Economy

Chinese Investor May Suspend Plastic Recycling Pant Project in Kutaisi FIZ

The Government of Georgia plans to adopt the law that may hinder the construction of a plastics recycling plant in Kutaisi Free Industrial Zone (FIZ), Soso Nibladze, head of Kutaisi FIZ Hualing told Business Partner.

Japan Plans to Explore Georgian Agrarian Potential

Chairman of the Georgian Parliamentary Committee on Agrarian Issues Nino Tsilosani met with the Ambassador Extraordinary and Plenipotentiary of Japan to Georgia Akira Imamura.

Screen Houses Established to Preserve Endemic Georgian Varieties of Grapes

Two screen houses with the highest standards have been established in Georgia by the European Union and the Food and Agriculture Organisation under the EU4Business programme.

Natalia Chubinidze Answers Questions about Employment of Georgia Citizens in Germany

In her interview with Business Partner, migration management specialist Natalia Chubinidze appraised the Georgia-Germany legal program for employment of Georgian citizens in the agriculture sector of Georgia for a period of 1-3 months.

Fitch Places Crystal on Rating Watch Negative on Refinancing Risk

The rating action reflects elevated refinancing risk, as new funding from foreign lenders, a key source for principal repayments due in 2Q21 and 3Q21, remains difficult to attract cost-effectively in current conditions.

Swiss Cheesmaker Markus Racine Launches Swiss Agricultural School Caucasus

The Swiss regional newspaper Prättigauer und Herrschäftler published an article about Georgia with the title- cheesmaker Markus Racine moves to Georgia. 

Just in: PM Giorgi Gakharia Resigns

Giorgi Gakharia has made a decision to resign as the court sends United National Movement Chairperson Nika Melia to Pretrial Detention.

George Lakirbaia: Georgian Population is Receiving the Electricity Generated by Shuakhevi HPP daily basis.

The Shuakhevi HPP began operation in the spring of 2020, and the electricity it has generated has resulted in an 8% increase in the electricity generated by seasonal hydropower plants in Georgia compared to last year.

Free Trade Agreement with South Korea to Open 52-million Market for Georgian Products

Last week Georgia started preparing feasibility studies to determine the expedience of signing a free trade agreement with South Korea.