Azerbaijan’s state oil company SOCAR will additionally produce nearly 7,300 tons of oil annually once it commissions a new well which is being drilled at the Western Absheron offshore field, SOCAR said in a message available on its website. The well’s projected depth is 770 meters. According to geologists, 20 …

Professional Winemaking Products company has been manufacturing wine barrels in Gurjaani since 2013. Six months ago the company also launched production of furniture of barrels. The company director Vasiko Kalandadze told Business Course that at this stage, Georgian products are sold in Germany and Azerbaijan. The company will launch exports …

Tbilisi International Airport names five most punctual airlines. The list of top 5 airlines which had minimum delayed flights looks like this: Lufthansa Atlasglobal Pegasus Aeroflot Aegen Airlines  

Georgian Airports Association has allocated 23 305 085 GEL for building a new terminal at Kutaisi Airport. The company has already announced a tender to select a company that will finish the works in 140 days after the agreement signature. Tender proposals should be submitted through August 17. The new …

Georgian Energy Development Fund has announced tender for conducting feasibility studies for Borjomi hydro power plant and purchasing consulting services. Borjomi HPP is one of the oldest power stations in the former Russian Empire. The facility launched operation on January 15, 1899. Two turbines of Pelton type used to function …

Under the concept of Finance House, TeraBank has renovated one more branch. The bank’s commercial director and the branch’s manager cut red ribbon at Melikishvili Avenue N8/2. Starting today you are able to visit the renovated branch on Melikishvili Avenue and receive entirely different banking services. Cozy environment, warm colors …

Zaza Pachulia will support promotion of business initiatives with TBC Bank. Basketball player talked about this on 9 August at Impact Hub meeting, where he met TBC Bank’s project startuper and business awards nominees ”Startup of the year” participants. ”We have a lot in common, me as a sportsman and …

On August 8, at 20:00, a summary of Aghadgine (restore) campaign was held in the yard of the Georgian National Museum. The attendees were introduced a report of the work and planted trees within project. Representatives of the companies who contributed to the restoration of the burning forest of Borjomi …

Batumi airport received 67% more visitors compared to the same period of previous year. According to the Government of Ajara, 20-22 flights are done at Batumi International Airport per day and more than half million tourists have visited the region in just six month on the year. In the first …