Business

NIBA Expands Milk Production

Located in the village of Kumisi, in the vicinity of Tbilisi, NIBA-2008 farmland produces 3 tons of raw milk a day for the domestic market. At this stage, the complex holds 200 cows and employs 6 citizens.

List of Sectors where Wages Decreased the Most

The average monthly salary of employees in Georgia has decreased. In particular, according to Geostat, if the average salary of employees in the second quarter of 2019 was set at 1,179 GEL, in the same period of 2020 it was 1,150 GEL.

Employers' Association Predicts Further Reduction in the Average Wage by the End of the Year

The Employers' Association predicts a further decline in average monthly wages by the end of 2020. The cause is the coronavirus pandemic and the negative attitudes associated with it.

UK Increasing FDI in Georgia in Second Quarter

Minister of Economy and Sustainable Development, Natia Turnava held a meeting with Mark Clayton, Ambassador of the United Kingdom of Great Britain and Northern Ireland to Georgia.

CarBox - Exclusive Gift Set for Licensed Taxi Drivers

Socar Georgia Petroleum, Greenway, and Amboli created a gift set for licensed Taxi drivers. CarBox includes necessary and favorable vouchers and discounts.

Mtevino Exports Wine to China

Negotiations between Mtevino and the Chinese party started during the pandemic and a 2 million dollar agreement was formed.

Universal Pictures Expresses Interest in Using Locations in Georgia

The world's largest motion picture production facility, Universal Pictures expressed interest in producing a film in Georgia.

SOCAR Georgia Petroleum and KIA Motors Georgia Sign Memorandum on Mutual Understanding

On September 11, at KIA Motors Georgia showroom, SOCAR Georgia Petroleum and KIA Motors Georgia signed a memorandum on mutual understanding.

Snap Fitness Georgia Opens a New Premium Quality Branch

Due to the coronavirus outbreak, amount of customers are decreased by 30%. However, Snap Fitness Georgia announced the opening of a new, premium-quality gym from September 15th.