Economy

Prime Minister: Enterprise Georgia Program Faces Technical Problems

The Enterprise Georgia program operates effectively, but there are certain technical difficulties, Prime Minster Giorgi Gakharia noted when delivering his speech at the parliament on June 26.

TBC Capital Presents Renewed, Third Study on COVID 19 Impact on Georgian Economy

TBC Capital has hosted an online conference to assess the impact of COVID 19 on the economy and business sectors.

Restrictions on Regular Air Traffic Extended until July 31

The restriction on the implementation of international regular air traffic has been extended to July 31, 2020 (31.07.20).

Austrian OMV Starts Oil and Gas Mining Works in Georgia

Austrian Oil Company OMW has decided to start oil and gas reconnaissance-extraction works. The corresponding contract with the Company will be signed soon.

Georgian Strawberry and Berry Go to the USA

Founded with the government’s financial support, LLC Glenberries Company exports Georgian products to several countries.

Georgia Holds Sustainable Energy Week to Achieve EU's Climate and Energy Goals

On June 22-26, Georgia is holding a Sustainable Energy Week.

G&T: Georgia has Potential to Replace Imports of About $ 850 Million

Georgia has the potential to replace imports of about $ 850 million by promoting agriculture and construction, as well as diversifying exports.

E-commerce Shrinks by 17% in May

Amid the COVID-19 pandemic, the value of goods and services sold in the E-commerce platform has declined, instead of expected growth.

Road Department Wins Lawsuit against Sinohydro Corporation Limited

The Road Department of Georgia has won a legal dispute against its contractor company Sinohydro Corporation Limited regarding the agreement on Kobuleti Bypass Road Construction, signed on November 26, 2012.