Business

Vani Nuts Reports Drop in Hazelnut Harvest

Makhare Lemonzhava, founder of Georgian hazelnut exporting company "Vani Nuts," reported a drop in both the quality and quantity of last year's hazelnut harvest, leading to a decrease in price.

Social Enterprise ETLI.GE is Expanding its Range

Social enterprise etli.ge expands its range. Wheelchairs for use in the bathroom will be put into production in the near future.

Levan Gomshiashvili to Lead the Digital Direction of Bank of Georgia

The digital direction of "Bank of Georgia" will be headed by Levan Gomshiashvili, who will also continue to lead the marketing direction.

Georgia Sold Over 2 Tons of Gold Abroad in 2022

Georgia's income from unprocessed or semi-processed gold exports was USD 81 million 476 thousand in 2022, with over 2 tons sold abroad.

Binance and GITA Signed a Memorandum of Cooperation

The world's largest crypto exchange, Binance, signed a memorandum of cooperation with the Georgian Innovation and Technology Agency (GITA).

Furniture Production Increased in Georgia - Sector Cites Several Reasons

Furniture production is increasing in Georgia. According to "Galt & Taggart" data, in 2017-21, the share of local production in the furniture sector increased from 22.1% to 27.0%.

Intenational Consultants are Looking Into Investment Opportunities

The location's consultants, Peter Ryan and Michael Zdanowski, held meetings with local consulting companies, business associations, international organizations, and foreign companies operating in Georgia.

Helios Energy: There is 15-20% Drop in Solar Panel Prices

Tornike Darjania, the founder of the company "Helios energy", notes that the prices of solar panels on the international market decreased by about 15-20%.

Manna's Sales Increased by 250%

In 2022, the Georgian tea company "Manna" increased its sales on the local market to 250%.