Home / 2019 / March / 06

Daily Archives: March 6, 2019

Georgian Wine Exports Grow by 13%

In January-February 2019 Georgia exported 12.2 million bottles (0.75 l) of wine, up 13% year on year. Total value of the exports constituted 30 million USD, up 21% year on year. The information was released by National Wine Agency. According to the Agency, Georgian wine exports has increased to the …

Read More »

GPI Holding Announces Share Capital Increase to GEL 27 mln

March 6, 2019, Tbilisi, Georgia: According to GPI Holding’s Supervisory Board decision the share capital of the company has been increased by GEL 6 mln and now equals to GEL 27 mln.   The mentioned decision was made on the Supervisory Board meeting in December, 2018 and was executed the same …

Read More »

Passenger Turnover at International Airports of Georgia Rose by 25%

According to the information spread by Georgian Airpots Assocaition, in January-February Georgia-based airports handled 625 236 passengers, up 25% as compared to January-February 2018 (500 687 passengers). All three international airports of Georgia recorded an upturn in passenger turnover. Namely, in February Tbilisi International Airport served 238 445 passengers, up …

Read More »

Georgia’s New History in 30-Year Biography of ARCI (Part V)

The stories that ARCI company has passed through reflect the 30-year history of Georgia. These stories are full of admiration, bravery, doubts, fear, risks, devotion, misery, feeling of despair and achievements – ARCI has turned 30. Architect Irakli Rostomashvili continues to tell us about the story of the Company “Arci”: …

Read More »

Prime Minister: Roadmap will Help Resolve Current Economic Challenges

Georgia is a leading country in Eastern Partnership, Georgian Prime Minister Mamuka Bakhtadze noted at the news conference, which was held after the EU-Georgia Association Board meeting. At the meeting the Georgian delegation introduced a government roadmap for Integration in EU and for consolidating our reforms along with all cooperation …

Read More »

Where and How Many – Taxes in Georgia, CIS Space and Worldwide

One of the liberal and attractive systems – this is how international organizations and experts characterize Georgia’s taxation system. Georgia ranks 6th among 190 countries of the world in the Doing Business rating thanks to low taxes, economic experts say. Under the Tax Code adopted in 2005, only 6 taxes …

Read More »