Economy

GOGC to Build Third Steam Power Plant in Gardabani

To this end, the company has already started preparing feasibility studies.

Georgia’s Berry Exports Hit 977 000 USD – Exporter Companies and their Objectives

In January-November 2019, Georgia exported 977 000 USD berry abroad.

Economic growth in November was 6.4%

According to preliminary estimates, GDP growth was 6.4 percent in November 2019, compared to the same period a year earlier, and average real growth in the first eleven months of 2019 was 5.3 percent.

Georgia’s PM sums up results of 2019

Georgia’s PM says, occupation, unfortunately, remains as the most important challenge in Georgia.

PM: Employment Rate is the main Challenge for the Country

The employment rate is a huge challenge for the country, Georgian Prime Minister Giorgi Gakharia said at the last government meeting.

TBC Bank Attracted 65 Million GEL from EBRD

JSC TBC Bank ("TBC Bank") has signed three loan agreements totaling USD 65 million equivalent in Georgian Lari (GEL) with the European Bank for Reconstruction and Development (EBRD).

Georgian Railway sees Freight Turnover by 8%

Freight turnover of Georgian Railway increased by 8% in 2019 compared to 2018. Davit Peradze, General Director of Georgian Railway stated this in an interview with Giorgi Isakadze, Chief Editor of Forbes Georgia.

Georgia's foreign debt decreased by $ 433.5 million in three months

Georgia's total foreign debt as of September 30, 2019 totaled $ 17,797 billion, which is $ 433,567 million lower than in the previous quarter, though up by $ 491 318 million over the same period last year.

Natia Turnava: Development of Maritime Transport Sector will Increase Employment Opportunities

Minister of Economy and Sustainable Development of Georgia, Natia Turnava, heard the annual report of the Maritime Transport Agency of Georgia and information on the future plans.