prices.
Exposition is permanent and you can visit every
day except Monday and national holidays.
Gallery Giraffe
June 4, 2013
1
Clubs, Pubs…
Pub Nali
4/1 Kiacheli St. Tel: 243 04 20
21:00-00:30 - Band Zarebi
SkyyBar
22 Metekhi Str. Mob: 592 32-32-32
21:00 - Band «Wheels», DJ Datuna
City Time
Leonidze/Machabeli Str. 1/6; Tel: 292 02 12
20:00-24:00 - Live Band
MacLaren’s Irish Pub
5 Rkinis Rigi (Chardin)
Mob: 599 57 85 49
21:30 - Enjoy a unique ambiance of
60s-70s hits and improvisations by David
Gabidzashvili and David Barnabishvili.
Great mood is guaranteed! Spend evening
at the warmest pub in the city!
Restaurant «Dzveli Sakhli»
3, Sanapiro Str. Tel: 2 365-365
20:00-23:00 - Georgian Dances
Restaurant «Bermukha»
Agmashenebeli lane 13th km. Tel: 259 69 69;
Mob: 598 59 69 69
Everyday from 17:00 restaurant Bermukha
is awaiting you with renovated hall and
colorful show program. Music program
starts from 19:00: Dato Archvadze’s
quartet «Taoba»: Georgian folk and city
songs. Estrada singers: Giorgi Tsiklauri,
Nina Okroashvili, Giorgi Kakutia
Café «Kala»
8/10 Erekle II Str. Mob: 599 79-97-37
21:00 - Live Band
Pub «Dublin»
8 Akhvlediani Str, Tel: 298-44-67
21:00-24:00 - Band «The Jumping
General»
2
Cinema
«Rustaveli» Cinema
5 Rustaveli Ave. Tel: 293-22-53, 2 555-000
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«Heroes of Shindisi»;
«The Nut Job» 3D;
«The Other Woman»;
«The Amazing Spider-Man 2» 3D
«Full Speed Westward»;
«Rio 2» 3D
(Ticket Price: 7,50 - 12,50 GEL)
«Amirani» Cinema
36 Kostava Str. Tel: 299-99-55
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«The Nut Job 3D»;
«The Other Woman»
(Ticket Price: 7,50 - 12,50 GEL)
3
Theatre
Marjanishvili Theatre
8 Marjanishvili Str. Tel: 2 955-966
Women
Director: Tsitsino Kobiashvili
Cast: Nino Zautashvili, Nino Dumbadze, Keti
Chkheidze, Keti Gegeshidze, Irma Berianidze,
Eka Mjavanadze, Zaza Goguadze, Temo Kiladze
Duration: 130 minutes
Date: June 4 Hall: Big
Stage Time: 20:00 Price: 4 - 10.50 GEL
Marjanishvili Theatre (New Stage)
5 Marjanishvili Str. Tel: 2 955-966
Meet You in Paradise
Director: Sandro Eloshvili
Cast: Zurab Berikashvili, Nino Gachechiladze,
Guram Jashi, David Khurtsilava, Nodar
Doghonadze
Duration: 90 minutes
Date: June 4 Time: 20:00 Price: 14 GEL
Liberty Theatre
2 Rustaveli Ave. Tel: 298-58-21
So what if wet lilac is wet
Director: Gogi Todadze
Cast: Giorgi Bakhutashvili, Otar Lortkipanidze,
Nikoloz Paikridze, Medea Jibladze, Tamar
Tavkhelidze, Tamar Aznarashvili, Mariam
Karkashadze, David Kolelishvili
Date: June 4 Time: 19:00 Price: 6, 9, 11 GEL
Tbilisi Nodar Dumbadze State Central
Children’s Theatre
99/1, D. Agmashenebeli Ave. Tel: 295-78-74,
295-39-27
Amiko
Director: Otar Bagaturia
Cast: Nino Lezhava, Kote Tolordava, Lasha
Grdzelidze, Zurab Avsajanishvili, Lika
Shukakidze, Nugzar Kurashvili, Vakhtang
Akhaladze, Irakli Gogoladze, Natia Kupatadze
Duration: 105 minutes
Date: June 4 Hall: Small
Stage Time: 15:00 Price: 7, 10 GEL
4
Gallery
Arno Fischer Fotografie
Tbilisi Museum of History (Karvasla)
8 Sioni Str. Tel: 292-32-27
(Museum is working every day except Monday.
From 11:00 till 17:00)
till - June 30
Georgian National Museum and Goethe
Institute in Georgia invite you to the
Dmitry Shevardnadze National Gallery
at the opening of the exhibition «RE:
Museum». The exposition is carried out in
the framework of the Georgian National
Museum’s special week dedicated to the
International Museum’s Day.
D. Shevardnadze National Gallery
11, Rustaveli Ave. Tel: 299-80-22
Gallery’s working hours: Saturday-Sunday
10:00-18:00
till - July 15
The personal exhibition of the national
artist of Georgia Radish Tordia. The
exhibition will be opened within the
Georgian National Museum’s special
week dedicated to the International
Museums Day.
Sh. Amiranashvili Art Museum
1, Gudiashvili Str. Tel: 299-71-76
Museum is working every day except Monday.
From 11:00 till 17:00
till - June 19
The gallery will host Elene Akhvlediani
personal exhibition «The Returned» - up
to 20 canvas paintings preserved in
private collection.
Modern painters’ works and Georgian
souvenirs are exhibited on the first floor in
affordable prices.
Exposition is permanent and you can visit
every day except Monday and national
holidays.
Gallery Giraffe
Address: first and third floor of Lado Gudiashvili
exhibition hall. 11 L. Gudiashvili Str.
till - June 30
June 5, 2013
1
Clubs, Pubs…
Pub Nali
4/1 Kiacheli St. Tel: 243 04 20
21:00-00:30 - Nali Band
SkyyBar
22 Metekhi Str. Mob: 592 32-32-32
21:00 - Band «Band’a’roll», DJ Datuna
City Time
Leonidze/Machabeli Str. 1/6; Tel: 292 02 12
20:00-24:00 - Live Band
MacLaren’s Irish Pub
5 Rkinis Rigi (Chardin)
Mob: 599 57 85 49
21:30 - Enjoy a unique ambiance of
60s-70s hits and improvisations by David
Gabidzashvili and David Barnabishvili.
Great mood is guaranteed!
Spend evening at the warmest pub in
the city!
Restaurant «Bermukha»
Agmashenebeli lane 13th km. Tel: 259 69 69;
Mob: 598 59 69 69
Everyday from 17:00 restaurant Bermukha
is awaiting you with renovated hall and
colorful show program. Music program
starts from 19:00: Dato Archvadze’s
quartet «Taoba»: Georgian folk and city
songs. Estrada singers: Giorgi Tsiklauri,
Nina Okroashvili, Giorgi Kakutia
Restaurant «Dzveli Sakhli»
3, Sanapiro Str. Tel: 2 365-365
20:00-23:00 - Georgian songs with live
performance
Café «Kala»
8/10 Erekle II Str. Mob: 599 79-97-37
21:00 - Guliko Chanturia
Pub «Dublin»
8 Akhvlediani Str, Tel: 298-44-67
21:00-24:00 - Band «Good Company»
2
Cinema
«Rustaveli» Cinema
5 Rustaveli Ave. Tel: 293-22-53, 2 555-000
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«Heroes of Shindisi»;
«The Nut Job» 3D;
«The Other Woman»;
«The Amazing Spider-Man 2» 3D
«Full Speed Westward»;
«Rio 2» 3D
(Ticket Price: 7,50 - 12,50 GEL)
«Amirani» Cinema
36 Kostava Str. Tel: 299-99-55
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«The Nut Job 3D»;
«The Other Woman»
(Ticket Price: 7,50 - 12,50 GEL)
3
Theatre
Rustaveli Theatre
17, Rustaveli Ave. Tel: 272-68-68
America in Bathhouse
Antanas Vilkutaitis-Keturakis
Directed by Linda Urbona
Cast: Andria Tavberidze, Zura Inkorokva, Kakha
Kupatadze, Mamuka Loria, Irakli Sanaia, Keti
Svanidze, Beka Songhulashvili
Date: June 5 Hall: Experimental
Stage Time: 19:00 Price: 8, 10 GEL
Marjanishvili Theatre
8 Marjanishvili Str. Tel: 2 955-966
The Gronholm Method
Director: Temur Chkheidze
Cast: Eka Chkheidze, Nika Tavadze,
Apolon Kublashvili, Aleko Makharoblishvili
Duration: 150 minutes
Date: June 5 Hall: Big
Stage Time: 20:00 Price: 6 - 16 GEL
Marjanishvili Theatre
8 Marjanishvili Str. Tel: 2 955-966
My Redbreast - Premiere
Director: Khatuna Milorava
Cast: Zaza Goguadze, Zaza Iakashvili, Nata
Berejiani,
Ana Sanaia, Koko Roinishvili, Mari Sujashvili
Date: June 5 Hall: Theatre in
Attic Time: 20:00 Price: 11 GEL
Marjanishvili Theatre (New Stage)
5 Marjanishvili Str. Tel: 2 955-966
Kramer vs. Kramer
Director: Davit Chkhartishvili
Cast: Nika Kuchava, Natia Nikolaishvili,
Sandro Sharashidze, Teona Kokrashvili, Valeri
Begalishvili, Gvantsa Korshia, Jano Izoria
Date: June 5 Time: 20:00 Price: 14 GEL
Liberty Theatre
2 Rustaveli Ave. Tel: 298-58-21
Rain Saller
Director: Nugzar Lortkipanidze
Cast: Keta Lortkipanidze, Sandro
Margalitashvili, Jaba Kiladze, Giorgi Jikia,
Mamuka Mumladze, Lasha Gurgenidze, Shako
Mirianashvili
Date: June 5 Time: 19:00 Price: 6, 13,
15 GEL
Iliauni Theatre
32, I. Chavchavadze Ave. Tel: 229-47-15
Eurydice
Director: Otar Egadze, Milene Egiazarova
Cast: Andrea Vachridze, Merab Chkheidze,
Levan Mamniashvili, David Gigolashvili, Tatia
Gabedava, Annie Talakvadze, Salome Mikadze
Duration: 155 minutes
Date: June 5 Time: 20:00 Price: 7 GEL
4
Gallery
Arno Fischer Fotografie
Tbilisi Museum of History (Karvasla)
8 Sioni Str. Tel: 292-32-27
(Museum is working every day except Monday.
From 11:00 till 17:00)
till - June 30
Georgian National Museum and Goethe
Institute in Georgia invite you to the
Dmitry Shevardnadze National Gallery
at the opening of the exhibition «RE:
Museum». The exposition is carried out in
the framework of the Georgian National
Museum’s special week dedicated to the
International Museum’s Day.
D. Shevardnadze National Gallery
11, Rustaveli Ave. Tel: 299-80-22
Gallery’s working hours: Saturday-Sunday
10:00-18:00
till - July 15
The personal exhibition of the national
artist of Georgia Radish Tordia. The
exhibition will be opened within the
Georgian National Museum’s special
week dedicated to the International
Museums Day.
Sh. Amiranashvili Art Museum
1, Gudiashvili Str. Tel: 299-71-76
Museum is working every day except Monday.
From 11:00 till 17:00
till - June 19
The gallery will host Elene Akhvlediani
personal exhibition «The Returned» - up
to 20 canvas paintings preserved in
private collection.
Modern painters’ works and Georgian
souvenirs are exhibited on the first floor in
affordable prices.
Exposition is permanent and you can visit
every day except Monday and national
holidays.
Gallery Giraffe
Address: first and third floor of Lado Gudiashvili
exhibition hall. 11 L. Gudiashvili Str.
till - June 30
4/1 Kiacheli St. Tel: 243 04 20
21:00-00:30 - Nali Band
SkyyBar
22 Metekhi Str. Mob: 592 32-32-32
21:00 - Agora Live Band, DJ Datuna
City Time
Leonidze/Machabeli Str. 1/6; Tel: 292 02 12
20:00-24:00 - Live Band & Maka
Durglishvili; DJ Paata
MacLaren’s Irish Pub
5 Rkinis Rigi (Chardin)
Mob: 599 57 85 49
21:30 - Enjoy a unique ambiance of
60s-70s hits and improvisations by David
Gabidzashvili and David Barnabishvili.
Great mood is guaranteed! Spend evening
at the warmest pub in the city!
Restaurant «Bermukha»
Agmashenebeli lane 13th km. Tel: 259 69 69;
Mob: 598 59 69 69
Every day from 17:00 restaurant
Bermukha is awaiting you with renovated
hall and colorful show program. Music
program starts from 19:00:
Dato Archvadze’s quartet «Taoba»:
Georgian folk and city songs.
Estrada singers: Giorgi Tsiklauri, Nina
Okroashvili, Giorgi Kakutia
Restaurant «Dzveli Sakhli»
3, Sanapiro Str. Tel: 2 365-365
20:00-23:00 - Georgian Dances
Café «Kala»
8/10 Erekle II Str. Mob: 599 79-97-37
21:00 - Maia Baratashvili
Pub «Dublin»
8 Akhvlediani Str, Tel: 298-44-67
21:00-24:00 - Band «Rustavi 2» (Covers)
2
Cinema
«Rustaveli» Cinema
5 Rustaveli Ave. Tel: 293-22-53, 2 555-000
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«Heroes of Shindisi»;
«The Nut Job» 3D;
«The Other Woman»;
«The Amazing Spider-Man 2» 3D
«Full Speed Westward»;
«Rio 2» 3D
(Ticket Price: 7,50 - 12,50 GEL)
«Amirani» Cinema
36 Kostava Str. Tel: 299-99-55
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«The Nut Job 3D»;
«The Other Woman»
(Ticket Price: 7,50 - 12,50 GEL)
5
Concert
Lisi Lake
In 1 km from Lisi Lake, near New Hippodrome
You can buy tickets from Monday, May 26, near
Sport’s Palace, Open Air Bus ticket store, every
day from 13:00 to 19:00. During other time
you can see Open Air Bus at any place where
you can also buy tickets.
TBILISI OPEN AIR 2014 / Annual
International Musical Festival
Doors Open: 15:00
Line-up:
Nikakoi
Nino Katamadze & Insight
Gravity
Lasha Kicks
The Black Marrows
(Ticket price: Day 15 GEL; 3 Day pass 30 GEL)
3
Theatre
Rustaveli Theatre
17, Rustaveli Ave. Tel: 272-68-68
Prince Homburg
Director: Gosha Gorgoshidze
Cast: Irakli Macharashvili, Marina Janashia,
Ia Sukhitashvili, Zura Ingorokva, Sandro
Mikuchadze-Ghaghanidze, David Uplishashvili,
Bacho Chachibaia, Bachi Lezhava, Beka
Songhulashvili, Manana Abramishvili
Duration: 130 minutes
Date: June 6 Hall: Grand
Stage Time: 19:00 Price: 6 - 12 GEL
Marjanishvili Theatre
8 Marjanishvili Str. Tel: 2 955-966
Love-letters
Director: Temur Chkheidze
Cast: Nani Chikvinidze, Gia Burjanadze
Duration: 120 minutes
Date: June 6 Hall: Theatre in
Attic Time: 20:00 Price: 11 GEL
Marjanishvili Theatre
8 Marjanishvili Str. Tel: 2 955-966
Teibele and her Demon
Director: Goga Tavadze
Cast: Ana Vasadze, Malkhaz Abuladze, Natia
Gubenko, Paata Papuashvili, Marlen Egutia,
Giga Gogichadze
Date: June 6 Hall: Big
Stage Time: 20:00 Price: 6 - 16 GEL
Marjanishvili Theatre (New Stage)
5 Marjanishvili Str. Tel: 2 955-966
Woman with Dog
Director: Levan Tsuladze
Cast: Nika Tavadze, Nanka Kalatozishvili,
Nata Kakhidze, Beso Baratashvili
Duration: 120 minutes
Date: June 6 Time: 20:00 Price: 14 GEL
Liberty Theatre
2 Rustaveli Ave. Tel: 298-58-21
Flaming Lover
Director: Tiko Katamashvili
Cast: Salome Chulikhadze,
Maraiam Nadiradze, Tiko Kordzadze
Date: June 6 Time: 19:00 Price: 6, 9, 11 GEL
Iliauni Theatre
32, I. Chavchavadze Ave. Tel: 229-47-15
Opera Mafioso
Director: Gabriel Goshadze
Cast: Davit Gigolashvili, Mamuka Loria, Tamar
Makashvili, Vasil Odishvili, Maka Dzagania,
David Velijanashvili, Maka Shalikashvili
Duration: 100 minutes
Date: June 6 Time: 20:00 Price: 7 GEL
Griboedov Theatre
2 Rustaveli Ave. Tel: 293-11-06
Tale of King Saltan
Director: Avtandil Varsimashvili
Cast: Mari Kitia, Mikhail Arjevanidze, Apolon
Kublashvili, Karina Kenia, Sopo Lomjaria,
Ludmila Artyomova-Mghebrishvili
Duration: 70 minutes
Date: June 6 Time: 12:00 Price: 5 GEL
Gabriadze Theatre
13,Shavteli Str.
Autumn of my Springtime
Marionette Theatre
Author and Director: Rezo Gabriadze
+10 years
Date: June 6 Time: 20:00 Price: 10, 15,
20 GEL
4
Gallery
Arno Fischer Fotografie
Tbilisi Museum of History (Karvasla)
8 Sioni Str. Tel: 292-32-27
(Museum is working every day except Monday.
From 11:00 till 17:00)
till - June 30
Georgian National Museum and Goethe
Institute in Georgia invite you to the
Dmitry Shevardnadze National Gallery
at the opening of the exhibition «RE:
Museum». The exposition is carried out in
the framework of the Georgian National
Museum’s special week dedicated to the
International Museum’s Day.
D. Shevardnadze National Gallery
11, Rustaveli Ave. Tel: 299-80-22
Gallery’s working hours: Saturday-Sunday
10:00-18:00
till - July 15
The personal exhibition of the national
artist of Georgia Radish Tordia. The
exhibition will be opened within the
Georgian National Museum’s special
week dedicated to the International
Museums Day.
Sh. Amiranashvili Art Museum
1, Gudiashvili Str. Tel: 299-71-76
Museum is working every day except Monday.
From 11:00 till 17:00
till - June 19
The gallery will host Elene Akhvlediani
personal exhibition «The Returned» - up
to 20 canvas paintings preserved in
private collection.
Modern painters’ works and Georgian
souvenirs are exhibited on the first floor in
affordable prices.
Exposition is permanent and you can visit
every day except Monday and national
holidays.
Gallery Giraffe
Address: first and third floor of Lado Gudiashvili
exhibition hall. 11 L. Gudiashvili Str.
till - June 30
June 7, 2013
June 6, 2013
1
Clubs, Pubs…
Pub Nali
1
Clubs, Pubs…
Pub Nali
4/1 Kiacheli St. Tel: 243 04 20
21:00-00:30 - Nali Zarebi
SkyyBar
22 Metekhi Str. Mob: 592 32-32-32
21:00 - Veriko Turashvili & Live Band,
DJ Datuna
City Time
Leonidze/Machabeli Str. 1/6; Tel: 292 02 12
20:00-24:00 - Live Band & Nata
Kurdovanidze; DJ Vako
MacLaren’s Irish Pub
5 Rkinis Rigi (Chardin)
Mob: 599 57 85 49
21:30 - Enjoy a unique ambiance of
60s-70s hits and improvisations by David
Gabidzashvili and David Barnabishvili.
Great mood is guaranteed! Spend evening
at the warmest pub in the city!
Restaurant «Bermukha»
Agmashenebeli lane 13th km. Tel: 259 69 69;
Mob: 598 59 69 69
Every day from 17:00 restaurant
Bermukha is awaiting you with renovated
hall and colorful show program. Music
program starts from 19:00:
Dato Archvadze’s quartet «Taoba»:
Georgian folk and city songs.
Estrada singers: Giorgi Tsiklauri, Nina
Okroashvili, Giorgi Kakutia
Restaurant «Dzveli Sakhli»
3, Sanapiro Str. Tel: 2 365-365
20:00-23:00 - Georgian Dances
Café «Kala»
8/10 Erekle II Str. Mob: 599 79-97-37
21:00 - Keti Paresashvili
Pub «Dublin»
8 Akhvlediani Str, Tel: 298-44-67
21:00-24:00 - Band «Rustavi 2» (Covers)
2
Cinema
«Rustaveli» Cinema
5 Rustaveli Ave. Tel: 293-22-53, 2 555-000
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«Heroes of Shindisi»;
«The Nut Job» 3D;
«The Other Woman»;
«The Amazing Spider-Man 2» 3D
«Full Speed Westward»;
«Rio 2» 3D
(Ticket Price: 7,50 - 12,50 GEL)
«Amirani» Cinema
36 Kostava Str. Tel: 299-99-55
«Taxi»;
«X-Men: Days of Future Past» 3D;
«Godzilla» 3D;
«The Nut Job 3D»;
«The Other Woman»
(Ticket Price: 7,50 - 12,50 GEL)
5
Concert
Lisi Lake
In 1 km from Lisi Lake, near New Hippodrome
You can buy tickets from Monday, May 26, near
Sport’s Palace, Open Air Bus ticket store, every
day from 13:00 to 19:00. During other time
you can see Open Air Bus at any place where
you can also buy tickets.
TBILISI OPEN AIR 2014 / Annual
International Musical Festival
Doors Open: 13:00
Line-up:
Lapalux (UK)
Chinawoman (CAN)
Alina Orlova (LTU)
Loudspeakers
Scratch the Floor
The Jetbird
The Pulse
(Ticket price: Day 15 GEL; 3 Day pass 30 GEL)
3
Theatre
Rustaveli Theatre
17, Rustaveli Ave. Tel: 272-68-68
Host and Guest
Director: Valerian Gorgoshadze
Cast: Bacho Chachibaia, Manana Abramishvili,
Ia Sukhitashvili, Levan Khurtsia, Gela Lezhava
Duration: 135 minutes
Date: June 7 Hall: Small Stage Time: 19:00
Price: 8, 10 GEL
Marjanishvili Theatre
8 Marjanishvili Str. Tel: 2 955-966
The Wall
Finger Theatre
Director: Beso Kupreishvili
Cast: Mariam Kvachadze, Zaal Kakabadze,
Teona Maghalashvili, Giorgi Mebaghishvili, Elene
Pirtskhalava, Grigol Gogoladze
Duration: 50 minutes
Date: June 7 Hall: Theatre in
Attic Time: 20:00 Price: 6 GEL
Marjanishvili Theatre
8 Marjanishvili Str. Tel: 2 955-966
University of Laugh
Director: Levan Tsuladze
Cast: Nato Murvanidze, Nika Kuchava
Duration: 105 minutes
Date: June 7 Hall: Big
Stage Time: 20:00 Price: 11 GEL
Marjanishvili Theatre (New Stage)
5 Marjanishvili Str. Tel: 2 955-966
Drunk Cherry
Autor and Director: Levan Tsuladze, Alexander
Eloshvili
Cast: Eka Chkheidze, Malkhaz Abuladze,
Manana Kozakova, Barbare Dvalishvili, Dato
Khurtsilava, Keti Tskhakaia, Onise Oniani
Duration: 150 minutes
Date: June 7 Time: 20:00 Price: 14 GEL
Liberty Theatre
2 Rustaveli Ave. Tel: 298-58-21
Richard III
Director: Avto Varsimashvili
Cast: Sandro Margalitashvili, Jaba Kiladze,
Giorgi Jikia, Tamuna Nikoladze, Mariam
Jologua, Tiko Kordzadze, Apolon Kublashvili,
Goga Barbakadze
Date: June 7 Time: 19:00 Price: 6, 13,
15 GEL
Tumanishvili Film Actors Theatre
164 Agmashenebeli Ave. Tel: 234-28-99
Free Couple
Director: Keti Dolidze
Cast: Nineli Chankvetadze,
Paata Baratashvili, Vano Dugladze
Duration: 100 minutes
Date: June 7 Time: 20:00 Price: 10 GEL
Iliauni Theatre
32, I. Chavchavadze Ave. Tel: 229-47-15
The Dinner of Fools
Director: Otar Egadze
Cast: Zuka Papuashvili, Datuna Gotsiridze,
Sophie Gvritishvili, Levan Mamniashvili,
David Gigolashvili, David Velijanashvili, Temo
Kvaratskhelia, Maka Dzagania
Duration: Comedy in 2 Acts
Date: June 7 Time: 20:00 Price: 10 GEL
Gabriadze Theatre
13,Shavteli Str.
Tel: 8 790 98-65-91 (MagtiFix), 298-65-90
The Battle of Stalingrad
Marionette Theatre
Author and Director: Rezo Gabriadze
In Russian
+10 years
Date: June 7 Time: 20:00 Price: 10, 15,
20 GEL
4
Gallery
Arno Fischer Fotografie
Tbilisi Museum of History (Karvasla)
8 Sioni Str. Tel: 292-32-27
(Museum is working every day except Monday.
From 11:00 till 17:00)
till - June 30
Georgian National Museum and Goethe
Institute in Georgia invite you to the
Dmitry Shevardnadze National Gallery
at the opening of the exhibition «RE:
Museum». The exposition is carried out in
the framework of the Georgian National
Museum’s special week dedicated to the
International Museum’s Day.
D. Shevardnadze National Gallery
11, Rustaveli Ave. Tel: 299-80-22
Gallery’s working hours: Saturday-Sunday
10:00-18:00
till - July 15
The personal exhibition of the national
artist of Georgia Radish Tordia. The
exhibition will be opened within the
Georgian National Museum’s special
week dedicated to the International
Museums Day.
Sh. Amiranashvili Art Museum
1, Gudiashvili Str. Tel: 299-71-76
Museum is working every day except Monday.
From 11:00 till 17:00
till - June 19
The gallery will host Elene Akhvlediani
personal exhibition «The Returned» - up
to 20 canvas paintings preserved in
private collection.
Modern painters’ works and Georgian
souvenirs are exhibited on the first floor in
affordable prices.
Exposition is permanent and you can visit
every day except Monday and national
holidays.
Gallery Giraffe
Address: first and third floor of Lado Gudiashvili
exhibition hall. 11 L. Gudiashvili Str.
till - June 30
For more information, please, visit the
following website: www.info-tbilisi.com
E-mail: afisha@info-tbilisi.com
CMYK
22
HEADLINE NEWS & ANALYSIS
publicity
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2 June, 2014 | finchannel.com
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CMYK
FINANCIAL HEADLINE NEWS & ANALYSIS
2 June, 2014 | finchannel.com
23
SANCHO
LITERATURULI CAFÉ
Queue
2, Tarkhnishvili Str.
Tel: 244 45 46
31, Pekini Str.
Tel: 231 30 57
22, Abashidze Str.
Tel: 222 02 76
36, Kostava Str.
Tel: 299 07 46
4, Besiki Str.
Tel: 2 519 966
23, Akhvlediani Str. Tel: 298 25 98
Hangar Bar
dining
| places we strongly reccommend to visit |
TSISKVILI
PREGO
10, Paliashvili Str.
Tel: 225 22 58
#1 Freedom squ.
Tel: 2 240 241
Red Café Bistro & Cafe
15, Erekle II.
Tel: 293 14 11
# 71 Vazhaphavela Ave.
Tel: 2201 211
info@redcafe.ge
25, Tarkhnishvili Str.
Tel: 225 25 16
# 20 Shavteli Str. Tel: 293 10 80
Beliashvili Str. Tel: 253 07 97
Belle Ville
BUFFALO BILL
French - European barrestaurant Pleasant and cozy
atmosphere High quality
service, live music every day
26, l.Kiacheli Str. Tel: 293 65 53
DONUTS
2, MarjaniSvili Str.
Tel: 2 999 723
Book
Corner
13b, Tarkhnishvili Str.
Tel: 223 24 30
contact@bookcorner.ge
VERA
STEAKHOUSE
Better seen
than heard
37, Kostava Str.
Tel: 298 37 67
16, Akhvlediani Str. Tel: 293 60 52
64, Paliasvili Str.
Tel: 225 06 69
DUBLIN
IRISH PUB
Better seen
than heard
Entree
13 Taktakishvili Str.
20 Rustaveli Ave.
19 Petriashvili Str.
7 Pekini Str.
78 Chavchavadze Ave.
(Bagebi)
86 Aghmashenebeli ave.
8, Akhvlediani Str.
Tel: 298 44 67
10/12, Abashidze Str. Tel: 225 39 85
Tel.: 599 21 53 83
24
24/
DISCOVERY
3 Vashlovani Str.;
(“Super Babilon” oposit)
Tel.: 298 90 86
40, Chavchavadze Ave. Tel: 229 42 30
SIANG-GAN
PICASSO
41, Gamsakhurdia Str.
Tel: 237 96 88
4, Vashlovani Str.
Tel: 298 90 86
Segafredo Zanetti
Espresso
ENGLISH TEE
HOUSE
26, Chavchavadze
Ave
Tel: 222 36 77
5, Marjanishvili Str.
Tel: 294 16 20
32, Paliashvili Str.
Tel: 222 11 09
Espresso Bar
“RESPUBLIKA”
16, Marjanishvili Str.
Tel: 555 211552
E-mail: Respublikaespressobar@gmail.com
Prospero’s Books
34, Rustaveli Ave.
Tel: (+995 32) 2923 592
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FINANCIAL
2 June, 2014 | finchannel.com
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