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Daily Archives: July 23, 2018

First Festival of Flying a Kite Takes Place in Batumi

Batumi will host the festival of kites on July 28-29. The festival is being held in Georgia for the first time and aims to promote sport and amateur kiting. Festival organizers, Kitedreams Georgia,  plan to make this event annual. The program will start at 12:00 on the Batumi Coast (across …

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Producer Price Index for Industrial Products in Georgia

In June 2018 the Producer Price Index (PPI) for Industrial Products decreased by 1.1 percent over May 2018 and increased by 6.8 percent compared to June 2017. Prices for manufactured products decreased by 1.3 percent compared to the previous month, resulting in a -1.03 percentage point contribution to the overall PPI …

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State-owned Gas Pipelines Go to SOCAR

State-owned gas pipelines have been handed over to SOCAR Georgia Gas by a direct sales. Under the Government decision, SOCAR Georgia Gas must pay 21.3 million GEL for the gas pipelines, including 8.5 million GEL must be paid within 36 months and the remaining part must be paid in 48 …

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