Business

₾13 Million Allocated for the Construction of Zugdidi Sports Complex

The Municipality Development Fund will oversee the construction of a new sports complex in Zugdidi, financed by a credit from the Asian Development Bank, with a budget of 13 million GEL.

Number of Electric Cars Increased by 27% in One Year

According to the Statistics Service, Georgia's vehicle fleet has grown by almost 5% in one year, with an 11% increase in hybrid vehicles and a 27% increase in electric cars.

Germany Intrested in Chirifruit's Sugar-Free Products

The Georgian sweets company, Chirifruit, is set to export its products to the European Union after receiving an order from Germany for a sugar-free product made with Georgian dried fruit and chocolate.

EU and EBRD Back Historic Placement of 25 Million GEL Social Bonds on Georgia's Capital Market

The European Union and the European Bank for Reconstruction and Development (EBRD) have announced their support for the issuance of social bonds worth 25 million GEL by "JSC Microfinance Organization Crystal

A Family Business of Wooden Toys: Kokito

Kokito is a family business of wooden toys founded by women entrepreneurs Marika Grigolishvili and Laliko Gogiberidze.

Georgian Citizen Granted Right to Purchase Ukrainian BTA Bank

On March 2, the Antimonopoly Committee of Ukraine granted a Georgian citizen, Rati Chelidze, the right to purchase the controlling stake in Ukrainian BTA Bank's assets.

A Georgian Doctor has Created the World's Longest Flying Drone

The world's longest flying drone has been created by a Georgian doctor, Davit Mrelashvili, who is currently working in the USA.

Kutaisi International Airport Announces ₾3.5 Million Tender for New Parking Lot Construction

A tender worth ₾3.5 million has been announced for the construction of a new parking lot near Kutaisi International Airport. The Union of Georgian Airports has issued the tender and will accept proposals from March 9 to March 14.

Georgian Entrepreneur Develops Food Tourism with Support from the EU

Nanuli Chelidze, a Georgian entrepreneur based in Ushguli, is expanding her hotel and culinary business with the help of the European Union, Sweden, and Austria.