Economy

Global Sustainable Competitiveness Index Ranks Georgia Historic High

According to the Global Sustainable Competitiveness Index, Georgia, with its ranking reaching a historic high, is among the world's top 40 performers (37th place), also leading worldwide in ranking improvement in the past 7 years.

Polish Investors Interested in Georgia’s Energy Sector

Polish businessmen are interested in making investments in Georgia, particularly, in Georgia’s energy sector. Polish Ambassador in Georgia Mariush Mashkevich told Forbes Georgia.

Artificial Lake to Cover Slopes with Snow on Ski Resorts Arranged

According to the United Water Supply Company, the arrangement of new water and sewage infrastructure in the resort areas is actively underway.

August-November Incomes from Persimmon Exports Mark $4.8 million

In August-November 2020, Georgia exported 9,088 tons of persimmons to foreign markets, the Agriculture Ministry reports.

Kulevi Oil Refinery to Cheapen Fuel by 15%-20% in Georgia

Pazis Oil Company is implementing Kulevi high-technology oil refinery project worth over $1 billion.

Georgia’s Apple Exports from August 1 to November 29 Amount to $2.4 million

Georgia exported 5,562 tons of apples to foreign markets from August 1 to November 29, 2020, up 143 times as compared to the same period of 2019.

Top Five Georgian Insurance Companies due to Paid Claims

In January-September 2020, eighteen (18) insurance companies paid claims of GEL 433.2 million.

Geo Sky Starts Operating Cargo Flights from China to Europe

Geo Sky will launch regular cargo flights in the winter of 2020-2021, from December 1st to March 27th, from China to Europe. 

AirBaltic Cancels Riga-Tbilisi Flights Until December 31

The Latvian air company, AirBaltic canceled Riga-Tbilisi-Riga flights till the end of December.