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Economy

Electricity Tariffs in Georgia and Turkey

Averaged price of electricity imports in December declined by annual 16.1% and constituted 4.9 US Cent on a kilowatt/hour. According to G&T information, growing imports volume in December 2017 raised the power balance price by annual 13.3% and constituted 4.8 US center for a kilowatt/hour. 19.7% of total supplied electricity …

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Wine Export Growth Was Fixed in The Beginning of The Year

According to the LEPL National Wine Agency of the Ministry of Environment and Agriculture, in January 2018, 5,12 mil. bottles (0,75l) of wine have been exported to 24 countries worldwide, that is 18% higher than the similar data of the last year. Totally, 11,4 mil. USD worth of wine have …

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Oil Shipments from Georgia’s Batumi Port Down 34%

Oil and related shipments from Georgia’s Black Sea port of Batumi in January were down 34 percent from a year earlier, an official at the terminal, operated by Kazakh KazMunaiGas, told Reuters. The official gave no reason for the fall, but state company KazMunaiGas continued to reroute some shipments to …

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The wind power plant Generated 103 923 000 KWH

The electricity generated by the Kartli wind power plant in January of the current year and the electricity supply reached 7 123,340 kWh, which exceeds 723 000 kWh forecast for January. It should be noted that the energy generated and supplied from Kartli wind power plant since it’s launch day, …

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Myway Airlines Aiming at Employing Georgian Citizens

Myway Airlines is established by Chinese investment, it is company’s priority to employee Georgian citizens. “This agreement was done from the very beginning, that every single position should be taken by locals, whether it is flight attendant or management. If there will be specific personnel needed that can’t be found …

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Georgia To Develop Cooperation in Trade, Agriculture And Tourism with Belarus

Georgia- Belarus

Belarus and Georgia will develop cooperation in trade, agriculture and tourism, Belarus’ Deputy Prime Minister Mikhail Rusy told the media after the meeting of the intergovernmental Belarusian-Georgian commission on economic cooperation on 31 January, BelTA reported. “Belarus-Georgia trade and economic relations and cooperation in the humanitarian, cultural and tourism sectors …

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