Economy

Economy Minister Announces 5-Year USAID Program to Ensure Georgia’s Energy Independence

USAID and the Government of Georgia held an official inauguration of the Securing Georgia’s Energy Future Program.

Turkish Airlines Regains Leading Position on Georgia Air Market

Turkish Airlines has regained a leading position on the Georgian air market. In January-June Turkish Airlines’ passenger turnover rose by 2% year on year and by 4% compared to the same period of 2019.

Pfizer Company Obtains Most of Innovation Patents in Georgia

Pfizer pharmaceutical company has obtained the most of innovation patents in Georgia, Geostat, the National Statistics Service of Georgia, reports.

USAID to Launch Georgia’s Energy Future Securing Program Worth $15.7 Million

Securing Georgia’s Energy Future Program (SGEFP) will help the country diversify its energy resources.

Prime Minister: In 10 Years We Will Spend GEL 32 Billion on Infrastructural and Regional Development

"We will spend GEL 32 billion on implementing infrastructural and regional development projects for the next 10 years".

Partnership Fund Puts out 50% Stake of Georgian Natural Products for Auction

Partnership Fund plans to sell its stake in its affiliated company. Namely, the Fund plans to sell the 50% stake in the Georgian Natural Products company.

AYFB’s Address to Economy Minister: Non-transparent Environment May Destruct Energy Sector

In its special address, the Association of Young Financiers and Businessmen (AYFB) urges Georgian Economy Minister Natia Turnava to ensure a transparent environment in the energy sector

Georgian Airports Regain the Pre-Pandemic Passenger Turnover Indicators by Only 24%

Georgian Airports have regained only 23.6% of the pre-pandemic passenger turnover indicators. In the first half of 2021, the passenger turnover has shrunk by 76.14% compared to the pre-pandemic period

Galt&Taggart Places Georgian Leasing Company Bonds worth $12 Million and €3 Million

Galt&Taggart has successfully placed 2-year bonds of Georgian Leasing Company worth $12 million.