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Economy

Circular Economy-Mapping Session at Impact Hub

During the Circular Economy Mapping Week CEC Organizers will voluntarily set up group sessions to map the circular initiatives in their cities (60+city). The overall objective of the session is to bring together circular enthusiasts to discuss and learn about the latest circular initiatives happening in their cities, as well …

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Conundrum of Unemployment

Unemployment is the sharpest problem in Georgia. This is confirmed by various public polls done by local and international organizations. However, public discussions and media coverage do not fully reflect deepness of this problem. There is a lack of discussion  in Georgian society regarding the problem of unemployment due to …

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Georgia Joins EU Search Platform for State Tenders

Georgia has joined the EU s search platform for state tenders. The OPENTENDER.EU launched operation today, on January 30. The platform unites information on state tenders from 35 countries. Besides 28 EU member countries, the website provides information about tenders in Georgia, Switzerland, Iceland, Norway, Serbia and Armenia. OPENTENDER.EU is part …

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Hydro Energy Corporation Plans to invest $ 1 billion in Construction of HPP

“Hydro Energy Corporation” plans to invest $ 1 billion in construction of HPP. As for Tato Tsintsadze, operating director of the company, agreement was signed in 2015 with Ministry of Energy and technical-economic research of the project is underway. “This project covers three-cascade station in Western Georgia, with a total …

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Tbilisi to Host Europe Aviation Forum in February

Tbilisi will host Europe Aviation Forum ”Connect” on February. Keti Aleksidze, director of “Georgia Airports Association”, shared 2018 plans with BM. Tbilisi will host European Aviation Forum Connect on February 20-22, and what is the importance of this forum? Conducting similar events in Georgia is very important because we can …

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What to Expect from 2018 State Budget

Infrastructure, Education and Healthcare as Priorities of the 2018 State Budget. Total revenues of the 2018 state budget are planned at 12.4 billion GEL, including: tax revenues – 9.490 billion GEL (23.5% of GDP); the remaining part of revenues will be mobilized from other resources. This signifies 23 Tetri from …

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Georgia Airspace Traffic Increased by 13%

According to the statistics data of 2017, the number of flights in Georgia’s airspace has increased by 13%. The information was published by Sakaeronavigatsia Ltd, Ministry of Economy and Sustainable Development of Georgia. It has increased both, arrival as well as departure flights. During the year 2017, 142 026 instrumental …

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