“E-Commerce Will Grow by 100% Per Year” INTERVIEW with VERA PLATONOVA, SENIOR VICE PRESIDENT and GROUP COUNTRY MANAGER for VISA CISSEE
Total Page:16
File Type:pdf, Size:1020Kb
Denmark, Sweden, Switzerland Give $14 Does Marriage Million To UN Aid For Still Matter? Eastern Ukraine ANI LORTKIPANIDZE, GORBI See on p. 14 See on p. 8 11 February, 2019 News Making Money http://www.fi nchannel.com Tbilisi Preparing to Host Counting on 20 Grammy Award Winner “E-commerce will grow Commodity at 22nd Jazz Festival by 100% per year” Prices Is The FINANCIAL Tbilisi State Conservatoire or- Risky, Says chestrated by Revaz Kiknadze Country Manager for Visa development and operation- will participate in the Festival. Georgia is the CISSEE. Platonova, who al management. Platonova rom the 28th of Febru- nd New Report The 22 Jazz Festival will 2nd country worked for Visa from 2007- joins Visa from MasterCard, ary to the 2nd of March have its grand opening in the 2010 in Ukraine, now over- where she was the General this year Tbilisi will in the World State Conservatoire, with the sees all Visa operations in Manager for the company’s from BCG host the 22nd Jazz Fes- on the number new project Tbilisi Big-Band seventeen markets across representative offi ce in tival, this time head- of contactless The FINANCIAL & New Jazz Generation. This Eastern Europe, Central Asia Ukraine, Moldova, Georgia Flined by none other than 20 will be an event where the transactions and Southeast Europe, and and Central Asia for more Grammy award winner, the younger generation of jazz reports to Visa’s Regional than eight years. legendary American guitar mid growing musicians will meet their Eva BOLKVADZE President of CEMEA, An- The report analyzes the key player Pat Metheny. Tbilisi economic uncer- predecessors to create a tasty drew Torre. drivers of total shareholder Symphony Orchestra, con- The FINANCIAL tainties, mining musical jam. Platonova is a highly ex- return for 63 leading mining ducted by Vakhtang Kakh- companies need perienced executive in the companies. After the severe idze, Tbilisi Big-Band and the to develop value isa in September payment systems and retail downturn from 2011 through students of the jazz faculty of Continued on p. 4 Acreation strategies that are announced Vera banking sectors. Her sev- 2015. independent of commod- Platonova as its enteen-year career includes ity prices and enable them to Senior Vice Presi- strategy development and pursue value creation from Landmark Bakuriani – dent and Group implementation, business Continued on p. 6 V multiple angles. So says a new report from Boston Consult- Enjoy Skiing Year Round ing Group (BCG). The FINANCIAL ing, whose architects came January 2019: Post- Continued on p. 6 up with a creative concept and decided to turn the roof- ho doesn’t ab- top of the building into a ski Christmas Hangover? solutely love track. CURRENCIES skiing? Well, The track is covered with a ISET random people and ask them period, and there’s not much the great news special material so that it can tons of questions. During a re- money left for comfortable trips Feb 9 Jan 19 for all ski lovers work every season, no matter cent taxi ride, after I asked the after the traditional “Supras”, as Wis that in 2020 Landmark Ba- the temperature or weather eing a researcher is not driver how his business was go- well as the recently introduced 1 USD 2.6461 2.6573 kuriani will be open and ready conditions. only my job, it is my ing, he told me that the demand “Secret Santa” gift exchanges. 1 EUR 2.9996 3.0123 to host fans of the sport. way of life. Every time for taxis had fallen signifi cantly 100 RUB 4.0075 4.0221 Landmark Bakuriani is a I get the chance, I start in January. He also added that hotel-type apartment build- Continued on p. 4 Bconversations with January is typically a harsh Continued on p. 2 1 TRY 0.5039 0.5033 © 2019 The FINANCIAL. INTELLIGENCE BUSINESS PUBLICATION WRITTEN EXPRESSLY FOR OPINION LEADERS AND TOP BUSINESS DECISION-MAKERS 2 HEADLINE NEWS & ANALYSIS fi nnancialancial nnewsews 11 FEBRUARY, 2019 | FINCHANNEL.COM CURRENT PRICES ON GASOLINE AND DIESEL 11 FEBRUARY, 2019, GEORGIA Prices in GEL Prices in GEL Prices in GEL Prices in GEL Prices in GEL G-Force Super 2.63 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 2.49 Eko Premium 2.57 G-Force Euro Regular 2.41 Super Ecto 2.55 Nano Premium 2.48 Efi x Euro Premium 2.57 BUSINESSTRAVELCOM 11 February, 2019 Eko Diesel 2.63 Premium Avangard Ecto 2.44 Nano Euro Regular 2.38 Euro Regular 2.49 Euro Regular 2.35 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: 6 (640) 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, copyrighted designs, combination of January 2019: Post-Christmas Hangover? headline fonts, or other brand features, please contact publisher. “&” is the copyrighted symbol used eing a researcher is not Table 1: Monthly change in Consumer Confi dence (in index points), in groups by questions: January 2019 by The FINANCIAL only my job, it is my way FINANCIAL (The FINANCIAL) is registered of life. Every time I get the trade mark of Intelligence Group ltd in Georgia and Ukraine. Trade mark chance, I start conversa- registration by Sakpatenti - Registration tions with random people date: October 24, 2007; Registration Band ask them tons of questions. N: 85764; Trade mark registratrion by Ukrainian State Register body - During a recent taxi ride, after I Registration date: November 14, 2007. asked the driver how his business ADVERTISING was going, he told me that the de- mand for taxis had fallen signifi - All Advertisements are accepted subject to the publisher’s standard conditions of cantly in January. He also added insertion. Copies may be obtained from that January is typically a harsh advertisement and marketing department. Please contact marketing at: period, and there’s not much marketing@fi nchannel.com money left for comfortable trips see fi nancial media kit online Index after the traditional “Supras”, as Expectations www.fi nchannel.com well as the recently introduced Download RATE CARD “Secret Santa” gift exchanges. After the conversation, I won- dered whether this phenomenon Overall CCI might be refl ected in our CCI in- dex. At fi rst glance, I found that Index his story seemed to be supported Present Situation by the numbers. Looking carefully at fi gure 1, almost every Janu- ary seems to be characterized by a drop in consumer confi dence. DISTRIBUTION Fortunately, this year the drop The FINANCIAL distribution network was not signifi cant, at just 1.1 in- covers 80 % of key companies operating dex points. While the reduction in Georgia. 90 % is distributed in Tbilisi, in the expectations index (by 5.3 Batumi and Poti. Newspaper delivered free of charge to more than 600 companies and points) – measuring the expecta- their managers. tions for the coming 12 months To be included in the list please contact – outweighed the growth of the distribution department at: temuri@fi nancial.ge present situation index (by 3.1 points). CONTACT US However, it is not clear wheth- EDITOR-IN-CHIEF er January’s overconsumption ZVIAD POCHKHUA should be blamed for this recur- E-MAIL: editor@fi nancial.ge rent phenomenon. When looking editor@fi nchannel.com Phone: (+995 32) 2 252 275 at the monthly change in index points (January compared to De- Expectations HEAD OF MARKETING DEPARTMENT cember) by survey questions and Index SOPHO PKHAKADZE E-MAIL: marketing@fi nancial.ge groups, it is clear that people are marketing@fi nchannel.com more concerned with the general Phone: (+995 32) 2 252 275 / EXT: 1 situation in the country rather SALES than their own condition. It is no- Present Situation NANUKA BERIDZE table that expectations related to Index n.beridze@fi nancial.ge Phone: (+995 595) 488 886 unemployment, infl ation and the OMAR KHOPERIA general economy are considerably Phone: (+995 592) 072 159 o.khoperia@fi nancial.ge more negative in January than in December. COMMERCIAL DIRECTOR Another topic we would like LALI JAVAKHIA E-MAIL: commercial@fi nancial.ge to emphasize is a very interest- commercial@fi nchannel.com ing phenomenon which has been Phone: (+995 558) 03 03 03 observed ever since ISET Policy HEAD OF DISTRIBUTION DEPARTMENT Institute started calculating the TEMUR TATISHVILI index. E-MAIL: temuri@fi nancial.ge Figure 2 and fi gure 3 reveal that Phone: (+995 599) 64 77 76 people from the regions are con- COMMUNICATION MANAGER: sistently more optimistic about EKA BERIDZE the future (relative to the present) Phone: (+995 577) 57 57 89 compared to their peers in Tbilisi. COPY EDITOR: However, their assessments of IONA MACLAREN the present and expectations for MAILING ADDRESS: the future tend to coincide with 17 mtskheta Str.