Coca-Cola, produced in Georgia, has been found in Vladimir Putin’s residence.

Casino Ajara, one of the most prestigious casinos of Georgia located in Tbilisi is arrested based on legal claim raised by its alleged stakeholder at court. The entangled case suggests a well-proved stake-seizure scenario practiced by ex-power against oppositional businessmen and trails down to former top political figures in defense and interior ministries who are accused of applying political pressure on the plaintiff .

Interview with Finance Minister Nodar Khaduri

This February the number of shop purchase slips printed out of cash machines exceeded the previous February data by 2 million. Business turnover has increased. Production rates have soared. Prices are down. Export is on the rise. The incoming Budget resources are more than they have been planned. This is just a portion of the report disseminated in the last days by the chief state financial body and Department of Statistics. These and other topics are the subject of our interview with the Finance Minister.

Horseflesh as a non-traditional food for Georgians very likely is sneaking into the menu under the mask of beef.

Decrease of gas and electricity tariffs for household consumer by approximately 10% and 25% respectively, seems to be temporary relief, having more connection with pre-election promises rather than economic factors.

Ajara will remain the haunt for Free Industrial Zones (FIZ) development. New government plans to develop several such zones in Ajara. However, the idea is still under elaboration and the authorities don’t disclose taxation or any other kind of economic preferences that must lure investors to Ajara.

All companies - local and foreign - are obligated to put their names and advertisements written on boards and billboards in Georgian language as well. Reluctant businesses will face penalties fluctuating from GEL 200 to GEL 5 thousand. Sector pundits find the initiative discomforting to foreign businesses operating in Georgia.

Ajara with the its USD 40 billion investment expectations in coming 10-15 years seems to be the region of nvestors’ haunt in Georgia. President of Georgia appears skeptical over the idea while economic analysts find the forecast completely realistic if Georgian business climate becomes healthier.