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NEWSLETTER OCTOBER - DECEMBER, 2017 1 NEWSLETTER October – December 2017

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Page 1: October December 2017 - eugbc.neteugbc.net/wp-content/uploads/2014/03/EUGBC-Newsletter-of-October... · Oriflame Georgia has a new Director 26 Marriott Tbilisi hotels joined EUGBC

NEWSLETTER OCTOBER - DECEMBER, 2017 1

NEWSLETTER

October – December 2017

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NEWSLETTER OCTOBER - DECEMBER, 2017 2

CONTENT

EUGBC Events EUGBC established new Energy Commission 3

ZVIAD CHUMBURIDZE - EXECUTIVE DIRECTOR OF ”SOCIETY OF GEORGIAN UNIVERSITY” 4

Joint conference titled “Georgia – EU Association Objectives 5

EUGBC PARTICIPATED IN INVESTOR COUNCIL’S MEETING ON DECEMBER, 2017 6

THE FOURTH BUSINESS CONFERENCE IN THE SCOPE OF MEETING ROOM 6

Regional President of BP Participated in the “Tbilisi Belt and Road Forum 2017” 7

DCFTA Advisory Group 5th meeting 8

The conference in Tbilisi - V4 COUNTRIES AND GEORGIA 9

Caucasus University hosted Austrian students together with EUGBC 11

Site Visit to newly opened Sarajishvili Distillery factory 12

Meeting with the delegation of the Senate of the Republic of Ireland 13

EUGBC signed Memorandum of Cooperation with Tbilisi State University 13

Meeting with the State Minister of Georgia on European and Euro-Atlantic Integration 14

EUGBC member’s news

ANDROPOV’S EARS - Newly opened Seafood Restaurant 15

Sarajishvili House Presented neW product – TRILOGY 16

GOLDWAY has joined EUGBC as a new corporate member 17

American Medical Centers Georgia service in Gudauri 18

PASHA Bank continues successful projects 19

BDO Georgia news 21

Exquisite Achievements of Hotels & Preference Hualing Tbilisi 22

Polimeri 1 – Successful business of the year 24

Memorandum of Cooperation was signed between MKD and ISET 25

Seminar organized by MKD 26

Oriflame Georgia has a new Director 26

Marriott Tbilisi hotels joined EUGBC team as a corporate member 27

KPMG news 29

New representation of Gebrüder Weiss officially opened in Yerevan 30

Multifunctional space “Republic” hosts Beka Gochiashvili on January 7 31

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NEWSLETTER OCTOBER - DECEMBER, 2017 3

EUGBC NEWS

EUGBC established new

Energy Commission

On December 21 EU-Georgia

Business Council held the

presentation of a special Energy

Commission established under

EUGBC umbrella. The main

purpose of the Commission is to

attract investments and work on

the issue of exporting electricity

generated in Georgia to foreign

countries. The representatives of

EUGBC and energy sector

discussed existing situation in the

Georgian energy sector, as well as,

its perspectives and challenges.

More than 30 energy companies’

representatives attended the

meeting.

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NEWSLETTER OCTOBER - DECEMBER, 2017 4

On the occasion of restoration of “Society of Georgian University” after 100 years ceremonial event held at the Tbilisi State University today, on December 15, 2017. The meeting was

attended by the president of Georgia, Giorgi Margvelashvili and by the Prime-Minister of Georgia, Giorgi Kviriashvili, as well as, Minister of Education of Georgia, Mikheil Chkhenkeli participated in

the event.

The society, which unites graduates of Tbilisi State University and its supporters, aims to care for the development of the university. Ambassador Zviad Chumburidze, Secretary General of the EU-

Georgia Business Council was elected as an Executive Director of this society.

Society of Georgian University was first created in 1917 and aimed at establishing the first national university in the Caucasus region.

ZVIAD CHUMBURIDZE WAS ELECTED AS AN EXECUTIVE DIRECTOR OF ”SOCIETY OF GEORGIAN UNIVERSITY”

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NEWSLETTER OCTOBER - DECEMBER, 2017 5

Conference titled “Georgia – EU Association Objectives”

The Parliament of Georgia hosted a joint conference titled “Georgia – EU Association

Objectives”

The conference was attended by EUGBC management and team members. The main topic for discussion was the

implementation of the Georgia-EU Association by the sectors. Representatives of EU and Eastern Partnership

member countries and senior officials of the executive and legislative authorities of Georgia, member

organizations of the National Platform, diplomatic corps accredited in Georgia and media representatives

participated in above mentioned conference.

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NEWSLETTER OCTOBER - DECEMBER, 2017 6

THE FOURTH BUSINESS CONFERENCE IN THE SCOPE OF MEETING ROOM

EUGBC PARTICIPATED IN INVESTOR COUNCIL’S MEETING ON DECEMBER, 2017

ON DECEMBER 11, 2017 SECRETARY GENERAL OF EU-GEORGIA BUSINESS COUNCIL, ZVIAD

CHUMBURIDZE TOOK PART IN THE MEETING OF INVESTOR COUNCIL, CHAIRED BY GEORGIAN

PRIME MINISTER GIORGI KVIRIKASHVILI, HELD AT THE ADMINISTRATION OF THE GOVERNMENT.

THE MEETING WAS ATTENDED BY THE EUGBC PROJECTS DIRECTOR, GIORGI KACHARAVA.

THE AGENDA INCLUDED THE FOLLOWING TOPICS: JUDICIAL REFORM, LAW OF

ENTREPRENEURS, INSOLVENCY LAW, INJUNCTION PRACTICE, ORGANIC LAW ON THE

AGRICULTURAL LAND OWNERSHIP, AS WELL AS, TOURISM BOARD ESTABLISHMENT MEMBERS OF EU-GEORGIA BUSINESS

COUNCIL ATTENDED THE FOURTH BUSINESS

CONFERENCE IN THE SCOPE OF MEETING

ROOM WITH THE TOPIC BEING “CAPITAL

RAISING ALTERNATIVES FOR AGRICULTURAL

PROJECTS”, HOSTED BY PASHA BANK

GEORGIA.

MEETING ROOM BROUGHT TOGETHER

INTERESTED PARTIES FROM PUBLIC AND

PRIVATE SECTORS TO DISCUSS MAJOR ISSUES

CONCERNING THE AGRICULTURAL PROJECT

MANAGEMENT IN GEORGIA.

THE MEETING ROOM COVERED, AMONG

OTHERS, THE FOLLOWING TOPICS: OVERVIEW

OF THE AGRIBUSINESS DEVELOPMENT IN

GEORGIA, CAPITAL RAISING OPTIONS,

INSURANCE TOOLS FOR THE SECTOR,

SPECIFIC CONSIDERATIONS FOR FINANCING

AGRO-PROJECTS ETC.

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NEWSLETTER OCTOBER - DECEMBER, 2017 7

Regional President of BP Participated in the “Tbilisi Belt and Road Forum 2017” Regional President of BP in Azerbaijan-Georgia-Turkey, R. Gary Jones Participated in the “Tbilisi Belt and Road Forum 2017” as one of the key speakers of the Panel discussion titled Energy – Trans regional Opportunities (Oil, Gas and Electricity). Tbilisi Belt and Road Forum 2017 opened by the Prime Minister of Georgia, Giorgi Kvirikashvili. High rank officials representing foreign governments and international organization addressed the Forum participants. The Forum implied the high-rank discussions as well as the topical sessions and face-to-face meetings. Tbilisi Belt and Road Forum was first held in 2015 and official delegations from 34 countries as well as business representatives from 50 countries participated in the event. The Forum will be a biannual event since it is a very significant and large-scale event.

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NEWSLETTER OCTOBER - DECEMBER, 2017 8

DCFTA Advisory Group 5th meeting

Projects Director of EU-Georgia Business Council, Giorgi Kacharava took part at the DCFTA

Advisory Group meeting held on November 17, 2017. The meeting was co-chaired by

Deputy Minister of Economy and Sustainable development, Genady Arveladze.

The issues discussed at the following meeting were the DCFTA implementation action

plan for 2018-2020, as well as 9-month report and news about DCFTA Information Centers

existing in Georgia. The Group is an advisory body under the Ministry of Economy, the

main purpose of which is to facilitate the effective implementation of DCFTA and to

ensure involvement of civil society in this process.

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NEWSLETTER OCTOBER - DECEMBER, 2017 9

CONFERENCE ON

PROSPECTS FOR

DEVELOPMENT OF

ECONOMIC

COOPERATION BETWEEN

V4 COUNTRIES AND

GEORGIA, HELD IN TBILISI

On November 16, 2017 EU-Georgia

Business Council with the support

of Embassies of V4 countries (Czech

Republic, Poland, Hungary and

Slovakia) in Georgia, organized the

conference titled “V4 countries and

Georgia – prospects for

development of economic

cooperation”. The aim of the

conference was to discuss the

perspectives of trade and economic

cooperation between Georgia and

the abovementioned countries, as

well as, to share the economic

experience.

The event was attended by more

than 100 European and Georgian

company representatives, as well as

members of diplomatic corps and

representatives of the government.

General Partner of the Conference

was the company “Kharizma”.

The conference was followed by

Georgian wine tasting.

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NEWSLETTER OCTOBER - DECEMBER, 2017 10

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NEWSLETTER OCTOBER - DECEMBER, 2017 11

On November 14, 2017 Caucasus

University hosted EU-Georgia

Business Council and students

from the Competence Centre for

Black Sea Region Studies,

University of Applied Sciences BFI

Vienna.

Within the event, the Austrian

students get acquainted with the

Caucasus University’s educational

process and international studying

programs.The Secretary General

of EU-Georgia Business Council,

Zviad Chumburidze informed

students about organization’s

activities and future

projects.Representatives of the

Business Council member

companies delivered lectures for

Australian and Georgian students

on the following issues – The

existing business environment in

Georgia and the country as a

Caucasus transport corridor.

Within the framework of the

event students from the Vienna

University had an excursion in a

new building of Caucasus

University.

CAUCASUS UNIVERSITY

HOSTED AUSTRIAN

STUDENTS TOGETHER

WITH EUGBC

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NEWSLETTER OCTOBER - DECEMBER, 2017 12

Site Visit to newly opened

Sarajishvili Distillery factory

On November 3, EU-Georgia Business

Council organized Site Visit to

Sarajishvili Distillery, in village Gremi,

Kakheti region of Georgia. EUGBC

members, journalists and foreign

diplomats took part in the activity.

The purpose of the visit was to

inform visitors about Sarajishvili’s

newly opened factory, which can

produce high quality products using

the classical technology of the wine

brand. The Spiral Enterprise is

equipped with modern standards,

where 150 people are employed

approximately. The company

produces 500,000 liters of brandy

alcohol per year.

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NEWSLETTER OCTOBER - DECEMBER, 2017 13

Meeting with the delegation of the

Senate of the Republic of Ireland

On October 30, 2017, Secretary General of EU-

Georgia Business Council, Mr. Zviad

Chumburidze hosted delegation of the Senate of

the Republic of Ireland, chaired by Mr. Denis

O’Donovan, Chairman of the Senate. The

meeting was attended by Charge d’Affaires, a.i.

at the Republic of Ireland, Mr. Gia Zurabashvili,

as well as, the First Vice Chairman of the Board

of Directors of EUGBC, Mr. Badri Japaridze.

During the meeting the sides discussed issues

related to the existing bilateral co-operation

between the two countries and perspectives of

implementing future economic projects. EUGBC signed Memorandum of Cooperation

with Tbilisi State University

Memorandum of Cooperation was signed between the EU –

Georgia Business Council and Tbilisi State University. According

to the agreement, students and graduates from TSU’s Faculty of

Business and Economics will undergo internship courses in

EUGBC and will take part in organizing process of present and

future projects.

Memorandum also foresees bilateral cooperation in

educational issues, which involves conducting of thematic

lectures on important issues by EUGBC, including trade with

Europe.

One of the main goals of the memorandum is to encourage

young economists, as well as establish effective communication

between business sector and young specialists.

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NEWSLETTER OCTOBER - DECEMBER, 2017 14

MEETING WITH THE STATE MINISTER OF GEORGIA ON EUROPEAN AND EURO-ATLANTIC

INTEGRATION

On October 9, EU-Georgia Business Council (EUGBC) Board of Directors and representatives of EUGBC member

companies met Viktor Dolidze, State Minister of Georgia on European and Euro-Atlantic Integration.

At the meeting the State Minister informed representatives of business circles about the ongoing reforms in

Georgia for the implementation of the obligations under the Association Agreement. The prospects and other

related issues were discussed at the meeting as well.

Members of EUGBC introduced Mr. Dolidze the views of the business sector with respect to these reforms and

the perspectives of the European market.

Attendees emphasized that maximizing communication between the Government and business in this process is

of utmost importance.

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NEWSLETTER OCTOBER - DECEMBER, 2017 15

MEMBER’S NEWS

ANDROPOV’S EARS - Seafood

Restaurant

Fine dining meets spectacular

setting at the top floor of

Republic.

The menu of the Andropov’s Ears

Seafood Restaurant is truly

special with an extravagant

choice of fresh fish ranging from

luxe king crabs, fresh oysters,

lobster, red prawns and the

finest aged prime beef for the

biggest beef connoisseurs.

Created by Gilles & Boissier,

French Interior Design Company,

the restaurant’s design is a mix

of cosmopolitan flair and local

elements. The bar with its

panoramic views over the city

will serve the best classic

cocktails and Georgian wines.

Restaurant will start operating

from mid-January.

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NEWSLETTER OCTOBER - DECEMBER, 2017 16

Sarajishvili House Presented one of the most distinctive products from the Unique Line of

Sarajishvili House - TRILOGY

TRILOGY is a result of inspiration based on an idea of uniting past and present. One of the most

refined products of Sarajishvili House is a harmonious synthesis of XIX, XX and XXI centuries,

three grape types, and three regions of Georgia. Apart from its century-old aging, the secret of

TRILOGY lies in special grape varieties selected from three different Georgian micro zones having

particular climatic conditions. This unique drink is a harmonic blend of Tsitska from Imereti,

Chinuri from Kartli and Rkatsiteli from Kakheti.

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NEWSLETTER OCTOBER - DECEMBER, 2017 17

International transportation company GOLDWAY has joined EUGBC as a

new corporate member.

Rapidly growing company GOLDWAY was established in 2011 and it has been

successfully operating for the last 7 years. The company offers you fast, reliable and high

quality service. In the sphere of International Transportation, one of the most important

things is safety and GOLDWAY is ready to take a risk and to cover the loss in case of

cargo damage.

Services:

• Inland Transportation

• Full Truck Load

• Partial Cargo Transportation

• Hazardous Cargo

• Oversized Cargo

• Air Transportation

• Brokerage Service

• Sea Transportation

“GOLD WAY” has three main advantages:

• Insured Cargo

• Full responsibility from the pick up point to the final destination

• The recovery of the loss based on mutual agreement.

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NEWSLETTER OCTOBER - DECEMBER, 2017 18

American Medical Centers Georgia

Can now provide medical assistance in Gudauri

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NEWSLETTER OCTOBER - DECEMBER, 2017 19

PASHA Bank partners the first CEO Lunch Tbilisi by Caspian Energy

On September 29th Caspian European Club and Caspian American Club hosted the first CEO Lunch Tbilisi within

the framework of the official ceremony marking the resumption of activities of Caspian Energy Georgia. The

event involves organization of a series of meetings for CEOs of Georgia and Azerbaijani companies and is

supported by PASHA Bank.

Prime Minister of Georgia Giorgi Kvirikashvili, First Vice Prime Minister, Minister of Finance of Georgia Dimitry

Kumsishvili, Minister of Economy and Sustainable Development of Georgia Giorgi Gakharia and Ambassador

Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Georgia Dursun Hasanov attended CEO

Lunch as honorary guests.

Shahin Mammadov, Chairman of the Board of Directors and Chief Executive Officer of PASHA Bank Georgia

gave a presentation about the Bank’s activities and its financial highlights. He emphasized the significance of

the project in regards of bringing together business circles from these two countries. Mr. Giorgi Kvirikashvili

awarded PASHA Bank Georgia with a special certificate for joining and supporting the event that will serve the

development of Georgia-Azerbaijan trade and economic ties. The Prime Minister of Georgia also thanked the

organizers of the meeting. “This will boost a birth of new business initiatives, expand contacts not only

between businessmen of Georgia and Azerbaijan, but also representatives of other countries”, he said.

Also Giorgi Kvirikashvili noted that the Government of Georgia spares no effort to facilitate attraction of

investments into the country and Georgia is always open for Azerbaijani entrepreneurs. “I expect the Georgian

businessmen to expand their activities in Azerbaijan”, the Prime Minister said.

According to First Deputy Chairman and Chief Executive Officer of the Caspian European Club and Caspian

American Club, Telman Aliyev, CEO Lunch is a very beneficial tool for networking and is hosted with the aim to

create opportunities for CEOs to communicate in an informal environment and establish new contacts.

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NEWSLETTER OCTOBER - DECEMBER, 2017 20

PASHA Bank Supported the Silk Road Regional Trade Finance Forum

November 30th, 2017, Tbilisi Marriott Hotel - The International Chamber of Commerce (ICC-

Georgia) in cooperation with ICC China will hold the Silk Road Regional Trade Finance Forum.

PASHA Bank being the sponsor of the event was also represented on the trade finance panel

discussion.

“PASHA Bank is a Baku-based financial institution operating in Azerbaijan, Georgia and Turkey,

providing corporate and investment banking services to large and medium-sized enterprises. As a

regional financial institution we’ve joined this conversation to discuss the major issues regarding

trade finance operations and share our experience.” – said Otar Tabutsadze, Senior Trade

Finance Expert of PASHA Bank.

Business Café meets up for the 13th time

On November 27th, 2017 the current year’s last and

Business Café’s 13th meeting overall took place in Rooms

hotel. The meeting was hosted by Mr. Osman Turan, a

technology expert and former General Manager of

Geocell. He spoke about leadership that drives to success.

„The year’s last meeting of Business Café turned out to be

very interesting and interactive just like all the others. To

witnessing success and raising popularity of this project

delights us greatly, as PASHA Bank is the partner of

Business Cafe from day one. We look forward to continue

this tradition in the years to come,“ - said Anano Korkia,

Head of PR and Marketing Department at PASHA Bank.

PASHA Bank became member of Georgia’s Pro Bono Network

Georgia’s Pro Bono Network is an informal union of Georgian and international companies operating in

Georgia that are willing to use their expertise and professional resources for the benefit of the society.

The goal of the network is to make the expertise of the private sector available to the organizations

working to improve society. Pro Bono is both a form of support for communities as well as a part of

corporate volunteering programs.

On November 1st, second meeting of Georgia’s Pro Bono Network was held. The meeting was attended

by the existing members of the network as well as its partnering organizations.The meeting covered the

activities that were realized during the year by Pro Bono Network. Representatives of various

organizations made presented the projects that they have fulfilled together with Pro Bono Network in

2017.

This year the network became wider and 4 more companies were added to the existing 13

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NEWSLETTER OCTOBER - DECEMBER, 2017 21

SAP BUSINESS ONE POWERED BY

BDO, SPECIALLY FOR

CONSTRUCTION & DEVELOPMENT

INDUSTRY

BDO presents a specialized technological solution for

construction & development industry. We adapted SAP

Business One to completely fit the business needs of

the abovementioned industry.

“Construction is a fast developing sector and the

companies that operate in the industry, need a

complete, intelligent software to automate all the

major processes and manage them effectively. We

decided to make a strategic focus on the construction

industry and develop SAP Business One to meet all the

requirements and challenges the industry holds” – says

Givi Dzamashvili, Partner at BDO.

BDO client portfolio already claims successfully

completed Anaklia Development Consortium project

and has several ongoing projects with major

construction organizations.

BDO AWARDED ACCA ‘S APPROVED

EMPLOYER PROFESSIONAL

DEVELOPMENT STATUS

The Association of Chartered Certified Accountants

(ACCA) has recently awarded BDO with Approved

Employer Professional Development status. This

approval indicates ACCA’s recognition of employers

who provide learning opportunities for ACCA members

to support their continuing professional development

(CPD).

BDO is now fully accredited in both streams of approval

to pursue with ACCA, out of which the trainee

development platinum status has been for years now

acknowledging the continuing support BDO provides to

ACCA trainees on their way towards membership. The

recent recognition – professional development is the

second ultimate accreditation to be awarded to an

employer by ACCA.

Granting of this status ensures that ACCA members

who participate in BDO’s development scheme

automatically meet ACCA’s CPD requirements.

BDO will maintain the approved employer professional

development status for the coming three years until

the due renewal.

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NEWSLETTER OCTOBER - DECEMBER, 2017 22

Hotels & Preference Hualing Tbilisi is honored to be recognized by some of the most reputable industry groups and respected juries in the world for excellence in Business hospitality and not only. These awards reflect the

commitment of a five star property to setting the high standards for Business Category Hotel and providing the ultimate guest experience.

This autumn the 5 star property has become a winner hotel in Georgia at one of the most important events of the hospitality business throughout the globe – “World Luxury Hotel Award”. On the official Awarding ceremony of

“World Luxury Hotel Awards” held in Switzerland, the 5 star Hotel was honored to win three different categories - Luxury Wedding Destination, Luxury Business Hotel and Luxury Hotel and Conference Center.

One of the most prestigious and objective global organization - World Luxury Hotel Award is recognized to be a “Second Oscar”, choosing luxury hotels for their service excellences and facilities by the worldwide famous jury

experts in hospitality industry.

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NEWSLETTER OCTOBER - DECEMBER, 2017 23

The second big success of Hotels & Preference Hualing Tbilisi was becoming a “Georgia’s Leading Business

Hotel” at the 24th annual Awarding ceremony of “World Travel Awards”, held in St. Petersburg.

During the 2 years of the successful operation in Georgian market, Hotels & Preference Hualing Tbilisi

has been admitted as one of the leading business hotels of hosting big MICE groups and business

travelers. Having the largest ballroom in Tbilisi, six additional conference halls and 5 VIP meeting rooms

is a big advantage and privilege for the big companies searching for the outstanding venues.

Besides the conferences, the grand ballroom of the property has hosted many Luxurious Weddings,

perfectly matching the marvelous atmosphere and services of Hotels & Preference Hualing Tbilisi.

On December 2017 Hotels & Preference Hualing Tbilisi got another well-reserved trophy from French

Restaurant Guide “Gault&Millau”, firstly presented in Georgia. This year “Gault&Millau” expert inspectors

anonymously assessed all the leading Food & Beverage objects in Georgia for Catalogue 2018. After a very long procedure, the worldwide known experts

and gourmets has rated Western Restaurant “Be CHIC” of Hotels & Preference Hualing Tbilisi with the highest scores among the five star hotels in Tbilisi.

Hotels & Preference Hualing Tbilisi is constantly working on enhancing their services and is looking

forward to future success.

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NEWSLETTER OCTOBER - DECEMBER, 2017 24

The company Polimeri 1 was awarded As a Successful business of the year

By the Business Government Contact 2017

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NEWSLETTER OCTOBER - DECEMBER, 2017 25

Memorandum of Cooperation was signed between MKD and ISET

On December 5, 2017, a Memorandum of Cooperation was signed between Mgaloblishvili

Kipiani Dzidziguri - MKD and ISET - International School of Economics. The cooperation

comprises implementing educational programs, organizing workshops, lectures and other

similar events as well as promoting students’ internships and employment prospective.

The Memorandum of Cooperation was signed by Victor Kipiani, partner at MKD, and Eric

Livny, president of ISET Policy Institute.

Apart of attending the signing ceremony students and invited guests had the opportunity

to hear an open lecture delivered by Victor Kipiani on Georgia’s reunification perspective

analysis from a geopolitical and geo-economic point of view based on comparison with

Cyprus. The lecture was finalized by interactive discussions moderated by Eric Livny.

Co-operation between Mgaloblishvili Kipiani Dzidziguri (MKD) and International School of

Economics at TSU (ISET) aims to support young generation to deepen their knowledge and

improve professional skills to achieve respective goals and expectations.

It is noteworthy that this kind of partnership with higher education institutions is not a new

practice for MKD as it has been almost a decade that the firm successfully co-operates with

Faculty of Law at Tbilisi State University and underlines MKD’s corporate social

responsibility agenda.

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NEWSLETTER OCTOBER - DECEMBER, 2017 26

Oriflame Georgia has a new Director Our congratulations to Ms. Nana Eliava and we wish her every success in new duties!

MGALOBLISHVILI KIPIANI DZIDZIGURI (MKD) HAD A SEMINAR ON GEORGIAN

COMPETITION REGULATORY ENVIRONMENT AND PRACTICES

A seminar on various regulatory and practical aspects of unfair and restrictive competition was held at

Mgaloblishvili Kipiani Dzidziguri (MKD) on October 11.

Baqar Palavandishvili lawyer at MKD, led the presentation exploring some recent trend under the local law in

conjunction with EU law implications. Some EU court precedents were also given as highlights to explore

where the local law stands in terms of challenging unfair competition and restrictive practices (such covering

price fixing, market sharing and limitation, discriminatory, supplementary conditions and collusive tendering,

in particular).

Competition law and practices are among core services provided by MKD to its clients and the firm has

accumulated a rather distinguished track record of advising various high-profile clients, both local and

international.

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NEWSLETTER OCTOBER - DECEMBER, 2017 27

Marriott Tbilisi hotels joined EUGBC team as a corporate member – Courtyard Marriott

Courtyard by Marriott Tbilisi is perfectly located in Freedom Square in the heart of the city centre, and is within walking distance of the Georgian National

Museum, Rustaveli Theatre and the State Opera House. Hotel offers modern and comfortable

accommodation features. Additional hotel perks include a fitness center and whirlpool, as well as a

heated indoor pool. Pay a visit to hotel’s restaurant, Brasserie Freedom, for delicious all-day dining and stunning Freedom Square views. Or plan a catered event for up to 400 guests in one of Hotel’s venue

spaces, some of which feature natural daylight. And you’ll enjoy the convenience of having Old Tbilisi and

other city sights at your doorstep. For business or leisure, the Courtyard Tbilisi is the ideal choice!

Hotel Features:

118 Rooms

7 Meeting Rooms

Health Club

Massage room

Indoor swimming pool

Brasserie Freedom Restaurant

24 hour indoor shop

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NEWSLETTER OCTOBER - DECEMBER, 2017 28

Tbilisi Marriott

With a city center location and modern amenities, the Tbilisi Marriott Hotel is an ideal destination for business travel and family vacations. Hotel has 100 year old building and stunning atrium-style lobby, with its twinkling crystal chandeliers, design of the

hotel was kept original during the restauration. Rooms and suites are peaceful and cozy, both offer

deluxe bedding, a marble bathroom and modern technology. Parnas Café and Majestic Lounge & Bar offer local and international cuisine. Fitness routine

can be maintained anytime at 24-hour gym.

Those hosting an event in central Tbilisi can learn more about Marriott stylish venue spaces, the

largest of which can accommodate 230 guests. You can easily reach main sightseeing and attractions

including Narikala Fortress, Freedom Square and the Parliament of Georgia, by foot.

Hotel features:

127 Rooms and Suited

9 Meeting Rooms

Fitness Center

High Speed Internet

24 Hour Concierge and bellboy Services

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NEWSLETTER OCTOBER - DECEMBER, 2017 29

On 1st October 2017, KPMG Georgia promoted

Irina Gevorgyan to Partner.

Irina has been heading up the Advisory practice in

Georgia since 2013 and has overseen the growth in the

Advisory team from 2 to 13 people. Irina joined KPMG in

2003 and has worked in Armenia, Georgia and the UK.

Irina is a Fellow of the Association of Chartered Certified

Accountants in the UK and holds an MBA from the

prestigious IE Business School in Madrid. Irina is also a

Registered Auditor in Georgia.

.

Welcome to the updated -> Crane index 4Q 2017, prepared by KPMG Georgia.

The first edition of the Tbilisi Crane Index was published earlier in 2017 based on

the survey carried out in the first quarter of 2017 and was very well received.

KPMG received many comments on the first edition from business associations,

real estate developers, large business groups, members of the Government and

from the Diplomatic Corps, which encouraged the KPMG team to update the

findings.

The Q4 report shows a 9.3% increase in the number of cranes in Tbilisi to an

amazing 117 cranes with most of the increase coming in the residential

segment. Vake becomes the leading district in Tbilisi (over-taking Saburtalo)

with all but one districts showing an increase.

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NEWSLETTER OCTOBER - DECEMBER, 2017 30

New representation of Gebrüder Weiss officially opened in Yerevan

The international transport and logistics company Gebrüder Weiss officially opened its new representation in

Yerevan, Armenia, on November 3, 2017. During a ceremony at the Grand Hotel Yerevan, Alexander Kharlamov

(Managing Director of Gebrüder Weiss Georgia and Armenia) emphasized the significance of the new location for

the network of Gebrüder Weiss: “From Yerevan, not only do we serve destinations in Iran and Russia for our

customers, but Armenia is also a key stop along the Silk Road – an important hub between Europe and Asia.” In

front of some 150 guests, Mr. Kharlamov underscored the high potential of the region and explained how Gebrüder

Weiss is able to support export-oriented companies when entering the Armenian market.

Groupage freight transports from Germany, Austria, and Italy The representation office in the center of Yerevan, a

city with over a million inhabitants, already began its work at the beginning of April and, since this time, has set up

a weekly groupage freight transport from Italy. The logistics expert also offers twice-weekly groupage freight

transports from Austria (Vienna) and Germany (Hanau) via Georgia (Tbilisi) to Armenia.

“By opening up the new location, we are further expanding our local presence in Central Asia and taking another

important step when it comes to entering the former Silk Road overland. As a result, our customers also benefit

from our high European quality standards in Armenia,” says Thomas Moser, Director and Regional Manager South-

East/CIS at Gebrüder Weiss. Air and sea freight are also included in the service portfolio alongside land transports.

In the medium term, it is planned to expand the local range of services and to evaluate the opening of further

offices in the region. The logistics processes are managed through the Georgian Gebrüder Weiss hub in Tbilisi, to

which Yerevan has a direct connection.

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NEWSLETTER OCTOBER - DECEMBER, 2017 31

Be the first to attend event series created by Silk Road Group and Club Iveria at newly opened multifunctional space “Republic”.

This Christmas, on January 7th “Republic” hosts funky concert creating lasting memories that will

keep you feeling good throughout the season!

Come enjoy some of magic tunes in a swinging style only Beka Gochiashvili can deliver together with his American Band!

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