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Nexia TA: Being the Best of 120 Countries

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Nexia TA: Being the Best of 120 Countries THE NATIONAL THE NATIONAL SUPPORTED BY SUPPORTED BANK OF GEORGIA BANK 18 March, 2019 News Making Money http://www.fi nchannel.com Are We Ready for Vakhtang Nexia TA: Being the Butskhrikidze New Paternity Leave becomes recipient of Policies in Georgia? best of 120 countries the magazine By GIORGI MZHAVANADZE Georgia have the opportu- nity to take leave intended ISET FIRST award for childcare. It is a fact that since 2011 the number of fa- The FINANCIAL -- TBC he following blog ar- thers who have taken “child- Bank’s General Director ticle was conceived of care” leave can be counted Vakhtang Butskhrikidze was within the delibera- on just two hands (includ- nominated as one of four win- tions of a project, to- ing the ISET Alumni, Giorgi ners of “The International gether with UNFPA, Balakhashvili). As a future Award for Responsible Capi- Trelated to the cost assess- father this topic proves to be talism 2019” by the interna- ment of potential changes to particularly interesting, and tional organization “FIRST”, the leave policies of working in the following sections London. parents. Admittedly, like the Within the framework of majority of the population, the awards ceremony, her I had no idea that men in Royal Excellence Princess Continued on p. 2 Anne awarded Vakhtang Butskhrikidze with the award “The FIRST Award for Pro- Georgia in top 10 asylum moting Responsible Capital- seekers in the EU ism in Adversity 2019”. The FINANCIAL -- In 2018, of asylum applicants in 2018 See on p. 4 580 800 fi rst-time asylum is comparable to the level re- The FINANCIAL opened branches in more market since 2014. seekers applied for interna- corded in 2014, before the than 120 countries, which are The growth of the Georgian tional protection in the Mem- peaks of 2015 and 2016. accumulating annual revenue subsidiary has been nothing CURRENCIES ber States of the European Syrian (80 900 fi rst-time s the fi nancial ser- of USD 4 billion globally. but spectacular, both from Union (EU), down by 11% applicants), Afghan (41 000) vices sector con- (2018) 2016 to 2017, and from 2017 Mar 15 Mar 9 compared with 2017 (654 and Iraqi (39 600) continued tinues its rapid Under the leadership to 2018 the company has 600) and less than half of the to be the main citizenships of growth on the of a very charismatic trio: shown more 100% growth in 1 USD 2.6864 2.6878 number recorded in the peak people seeking international. Georgian market, Boris Megrelishvili, Davit revenue. 1 EUR 3.0372 3.0396 year 2015 when 1 256 600 ANexia TA strives to become its Lomidze, and Gela Mgheb- 100 RUB 4.1034 4.0740 fi rst-time asylum applicants brightest representative. rishvili, Nexia TA has been were registered. The number Continued on p. 8 Nexia International has operating on the Georgian Continued on p. 5 1 TRY 0.4912 0.4942 © 2019 The FINANCIAL. INTELLIGENCE BUSINESS PUBLICATION WRITTEN EXPRESSLY FOR OPINION LEADERS AND TOP BUSINESS DECISION-MAKERS 2 HEADLINE NEWS & ANALYSIS fi nnancialancial nnewsews 18 MARCH, 2019 | FINCHANNEL.COM CURRENT PRICES ON GASOLINE AND DIESEL 18 MARCH, 2019, GEORGIA Prices in GEL Prices in GEL Prices in GEL Prices in GEL Prices in GEL G-Force Super 2.57 Eko Super 2.64 Super Ecto 100 2.69 Nano Super 2.58 Efi x Euro 98 2.64 GASOLINE PRICES PRESENTED BY G-Force Premium 2.43 Eko Premium 2.57 G-Force Euro Regular 2.35 Super Ecto 2.55 Nano Premium 2.48 Efi x Euro Premium 2.57 BUSINESSTRAVELCOM 18 March, 2019 Eko Diesel 2.63 Premium Avangard Ecto 2.44 Nano Euro Regular 2.38 Euro Regular 2.49 Euro Regular 2.29 Euro Diesel 2.59 HOTEL AND AIRTICKET BOOKING: G-Force Euro Diesel 2.59 Euro Regular 2.29 Nano Diesel 2.40 Efi x Euro Diesel 2.59 Euro Regular 2.49 Euro Deasel 2.49 Nano Euro Diesel 2.53 Euro Diesel 2.53 2 999 662 | SKY.GE Euro Diesel 2.49 Diesel Energy 2.53 ISSUE: 11 (645) CNG 1.49 GNG 1.45 © 2019 INTELLIGENCE GROUP LTD COPYRIGHT AND INTELLECTUAL PROPERTY POLICY The FINANCIAL respects the intellectual property of others, and we ask our colleagues to do the same. The material published in The FINANCIAL may not be reproduced without the written consent of the publisher. All material in The FINANCIAL is protected by Georgian and international laws. The views expressed in The FINANCIAL are not necessarily the views of the publisher nor does the publisher carry any responsibility for those views. PERMISSIONS If you are seeking permission to use The FINANCIAL trademarks, logos, service marks, trade dress, slogans, screen shots, FEWER TOURISTS, CHEAPER KHACHAPURI?! copyrighted designs, combination of headline fonts, or other brand features, please contact publisher. he average cost of cooking “&” is the copyrighted symbol used one standard Imeretian by The FINANCIAL Khachapuri in the second FINANCIAL (The FINANCIAL) is registered month of 2019 decreased trade mark of Intelligence Group ltd in Georgia and Ukraine. Trade mark to 3.54 GEL, 2.2% lower registration by Sakpatenti - Registration Tmonth-on-month (in comparison date: October 24, 2007; Registration N: 85764; Trade mark registratrion to the previous month), and 3.5% by Ukrainian State Register body - lower year-on-year (compared to Registration date: November 14, 2007. the same month of last year). ADVERTISING The Khachapuri Index is driven All Advertisements are accepted subject primarily by the price of cheese, to the publisher’s standard conditions of the main ingredient in khacha- insertion. Copies may be obtained from puri. In February 2019, the cheese advertisement and marketing department. Please contact marketing at: price declined in almost all large marketing@fi nchannel.com Georgian cities, relative to the see fi nancial media kit online www.fi nchannel.com same month of last year. The high- est yearly price decrease (13.5%) Download RATE CARD of Imeretian cheese was recorded in the capital, Tbilisi. For Khacha- puri lovers, Telavi is currently the most expensive city, with Tbilisi taking second place. On average, the price of cheese stands at 7.85 GEL/kg, which is 3.4% lower than the previous month (January 2019), and 6.4% decrease is potentially associated to the Georgian National Tourism Georgia decreased by 0.4% and the lower compared to the same month with the reduction of trips by in- Administration, in February 2019, number of same day trips by 10.7%, DISTRIBUTION of last year (February 2018). This ternational travelers. According the overall number of tourists in compared to the previous year. The FINANCIAL distribution network covers 80 % of key companies operating in Georgia. 90 % is distributed in Tbilisi, Batumi and Poti. Newspaper delivered free of charge to more than 600 companies and their managers. To be included in the list please contact distribution department at: temuri@fi nancial.ge CONTACT US EDITOR-IN-CHIEF ZVIAD POCHKHUA E-MAIL: editor@fi nancial.ge editor@fi nchannel.com Phone: (+995 32) 2 252 275 HEAD OF MARKETING DEPARTMENT SOPHO PKHAKADZE E-MAIL: marketing@fi nancial.ge marketing@fi nchannel.com Phone: (+995 32) 2 252 275 / EXT: 1 Equal Rights Are Not Just for SALES NANUKA BERIDZE n.beridze@fi nancial.ge Phone: (+995 595) 488 886 OMAR KHOPERIA Women: Are We Ready for New Phone: (+995 592) 072 159 o.khoperia@fi nancial.ge COMMERCIAL DIRECTOR LALI JAVAKHIA Paternity Leave Policies in Georgia? E-MAIL: commercial@fi nancial.ge commercial@fi nchannel.com Phone: (+995 558) 03 03 03 By GIORGI MZHAVANADZE HEAD OF DISTRIBUTION DEPARTMENT TEMUR TATISHVILI ISET E-MAIL: temuri@fi nancial.ge Phone: (+995 599) 64 77 76 COMMUNICATION MANAGER: he following blog article EKA BERIDZE was conceived of within the Phone: (+995 577) 57 57 89 deliberations of a project, together with UNFPA, re- COPY EDITOR: IONA MACLAREN lated to the cost assessment Tof potential changes to the leave MAILING ADDRESS: policies of working parents. Ad- 17 mtskheta Str. Tbilisi, Georgia mittedly, like the majority of the OFFICE # 4 population, I had no idea that men PHONE: (+995 32) 2 252 275 in Georgia have the opportunity (+995 32) 2 477 549 FAX: (+95 32) 2 252 276 to take leave intended for child- E-mail: info@fi nchannel.com care. It is a fact that since 2011 the on the web: www.fi nancial.ge number of fathers who have taken daily news: www.fi nchannel.com “childcare” leave can be counted on just two hands (including the ISET Alumni, Giorgi Balakhash- vili). As a future father this topic proves to be particularly interest- ing, and in the following sections I will off er a brief overview of the ex- isting regulations behind Georgian leave policies, compare them with Intelligence Group ltd. 2019 European practices, and underline the economic and social implica- Member of tions of paternity leave. In more developed countries, for mothers and taken just before, health of mothers and newborn working parents are potentially during and/or immediately after children. eligible for three main types of childbirth. This leave is generally Georgian vs. leave: considered a health and welfare European Practices Maternity leave – available only measure, aimed at protecting the Continued on p. 11 HEADLINE NEWS & ANALYSIS 3 FINCHANNEL.COM | 18 MARCH, 2019 ppublicityublicity Advertiser: The Biltmore. Contact FINANCIAL Ad Dep at marketing@fi nchannel.com 4 HEADLINE NEWS & ANALYSIS fi nnancialancial nnewsews 18 MARCH, 2019 | FINCHANNEL.COM Law Report: Injunctions DAVIT TABATADZE GOCHA OKRESHIDZE t is lawyers’ job to help clients eff ect a month before the term the claim.
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