EFSE and Lazika Capital form a new partnership to advance local currency lending in rural Georgia

Published in Economics
Thursday, 13 January 2022 14:07

Luxembourg and Tbilisi, 29 December 2021 - The European Fund for Southeast Europe (EFSE) has committed to provide USD 2.5 million equivalent in Georgian lari (GEL) to its new partner, Lazika Capital, to expand access to finance in local currency for the underserved micro and small size enterprises (MSEs), including individual entrepreneurs, farmers and agricultural producers in rural Georgia.  

As a microfinance organization serving over 15,000 rural and semi-urban MSEs, Lazika Capital is well positioned to channel responsible financing to the target group in an effective and impactful way. By obtaining financing in Georgian lari, the micro and small enterprises can fund their growth and increase their business resilience, viability and stability in the longer run, while being protected from the exchange rate fluctuations – a risk that can materially compromise operations.

EFSE Board Chairperson Klaus Müller said, “Lazika Capital is a promising partner in joining efforts with EFSE to increase the level of financial intermediation and economic development in rural Georgia. This investment will expand the capacities of Lazika Capital to finance the underserved groups, thus contributing to furthering EFSE’s mission to promote economic prosperity in the region.”

“Since Lazika‘s creation and still, we have been very much committed to bringing something more added value than just access to finances. And the fact that we are well noted by EFSE, is a honor and additional motivation for us,” said CEO of Lazika Capital, Besik Shengelia.

Through this investment, Lazika Capital is expected to contribute towards the achievement of SDG 1: No Poverty, SDG 2: Zero Hunger, and SDG 10: Reduced Inequalities.

 

Prime Minister of Georgia Met US Congressmen Visiting Georgia on His Invitation

Published in Politics
Tuesday, 07 September 2021 14:12

Irakli Garibashvili, Prime Minister of Georgia met US Congressmen visiting Georgia on his invitation today.

Meeting held at the Government Administration was focused on the highest level of strategic partnership between the United States and Georgia, which is once again evidenced by the growing cooperation between the two countries.

Congressmen visiting Georgia are co-sponsors of the Georgia Support Act initiated at the House of Representatives in the US Congress, for which the Prime Minister of Georgia expressed his gratitude.

US support in the institutional building of Georgia, increased capability of defense, implementation of democratic reforms has been highlighted at the meeting. It was also noted that Georgia continues to carry out reforms for the consolidation of democratic achievements in cooperation with US and other western partners.

The Prime Minister of Georgia expressed gratitude to US Congressmen for the bipartisan support to the sovereignty and territorial integrity of Georgia, in peaceful conflict resolution, non-recognition policy and Euro-Atlantic aspirations of Georgia.

Discussions were also related to the local elections, thereby noting that Georgia stands ready to hold them in a free, fair and transparent manner. It was also noted that the Government of Georgia welcomes the active engagement of international observers in the election process and stands ready to admit as many organizations of such mandate as possible.

Black Sea security was also reviewed at the meeting. It was noted that Georgia remains to be a reliable partner of the USA in the region.

Topics discussed at the meeting included the current situation in the occupied territories of Georgia. It was noted that in the conditions of complicated situation, unlawful occupation of Georgian territories by Russia, uninterrupted provocations and borderisation, visit of US Congressmen is particularly important for the country. Focus was made on the significant role of Georgia in the international security and peace operations. Particularly noteworthy was the crucial role of Georgia in the emergency evacuation of people from Kabul.

Economic relations between the USA and Georgia were also discussed. It was noted that further advancement of trade and economic relations with the United States, as well as the launch of negotiations on free trade with the United States are among the top priorities of the Government of Georgia.

Readiness was expressed at the meeting towards continuing the close cooperation between the USA and Georgia both at the executive and legislative levels for the extension and deepening of the strategic partnership.

Delegation of US Congressmen included: Alexander Xavier Mooney for West Virginia, Bryan George Steil for Wisconsin, Kelly Michael Armstrong for North Dakota, Carol Miller for West Virginia, Rep Ron Estes for Kansas. US Congressmen represent various committees. Visit has been organized by the US-Georgia Friendship Association. It also includes the Association President and Honorary Consul of Georgia in San-Diego Melory Tsipuria.

Meeting held at the Government Administration was attended by David Zalkaliani, Deputy Prime Minister and Minister of Foreign Affairs of Georgia; Ilia Darchiashvili, Head of Government Administration; Giorgi Tsikolia, Plenipotentiary and Extraordinary Envoy of Georgia to the United States of America.

Press Service of the Government Administration

From September 7 through September 18 multinational exercise Noble Partner 2020 will be held at the Vaziani military base

Published in military
Wednesday, 26 August 2020 14:20

From September 7 through September 18 multinational exercise Noble Partner 2020 will be held at the Vaziani military aerodrome, the Vaziani drill ground and the Norio training area. Noble Partner 2020 will be officially opened at IV Mechanized Brigade, Vaziani on September 7. Prior to the official opening ceremony of NP20, an airborne operation will occur at VTA on September 1 by the 173rd Airborne Brigade (US) using C-130 Hercules aircraft.

Noble Partner is a cooperatively-led multinational training exercise in its fifth iteration which is aimed to enhance Georgian, U.S. and partner forces readiness and interoperability, as well as to contribute in maintaining stable and secure environment over the Black Sea region. That’s why the main message of the Noble Partner is - “Strength through Partnership”.

This year totally more than 2700 military servicemen from Georgia, USA, the UK, Poland and France will participate in multinational training. Together with the armored and combat vehicles, as well as artillery systems being in the armament of the Georgian Defense Forces, U.S. air support and armored vehicles will be engaged in the training.

The scenario of the combined multinational exercise includes command, staff and field training with live fire, engagement of maneuver and combat support elements in stability, defensive and offensive operations.

Three (3) media days are scheduled within Noble Partner 2020:

September 1 – 173rd Airborne Brigade’s airborne operation.

September 7 - Official opening ceremony of the exercise;

September 18 – DV Day/Closing ceremony

Media representatives interested in covering the above-mentioned events should apply for accreditation at the Ministry of Defense of Georgia starting from August 26 and ending on August 28 at 18:00 local time. Separate accreditation cards will be issued before each event.

For accreditation, please send the data requested below to the e-mail address: This email address is being protected from spambots. You need JavaScript enabled to view it.

A new partnership initiative to support primary health care launched in Georgia

Published in Health
Tuesday, 11 August 2020 16:58

A new partnership initiative to support primary health care launched in Georgia.

"Focusing and improving Georgia's primary healthcare is one of our top priorities" - Czech Ambassador to Georgia H.E. Petr Mikyska said at the signing ceremony of the Memorandum of Cooperation between the Czech Development Agency (CzechAid) and UNICEF Georgia. The Memorandum was signed by the Ambassador on behalf of the Czech Development Agency and the Director of UNICEF Georgia Mr. Ghassan Khalil. Mrs. Tamar Gabunia, First Deputy Minister of Internally Displaced Persons from the Occupied Territories, Labour, Health and Social Affairs of Georgia, witnessed the signature.

Within the framework of the Memorandum, the Czech Development Agency and UNICEF unite their forces to support the strengthening of primary health care in Georgia, expanding the original CzechAid project (focused mainly on the adult population) to children, youth and maternity. The project was conceived in close cooperation with Georgian authorities, reflecting the urgent needs in this field.

In total, 46 primary health care facilities will be covered by the project, including 146 village doctors and nurses in Dusheti and Zugdidi municipalities. Project duration is from May 2020 till June 2023, with total funding by the Czech Government via CzechAid of 1.25 million EUR and UNICEF contribution of 70 000 USD with future expansion of around 85 000 USD.

President of Turkmenistan and Prime Minister of Japan specify priorities of the interstate partnership

Published in World
Sunday, 27 October 2019 15:39

The meeting of President of Turkmenistan Gurbanguly Berdimuhamedov and Prime Minister of Japan Shinzō Abe had a meeting in the Akasaka Hotel in Tokyo.

Welcoming the distinguished guest, the Prime Minister of Japan thanked the President of Turkmenistan for accepting the invitation to visit Tokyo and taking part in the festivities on occasion of Emperor Naruhito’s accession to the throne as well as for the attention paid to issues of interstate relations. Moreover, the high interest of the Land of the Rising Sun in the further development of mutually beneficial cooperation with Turkmenistan was confirmed.

Prime Minister Shinzō Abe also thanked President Gurbanguly Berdimuhamedov for the trust placed in Japanese companies, working on the Turkmen market and participating in major projects.

Thanking for the cordial welcome, the President of Turkmenistan noted that he was happy with the opportunity to meet with the head of the Japanese government. The Turkmen leader congratulated Prime Minister Shinzō Abe and the people of Japan congratulations on Emperor Naruhito’s accession to the throne.

Expressing satisfaction with the new dynamics of bilateral cooperation, President Gurbanguly Berdimuhamedov expressed gratitude to Prime Minister Shinzō Abe for his personal attention and keen participation in the development of Turkmen-Japanese relations.

According to President Gurbanguly Berdimuhamedov, Turkmenistan and Japan efficiently cooperate in the format of international structures that is proved by the mutual support of constructive initiatives and proposals put forward within the framework of authoritative organizations of global and regional scale.

Specifying trade and economic relations as one of the priorities of the bilateral partnership, the President emphasized that at present, Turkmenistan and Japan had built up strategic and long-term cooperation in this area. That is vividly exemplified by the successfully implemented projects for the construction of oil and gas and gas chemical complexes.

At the same time, the Turkmen-Japanese dialogue is successfully developing in the cultural, scientific and educational fields. President Gurbanguly Berdimuhamedov noted that our country welcomed the intensification of these contacts and gratefully accepted the assistance provided by Japan in training of specialists.

During the meeting, President Gurbanguly Berdimuhamedov and Prime Minister Shinzō Abe exchanged views on the prospects of the Turkmen-Japanese partnership.

At the end of the meeting, President Gurbanguly Berdimuhamedov and Prime Minister Shinzō Abe expressed confidence in expanding interstate cooperation and exchanged good wishes to each other, as well as to the peoples of the two countries.

The state news agency of Turkmenistan

Multinational Exercise Agile Spirit 2019

Published in military
Monday, 22 July 2019 12:54

From July 27 through August 9, Georgia will host the most large-scale multinational military exercise Agile Spirit 2019. The exercise will officially be opened at II Infantry Brigade in Senaki on July 27.

Agile Spirit 2019 is being conducted in Georgia for the ninth time and is aimed to enhance interoperability, train and improve operational capabilities of exercise participants during planning and execution of operations in real time within multinational environment; as well as making contribution in maintaining stable and secure environment over the Black Sea region. That’s why the main message of the Agile Spirit 2019 is - “Strength through Partnership”.

This time the exercise will be held on three locations – II Infantry Brigade in Senaki, Orpolo and Vaziani fire ranges. More than 3000 military servicemen of NATO member and partner countries will participate in Agile Spirit 2019.  The following 14 countries are engaged in the exercise: Georgia, USA, UK, Latvia, Lithuania, Poland, Norway, Belgium, Bulgaria, Greece, Montenegro, Romania, Turkey and Ukraine.

The scenario of the combined multinational exercise includes command, staff and field trainings with live fire, engagement of maneuver and combat support elements in defensive and offensive operations.  

Media representatives interested in covering the above-mentioned multinational exercise should apply for accreditation at the Ministry of Defense of Georgia starting from July 20 and ending on July 25 at 18:00 local time.  Separate accreditation cards will be issued before each of the events.

For accreditation, please send the data requested below to the e-mail address: This email address is being protected from spambots. You need JavaScript enabled to view it.

Marlink and SES Networks Extend Enterprise Services Partnership

Published in World
Monday, 17 September 2018 12:48

Marlink adds fibre-like MEO-enabled connectivity to enterprise portfolio.

Satellite services and solutions provider Marlink has contracted SES Networks’ fibre-like connectivity to enable new low-latency services in its enterprise portfolio, SES announced today. With a highly differentiated range of satellite-based solutions, Marlink is expanding the options and value it offers to meet the evolving demands of its customers.

 The contract enables Marlink to leverage SES’ O3b medium earth orbit (MEO) constellation for big data applications that require fibre-like performance. With round-trip latencies below 150 milliseconds, the performance of MEO-enabled networks is equivalent to that of standard fibre connections, while also providing greater reach and faster deployment times. These high throughput services will complement Marlink’s existing portfolio of geostationary (GEO) services for utilities, renewable energy, oil and gas, civilian governments and other industries.

 “This new agreement contributes to the continuous expansion of capacity and diversity in Marlink’s hybrid network solutions and smart routing, with the low-latency link on the O3b fleet especially attractive as we develop certified and future-proof integrated services for our diverse enterprise customer base,” said Olivier Gommes, Director Technology & Innovation – Enterprise at Marlink.

 “The O3b high-speed connectivity we have been providing for the last four years has been extremely successful in meeting the needs of big data applications. By adding the O3b services to its portfolio, Marlink will now be able to reap the benefits of MEO and offer more differentiated solutions for its customers’ digital transformation plans,” said Simon Gatty Saunt, Vice President, Sales Fixed Data, EMEA at SES Networks.

 

 

US Congress initiates resolution for 100th anniversary of the 1st Republic of Georgia

Published in World
Tuesday, 29 May 2018 11:36

The resolution, which was submitted to the Senate on May 24, reiterates the US support to Georgia and condemns the occupation of historic Georgian lands by Russia.

The authors of the resolution are Senators David Perdue, Ben Cardin and Johnny Isakson.

The resolution supports the partnership between Georgia and the US for defence and security and initiates even higher level of cooperation in the fields. The resolution also encourages more intensive trade and commercial ties between the two countries, based on mutual interests.

The resolution reaffirms US strong support to Georgia’s NATO membership and praises Georgia’s role for international peace and security". 

The  resolution condemns the occupation of Georgian territories by Russia and calls upon the country to withdraw its forces from the Georgian regions of Abkhazia and Tskhinvali (South Ossetia).

The resolution speaks about the severe violation of human rights in and near the occupied territories of Georgia.

EU programme shares useful tools and resources with cultural and creative organisations in Eastern Neighbourhood

Published in Culture
Tuesday, 23 January 2018 10:55

The EU-Eastern Partnership Culture and Creativity programme, which is ending in January 2018, has created a list of useful resources with tools and ideas for solving various daily issues for organisations working in the cultural field.

The list provides links to publications and useful self-learning sources for organisations working in the six Eastern Neighbourhood countries: Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine.

The list can be accessed here.

The Culture and Creativity Programme supported the cultural and creative sectors’ contribution to sustainable humanitarian, social and economic development in the six Eastern Neighbourhood countries between February 2015 and January 2018. The programme covered topics such as cultural leadership, cultural and statistical research, audience development, cultural journalism, advocacy and fundraising.

Find out more

More on the results of Culture and Creativity Programme in Eastern Partner countries

List of opportunities from the programme

EU-EaP Culture and Creativity Programme - website

Globecast Extends Partnership with SES for Distribution Services to Orange Romania

Published in World
Monday, 08 January 2018 17:20

Orange Romania’s DTH TV subscribers will continue to enjoy the largest number of HD channels in the country via ASTRA 31.5 degrees East

Luxembourg, 8 January 2018 – Globecast, the global solutions provider for media, has extended its partnership with SES for the premium TV distribution services it provides to Orange Romania using SES’s satellite capacity.

Under the multi-year extension announced by SES, Globecast will lease several transponders on ASTRA 5B at 31.5 degrees East to serve Orange Romania, which uses the capacity to broadcast 112 channels, of which 52 are in HD, using the DVB-S2 and MPEG-4 technical standards. Globecast manages the contribution, encryption and encoding for the entire TV package, as well as signal transport to the uplink facilities for ASTRA 5B.  

Orange Romania’s premium TV offer was launched in June 2013 with the support of SES, leveraging the high power and wide coverage of the ASTRA 5B satellite to deliver HD channels via the smallest dish in the Romanian market. In a highly competitive TV market, with 98 percent pay-TV coverage and five operating DTH platforms, Orange TV’s satellite platform has grown exponentially since its launch.

“We’ve worked extensively with SES and this is another example of the benefits of this partnership for our customers. In such a competitive market, quality of service is an essential factor in determining success, and we are pleased to extend this specific part of the relationship,” said Biliana Pumpalovic, General Director of Globecast in Moscow.

“This extension agreement highlights the role of satellite as vital infrastructure for telecommunications operators to deliver television packages to their subscribers,” said Martin Ornass-Kubacki, Vice President and Chief Regional Officer, at SES Video. “We have been supporting Orange Romania for its DTH service since the beginning, not only from a technical point of view but also in the area of marketing, to promote their offer to the entire country. We are very pleased to continue working with such an innovative partner and enable them to deliver high-quality service to their consumers.”

 “Our customers’ experience is at the forefront of all the services we supply to our customers, be it the most extensive 4G network in the country or the content that we provide access to. We are proud to bring Orange Love convergent packs to all households by offering satellite television in addition to our fiber offer. The extension of the partnership with Globecast and SES fits right in with this strategy,” said Yves Martin, Chief Marketing Officer at Orange Romania.

About Globecast

Globecast helps customers to manage content and to deliver it wherever, however and whenever required. The company provides agile and seamless content acquisition, management and distribution services globally, constantly innovating and investing in new technologies to create customer-centric new services. Globecast has created the number one global hybrid fiber and satellite network for video contribution and distribution. It delivers any type of video service including: TV Everywhere OTT, satellite, cable, video-on-demand and CDN delivery using cloud-enabled media solutions. It supplies Content Acquisition, Aggregation and Distribution (CAAD) services to over 110 networks.

www.globecast.com | LinkedIn | Twitter

About SES

SES is the world-leading satellite operator and the first to deliver a differentiated and scalable GEO-MEO offering worldwide, with more than 50 satellites in Geostationary Earth Orbit (GEO) and 12 in Medium Earth Orbit (MEO). SES focuses on value-added, end-to-end solutions in two key business units: SES Video and SES Networks. The company provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions. SES’s portfolio includes ASTRA, O3b and MX1, a leading media service provider that offers a full suite of innovative digital video and media services. SES is listed on the Euronext Paris and Luxembourg Stock Exchange (ticker: SESG). Further information available at: www.ses.com

For further information please contact:

Markus Payer

Corporate Communications & PR

Tel. +352 710 725 500

This email address is being protected from spambots. You need JavaScript enabled to view it.

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About Orange Romania

Orange is the mobile telecom leader in Romania with 10.331.000 customers and revenues of 277,2 million euros on September 30th 2017. Orange Romania is part of the Orange Group, one of the world’s leading telecommunications operators, with over 269 million customers worldwide. Orange Romania offers a wide range of communications solutions to its customers, both individual users and companies, from basic services to voice, data, fixed and mobile complete services, as well as TV services. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan “Essentials2020” which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks. More details about the company's products and services are available at www.orange.ro.

 

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