Economy

Socar Feeds Filling Stations With Solar Energy

SOCAR’s activity in Georgia has been invariably based on 5 key standards of Corporate Social Responsibility – developing the young, women’s rights, support to the elderly and to the disabled, industrial safety, and environment.

Georgia’s Economic Growth Hit 4% in March 2021

Following a significant plunge in January-February 2021, the Georgian economy recorded a 4% upturn in March.

Government Asks EU Energy Union to Engage in Discussions over Namakhvani HPP

The Government of Georgia has decided to involve EU Energy Union’s Center for Disputes Resolution and Negotiations in the dialogue with the Georgian non-governmental sector.

Tbilisi Balneological Resort Records Growing Demand for Post-COVID Rehabilitation Services

The demand for special post-COVID rehabilitation services at Tbilisi Balneological Resorts keeps growing.

Energy Fund to Build Four Wind Power Stations in Georgia

The Georgian Energy Development Fund (GEDF) plans to build four wind power stations in Georgia. As

Zurab Nogaideli: Regulatory Hydro Power Plants will Keep Energy System Effective

Georgia’s energy system is one of the most effective systems in the neighborhood, including, as compared to Russia’s energy system.

Government Approves New Projects – Four Small Enterprises and Investments of GEL 4.4 Million

The Government of Georgia has approved a program for developing 4 small enterprises, Georgian Economy Minister Natia Turnava noted on April 26.

New Cold-Store Complex Opens in Shida Kartli

A new cold-store complex has opened in the village of Tortiza, Gori Municipality.

GOGC Refinances Eurobonds of $250 Million

JSC Georgian Oil and Gas Corporation (GOGC) has refinanced Eurobonds of $250 million at London Stock Exchange (LSE).