Issue #1296

Page 1

Issue no: 1296

• MAY 14 - 20, 2021 • PUBLISHED WEEKLY

PRICE: GEL 2.50

In this week’s issue... Georgian, Armenian PMs Meet to Discuss Bilateral Relations NEWS PAGE 2

Melia: Free, but Unsure about Entering Parliament NEWS PAGE 3

Ghost Soldiers: Why Georgia Needs More Special Operations Support and Resources POLITICS PAGE 5

ISET Real Estate Market Laboratory | Market Highlights: Jan-Mar 2021 Caritas Czech Republic provided training and technical expertise to municipalities, and conducted awareness-raising activities among the local population based on a mantra of four Rs: repurpose, reduce, reuse, recycle. Source: CCR

FOCUS

ON WASTE MANAGEMENT Meet an award-winning entrepreneur using mushrooms instead of plastic, and hear how the Czech Republic helped Georgia's PAGE mountainous municipalities to deal with their waste

6&8

Mza Chitili’s GM on Helping Georgian Agriculture & Surviving the COVID Pandemic INTERVIEW BY ANA DUMBADZE

ISET PAGE 7

Bettering the Lives of Surrounding Communities: The Carrefour Sustainability Journey Continues BUSINESS PAGE 9

Georgian Honey Gets Major Boost as Regional Beekeeping Center Opens in Tbilisi SOCIETY PAGE 10

I

t’s a new and strange reality we have to live in nowadays. The global pandemic turned everything upside down, affecting each sector and changing our lifestyles, bringing human tragedy and posing serious challenges for the business sector and economies worldwide. Tourism and agriculture, the two main directions and pillars of the Georgian economy, closely connected to each other due to their specifics, are also in the same struggle. At such times, it is important to have as qualified field experts who can help share their experience and maintain stability with well-developed crisis management strategies that keep businesses diversified and strong, and staff employed and feeling secure. We discovered one such professional, boasting years of experience in the agricultural sphere, Erhan Zorlu. He is the General Director of two leading different profile companies in the Georgian market: WG TECHNO and MZA CHITILI, whose contribution to the development of local agriculture is significant, and which have both adapted particularly well during the crisis. MZA CHITILI offers customers a sophisticated, flexible service and high quality vegetable and flower seedlings. It produces vegetable and flower seeds and fresh vegetables in its greenhouses, and then distributes them to supermarket networks. Continued on page 6

Meet the Artist: Tutu Kiladze CULTURE PAGE 11 CULTURE PAGE 11 Prepared for Georgia Today Business by

Markets As of 10ͲMayͲ2021

Price

w/w

w/w

m/m

GRAIL 07/22

106.05 (YTM 2.44%)

+0,1%

Ͳ0,1%

Bank of Georgia (BGEO LN)

GBP 11.20

+9,6%

+1,3%

GEBGG 07/23

BONDS

106.06 (YTM 3.13%)

Ͳ0,3%

Ͳ0,2%

m/m

Georgia Capital (CGEO LN)

GBP 5.95

+5,7%

Ͳ

TBC Bank Group (TBCG LN)

GBP 10.74 +10,3%

+0,4%

GEOCAP 03/24

101.47 (YTM 5.55%)

Ͳ0,1%

+0,1%

SILNET 04/24

109.48 (YTM 7.29%)

+0,1%

+0,2%

TBC 06/24

107.95 (YTM 3.04%)

+0,2%

+0,8%

GGU 07/25

105.59 (YTM 6.22%)

+0,1%

+0,9%

STOCKS

CURRENCIES

Price

Price

w/w

m/m

GEL / USD

3,4196

Ͳ0,8%

Ͳ0,0%

GEL / EUR

4,1497

Ͳ0,2%

+2,0% +3,0%

COMMODITIES

Price

w/w

m/m

GEL / GBP

4,8277

+0,7%

Crude Oil, Brent (US$/bbl)

68,32

+1,1%

+8,5%

GEL / CHF

3,7977

+0,4%

+2,5%

1 836,07

+2,4%

+5,3%

GEL / RUB

0,0460

Ͳ

+4,1%

GEL / TRY

0,4130

Ͳ1,1%

Ͳ1,3%

Gold Spot (US$/OZ)

INDICES

Price

w/w

m/m

GEL / AZN

2,0127

Ͳ0,7%

+0,0%

FTSE 100

7 123,68

+2,2%

+3,0%

GEL / AMD

0,0066

Ͳ

+1,5%

22 697,19

+0,9%

+2,0%

GEL / UAH

0,1234

Ͳ0,5%

+0,8%

DAX

15 400,41

+1,1%

+1,1%

EUR / USD

0,8245

Ͳ0,5%

Ͳ1,9%

DOW JONES

34 742,82

+1,8%

+2,8%

GBP / USD

0,7083

Ͳ1,5%

Ͳ2,9%

NASDAQ

13 401,86

Ͳ3,5%

Ͳ3,6%

CHF / USD

0,9011

Ͳ1,1%

Ͳ2,5%

179,15

+5,2%

+10,1%

RUB / USD

74,3559

Ͳ1,1%

Ͳ3,9%

MSCI EM

1 346,35

+0,6%

+1,2%

TRY / USD

8,2761

+0,3%

+1,2%

SP 500

4 188,43

Ͳ0,1%

+1,4%

AZN / USD

1,6987

+0,0%

Ͳ0,0%

MSCI FM

2 529,76

+2,6%

+1,5%

AMD / USD

521,9900

+0,4%

Ͳ1,3%

FTSE 250

MSCI EM EE


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