Israeli business returns to Georgia
Georgia, Tbilisi, Dec. 21 / Trend N. Kirtskhalia /
Israeli brand of hotel chain RIXOS enters the Georgian market, the Georgian-Israeli Business Chamber said on Wednesday.
According to the information, representatives of RIXOS company will sign the agreement with the Georgian side on Wednesday.
"After a global crisis and a pause for several years, thanks to this project Israeli investments again return to Georgia," president of the Georgian-Israeli Business Chamber Itsik Moshe said. "The return of the Israeli business to Eastern Europe begins from Tbilisi."
The success of the project will be an incentive and a kind of symbol of developing business relations between Georgia and Israel," the statement said.
It should be stressed that the process of intensifying the Georgian-Israeli relations began after the Georgian president pardoned two Israeli businessmen - Roni Fuchs and Zeev Frenkiel. They were accused of bribery and convicted by the Georgian court.