Economy

Georgian Airways Appointed New CEO

Georgian Airways has a new General Director. Roman Bokeria was replaced by David Gaiashvili, who owns 80% of the airline.

ECOENER Plans to Invest $ 150 Million in Georgian Energy Sector

Despite the pandemic and many other difficulties, foreign companies are still interested in the Georgian energy market.

France Imports 45 Tons of Georgian Honey

Samtredia Municipality's state-sponsored enterprise exports honey to France. According to the Ministry of Environmental Protection and Agriculture, 45 tons of honey produced by the company "Apigeo" have already been exported to France.

Poti FIZ: 3 Turkish Companies and 1 Japanese Bank Interested in the Investment Environment

The Turkish Foreign Economic Relations Board (DEIK) and the Poti Free Industrial Zone held a conference in Istanbul on the economic potential of the Poti FIZ.

ENKA Terminates Contract with Government of Georgia; Namakhvani HPP Project Suspended

ENKA Renewable company has terminated the contract with the Government of Georgia.

Japanese Energy Company TEPCO Implements First Investment Project in Georgia

Energy security and energy independence are very important aspects for Japan because the economy and human progress largely depend on energy resources, the Japanese Ambassador to Georgia Imamura Akira noted.

Georgia to Negotiate Free Trade Agreement with UAE

As the first country in the Region, Georgia will negotiate the free trade agreement with United Arab Emirates (UAE) without special studies,

Arab Investment Funds to Implement New Investment Projects in Georgia

Investment Funds of United Arab Emirates (UAE) plan to implement investment projects in Georgia.

SOCAR Loads First Tanker with Bitumen from Kulevi Oil Terminal

The State Oil Company of Azerbaijan (SOCAR) has loaded the first tanker with bitumen from its own oil terminal in Kulevi on Georgia’s Black Sea coastline.