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Economy

”Georgia Airway” Complains About Uneven Operations on the Market

”Airline that will satisfy the declared conditions will benefit the same terms as Wizz Air”- says the Head Of the Department of Transportation of Civil Aviation Agency with ”Business Course” in response of ”Georgian Airway” accusations. ”Georgian Airways” has complaints to ”Wizz Air” after having one towards Turkish and Russian …

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Georgia’s Foreign Trade Turnover Rose in January-June

In January-June 2017 Georgia’s foreign trade turnover (excluding undeclared trade) constituted 4829.9 million USD, up 13.8% as compared to the same period of 2016. According to Geostat, national statistics service of Georgia, exports constituted 1249.5 million USD (up 31.8%), while imports marked 3580.3 million USD, up 8.6%. Negative trade balance …

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Dairy Products Plant to Open in Kazbegi

Dairy products manufacturing company will open in the village of Arshashi, Kazbegi Municipality. The company will produce dairy products, sour milk and cheese of domestic raw materials. The company will invest 342 400 GEL in production and employ 14 persons, initially. LEPL State Property National Agency has transmitted 2140 square …

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Ten Top Vehicles Exporter Countries

In 2016 vehicles occupied a leading position in the world exports. Namely, vehicles exports constituted 698 billion USD throughout the year and surpassed oil exports. Year on year growth in vehicle exports made up 2.7%. Germany ranks first in total exports with 152 million USD and 22% ratio. Japan is …

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Solar Power Station Construction to Start in Georgia

Georgian Energy Development Fund (GEDF) plans to launch solar power station construction in 2017, Tornike Kazarashvili, head of board of directors of LLC Kartli Wind Power Station, told Business Course. Installed generation of wind power station is 5 megawatts. Project’s investment value is 5 million USD. The facility will be …

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Mariam Valishvili Plans to Purchase Wind Power Station Shares

Deputy Energy Minister Mariam Valishvili plans to purchase wind power station shares. Mariam Valishvili told Business Course that she will receive information about on stock exchange placement and supposedly will buy a share or several shares. “This is the first case, when our compatriots are able to co-participate in energy …

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National Tourism Administration Allocates 150 000 GEL for Media Tours

National Tourism Administration spent 138 991 GEL for the press and info-tours in the frame of the project ”Meet Georgia” during the 2015-2016 years. According to ”Business Course” information provided by the National Tourism Administration, 8 media tours were held and 41 reportages have produced within the project. Total expenditure amounted …

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