Business

1.5 Million Investment in Tkibuli - Okriba Starts Tea Production

With the raw materials obtained from tea plantations which are cultivated in Tkibuli Municipality, the village Samtredia on 55 hectares, Okriba started producing high-quality tea in the nearby tea processing plant this year. 

Retail Group Georgia Postponed Opening of 10 New Stores Until Next Year

Retail Group Georgia has postponed the opening of about ten stores scheduled for 2021 this year.

Construction of Autograph Collection Hotel in Abastumani to Complete in 2022

The construction of the Autograph Collection hotel in Abastumani will be completed in 2022.

Luxurious VIllas and Hotel in Kakheti - Villa Godoli to Open Next Year

Villa Godoli is one of the most luxurious hotels which includes 56 rooms and will be opened in Ruispiri. The total price of the investment is 15 million GEL.

Georgia’s Water Exports Hit $49 million – TOP Exports Markets and Companies

In January-June 2020, Georgia exported mineral and spring waters worth $49.4 million, down 24.5% compared to the same period of 2019.

Construction of Hotel and Golf Club on Tabori Mountain to Complete in 2022

The building processes of the hotel and golf club will be finished in the first quarter of 2022.

Georgia to Develop Bakuriani Infrastructure by EBRD Loan

EBRD has approved a 5 million USD loan to Georgia for the Bakuriani Infrastructure Development.

Batumi Soviet-Era Cafe Granted Cultural Heritage Status

At the initiative of the Ajara Cultural Heritage Protection Agency, by the decision of the National Agency for Cultural Heritage Preservation of Georgia, Octopus was granted the status of a cultural heritage monument.

AgroLine to Invest 5 million GEL in Building Nuts Processing Plant in Kakheti Region

AgroLine company plans to arrange a nuts processing enterprise in the village of Chumlaki, Gurjaani Municipality, in late September or early October.