Finance Minister Nikoloz Gagua met with Mr. Helmut Fischer, Executive Director of Asian Development Bank. The sides emphasized the importance of successful partnership between Georgia and ADB. They reviewed ongoing and planned projects supported by the Bank in the country. The Minister of Finance has introduced those reforms to the Executive …

Wine export keeps growing trend. However, 38.2 million bottles are exported in 48 countries within 6 months (5m/2018 – 31.5 million), which is 21% more comparing to the same period of 2017 (5m/2018; 5m/2017 +27%). The revenues are grown by 28% up to 90.3 million USD (5m/2018 – 75.5 USD; …

Interview with the CEO of Global Promotion Group George Gocheleishvili. What does Global Promotion Group do? Global Promotion Group – international consulting company offering foreign companies a full range of services in the field of real estate, migration and investment to enter the European market, the CIS market, countries of the …

There was 2.1% decrease in agricultural production in 2017 compared to the previous year. Production in the plant-growing sector declined by 0.4%, while animal production experienced a decrease of 3.8%. Lower production resulted in lower self-sufficiency ratios for most agricultural products, ISET reports. Revenue from the sale of agricultural products …

In the first quarter of this year over 542 units were completed in Georgia, which is 109 less than the same period of the last year. Most of the sites (166), were implemented in Tbilisi, followed by 89 units of Kakheti region, followed by Mtskheta-Mtianeti and Kvemo Kartli with 62-62 …

JSC “Nenskra Hydro”, which is implementing Nenskra Hydroelectric project, has released a statement regarding the situation in the village of Chuberi in Mestia municipality. According to our information, On July 5, in the village of Chuberi, Mestia municipality, Nenskra River, due to a natural disaster, flooded the central part of …

KEFAL FEST will be held for the first time in Poti, port city of Georgia, on 12 August 2018. The main event of the festival will be the only city-scale international game called ARGO QUEST. The festival will also offer competitions in sports fisheries, marathon, water skiing, beach games, various …

22-year-old UX/UI designer, Beka Kereselidze will be among young jury members, at Awwwards 2018 and will judge five different projects  in Design, Usability, Creative and Content. Beka has five year working experience and currently works at adjara.com as UI/UX Designer. From the beginning, I was just an user of website and …

With the initiative of TBC, the largest regional business forum will be held in Ajara, especially for bank’s business clients. The first forum will be held in Batumi on July 7, at Radisson Blu Hotel Hotel, which will be attended by up to 300 representatives of Georgian businesses. Information field …

At the meeting held between H.E. Mamuka Bakhtadze, Prime Minister of Georgia and Mr. Kenneth Angell, Managing Director of New Investment Projects of OPIC noted that Overseas Private Investment Corporation (OPIC) intends to boost its investments in Georgia. OPIC is interested in the projects of a deep-see port of Anaklia …

The electricity supply in Azerbaijan was being gradually restored on Tuesday after a major blackout that left the country with no power for several hours, the energy ministry said. The massive outage was caused by an explosion at a hydropower station in the city of Mingacevir following an overload of …

Fitch Ratings has assigned JSC Microfinance Organization Swiss Capital a Long-Term Issuer Default Rating of ‘B-‘. The Outlook is Stable. Fitch has also assigned the company’s proposed local bond an expected senior unsecured ‘B-(EXP)’, aligned with the IDR. The ratings of Swiss Capital reflect its business focus on consumer and …