Issue no: 1285
• FEBRUARY 26 - MARCH 4, 2021 • PUBLISHED WEEKLY
FOCUS
ON EMBRACING TSALKA Local Action Group (LAG) and CENN working together to awaken the potential of Tsalka with EU financing
PAGE 8
PRICE: GEL 2.50
In this week’s issue... PM Garibashvili: It’s Time to Unite POLITICS PAGE 3
US President Biden to be Tested as Russian Pipeline Resumes POLITICS PAGE 4
EU ENPARD Supported Project in Keda and Khulo Summarize Four Years of Success! BUSINESS PAGE 6
On USAID’s Yes-Georgia Program: Supporting Women’s Empowerment BUSINESS PAGE 6
BTU: First Georgian University to Become a Member of the MIT Entrepreneurial Network BUSINESS PAGE 8
JSC Iberia Refreshments: Resilient Leadership throughout the Coronavirus Crisis
How Restaurants are Fighting Food Waste: Interview with Mama Terra
INTERVIEW BY ELENE DZEBISASHVILI
British International School of Tbilisi Announces Scholarship Programme 2021-22
T
he national leader in Georgia’s soft drink manufacturing industry since 2004, JSC Iberia Refreshments is engaged in bottling and selling carbonated soft drinks owned by the world's major beverage manufacturer PepsiCo, under the trademarks of Pepsi®, 7UP® and Mirinda®. JSC Iberia also owns exclusive sale and distribution rights for PepsiCo’s non-carbonated soft drink brands: Lipton Ice Tea and Fruktovy Sad. But what many do not yet know is that the firm produces its own top-notch non-alcoholic beverages, such as Georgian Lemonade and Max Power Energy Drink. JSC Iberia Refreshments is part of Revery Group, an international investment firm that operates in Food & Beverages, Venture Capital and Public Markets. Revery’s mission is focused on sustainable long-term value creation by way of optimizing businesses and brands to fulfill their true potential. To understand how the company has dealt with the current crisis, GEORGIA TODAY spoke with Raikhan Aubakirova, Market lead of Iberia Refreshments PepsiCo bottler in Georgia. Continued on page 5
SOCIETY PAGE 9
SOCIETY PAGE 10 CULTURE PAGE 11 Prepared for Georgia Today Business by
Markets As of 22ͲFebͲ2021
STOCKS
Price
w/w
m/m
BONDS
Price
w/w
m/m
Bank of Georgia (BGEO LN)
GBP 10.76
Ͳ6,3%
Ͳ9,4%
GEOROG 04/21
100.36 (YTM 4.55%)
Ͳ0,3%
Ͳ0,2%
Georgia Capital (CGEO LN)
GBP 5.15
Ͳ2,1%
Ͳ1,9%
GEORG 04/21
100.63 (YTM 2.11%)
Ͳ0,1%
Ͳ0,5%
TBC Bank Group (TBCG LN)
GBP 11.14
Ͳ11,2%
Ͳ10,9%
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
GRAIL 07/22
107.13 (YTM 2.47%)
Ͳ0,0%
+0,6%
GEBGG 07/23
106.41 (YTM 3.23%)
+0,6%
+0,8%
CURRENCIES
Price
w/w
m/m
Price
w/w
m/m
65,24
+3,1%
+17,7%
GEL / USD
3,3079
+0,5%
+0,3%
1 809,67
Ͳ0,5%
Ͳ2,5%
GEL / EUR
4,0213
+0,7%
+0,1%
GEL / GBP
4,6511
+1,7%
INDICES
Price
w/w
m/m
GEL / CHF
3,6925
Ͳ0,2%
Ͳ1,0%
FTSE 100
6 612,24
Ͳ2,1%
Ͳ1,2%
GEL / RUB
0,0445
Ͳ0,9%
+1,6%
+3,0%
FTSE 250
20 981,09
Ͳ2,0%
+1,9%
GEL / TRY
0,4712
Ͳ0,3%
+5,9%
DAX
13 950,04
Ͳ1,1%
+0,5%
GEL / AZN
1,9458
DOW JONES
31 521,69
+0,2%
+1,7%
GEL / AMD
0,0063
Ͳ
Ͳ1,6%
NASDAQ
13 533,05
Ͳ4,0%
Ͳ0,1%
GEL / UAH
0,1186
+0,1%
+1,2%
166,12
Ͳ3,0%
+1,1%
EUR / USD
0,8225
Ͳ0,2%
+0,1%
MSCI EM EE
+0,5%
+0,2%
Ͳ2,8%
+0,3%
Ͳ1,1%
Ͳ2,7%
SP 500
3 876,50
Ͳ1,5%
+0,9%
CHF / USD
0,8961
+0,7%
+1,2%
MSCI FM
2 560,71
Ͳ0,8%
Ͳ1,0%
RUB / USD
74,3075
+1,3%
Ͳ1,3%
GT Index (GEL)
1 582,68
Ͳ
Ͳ
TRY / USD
7,0189
+0,8%
Ͳ5,4%
GT Index (USD)
1 208,13
Ͳ
Ͳ
AZN / USD
1,6988
Ͳ
Ͳ0,2%
MSCI EM
1 397,67
GBP / USD
0,7110