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Chinese Consortium Plans to Launch Oil Extraction in Georgia

Chinese companies are interested in conducting oil search/extraction works in Georgia. A Chinese consortium that unites several Chinese companies has taken part in the international tender announced by Georgian Oil and Gas Corporation (GOGC) on April 3. These companies are: LLC West Gulf Petroleum Engineering Company, LLC China New Start …

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Georgian Tea-producing Company Modernizes and Expands

With funding from the European Union under the EU4Business initiative, the European Bank for Reconstruction and Development (ERBD) helped Geoplant, a tea-producing company in Georgia, expand into a one-stop-shop for the entire tea production process. Founded in 1996, “Geoplant” Ltd. is currently the largest tea-producing company in Georgia. The company owns …

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Georgia to Develop E-Commerce Strategy

The Ministry of Economy and Sustainable Development of Georgia has started to work on developing e-commerce strategy with the support of the EU and German International Cooperation Society (GIZ) “Small and Medium Business Development and DCFTA in Georgia”. The strategy aims to identify products with high potential in this direction …

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BIA Hosts International Business Forum for the Second Time

Equipment suppliers exhibition and lease finance forum will be held organized by ”BIA”, supported by ”Leasing Association Georgia” on October 17. The aim of the forum is to develop all branches in Georgia and create a solid platform for business to enhance connections around the world and to share the latest …

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Twin Brothers’ Business in Depopulated Village of Racha Region

Agriculture is the most ancient form of doing business that satisfies the need of food products. Consequently, in many countries agriculture is a leading sector of economy. According to Geostat, national statistics service of Georgia, as of June 1, 2017, agriculture, hunting and forestry sector recorded 6423 business entities, including …

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Entrepreneur of the Week – Glass Art Studio

“Our studio-workshop launched operation in September 2016. We decided to develop a product that would grow popular on daily basis and our clients would be content by quality and appearance of purchased product. -What has inspired you to develop this startup? -Key objective and stimulator of Glass Art Studio was …

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