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Tag Archives: georgia

Annual Cost of Living Rises to 167 GEL

Annual cost of living of able-bodied males has risen. According to Geostat, national statistics service of Georgia, in July 2017 the cost of living totaled 167.2 GEL, up 11 GEL as compared to the 2016 indicators. The cost of living marked 156.6 GEL in July 2016. At the same time, …

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Record Figures in Tourism Sector

In July Georgia hosted about 1mln foreign visitors, National Tourism Administration of Georgia reports. In whole, the country has hosted about 4mln tourists as of August 1, 2017. According to January-August indicators, the country received 3 978 657 international visitors, up 16.8% year on year. Number of tourists, who have …

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2Q17 Revenues from Tourism Sector Marked 657.6mln USD

Tourism sector’s revenues in the first half of 2017 made up 1.09bln USD, including revenues in the second quarter totaled 657.6mln USD, up 28% as compared to the same period of 2016. In the first quarter of 2016 tourism sector’s revenues made up 434.6mln USD. In June the sector’s revenues …

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Vintage Past, Rosé Future: Georgian Wine

Vintage Past, Rosé Future: Georgian Wine

​This week Georgia became the first guest wine region at the shiny new Cité de Vin museum in Bordeaux. Georgians have been making wine for 8,000 years. Though debate still swirls over whether that makes them the oldest winemakers, the drink is central to their culture. The national wine agency …

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Georgian Juice Producers not Want to Buy Local Concentrates

Georgian Juice Producers not Want to Buy Local Concentrates

Georgian producers of natural juices refuse to use local concentrates and prefer imported ones. according to the director of the cannery Giam Group Rezo Gogitidze, the plant produces a large number of concentrates, which are 100% exported, while local producers spend currency on imports. Our concentrates are exported to the …

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International Events and Tourism Conference Sportsway Tourism held in Borjomi

With the support of the National Tourism Administration of the Ministry of Economy and Sustainable Development, International Events and Tourism Conference- Sportsway Tourism will be held at Rixos Borjom Hotel on September 28-29, 2017. The conference will become an annual, traditional event. Following subjects will be discussed at the conference: The …

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New IFC Partnership in Georgia to Help Save Water, Conserve Power

New IFC Partnership in Georgia to Help Save Water, Conserve Power

IFC, a member of the World Bank Group, has signed an agreement to help the Georgian Water and Power (gwp) company, a leading supplier of water in Georgia, conserve resources and become more energy efficient, improving its competitiveness and environmental performance. With IFC’s advice, gwp will benchmark its energy consumption …

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Baku-Tbilisi-Kars Railway to Attract Transit Cargo Traffic to Kazakhstan

With the commissioning of the Baku-Tbilisi-Kars railway line this year, cargo from China will be transported through Kazakhstan along a shorter route to Turkey and on to Europe. This was said during a working trip to Azerbaijan and Georgia by Kanat Alpysbayev, the head of Kazakhstan’s national railways company Kazakhstan …

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