Currencies

EUR/GEL

3.029587

0.251548

8.30%
USD/GEL

2.690342

0.279749

10.40%
GBP/GEL

3.550182

0.169179

4.77%
UAH/GEL

0.099009

0.021629

21.85%
KZT/GEL

0.007072

0.000590

8.34%
UZS/GEL

0.000320

-0.000005

1.56%
EUR/USD

1.126150

-0.021312

1.89%
GBP/USD

1.319602

-0.067191

5.09%
EUR/GBP

0.853464

0.028750

3.37%
USD/RUB

64.700798

-0.673098

1.04%

Wine

Daily Grape Processing hit the Record in Kakheti

Daily grape processing hit the record in Kakheti, during the 2019 vintage.

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Giorgi Gakharia: Principle of Bureaucratic Spending Reduction will be Strictly Controlled

New Owner of Wind Power Station to Pay 17.5 million USD to EBRD

Agreement Signed between Silknet and Euronews to launch “Euronews Georgia”

Kutaisi International University To Receive 1 billion EUR

Advertisement about Georgia Became Winner on ATWS

On Adventure Travel World Summit the majority of votes were given to Georgian-based advertisement.

IMF Staff Concludes Visit To Georgia

IMF led by Ms. Mercedes Vera-Martin, visited Tbilisi during September 11-17, 2019 to discuss recent economic and financial developments and progress with the structural reforms.

Construction Sector's Growth Slowing Down in Georgia

According to the National Statistical Office, in the second quarter of 2019 the construction sector declined by 4.6%.

Azerbaijan and Georgia Parties Discuss Transport and Energy Projects of Global Importance

Director General of the Georgian Railway Davit Peradze paid a visit in Azerbaijan on September 17-18 with the Minister of Economy and Sustainable Development of Georgia Natia Turnava and her deputies.

Georgian Farmers Learn about best Practices in Conservation Agriculture

The Food and Agriculture Organization of the United Nations (FAO) under the ENPARD programme of the European Union, held a Farmer Field Day for the farmers and stakeholders in Lagodekhi, Georgia.

Daily Grape Processing hit the Record in Kakheti

Daily grape processing hit the record in Kakheti, during the 2019 vintage.

Last 7 Days Hot Topic

Aldagi Assists Small and Medium-sized Businesses in Adopting a Safety Standard at Work
01

Former Chairman of TBC Bank Founded Political Movement Called Lelo
02

Georgian Wine and Spirits Exports to the USA to Increase Employment and Enlarge Vineyards
03

Business

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Myway Airlines to Become Official Partner of Taste & Play

Myway Airlines to Become Official Partner of Taste & Play

The New Government’s Action Plan and the Business Ombudsman’s Expanded Mandate

The New Government’s Action Plan and the Business Ombudsman’s Expanded Mandate

Business Awards 2019 Returns with Updated Format and Nominations

Business Awards 2019 Returns with Updated Format and Nominations

There Should not be any Business Which Avoids Paying Taxes

There Should not be any Business Which Avoids Paying Taxes

Startup

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Georgian Startup Launches Production of Medical Textile

Georgian Startup Launches Production of Medical Textile

Startup Express - Tourism Innovation Bootcamp to take Place on September 27-29

Startup Express - Tourism Innovation Bootcamp to take Place on September 27-29

Georgian Youngsters to Create Anti-Occupational Game

Georgian Youngsters to Create Anti-Occupational Game

Georgia’s First Internet Browser Stack Attracts 1 million EUR Investments

Georgia’s First Internet Browser Stack Attracts 1 million EUR Investments

Wine

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Peak of Daily Grape Processing Observed in Kakheti

Peak of Daily Grape Processing Observed in Kakheti

About 4,000 Wine-Growers Delivered Grapes to Wine Companies in Kakheti

About 4,000 Wine-Growers Delivered Grapes to Wine Companies in Kakheti

Georgian Wine and Spirits Exports to the USA to Increase Employment and Enlarge Vineyards

Georgian Wine and Spirits Exports to the USA to Increase Employment and Enlarge Vineyards

Georgian-American Brand to Run under Agreement with Bolero

Georgian-American Brand to Run under Agreement with Bolero

Economy

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Kartli Wind Power Station Put out for Auction

Kartli Wind Power Station Put out for Auction

Despite Real Attractiveness as an Investment Destination, Georgia Fails to Make Full Use of this Opportunity because of Political Turmoil

Despite Real Attractiveness as an Investment Destination, Georgia Fails to Make Full Use of this Opportunity because of Political Turmoil

Electricity Imports Grow by 20%, Exports Decline by 59%

Electricity Imports Grow by 20%, Exports Decline by 59%

IMF Mission Deems Trend of Economic Indicators in Georgia to Be Positive

IMF Mission Deems Trend of Economic Indicators in Georgia to Be Positive

Georgia

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Euronews Georgia - Collaboration by Euronews and Silknet

Euronews Georgia - Collaboration by Euronews and Silknet

NDI: 90% of Respondents over 40 Years Old Have Left Pension Scheme

NDI: 90% of Respondents over 40 Years Old Have Left Pension Scheme

European School Launched in Georgia

European School Launched in Georgia

Natia Turnava will Have an Official Working Visit in Azerbaijan

Natia Turnava will Have an Official Working Visit in Azerbaijan

Banking

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Remittances Continued to Increase in August Driven by the EU

Remittances Continued to Increase in August Driven by the EU

Silk Road Bank Grows Assets

Silk Road Bank Grows Assets

Volume of Properties Seized by Commercial Banks Decline

Volume of Properties Seized by Commercial Banks Decline

Money Transfers Rise by 7.8% - Countries with Major Contributions

Money Transfers Rise by 7.8% - Countries with Major Contributions

Tourism

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Seven additional destinations for direct flights from Kutaisi International Airport in September

Seven additional destinations for direct flights from Kutaisi International Airport in September

Tourism Dynamics Improved in August

Tourism Dynamics Improved in August

Petra Fortress Rehabilitation to Complete in 2020

Petra Fortress Rehabilitation to Complete in 2020

Tbilisi joins World Tourism Cities Federation

Tbilisi joins World Tourism Cities Federation

Real Estate

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M2 Development Company to Finish Sveti Project

M2 Development Company to Finish Sveti Project

Korter: Reliable Information on Residential Real Estate in Georgia

Korter: Reliable Information on Residential Real Estate in Georgia

Number of room on Georgian Hospitality Market Increased by 8%

Number of room on Georgian Hospitality Market Increased by 8%

Hotel with 72 Suites and Winery to Open at Ilia Lake

Hotel with 72 Suites and Winery to Open at Ilia Lake

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Economy

IMF

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Ukraine election

Georgia

Lasha Talakhadze

MagazineNow

#295 Government Program and Business Sector Expectations

#295 Government Program and Business Sector Expectations

#294 Economic Forecasts by TBC Bank and Its Leader

#294 Economic Forecasts by TBC Bank and Its Leader

#293 Business Sector on the IRI Report – National Bank fails Mission

#293 Business Sector on the IRI Report – National Bank fails Mission

#292 Successful 5 Months for Georgian Exports

#292 Successful 5 Months for Georgian Exports

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Magazine

#291 Danish Artist illustrates Different Aspects of Georgia to encourage Tourism

2 months ago

Magazine

#290 Russia’s Ratio in Georgian Economy

2 months ago

Magazine

#289 Everlasting Georgia-Russia Deja-vu

2 months ago

Magazine

#288 15 000 Farmers united to save Georgian Hazelnut

2 months ago

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