Business

Georgia’s IT Sector Foreign Income Drops by $133 Million in Nine Months

The foreign income of Georgia’s IT sector declined significantly in the first nine months of 2024, according to statistics published by the National Bank of Georgia.

Detailed Development Plan for "Ambassador Island Batumi" Approved by Spatial and Urban Development Agency

The LEPL Spatial and Urban Development Agency has officially approved the detailed development plan for "Ambassador Island Batumi

Georgian Beer Market Grows by 2% in 2024, Says Efes Georgia Corporate Affairs Director

The Georgian beer market has shown steady growth over the past four years, with a 2% increase estimated for 2024, according to Nikoloz Khundzakishvili

George Keburia to Debut at London Fashion Week

Renowned Georgian designer George Keburia is set to make his mark on the global stage with his debut at London Fashion Week.

FMCG Sector Revenue Expected to Grow 8% Annually in 2025–28 – Galt & Taggart

A recent study by Galt & Taggart forecasts an 8% annual growth in revenue for Georgia’s FMCG (Fast-Moving Consumer Goods) sector between 2025 and 2028

Entrepreneurs Boycott Christmas Market in Solidarity; Online Platform “Happy EU Year” Launched to Support Them

Hundreds of Georgian entrepreneurs have chosen to forgo participation in this year’s Christmas market, despite the peak shopping season. Their decision comes in response to the tense political situation in Georgia.

Competition Agency Finds Mihouse in Violation of Consumer Rights During Promotional Period

The Georgian Competition and Consumer Protection Agency (GCCA) has determined that Hualingi-Building Materials Hypermarket LLC, operating through the website www.mihouse.ge

“We Are Pleased with the Progress Achieved Together in Georgia” – Yara Representatives Visit Agrosphere

Representatives from Yara, one of the world’s largest manufacturers of innovative fertilizers, recently visited Georgia.

NBC Fined 53,800 GEL by National Bank of Georgia for Violations

The National Bank of Georgia has imposed a fine of 53,800 GEL on payment service provider NBC LLC.